Stingray Group (Stingray Group) Scaled Net Operating Assets

: 0.82 (As of Dec. 2023)

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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Stingray Group's operating assets for the quarter that ended in Dec. 2023 was $651.0 Mil. Stingray Group's operating liabilities for the quarter that ended in Dec. 2023 was $122.4 Mil. Stingray Group's Total Assets for the quarter that ended in Sep. 2023 was $647.7 Mil. Therefore, Stingray Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.82.

Stingray Group Scaled Net Operating Assets Historical Data

The historical data trend for Stingray Group's Scaled Net Operating Assets 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => 2.56 [5] => 0.76 [6] => 0.81 [7] => 0.81 [8] => 0.72 )

Stingray Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Scaled Net Operating Assets

2.56

0.76

0.81

0.72

Stingray Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets																0.81	0.76	0.82	0.79	0.82

Competitive Comparison

For the Broadcasting subindustry, Stingray Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Stingray Group Scaled Net Operating Assets Distribution

For the Media - Diversified industry and Communication Services sector, Stingray Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Stingray Group's Scaled Net Operating Assets falls into.

Stingray Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Stingray Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2023 )
=	(Operating Assets (A: Mar. 2023 )	-	Operating Liabilities (A: Mar. 2023 ))	/	Total Assets (A: Mar. 2022 )
=	(642.95	-	143.748)	/	698.322
=	0.71

where

	Operating Assets		(A: Mar. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	654.244	-	11.294
=	642.95

	Operating Liabilities		(A: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	445.029	-	292.747	-	8.534
=	143.748

Stingray Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(650.993	-	122.429)	/	647.69
=	0.82

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	656.204	-	5.211
=	650.993

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	428.766	-	297.662	-	8.675
=	122.429

Stingray Group Scaled Net Operating Assets Related Terms

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Stingray Group (Stingray Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stingray Group Inc (OTCPK:STGYF) » Definitions » Scaled Net Operating Assets

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

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