Stingray Group Inc (RAY-A) - Total Assets
Based on the latest financial reports, Stingray Group Inc (RAY-A) holds total assets worth CA$1.15 Billion CAD (≈ $833.08 Million USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Stingray Group Inc (RAY-A) net assets for net asset value and shareholders' equity analysis.
Stingray Group Inc - Total Assets Trend (2014–2025)
This chart illustrates how Stingray Group Inc's total assets have evolved over time, based on quarterly financial data.
Stingray Group Inc - Asset Composition Analysis
Current Asset Composition (March 2025)
Stingray Group Inc's total assets of CA$1.15 Billion consist of 13.9% current assets and 86.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 1.7% |
| Accounts Receivable | CA$83.35 Million | 10.2% |
| Inventory | CA$2.50 Million | 0.3% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$326.84 Million | 40.0% |
| Goodwill | CA$309.69 Million | 37.9% |
Asset Composition Trend (2014–2025)
This chart illustrates how Stingray Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see RAY-A market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Stingray Group Inc's current assets represent 13.9% of total assets in 2025, a decrease from 16.0% in 2014.
- Cash Position: Cash and equivalents constituted 1.7% of total assets in 2025, up from 0.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 77.0% of total assets, an increase from 72.0% in 2014.
- Asset Diversification: The largest asset category is intangible assets at 40.0% of total assets.
Stingray Group Inc Competitors by Total Assets
Key competitors of Stingray Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ihlas Haber Ajansi AS
IS:IHAAS
|
Turkey | TL479.36 Million |
|
Sports Entertainment Group Ltd
AU:SEG
|
Australia | AU$147.37 Million |
|
Arn Media Ltd
AU:A1N
|
Australia | AU$835.29 Million |
|
Stingray Group Inc
TO:RAY-B
|
Canada | CA$1.15 Billion |
|
Asian Television Network International Ltd
V:SAT
|
Canada | CA$3.07 Million |
|
Jiangsu Broadcasting Cable inf
SHG:600959
|
China | CN¥36.72 Billion |
|
Beijing Gehua CATV Network Co Ltd
SHG:600037
|
China | CN¥15.75 Billion |
|
Guizhou Broadcasting&TV Info
SHG:600996
|
China | CN¥15.18 Billion |
Stingray Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.71 | 1.26 | 0.75 |
| Quick Ratio | 0.69 | 1.23 | 0.73 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-77.23 Million | CA$27.42 Million | CA$-29.88 Million |
Stingray Group Inc - Advanced Valuation Insights
This section examines the relationship between Stingray Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.70 |
| Latest Market Cap to Assets Ratio | 0.77 |
| Asset Growth Rate (YoY) | 0.6% |
| Total Assets | CA$816.66 Million |
| Market Capitalization | $631.50 Million USD |
Valuation Analysis
Below Book Valuation: The market values Stingray Group Inc's assets below their book value (0.77x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Stingray Group Inc's assets grew by 0.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Stingray Group Inc (2014–2025)
The table below shows the annual total assets of Stingray Group Inc from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | CA$816.66 Million ≈ $590.76 Million |
+0.63% |
| 2024-03-31 | CA$811.57 Million ≈ $587.07 Million |
-9.34% |
| 2023-03-31 | CA$895.20 Million ≈ $647.58 Million |
+1.30% |
| 2022-03-31 | CA$883.70 Million ≈ $639.26 Million |
+7.40% |
| 2021-03-31 | CA$822.84 Million ≈ $595.23 Million |
-5.20% |
| 2020-03-31 | CA$867.99 Million ≈ $627.89 Million |
+3.94% |
| 2019-03-31 | CA$835.06 Million ≈ $604.07 Million |
+242.65% |
| 2018-03-31 | CA$243.71 Million ≈ $176.29 Million |
+25.43% |
| 2017-03-31 | CA$194.29 Million ≈ $140.55 Million |
+10.32% |
| 2016-03-31 | CA$176.11 Million ≈ $127.39 Million |
+40.70% |
| 2015-03-31 | CA$125.17 Million ≈ $90.55 Million |
+27.61% |
| 2014-03-31 | CA$98.08 Million ≈ $70.95 Million |
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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