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STGYF (Stingray Group) Debt-to-Equity : 1.35 (As of Mar. 2025)


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What is Stingray Group Debt-to-Equity?

Stingray Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $2.7 Mil. Stingray Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $248.2 Mil. Stingray Group's Total Stockholders Equity for the quarter that ended in Mar. 2025 was $185.9 Mil. Stingray Group's debt to equity for the quarter that ended in Mar. 2025 was 1.35.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Stingray Group's Debt-to-Equity or its related term are showing as below:

STGYF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 1.34   Max: 1.56
Current: 1.35

During the past 11 years, the highest Debt-to-Equity Ratio of Stingray Group was 1.56. The lowest was 0.30. And the median was 1.34.

STGYF's Debt-to-Equity is ranked worse than
83.67% of 839 companies
in the Media - Diversified industry
Industry Median: 0.26 vs STGYF: 1.35

Stingray Group Debt-to-Equity Historical Data

The historical data trend for Stingray Group's Debt-to-Equity 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.

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Stingray Group Debt-to-Equity Chart

Stingray Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.51 1.44 1.56 1.35

Stingray Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.56 1.54 1.56 1.47 1.35

Competitive Comparison of Stingray Group's Debt-to-Equity

For the Broadcasting subindustry, Stingray Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Stingray Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Stingray Group's Debt-to-Equity falls into.


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Stingray Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Stingray Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Stingray Group's Debt to Equity Ratio for the quarter that ended in Mar. 2025 is calculated as

* 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.


Stingray Group  (OTCPK:STGYF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Stingray Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Stingray Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Stingray Group Business Description

Traded in Other Exchanges
Address
730 Wellington Street, Montreal, QC, CAN, H3C 1T4
Stingray Group Inc is a provider of multi-platform music services. It broadcasts music and video content on several platforms including radio stations, premium television channels, digital TV, satellite TV, IPTV, the Internet, mobile devices, and game consoles. The company's reportable segments are; Broadcasting and commercial music, Radio, and Corporate and eliminations. The maximum revenue is generated from its Broadcasting and commercial music segment which specializes in the broadcast of music and videos on multiple platforms and digital signage experiences and generates revenues from subscriptions or contracts. Geographically, the company derives its key revenue from Canada and the rest from the United States and other countries.