Quorum Information Technologies Inc.

Quorum Information Technologies Inc.verified

QIS.V

Price:

$0.86

Market Cap:

$63.28M

Quorum Information Technologies Inc., an information technology company, focuses on the automotive retail business in Canada and the United States. The company develops, markets, implements, and supports XSellerator, a dealership management system that automates, integrates, and streamlines processes across departments in a dealership; and DealerMine CRM, a sales and service customer relationship management system, as well as a set of business development center services. It also offers Autovance, a retailing platform that helps dealerships attract more business through digital retailing, and enhances in-store profits and closing rates through its desking tool; and Accessible Accessories, a ...[Read more]

Industry

Software - Application

IPO Date

2000-11-14

Stock Exchange

TSXV

Ticker

QIS.V

The Current Ratio as of September 2024 (TTM) for Quorum Information Technologies Inc. (QIS.V) is 2.12

According to Quorum Information Technologies Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.12. This represents a change of -0.79% compared to the average of 2.14 of the last 4 quarters.

Quorum Information Technologies Inc. (QIS.V) Historical Current Ratio (quarterly & annually)

How has QIS.V Current Ratio performed in the past?

The mean historical Current Ratio of Quorum Information Technologies Inc. over the last ten years is 3.48. The current 2.12 Current Ratio has changed 6.00% with respect to the historical average. Over the past ten years (40 quarters), QIS.V's Current Ratio was at its highest in in the September 2016 quarter at 6.00. The Current Ratio was at its lowest in in the September 2019 quarter at 1.34.

Quarterly (TTM)
Annual

Average

3.48

Median

3.22

Minimum

1.90

Maximum

5.42

Quorum Information Technologies Inc. (QIS.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Quorum Information Technologies Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 87.82%

Maximum Annual Current Ratio = 5.42

Minimum Annual Increase = -60.93%

Minimum Annual Current Ratio = 1.90

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.07-27.74%
20222.86-11.68%
20213.241.34%
20203.20-10.02%
20193.5587.35%
20181.90-60.93%
20174.86-10.46%
20165.427.46%
20155.0587.82%
20142.69-12.14%

Quorum Information Technologies Inc. (QIS.V) Average Current Ratio

How has QIS.V Current Ratio performed in the past?

The current Current Ratio of Quorum Information Technologies Inc. (QIS.V) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.72

5-year avg

2.99

10-year avg

3.48

Quorum Information Technologies Inc. (QIS.V) Current Ratio vs. Peers

How is QIS.V’s Current Ratio compared to its peers?

Quorum Information Technologies Inc.’s Current Ratio is greater than Avante Logixx Inc. (1.72), less than NamSys Inc. (8.68), less than ProntoForms Corporation (0), greater than RediShred Capital Corp. (0.46), less than BioSyent Inc. (6.13),

Build a custom stock screener for Quorum Information Technologies Inc. (QIS.V) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Quorum Information Technologies Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Quorum Information Technologies Inc. (QIS.V) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Quorum Information Technologies Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Quorum Information Technologies Inc.'s Current Ratio?

How is the Current Ratio calculated for Quorum Information Technologies Inc. (QIS.V)?

What is the highest Current Ratio for Quorum Information Technologies Inc. (QIS.V)?

What is the 3-year average Current Ratio for Quorum Information Technologies Inc. (QIS.V)?

What is the 5-year average Current Ratio for Quorum Information Technologies Inc. (QIS.V)?

How does the current Current Ratio for Quorum Information Technologies Inc. (QIS.V) compare to its historical average?