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Stingray Group (Stingray Group) Gross-Profit-to-Asset %

: 45.86% (As of Dec. 2023)
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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Stingray Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was $299.0 Mil. Stingray Group's average Total Assets over the quarter that ended in Dec. 2023 was $651.9 Mil. Therefore, Stingray Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 45.86%.


Stingray Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Stingray Group's Gross-Profit-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 Mar22 Mar23
Gross-Profit-to-Asset %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.14 35.21 30.85 33.00 35.01

Stingray Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-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 39.73 35.09 36.06 37.16 45.86

Competitive Comparison

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

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

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



Stingray Group Gross-Profit-to-Asset % Calculation

Stingray Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=236.749/( (698.322+654.244)/ 2 )
=236.749/676.283
=35.01 %

Stingray Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=298.98/( (647.69+656.204)/ 2 )
=298.98/651.947
=45.86 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Stingray Group Gross-Profit-to-Asset % Related Terms

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Stingray Group (Stingray Group) Business Description

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 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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