Stingray Financial Statements From 2010 to 2024
| STGYF Stock | USD 5.69 0.14 2.40% |
Check Stingray financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stingray's main balance sheet or income statement drivers, such as , as well as many indicators such as . Stingray financial statements analysis is a perfect complement when working with Stingray Valuation or Volatility modules.
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Stingray Group Company Return On Equity Analysis
Stingray's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Stingray Return On Equity | 0.11 |
Most of Stingray's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Stingray Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Stingray Group has a Return On Equity of 0.1053. This is 98.99% lower than that of the sector and significantly higher than that of the Return On Equity industry. The return on equity for all United States stocks is 133.97% lower than that of the firm.
Stingray Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Stingray's current stock value. Our valuation model uses many indicators to compare Stingray value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Stingray competition to find correlations between indicators driving Stingray's intrinsic value. More Info.Stingray Group is currently regarded as top stock in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about 0.48 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Stingray Group is roughly 2.08 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Stingray's earnings, one of the primary drivers of an investment's value.About Stingray Financial Statements
Stingray stakeholders use historical fundamental indicators, such as Stingray's revenue or net income, to determine how well the company is positioned to perform in the future. Although Stingray investors may analyze each financial statement separately, they are all interrelated. For example, changes in Stingray's assets and liabilities are reflected in the revenues and expenses on Stingray's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Stingray Group. Please read more on our technical analysis and fundamental analysis pages.
Stingray Group Inc. operates as a music, media, and technology company worldwide. Stingray Group Inc. was founded in 2007 and is headquartered in Montreal, Canada. Stingray operates under Broadcasting classification in the United States and is traded on OTC Exchange. It employs 1000 people.
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Other Information on Investing in Stingray Pink Sheet
Stingray financial ratios help investors to determine whether Stingray Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Stingray with respect to the benefits of owning Stingray security.