Stingray Group Inc (RAY.A.TO)
7.76
+0.26
(+3.47%)
CAD |
TSX |
May 03, 16:00
Stingray Group Debt to Equity Ratio: 1.273 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 1.273 |
| September 30, 2023 | 1.331 |
| June 30, 2023 | 1.344 |
| March 31, 2023 | 1.350 |
| December 31, 2022 | 1.446 |
| September 30, 2022 | 1.392 |
| June 30, 2022 | 1.374 |
| March 31, 2022 | 1.403 |
| December 31, 2021 | 1.225 |
| September 30, 2021 | 1.235 |
| Date | Value |
|---|---|
| June 30, 2021 | 1.233 |
| March 31, 2021 | 1.221 |
| December 31, 2020 | 1.264 |
| September 30, 2020 | 1.312 |
| June 30, 2020 | 1.357 |
| March 31, 2020 | 1.328 |
| December 31, 2019 | 1.217 |
| September 30, 2019 | 1.344 |
| June 30, 2019 | 1.197 |
| March 31, 2019 | 1.261 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.197
Minimum
Jun 2019
1.446
Maximum
Dec 2022
1.308
Average
1.328
Median
Mar 2020
Debt to Equity Ratio Benchmarks
| Corus Entertainment Inc | 3.218 |
| Asian Television Network International Ltd | 1.489 |
| Enthusiast Gaming Holdings Inc | 0.0814 |
| VerticalScope Holdings Inc | 0.7194 |
| Legible Inc | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 880.36M |
| Total Liabilities (Quarterly) | 575.23M |
| Shareholders Equity (Quarterly) | 305.13M |
| Current Ratio | 1.128 |
| Net Debt Paydown Yield | 0.26% |