QUARTERHILL INC (QTRHF) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2018, filed Feb 28, 2019. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the QTRHF SEC filings page.
QUARTERHILL INC (QTRHF) reported $77.4M in revenue for fiscal year 2018, down 42.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
QUARTERHILL INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
QUARTERHILL INC scores 3.59, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($284.4M) relative to total liabilities ($32.5M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
QUARTERHILL INC passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
QUARTERHILL INC reported a net loss of $49.1M while operations used $8.4M of cash. With neither figure positive, the ratio between the two carries no quality signal.
QUARTERHILL INC reported an operating loss of $58.5M against $220K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2018.
Cash & Balance Sheet
QUARTERHILL INC held $63.9M in cash against $173K in long-term debt as of Q4 2018.
Not reported for Q4 2018.
Not reported for Q4 2018.
Margins & Returns
None of these metrics is reported for Q4 2018.
Capital Allocation
None of these metrics is reported for Q4 2018.
QTRHF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
QTRHF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'1810-K | Q4'1710-K | Q4'1610-K | Q4'1510-K | Q4'1410-K | Q4'1310-K | Q4'1210-K | Q4'1110-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $237.4M-21.7% | $303.2M+7.1% | $283.0M-3.5% | $293.2M-6.4% | $313.2M-7.1% | $337.2M+1.9% | $330.8M-43.8% | $589.0M+133.5% |
| Current Assets | $90.7M-23.3% | $118.3M-9.8% | $131.1M+25.4% | $104.6M-19.8% | $130.3M-9.8% | $144.4M-19.0% | $178.3M-59.3% | $437.9M+290.8% |
| Cash & Equivalents | $63.9M-21.9% | $81.8M-23.2% | $106.6M+14.0% | $93.4M-26.0% | $126.3M-3.1% | $130.4M-25.6% | $175.2M-59.5% | $432.2M+423.0% |
| Short-Term Investments | $1.1M-7.8% | $1.2M+7.1% | $1.2M+3.0% | $1.1M-16.2% | $1.3M-8.3% | $1.5M-9.9% | $1.6M+6.1% | $1.5M-94.3% |
| Inventory | $6.0M+17.3% | $5.1M | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $10.8M-44.0% | $19.3M-5.2% | $20.4M+141.3% | $8.4M+283.8% | $2.2M-81.7% | $12.0M+953.5% | $1.1M-47.1% | $2.2M-3.8% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $25.3M-40.6% | $42.6M+237.4% | $12.6M0.0% | $12.6M0.0% | $12.6M0.0% | $12.6M0.0% | $12.6M0.0% | $12.6M-6.6% |
| Total Liabilities | $32.5M-33.1% | $48.6M+25.2% | $38.8M-25.1% | $51.8M-23.1% | $67.4M-19.8% | $84.1M+118.3% | $38.5M-85.1% | $257.8M+2084.3% |
| Current Liabilities | $26.6M-25.3% | $35.6M+36.8% | $26.0M-16.9% | $31.3M-13.9% | $36.3M-18.3% | $44.5M+78.3% | $25.0M-89.5% | $237.4M+1911.5% |
| Non-Current Liabilities | $5.9M-54.4% | $13.1M+1.8% | $12.8M-37.6% | $20.6M-33.9% | $31.1M-21.5% | $39.6M+191.8% | $13.6M-33.5% | $20.4M |
| Long-Term Debt | $173K-56.9% | $401K-96.9% | $12.8M-35.8% | $19.9M-27.6% | $27.5M-15.6% | $32.6M+1119.2% | $2.7M-48.5% | $5.2M |
| Total Equity | $204.9M-19.5% | $254.5M+4.3% | $244.1M+1.1% | $241.4M-1.8% | $245.8M-2.9% | $253.1M-13.4% | $292.3M-11.7% | $331.2M+37.7% |
| Retained Earnings | -$253.4M-22.5% | -$206.9M+2.7% | -$212.6M+3.0% | -$219.2M-3.0% | -$212.9M-4.9% | -$203.0M-22.2% | -$166.1M-22.4% | -$135.7M+12.5% |
QTRHF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
QTRHF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| QUARTERHILL INC QTRHF | FY2018 | $77.4M | -$49.1M | -63.5% | $284.4M | — |
| AERKOMM INC AKOM | FY2025 | N/A | -$18.3M | N/A | $808K | — |
| VEMANTI GROUP INC VMNT | FY2023 | N/A | N/A | N/A | $4.4M | — |
Where QUARTERHILL INC Ranks
Frequently Asked Questions
What is QUARTERHILL INC's annual revenue?
QUARTERHILL INC (QTRHF) reported $77.4M in total revenue for fiscal year 2018. This represents a -42.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is QUARTERHILL INC's revenue growing?
QUARTERHILL INC (QTRHF) revenue declined by 42.5% year-over-year, from $134.7M to $77.4M in fiscal year 2018.
Is QUARTERHILL INC profitable?
No, QUARTERHILL INC (QTRHF) reported a net income of -$49.1M in fiscal year 2018, with a net profit margin of -63.5%.
What is QUARTERHILL INC's EBITDA?
QUARTERHILL INC (QTRHF) had EBITDA of -$31.3M in fiscal year 2018, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does QUARTERHILL INC have?
As of fiscal year 2018, QUARTERHILL INC (QTRHF) had $63.9M in cash and equivalents against $173K in long-term debt.
What is QUARTERHILL INC's operating margin?
QUARTERHILL INC (QTRHF) had an operating margin of -75.5% in fiscal year 2018, reflecting the profitability of core business operations before interest and taxes.
What is QUARTERHILL INC's net profit margin?
QUARTERHILL INC (QTRHF) had a net profit margin of -63.5% in fiscal year 2018, representing the share of revenue converted into profit after all expenses.
What is QUARTERHILL INC's return on equity (ROE)?
QUARTERHILL INC (QTRHF) has a return on equity of -24.0% for fiscal year 2018, measuring how efficiently the company generates profit from shareholder equity.
What is QUARTERHILL INC's free cash flow?
QUARTERHILL INC (QTRHF) recorded an outflow of $9.0M in free cash flow during fiscal year 2018. This represents a -112.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is QUARTERHILL INC's operating cash flow?
QUARTERHILL INC (QTRHF) recorded an outflow of $8.4M in operating cash flow during fiscal year 2018, representing cash used by core business activities.
What are QUARTERHILL INC's total assets?
QUARTERHILL INC (QTRHF) had $237.4M in total assets as of fiscal year 2018, including both current and long-term assets.
What are QUARTERHILL INC's capital expenditures?
QUARTERHILL INC (QTRHF) invested $575K in capital expenditures during fiscal year 2018, funding long-term assets and infrastructure.
How much does QUARTERHILL INC spend on research and development?
QUARTERHILL INC (QTRHF) invested $3.6M in research and development during fiscal year 2018.
What is QUARTERHILL INC's current ratio?
QUARTERHILL INC (QTRHF) had a current ratio of 3.41 as of fiscal year 2018, which is generally considered healthy.
What is QUARTERHILL INC's debt-to-equity ratio?
QUARTERHILL INC (QTRHF) had a debt-to-equity ratio of 0.00 as of fiscal year 2018, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is QUARTERHILL INC's return on assets (ROA)?
QUARTERHILL INC (QTRHF) had a return on assets of -20.7% for fiscal year 2018, measuring how efficiently the company uses its assets to generate profit.
What is QUARTERHILL INC's P/E ratio?
QUARTERHILL INC (QTRHF) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2018). The market capitalization is $284.4M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is QUARTERHILL INC's price-to-sales ratio?
QUARTERHILL INC (QTRHF) trades at 3.7x sales, its market capitalization divided by revenue of $77.4M revenue, FY2018. The market capitalization is $284.4M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does QUARTERHILL INC's liquidity compare with its operating cash outflow?
At the end of fiscal year 2018, QUARTERHILL INC (QTRHF) held $65.1M in cash, cash equivalents and investments, and reported an operating cash outflow of $8.4M over that year. Dividing the one by the other, the reported balance equals about 93 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is QUARTERHILL INC's Altman Z-Score?
QUARTERHILL INC (QTRHF) has an Altman Z-Score of 3.59, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is QUARTERHILL INC's Piotroski F-Score?
QUARTERHILL INC (QTRHF) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are QUARTERHILL INC's earnings high quality?
QUARTERHILL INC (QTRHF) reported a net loss of $49.1M while operations used $8.4M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can QUARTERHILL INC cover its interest payments?
QUARTERHILL INC (QTRHF) reported an operating loss of $58.5M against $220K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.