Stingray Group Inc Working Capital to Net Assets Ratio
Stingray Group Inc working capital to net assets ratio. Stingray Group Inc (RAY-B) has a Working Capital to Net Assets ratio of -27.1% as of December 2025. Working capital of CA$-77.23 Million (current assets of CA$191.48 Million minus current liabilities of CA$268.71 Million) is measured against net assets of CA$285.17 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Stingray Group Inc (2014–2025)
Working capital to net assets ratio of Stingray Group Inc from 2014 to 2025. This chart shows how Stingray Group Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at -27.1%, reflecting working capital of CA$-77.23 Million against net assets of CA$285.17 Million CAD. Explore RAY-B long-term investment intensity to see how much of total assets are deployed in long-term investments.
Stingray Group Inc Working Capital to Net Assets Ratio by Year (2014–2025)
Stingray Group Inc working capital to net assets ratio by year from 2014 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Stingray Group Inc from 2014 to 2025, covering 12 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Stingray Group Inc balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 0.1% | CA$237.00K | CA$266.83 Million | CA$113.42 Million | CA$113.19 Million | ▲ +4.5 pp |
| 2024 | -4.4% | CA$-10.93 Million | CA$248.58 Million | CA$104.09 Million | CA$115.02 Million | ▲ +2.3 pp |
| 2023 | -6.7% | CA$-19.20 Million | CA$286.27 Million | CA$115.98 Million | CA$135.18 Million | ▼ -1.2 pp |
| 2022 | -5.5% | CA$-15.04 Million | CA$273.53 Million | CA$99.91 Million | CA$114.96 Million | ▲ +5.4 pp |
| 2021 | -10.9% | CA$-29.88 Million | CA$274.69 Million | CA$90.61 Million | CA$120.49 Million | ▼ -5.3 pp |
| 2020 | -5.5% | CA$-15.16 Million | CA$273.90 Million | CA$89.72 Million | CA$104.89 Million | ▲ +0.4 pp |
| 2019 | -5.9% | CA$-16.95 Million | CA$287.54 Million | CA$86.16 Million | CA$103.11 Million | ▼ -0.4 pp |
| 2018 | -5.5% | CA$-7.07 Million | CA$129.61 Million | CA$48.37 Million | CA$55.44 Million | ▼ -4.2 pp |
| 2017 | -1.2% | CA$-1.18 Million | CA$94.95 Million | CA$39.38 Million | CA$40.56 Million | ▲ +1.7 pp |
| 2016 | -2.9% | CA$-2.65 Million | CA$90.39 Million | CA$35.59 Million | CA$38.24 Million | ▼ -234.7 pp |
| 2015 | 231.8% | CA$-41.36 Million | CA$-17.84 Million | CA$22.68 Million | CA$64.05 Million | ▼ -171.2 pp |
| 2014 | 403.0% | CA$-21.02 Million | CA$-5.21 Million | CA$15.65 Million | CA$36.67 Million | — |