Stingray Group Inc.

Stingray Group Inc.verified

RAY-A.TO

Price:

$7.12

Market Cap:

$486.84M

Stingray Group Inc. operates as a music, media, and technology company worldwide. The company offers Stingray Music, a multiplatform music service that gives listeners free access to curated music channels on television (TV), web, and mobile; Stingray Naturescape, a channel in 4K resolution; Stingray Now 4K, a curated 4K TV channel; and Stingray Festival 4K, a television channel that broadcasts exclusively in native 4K and Dolby Digital audio. It also provides Stingray Qello, an over-the-top streaming service on TV, mobile, and the web; Stingray Classica, a TV channel dedicated to classical music, including operas, ballets, concerts, and documentaries; Stingray iConcerts, a source for variou...[Read more]

Industry

Broadcasting

IPO Date

2015-06-03

Stock Exchange

TSX

Ticker

RAY-A.TO

The Current Ratio as of September 2024 (TTM) for Stingray Group Inc. (RAY-A.TO) is 1.05

According to Stingray Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.05. This represents a change of 0.00% compared to the average of 1.05 of the last 4 quarters.

Stingray Group Inc. (RAY-A.TO) Historical Current Ratio (quarterly & annually)

How has RAY-A.TO Current Ratio performed in the past?

The mean historical Current Ratio of Stingray Group Inc. over the last ten years is 0.82. The current 1.05 Current Ratio has changed 12.73% with respect to the historical average. Over the past ten years (40 quarters), RAY-A.TO's Current Ratio was at its highest in in the December 2016 quarter at 1.20. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

0.82

Median

0.86

Minimum

0.35

Maximum

0.97

Stingray Group Inc. (RAY-A.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Stingray Group 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 = 162.80%

Maximum Annual Current Ratio = 0.97

Minimum Annual Increase = -17.01%

Minimum Annual Current Ratio = 0.35

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.915.48%
20230.86-1.28%
20220.8715.57%
20210.75-12.09%
20200.862.37%
20190.84-4.23%
20180.87-10.14%
20170.974.31%
20160.93162.80%
20150.35-17.01%

Stingray Group Inc. (RAY-A.TO) Average Current Ratio

How has RAY-A.TO Current Ratio performed in the past?

The current Current Ratio of Stingray Group Inc. (RAY-A.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.88

5-year avg

0.85

10-year avg

0.82

Stingray Group Inc. (RAY-A.TO) Current Ratio vs. Peers

How is RAY-A.TO’s Current Ratio compared to its peers?

Stingray Group Inc.’s Current Ratio is less than Tecsys Inc. (1.38), less than Fiera Capital Corporation (1.39), less than Quarterhill Inc. (1.37), less than Savaria Corporation (1.94), less than Andlauer Healthcare Group Inc. (1.35),

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