Stingray Group Inc (RAY-A) — Cash Flow Quality Index
Stingray Group Inc (RAY-A) has a Cash Flow Quality Index of 4.42x as of December 2025. Operating cash flow of CA$33.12 Million exceeds net income of CA$7.49 Million, indicating high earnings quality where cash backs reported profits. Explore debt repayment capacity of Stingray Group Inc to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Stingray Group Inc Cash Flow Quality Index (2013–2025)
Historical Cash Flow Quality Index for Stingray Group Inc across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see RAY-A cash generation efficiency.
Annual Cash Flow Quality Index for Stingray Group Inc (2013–2025)
Year-by-year earnings quality comparison for Stingray Group Inc.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.88x | CA$105.04 Million | CA$36.44 Million | ▼ -0.1% |
| 2023 | 2.89x | CA$86.95 Million | CA$30.12 Million | ▲ +14.9% |
| 2022 | 2.51x | CA$83.66 Million | CA$33.29 Million | ▲ +8.7% |
| 2021 | 2.31x | CA$104.25 Million | CA$45.10 Million | ▼ -63.4% |
| 2020 | 6.31x | CA$88.14 Million | CA$13.97 Million | ▼ -25.3% |
| 2018 | 8.44x | CA$19.39 Million | CA$2.30 Million | ▲ +297.4% |
| 2017 | 2.12x | CA$22.77 Million | CA$10.72 Million | ▲ +55.5% |
| 2016 | 1.37x | CA$18.97 Million | CA$13.88 Million | ▼ -8.9% |
| 2015 | 1.50x | CA$9.91 Million | CA$6.61 Million | ▲ +1.4% |
| 2014 | 1.48x | CA$12.85 Million | CA$8.69 Million | ▼ -47.7% |
| 2013 | 2.83x | CA$15.95 Million | CA$5.64 Million | — |