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Stingray Group Equity-to-Asset

: 0.34 (As of Sep. 2021)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Stingray Group's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $220.5 Mil. Stingray Group's Total Assets for the quarter that ended in Sep. 2021 was $658.7 Mil. Therefore, Stingray Group's Equity to Asset Ratio for the quarter that ended in Sep. 2021 was 0.34.

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

OTCPK:STGYF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.14   Med: 0.34   Max: 0.62
Current: 0.34

-0.14
0.62

During the past 7 years, the highest Equity to Asset Ratio of Stingray Group was 0.62. The lowest was -0.14. And the median was 0.34.

OTCPK:STGYF's Equity-to-Asset is ranked lower than
71% of the 991 Companies
in the Media - Diversified industry.

( Industry Median: 0.51 vs. OTCPK:STGYF: 0.34 )

Stingray Group Equity-to-Asset Historical Data

The historical data trend for Stingray Group's Equity-to-Asset 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
Equity-to-Asset
Premium Member Only Premium Member Only 0.49 0.53 0.34 0.31 0.33

Stingray Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.33 0.34 0.33 0.33 0.34

Competitive Comparison

For the Broadcasting subindustry, Stingray Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution

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

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



Stingray Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Stingray Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2021 is calculated as

Equity to Asset (A: Mar. 2021 )=Total Stockholders Equity/Total Assets
=218.54721934919/654.65589943512
=0.33

Stingray Group's Equity to Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Equity to Asset (Q: Sep. 2021 )=Total Stockholders Equity/Total Assets
=220.46878699392/658.73964170152
=0.33

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Stingray Group Equity-to-Asset Related Terms

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


Stingray Group Business Description

Stingray Group logo
Industry
Comparable Companies
Traded in Other Exchanges
Address
730 Wellington Street, Montreal, QC, CAN, H3C 1T4
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 Broadcasting and commercial music segment; Radio segment and Corporate and eliminations. The company generates maximum revenue from Broadcasting and commercial music segment.

Stingray Group Headlines

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