Quarterhill Inc. balance sheet QTRHF

Annual Quarterly

As of Dec 31, 2018, Quarterhill Inc. had total assets of $237.4 million and total liabilities of $32.5 million. Total assets were down 21.7% from a year earlier. Stockholders' equity was $204.9 million. It held $65.1 million in cash and investments against $2.9 million of total debt, net cash of $62.2 million. The current ratio, current assets divided by current liabilities, was 3.41.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
FY 2015
Dec 31, 2015
FY 2014
Dec 31, 2014
FY 2013
Dec 31, 2013
FY 2012
Dec 31, 2012
FY 2011
Dec 31, 2011
Assets
Cash
64
-21.9%
82
-23.2%
107
+14.0%
93
-26.0%
126
-3.1%
130
-25.6%
175
-59.5%
432
Short-term investments
1
-7.8%
1
+7.1%
1
+3.0%
1
-16.2%
1
-8.3%
1
-9.9%
2
+6.1%
2
Cash and investments
65
-21.7%
83
-22.9%
108
+13.9%
95
-25.9%
128
-3.2%
132
-25.5%
177
-59.2%
434
Receivables
11
-44.0%
19
-5.2%
20
+141.3%
8
+283.8%
2
-81.7%
12
+953.5%
1
-47.1%
2
Inventory
6
+17.3%
5
—
—
—
—
—
—
Total current assets
91
-23.3%
118
-9.8%
131
+25.4%
105
-19.8%
130
-9.8%
144
-19.0%
178
-59.3%
438
Property and equipment, net
3
-30.1%
4
+206.5%
1
-23.2%
2
-14.8%
2
-12.3%
2
+69.7%
1
-28.1%
2
Goodwill
25
-40.6%
43
+237.4%
13
+0.0%
13
+0.0%
13
+0.0%
13
+0.0%
13
+0.0%
13
Total assets
237
-21.7%
303
+7.1%
283
-3.5%
293
-6.4%
313
-7.1%
337
+1.9%
331
-43.8%
589
Liabilities and equity
Total current liabilities
27
-25.3%
36
+36.8%
26
-16.9%
31
-13.9%
36
-18.3%
44
+78.3%
25
-89.5%
237
Total liabilities
33
-33.1%
49
+25.2%
39
-25.1%
52
-23.1%
67
-19.8%
84
+118.3%
39
-85.1%
258
Stockholders' equity
205
-19.5%
255
+4.3%
244
+1.1%
241
-1.8%
246
-2.9%
253
-13.4%
292
-11.7%
331
Debt
Debt due within a year
3
-21.3%
4
-64.5%
10
+28.3%
8
-53.6%
17
-10.6%
19
+664.8%
3
+3.6%
2
Long-term debt
—
—
13
-35.8%
20
-27.6%
27
-15.6%
33
+1119.2%
3
-48.5%
5
Total debt
3
-21.3%
4
-84.1%
23
-17.3%
28
-37.7%
45
-13.7%
52
+897.4%
5
-31.8%
8
Net cash
62
-21.7%
79
-6.1%
85
+27.0%
67
-19.6%
83
+3.7%
80
-53.5%
172
-59.7%
426
Ratios
Current ratio
3.41x
3.32x
5.04x
3.34x
3.59x
3.25x
7.15x
1.84x
Debt to equity
0.01x
0.01x
0.09x
0.12x
0.18x
0.21x
0.02x
0.02x
Debt to EBITDA
—
0.10x
0.43x
0.51x
0.81x
4.83x
0.13x
0.32x
Return on equity
-23.98%
4.02%
4.53%
4.16%
3.95%
-7.15%
-4.97%
9.60%
Return on assets
-20.69%
3.37%
3.91%
3.42%
3.10%
-5.37%
-4.39%
5.40%
Book value per share
1.72
2.15
2.06
2.00
2.04
2.11
2.40
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry
Patent Owners & Lessors (SIC 6794)
Listed as
QTRHF (OTC)
Fiscal year ends
December 31
Incorporated in
Ontario, Canada
Headquarters
Toronto
SEC CIK
1518419
Former names
Wi-LAN Inc. (until May 5, 2017)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.