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
Stingray Group Inc (STGYF) - Net Assets
Latest net assets as of December 2025: $285.17 Million USD
Based on the latest financial reports, Stingray Group Inc (STGYF) has net assets worth $285.17 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.15 Billion) and total liabilities ($866.47 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $285.17 Million |
| % of Total Assets | 24.76% |
| Annual Growth Rate | N/A |
| 5-Year Change | -2.86% |
| 10-Year Change | 195.19% |
| Growth Volatility | 39.05 |
Stingray Group Inc - Net Assets Trend (2014–2025)
This chart illustrates how Stingray Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Stingray Group Inc (2014–2025)
The table below shows the annual net assets of Stingray Group Inc from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $266.83 Million | +7.34% |
| 2024-03-31 | $248.58 Million | -13.16% |
| 2023-03-31 | $286.27 Million | +4.66% |
| 2022-03-31 | $273.53 Million | -0.42% |
| 2021-03-31 | $274.69 Million | +0.29% |
| 2020-03-31 | $273.90 Million | -4.74% |
| 2019-03-31 | $287.54 Million | +121.85% |
| 2018-03-31 | $129.61 Million | +36.50% |
| 2017-03-31 | $94.95 Million | +5.04% |
| 2016-03-31 | $90.39 Million | +606.64% |
| 2015-03-31 | $-17.84 Million | -242.13% |
| 2014-03-31 | $-5.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stingray Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3403300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $292.27 Million | 109.53% |
| Other Comprehensive Income | $11.64 Million | 4.36% |
| Other Components | $5.67 Million | 2.13% |
| Total Equity | $266.83 Million | 100.00% |
Stingray Group Inc Competitors by Market Cap
The table below lists competitors of Stingray Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Song Da Urban & Industrial Zone Investment and Development JSC
VN:SJS
|
$218.67 Million |
|
Xperi Corp
NYSE:XPER
|
$218.69 Million |
|
Minfeng Special Paper Co Ltd
SHG:600235
|
$218.70 Million |
|
Neuromeka Co.Ltd.
KQ:348340
|
$218.74 Million |
|
ChinaEtek Service & Technology Co. Ltd.
SHE:301208
|
$218.64 Million |
|
Hunan Mendale Hometextile Co Ltd
SHE:002397
|
$218.59 Million |
|
SECO S.P.A.
F:7GV
|
$218.41 Million |
|
Aces Electronics Co Ltd
TW:3605
|
$218.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stingray Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 248,583,000 to 266,834,000, a change of 18,251,000 (7.3%).
- Net income of 36,440,000 contributed positively to equity growth.
- Dividend payments of 20,488,000 reduced retained earnings.
- Share repurchases of 9,146,000 reduced equity.
- Other comprehensive income increased equity by 8,311,000.
- Other factors increased equity by 3,134,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $36.44 Million | +13.66% |
| Dividends Paid | $20.49 Million | -7.68% |
| Share Repurchases | $9.15 Million | -3.43% |
| Other Comprehensive Income | $8.31 Million | +3.11% |
| Other Changes | $3.13 Million | +1.17% |
| Total Change | $- | 7.34% |
Book Value vs Market Value Analysis
This analysis compares Stingray Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.63x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | $-0.15 | $6.34 | x |
| 2015-03-31 | $-0.38 | $6.34 | x |
| 2016-03-31 | $1.87 | $6.34 | x |
| 2017-03-31 | $1.84 | $6.34 | x |
| 2018-03-31 | $2.40 | $6.34 | x |
| 2019-03-31 | $4.44 | $6.34 | x |
| 2020-03-31 | $3.61 | $6.34 | x |
| 2021-03-31 | $3.74 | $6.34 | x |
| 2022-03-31 | $3.83 | $6.34 | x |
| 2023-03-31 | $4.10 | $6.34 | x |
| 2024-03-31 | $3.60 | $6.34 | x |
| 2025-03-31 | $3.88 | $6.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stingray Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.66%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.42%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 3.06x
- Recent ROE (13.66%) is above the historical average (6.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 14.48% | 0.61x | 0.00x | $9.21 Million |
| 2015 | 0.00% | 9.31% | 0.57x | 0.00x | $8.39 Million |
| 2016 | 15.36% | 15.43% | 0.51x | 1.96x | $4.84 Million |
| 2017 | 11.29% | 10.56% | 0.52x | 2.06x | $1.22 Million |
| 2018 | 1.77% | 1.81% | 0.52x | 1.88x | $-10.66 Million |
| 2019 | -4.17% | -5.64% | 0.25x | 2.90x | $-40.74 Million |
| 2020 | 5.10% | 4.55% | 0.35x | 3.18x | $-13.42 Million |
| 2021 | 16.42% | 18.20% | 0.30x | 3.00x | $17.63 Million |
| 2022 | 12.17% | 11.78% | 0.32x | 3.23x | $5.93 Million |
| 2023 | 10.52% | 9.30% | 0.36x | 3.13x | $1.49 Million |
| 2024 | -5.53% | -3.98% | 0.43x | 3.26x | $-38.60 Million |
| 2025 | 13.66% | 9.42% | 0.47x | 3.06x | $9.76 Million |
Industry Comparison
This section compares Stingray Group Inc's net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $461,004,694
- Average return on equity (ROE) among peers: -112.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stingray Group Inc (STGYF) | $285.17 Million | 0.00% | 3.04x | $218.66 Million |
| Aferian Plc (AOECF) | $78.88 Million | -22.09% | 0.59x | $3.61 Million |
| TV Azteca S.A.B. de C.V (AZTEF) | $3.48 Billion | -18.61% | 7.05x | $89.58K |
| Beasley Broadcast Group Inc (BBGI) | $47.53 Million | -64.28% | 4.57x | $2.28 Million |
| Cumulus Media Inc Class A (CMLS) | $512.74 Million | 38.24% | 6.55x | $1.82 Million |
| Curiositystream Inc. (CURI) | $72.65 Million | -67.31% | 0.39x | $138.54 Million |
| Emmis Communications Corp (EMMS) | $-6.51 Million | 0.00% | 0.00x | $26.80 Million |
| Freedom Holdings Inc (FHLD) | $268.93K | -415.05% | 9.21x | $894.13K |
| Fubotv Inc (FUBO) | $283.82 Million | -101.28% | 3.34x | $409.09 Million |
| Granite Broadcasting Corporation (GRRP) | $26.99 Million | -302.20% | 16.49x | $1.99K |
| Gray Television Inc (GTN-A) | $117.11 Million | -172.51% | 9.92x | $894.19 Million |