RE:RE:We need some action soonZero long-term debt? Not quite. The $29 million in bank debt appears in the Q4 balance sheet in current liabilities for reasons they explain in the press release or MD&A. But it's a manageable number.
Great time to buy? Maybe, though you should keep in mind a few things.
First, the market itself is pretty shaky right now. It felt to me today like investor fear in the trading of a lot of stocks, including value names--which I would include Quarterhill among them. On that alone could Quarterhill go short-term lower? Even if it is really cheap? Possibly.
Second, Q1 is not going to be pretty. I'd think Wilan revenues will be not much, it's the seasonally weakest quarter for IRD, and ETC is surely still wrestling with its issues.
But if you can be okay to look out a few years at a time when investors everywhere are freaking out then, yes, I'd say Quarterhill is an interesting place to be.