Stingray Group (Stingray Group) Retained Earnings

: $0.6 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Stingray Group's retained earnings for the quarter that ended in Dec. 2023 was $0.6 Mil.

Stingray Group's quarterly retained earnings increased from Jun. 2023 ($-5.7 Mil) to Sep. 2023 ($-2.5 Mil) and increased from Sep. 2023 ($-2.5 Mil) to Dec. 2023 ($0.6 Mil).

Stingray Group's annual retained earnings increased from Mar. 2021 ($-32.0 Mil) to Mar. 2022 ($-24.6 Mil) and increased from Mar. 2022 ($-24.6 Mil) to Mar. 2023 ($-15.9 Mil).

Stingray Group Retained Earnings Historical Data

The historical data trend for Stingray Group's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stingray Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

Get a 7-Day Free Trial

-39.88

-40.41

-31.96

-24.57

-15.88

Stingray Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-11.64	-15.88	-5.73	-2.47	0.60

Stingray Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Stingray Group (OTCPK:STGYF) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Stingray Group (Stingray Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stingray Group Inc (OTCPK:STGYF) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

317A:Germany RAY.B:Canada RAY.A:Canada

Address

730 Wellington Street, Montreal, QC, CAN, H3C 1T4

Website

https://www.stingray.com

Stingray Group Inc is a music, media, and technology company. The company is a provider of curated direct-to-consumer and B2B services, including audio television channels, radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps. It operates through the following segments namely the Broadcasting and commercial music segment and Radio segment. The company generates maximum revenue from the Broadcasting and commercial music segment.

Stingray Group (Stingray Group) Headlines

From GuruFocus

Q1 2024 Stingray Group Inc Earnings Call Transcript

By GuruFocus Research • 02-15-2024

Q4 2023 Stingray Group Inc Earnings Call Transcript

By GuruFocus Research • 02-15-2024

Stingray Group Inc Annual Shareholders Meeting Transcript

By GuruFocus Research • 02-15-2024

Q2 2024 Stingray Group Inc Earnings Call Transcript

By GuruFocus Research • 02-15-2024