Stingray Group Inc (RAY-A) - Total Liabilities

Latest as of December 2025: CA$866.47 Million CAD ≈ $626.79 Million USD

Based on the latest financial reports, Stingray Group Inc (RAY-A) has total liabilities worth CA$866.47 Million CAD (≈ $626.79 Million USD) as of December 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore Stingray Group Inc cash flow conversion to assess how effectively this company generates cash.

Stingray Group Inc - Total Liabilities Trend (2014–2025)

This chart illustrates how Stingray Group Inc's total liabilities have evolved over time, based on quarterly financial data. See RAY-A book value for net asset value and shareholders' equity analysis.

Stingray Group Inc Competitors by Total Liabilities

The table below lists competitors of Stingray Group Inc ranked by their total liabilities.

Company	Country	Total Liabilities
Kim Loong Resources Bhd KLSE:5027	Malaysia	RM414.07 Million
Shenzhen Rayitek Hi-Tech Film Co. Ltd. A SHG:688323	China	CN¥1.79 Billion
ECN Capital Corp TO:ECN	Canada	CA$757.90 Million
Western Copper and Gold Corp TO:WRN	Canada	CA$5.48 Million
Beijing Mainstreets Investment SHE:000609	China	CN¥1.93 Billion
Hainan RuiZe New Building Material Co Ltd SHE:002596	China	CN¥2.58 Billion
Beijing Comens New Materials SHE:300200	China	CN¥767.80 Million
Guangdong Sanhe Pile Co Ltd SHE:003037	China	CN¥4.11 Billion

Liability Composition Analysis (2014–2025)

This chart breaks down Stingray Group Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Stingray Group Inc market cap and net worth.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	0.71	Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio	N/A	More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio	N/A	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	3.04	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.75	Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Stingray Group Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Stingray Group Inc (2014–2025)

The table below shows the annual total liabilities of Stingray Group Inc from 2014 to 2025.

Year	Total Liabilities	Change
2025-03-31	CA$549.82 Million ≈ $397.73 Million	-2.34%
2024-03-31	CA$562.98 Million ≈ $407.25 Million	-7.55%
2023-03-31	CA$608.93 Million ≈ $440.49 Million	-0.20%
2022-03-31	CA$610.17 Million ≈ $441.39 Million	+11.32%
2021-03-31	CA$548.14 Million ≈ $396.52 Million	-7.73%
2020-03-31	CA$594.10 Million ≈ $429.76 Million	+8.51%
2019-03-31	CA$547.53 Million ≈ $396.07 Million	+379.87%
2018-03-31	CA$114.10 Million ≈ $82.54 Million	+14.85%
2017-03-31	CA$99.34 Million ≈ $71.86 Million	+15.90%
2016-03-31	CA$85.72 Million ≈ $62.00 Million	-40.06%
2015-03-31	CA$143.01 Million ≈ $103.45 Million	+38.44%
2014-03-31	CA$103.30 Million ≈ $74.73 Million	--

About Stingray Group Inc

TO:RAY-A Canada Broadcasting

Market Cap

$631.50 Million

CA$872.97 Million CAD

Market Cap Rank

#11346 Global

#320 in Canada

Share Price

CA$16.20

Change (1 day)

+2.34%

52-Week Range

CA$7.92 - CA$17.57

All Time High

CA$17.57