QRS Music Technologies, Inc.

As of March 31, 2007, QRS Music Technologies, Inc. has 9.78M shares outstanding.

As of March 31, 2007, QRS Music Technologies, Inc. trades at a trailing price-to-earnings ratio of 226.22. The price-to-sales ratio is 0.63, and the price-to-book ratio stands at 2.39.

As of March 31, 2007, QRS Music Technologies, Inc. trades at an EV/EBITDA multiple of 52.39 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.68 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 716.81 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. QRS Music Technologies, Inc. trades at an EV/FCF ratio of 16.88, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

As of March 31, 2007, QRS Music Technologies, Inc. maintains a current ratio of 4.81, meaning it holds 4.8x the short-term assets needed to cover near-term liabilities.

Over the twelve months ended March 31, 2007, QRS Music Technologies, Inc. posted a negative return on equity (ROE) of -13.82, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -3.81, reflecting losses generated across the asset base. Inventory turnover of 1.45 indicates how many times QRS Music Technologies, Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

These figures cover the twelve months ended March 31, 2007. That works out to an effective tax rate of 37.89, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

Over the twelve months ended March 31, 2007, QRS Music Technologies, Inc. posted a gross margin of 27.39, reflecting its pricing power and cost economics. The operating margin of -3.81 and net profit margin of -3.04 provide insight into operational efficiency.

These figures cover the twelve months ended March 31, 2007. The dividend payout ratio of 21.07 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 6.37, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -0.80, meaning QRS Music Technologies, Inc. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

As of March 31, 2007, QRS Music Technologies, Inc. has an Altman Z-Score of 4.76, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.