Stingray Group Inc (RAY-A) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Stingray Group Inc (RAY-A) has a cash flow conversion efficiency ratio of 0.116x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$33.12 Million ≈ $23.96 Million USD) by net assets (CA$285.17 Million ≈ $206.29 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See RAY-A equity to assets ratio to measure how much of total assets are equity-financed.
Stingray Group Inc - Cash Flow Conversion Efficiency Trend (2014–2025)
This chart illustrates how Stingray Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check RAY-A cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Stingray Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Stingray Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Atlantic China Welding Consumables Inc
SHG:600558
|
0.010x |
|
ECN Capital Corp
TO:ECN
|
-0.057x |
|
Empresa Distribuidora y Comercializadora Norte S.A.
BA:EDN
|
0.024x |
|
Suzhou Wanxiang Technology Co. Ltd.
SHE:301180
|
-0.059x |
|
Ethos Technologies Inc. Class A Common Stock
NASDAQ:LIFE
|
0.071x |
|
Wereldhav B-Sicafi
BR:WEHB
|
0.032x |
|
Zhongyeda Electric Co Ltd
SHE:002441
|
-0.038x |
|
GeoPark Ltd
NYSE:GPRK
|
0.095x |
Annual Cash Flow Conversion Efficiency for Stingray Group Inc (2014–2025)
The table below shows the annual cash flow conversion efficiency of Stingray Group Inc from 2014 to 2025. For the full company profile with market capitalisation and key ratios, see RAY-A company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | CA$266.83 Million ≈ $193.02 Million |
CA$105.04 Million ≈ $75.98 Million |
0.394x | -17.44% |
| 2024-03-31 | CA$248.58 Million ≈ $179.82 Million |
CA$118.53 Million ≈ $85.74 Million |
0.477x | +56.98% |
| 2023-03-31 | CA$286.27 Million ≈ $207.08 Million |
CA$86.95 Million ≈ $62.90 Million |
0.304x | -0.70% |
| 2022-03-31 | CA$273.53 Million ≈ $197.87 Million |
CA$83.66 Million ≈ $60.52 Million |
0.306x | -19.40% |
| 2021-03-31 | CA$274.69 Million ≈ $198.71 Million |
CA$104.25 Million ≈ $75.41 Million |
0.380x | +17.92% |
| 2020-03-31 | CA$273.90 Million ≈ $198.13 Million |
CA$88.14 Million ≈ $63.76 Million |
0.322x | +166.26% |
| 2019-03-31 | CA$287.54 Million ≈ $208.00 Million |
CA$34.75 Million ≈ $25.14 Million |
0.121x | -19.19% |
| 2018-03-31 | CA$129.61 Million ≈ $93.76 Million |
CA$19.39 Million ≈ $14.02 Million |
0.150x | -37.62% |
| 2017-03-31 | CA$94.95 Million ≈ $68.68 Million |
CA$22.77 Million ≈ $16.47 Million |
0.240x | +14.27% |
| 2016-03-31 | CA$90.39 Million ≈ $65.39 Million |
CA$18.97 Million ≈ $13.72 Million |
0.210x | +137.79% |
| 2015-03-31 | CA$-17.84 Million ≈ $-12.91 Million |
CA$9.91 Million ≈ $7.17 Million |
-0.555x | +77.47% |
| 2014-03-31 | CA$-5.21 Million ≈ $-3.77 Million |
CA$12.85 Million ≈ $9.30 Million |
-2.465x | -- |
About Stingray Group Inc
Stingray Group Inc. operates as a music, media, and technology company in Canada, the United States, and internationally. It operates through Broadcasting and Commercial Music and Radio segments. The company offers music, digital, and advertising services to enterprise brands, including audio and video channels, radio stations, subscription video-on-demand content, free and ad-supported TV (FAST)… Read more