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 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Cognyte Software Ltd
NASDAQ:CGNT
|
0.095x |
|
ECN Capital Corp
TO:ECN
|
-0.057x |
|
Beijing VRV Software Corp Ltd
SHE:300352
|
0.015x |
|
Shenzhen Easttop Supply Chain Management Co Ltd
SHE:002889
|
-0.095x |
|
Sapphire Foods India Limited
NSE:SAPPHIRE
|
0.153x |
|
Jiangsu Yike Food Group Co.Ltd
SHE:301116
|
0.228x |
|
Wereldhav B-Sicafi
BR:WEHB
|
0.032x |
|
TSEC Corp
TW:6443
|
0.010x |
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 how much is Stingray Group Inc 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