Stingray Historical Balance Sheet

RAY-A Stock

CAD 8.08 0.03 0.37%

Trend analysis of Stingray Group balance sheet accounts such as Total Current Liabilities of 92.9 M, Total Stockholder Equity of 193.6 M, Property Plant And Equipment Net of 40.9 M or Net Debt of 256 M provides information on Stingray's total assets, liabilities, and equity, which is the actual value of Stingray Group to its prevalent stockholders. By breaking down trends over time using Stingray balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Stingray Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Stingray Group is a good buy for the upcoming year.

Stingray Inventory

2.96 Million

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Stingray Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Stingray Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Stingray Group at a specified time, usually calculated after every quarter, six months, or one year. Stingray Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Stingray and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Stingray currently owns. An asset can also be divided into two categories, current and non-current.

Stingray Balance Sheet Chart

At this time, Stingray's Short and Long Term Debt is comparatively stable compared to the past year.

Common Stock Shares Outstanding Total Assets Short Long Term Debt Total Other Current Liab

Add Fundamental

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Stingray assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Stingray Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most accounts from Stingray's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Stingray Group current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Stingray Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, Stingray's Short and Long Term Debt is comparatively stable compared to the past year.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	412.0M	412.2M	386.7M	263.0M
Total Assets	883.7M	895.2M	811.6M	595.4M

Short Long Term Debt Total Total Assets

Stingray balance sheet Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue	Cash	Cash And Short Term Investments
Common Stock Shares Outstanding		0.94	0.88	0.91	0.92	0.96	0.93	0.87	-0.81	0.94	0.93	0.31	0.96	0.94	0.9	0.89	0.9	-0.43	0.9	0.95	0.04	0.91	0.96	0.64	0.72	0.72
Total Assets	0.94		0.98	0.95	0.97	0.97	0.98	0.98	-0.81	0.94	1.0	0.48	0.98	1.0	0.99	0.92	0.93	-0.59	0.99	0.98	0.08	1.0	0.97	0.66	0.76	0.76
Short Long Term Debt Total	0.88	0.98		0.9	0.97	0.9	0.97	1.0	-0.79	0.88	0.98	0.55	0.94	0.97	1.0	0.9	0.9	-0.59	1.0	0.93	0.22	0.99	0.91	0.66	0.73	0.73
Other Current Liab	0.91	0.95	0.9		0.95	0.95	0.9	0.9	-0.72	0.9	0.94	0.51	0.97	0.95	0.92	0.96	0.94	-0.66	0.93	0.98	-0.09	0.93	0.94	0.7	0.83	0.83
Total Current Liabilities	0.92	0.97	0.97	0.95		0.92	0.95	0.96	-0.76	0.87	0.97	0.51	0.95	0.97	0.96	0.94	0.93	-0.57	0.97	0.96	0.22	0.96	0.92	0.72	0.8	0.8
Total Stockholder Equity	0.96	0.97	0.9	0.95	0.92		0.94	0.9	-0.79	0.96	0.97	0.39	0.99	0.97	0.93	0.9	0.91	-0.57	0.93	0.97	-0.09	0.95	1.0	0.63	0.75	0.75
Property Plant And Equipment Net	0.93	0.98	0.97	0.9	0.95	0.94		0.97	-0.8	0.94	0.99	0.45	0.96	0.98	0.98	0.9	0.91	-0.49	0.98	0.95	0.17	0.98	0.95	0.63	0.71	0.71
Net Debt	0.87	0.98	1.0	0.9	0.96	0.9	0.97		-0.79	0.88	0.98	0.54	0.94	0.97	1.0	0.9	0.89	-0.58	1.0	0.93	0.23	0.99	0.9	0.65	0.72	0.72
Retained Earnings	-0.81	-0.81	-0.79	-0.72	-0.76	-0.79	-0.8	-0.79		-0.71	-0.81	-0.1	-0.83	-0.79	-0.8	-0.63	-0.71	0.2	-0.8	-0.76	-0.16	-0.81	-0.83	-0.61	-0.36	-0.36
Accounts Payable	0.94	0.94	0.88	0.9	0.87	0.96	0.94	0.88	-0.71		0.94	0.44	0.94	0.95	0.91	0.89	0.88	-0.55	0.91	0.93	-0.09	0.92	0.95	0.57	0.75	0.75
Non Current Assets Total	0.93	1.0	0.98	0.94	0.97	0.97	0.99	0.98	-0.81	0.94		0.48	0.98	1.0	0.99	0.92	0.92	-0.59	0.99	0.97	0.09	1.0	0.97	0.65	0.75	0.75
Non Currrent Assets Other	0.31	0.48	0.55	0.51	0.51	0.39	0.45	0.54	-0.1	0.44	0.48		0.42	0.48	0.53	0.68	0.55	-0.61	0.53	0.51	-0.14	0.52	0.35	0.57	0.77	0.77
Net Receivables	0.96	0.98	0.94	0.97	0.95	0.99	0.96	0.94	-0.83	0.94	0.98	0.42		0.98	0.96	0.93	0.94	-0.55	0.96	0.99	-0.01	0.97	0.99	0.68	0.75	0.75
Good Will	0.94	1.0	0.97	0.95	0.97	0.97	0.98	0.97	-0.79	0.95	1.0	0.48	0.98		0.99	0.92	0.92	-0.6	0.99	0.98	0.08	0.99	0.97	0.65	0.76	0.76
Non Current Liabilities Total	0.9	0.99	1.0	0.92	0.96	0.93	0.98	1.0	-0.8	0.91	0.99	0.53	0.96	0.99		0.91	0.9	-0.59	1.0	0.95	0.15	1.0	0.94	0.65	0.73	0.73
Inventory	0.89	0.92	0.9	0.96	0.94	0.9	0.9	0.9	-0.63	0.89	0.92	0.68	0.93	0.92	0.91		0.95	-0.63	0.92	0.97	-0.05	0.91	0.88	0.76	0.91	0.91
Other Current Assets	0.9	0.93	0.9	0.94	0.93	0.91	0.91	0.89	-0.71	0.88	0.92	0.55	0.94	0.92	0.9	0.95		-0.45	0.91	0.97	-0.05	0.91	0.9	0.8	0.83	0.83
Other Stockholder Equity	-0.43	-0.59	-0.59	-0.66	-0.57	-0.57	-0.49	-0.58	0.2	-0.55	-0.59	-0.61	-0.55	-0.6	-0.59	-0.63	-0.45		-0.59	-0.58	0.12	-0.6	-0.54	-0.21	-0.64	-0.64
Total Liab	0.9	0.99	1.0	0.93	0.97	0.93	0.98	1.0	-0.8	0.91	0.99	0.53	0.96	0.99	1.0	0.92	0.91	-0.59		0.96	0.16	1.0	0.94	0.66	0.74	0.74
Total Current Assets	0.95	0.98	0.93	0.98	0.96	0.97	0.95	0.93	-0.76	0.93	0.97	0.51	0.99	0.98	0.95	0.97	0.97	-0.58	0.96		-0.04	0.96	0.97	0.74	0.83	0.83
Short Term Debt	0.04	0.08	0.22	-0.09	0.22	-0.09	0.17	0.23	-0.16	-0.09	0.09	-0.14	-0.01	0.08	0.15	-0.05	-0.05	0.12	0.16	-0.04		0.12	-0.05	-0.06	-0.15	-0.15
Intangible Assets	0.91	1.0	0.99	0.93	0.96	0.95	0.98	0.99	-0.81	0.92	1.0	0.52	0.97	0.99	1.0	0.91	0.91	-0.6	1.0	0.96	0.12		0.95	0.66	0.74	0.74
Common Stock	0.96	0.97	0.91	0.94	0.92	1.0	0.95	0.9	-0.83	0.95	0.97	0.35	0.99	0.97	0.94	0.88	0.9	-0.54	0.94	0.97	-0.05	0.95		0.62	0.71	0.71
Current Deferred Revenue	0.64	0.66	0.66	0.7	0.72	0.63	0.63	0.65	-0.61	0.57	0.65	0.57	0.68	0.65	0.65	0.76	0.8	-0.21	0.66	0.74	-0.06	0.66	0.62		0.75	0.75
Cash	0.72	0.76	0.73	0.83	0.8	0.75	0.71	0.72	-0.36	0.75	0.75	0.77	0.75	0.76	0.73	0.91	0.83	-0.64	0.74	0.83	-0.15	0.74	0.71	0.75		1.0
Cash And Short Term Investments	0.72	0.76	0.73	0.83	0.8	0.75	0.71	0.72	-0.36	0.75	0.75	0.77	0.75	0.76	0.73	0.91	0.83	-0.64	0.74	0.83	-0.15	0.74	0.71	0.75	1.0

Click cells to compare fundamentals

Stingray Account Relationship Matchups

Stingray balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	76.0M	73.4M	71.5M	69.8M	69.1M	63.5M
Total Assets	868.0M	822.8M	883.7M	895.2M	811.6M	595.4M
Short Long Term Debt Total	394.6M	365.7M	412.0M	412.2M	386.7M	263.0M
Other Current Liab	61.6M	55.4M	67.8M	89.3M	67.2M	54.9M
Total Current Liabilities	104.9M	120.5M	115.0M	135.2M	115.0M	92.9M
Total Stockholder Equity	273.9M	274.7M	273.5M	286.3M	248.6M	193.6M
Property Plant And Equipment Net	75.2M	70.4M	65.9M	62.1M	57.3M	40.9M
Net Debt	392.1M	356.6M	397.4M	396.8M	377.1M	256.0M
Retained Earnings	(56.4M)	(40.2M)	(31.1M)	(21.7M)	(55.9M)	(53.1M)
Accounts Payable	18.0M	15.2M	18.4M	16.0M	11.7M	12.4M
Non Current Assets Total	778.3M	732.2M	783.8M	779.2M	707.5M	520.6M
Non Currrent Assets Other	1.1M	1.3M	5.1M	3.9M	3.2M	2.2M
Net Receivables	74.0M	64.9M	66.8M	77.1M	72.8M	54.6M
Good Will	337.8M	337.9M	354.3M	360.9M	304.6M	232.8M
Liabilities And Stockholders Equity	868.0M	822.8M	883.7M	895.2M	811.6M	595.4M
Non Current Liabilities Total	489.2M	427.7M	495.2M	473.8M	448.0M	308.9M
Inventory	3.3M	3.2M	5.2M	5.7M	4.3M	3.0M
Other Current Assets	13.2M	13.4M	13.4M	17.7M	17.4M	10.8M
Other Stockholder Equity	4.6M	5.2M	(271.2M)	(276.2M)	6.4M	6.7M
Total Liab	594.1M	548.1M	610.2M	608.9M	563.0M	401.7M
Total Current Assets	89.7M	90.6M	99.9M	116.0M	104.1M	74.8M
Short Term Debt	19.5M	31.9M	11.7M	11.7M	11.7M	11.7M
Intangible Assets	327.8M	314.9M	349.2M	341.8M	331.0M	223.8M
Common Stock	322.4M	314.0M	302.3M	297.9M	294.8M	222.3M
Current Deferred Revenue	1.7M	5.0M	4.9M	7.5M	9.7M	10.2M
Cash	2.5M	9.0M	14.6M	15.5M	9.6M	7.7M
Cash And Short Term Investments	2.5M	9.0M	14.6M	15.5M	9.6M	7.7M
Other Liab	114.0M	93.9M	94.9M	73.2M	84.2M	71.8M
Net Tangible Assets	(391.3M)	(378.1M)	(430.0M)	(416.4M)	(374.8M)	(393.5M)
Other Assets	11.8M	6.0M	8.0M	6.2M	5.5M	6.6M
Long Term Debt	348.8M	308.0M	376.1M	379.0M	356.8M	272.8M
Long Term Investments	25.7M	3.0M	6.4M	8.3M	9.7M	11.1M
Accumulated Other Comprehensive Income	3.3M	(4.3M)	(3.4M)	3.9M	3.3M	3.5M
Property Plant Equipment	75.2M	70.4M	65.9M	62.1M	71.4M	47.4M
Net Invested Capital	637.7M	610.1M	657.2M	672.8M	612.9M	630.0M
Net Working Capital	(15.2M)	(29.9M)	(15.0M)	(19.2M)	(10.9M)	(11.5M)
Capital Stock	322.4M	314.0M	302.3M	297.9M	294.8M	249.2M
Non Current Liabilities Other	64.6M	44.2M	43.2M	16.6M	12.6M	11.9M

Pair Trading with Stingray

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Stingray position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Stingray will appreciate offsetting losses from the drop in the long position's value.

Moving together with Stingray Stock

0.72	JPM	JPMorgan Chase	Pair Corr
0.64	BOFA	Bank of America	Pair Corr

Moving against Stingray Stock

0.78	PFE	Pfizer Inc CDR	Pair Corr
0.38	MSFT	Microsoft Corp CDR	Pair Corr
0.31	IBM	International Business	Pair Corr

The ability to find closely correlated positions to Stingray could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stingray when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Stingray - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Stingray Group to buy it.

The correlation of Stingray is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Stingray moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stingray Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Stingray can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Stingray Stock Analysis

When running Stingray's price analysis, check to measure Stingray's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stingray is operating at the current time. Most of Stingray's value examination focuses on studying past and present price action to predict the probability of Stingray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stingray's price. Additionally, you may evaluate how the addition of Stingray to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Stingray Historical Balance Sheet

Stingray Inventory

2.96 Million

About Stingray Balance Sheet Analysis

Stingray Balance Sheet Chart

Common Stock Shares Outstanding

Total Assets

Stingray balance sheet Correlations

Stingray Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Stingray balance sheet Accounts

Pair Trading with Stingray

Moving together with Stingray Stock

Moving against Stingray Stock

Additional Tools for Stingray Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Intangible Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total

Common Stock	- 0.83	Retained Earnings
Net Receivables	- 0.83	Retained Earnings
Intangible Assets	- 0.81	Retained Earnings
Non Current Assets Total	- 0.81	Retained Earnings
Retained Earnings	- 0.81	Total Assets
Retained Earnings	- 0.81	Common Stock Shares Outstanding