Stagwell Inc financial data

Symbol
STGW on Nasdaq
Industry
Services-Advertising Agencies
Location
One World Trade Center, Floor 65, New York, New York
State of incorporation
Delaware
Fiscal year end
December 31
Former names
MDC Stagwell Holdings Inc (to 8/2/2021), MDC PARTNERS INC (to 7/27/2021), MDC CORP INC (to 2/6/2004), MDC COMMUNICATIONS CORP (to 2/11/2000)
Latest financial report
Q1 2024 - May 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 80.2 % -1.51%
Debt-to-equity 897 % +19.4%
Return On Equity -0.32 % -133%
Return On Assets -0.07 % -129%
Operating Margin 3.89 % -14.1%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 629M USD +53.4%
Common Stock, Value, Issued 334M USD -28.9%
Weighted Average Number of Shares Outstanding, Basic 113M shares -10%
Weighted Average Number of Shares Outstanding, Diluted 116M shares -59.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.57B USD -3.47%
General and Administrative Expense 666M USD +8.1%
Costs and Expenses 2.47B USD -2.82%
Operating Income (Loss) 100M USD -17.1%
Nonoperating Income (Expense) -5.31M USD +93.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 91.1M USD +20.5%
Income Tax Expense (Benefit) 42.9M USD +90.6%
Net Income (Loss) Attributable to Parent -2.54M USD -129%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 130M USD -6.28%
Accounts Receivable, after Allowance for Credit Loss, Current 744M USD +12.9%
Other Assets, Current 119M USD +53%
Assets, Current 1.11B USD +13.6%
Deferred Income Tax Assets, Net 47.2M USD -31%
Property, Plant and Equipment, Net 77.2M USD -18.6%
Operating Lease, Right-of-Use Asset 242M USD -7.31%
Intangible Assets, Net (Excluding Goodwill) 801M USD -9.88%
Goodwill 1.5B USD -4.73%
Other Assets, Noncurrent 95.1M USD -16.7%
Assets 3.82B USD -2.2%
Accounts Payable, Current 437M USD +41.5%
Liabilities, Current 1.33B USD +6.7%
Deferred Income Tax Liabilities, Net 38.9M USD -9.69%
Operating Lease, Liability, Noncurrent 271M USD -2.72%
Other Liabilities, Noncurrent 56.7M USD -19.5%
Liabilities 3.01B USD +1.92%
Accumulated Other Comprehensive Income (Loss), Net of Tax -15.9M USD -20.2%
Retained Earnings (Accumulated Deficit) 19.6M USD -35.3%
Stockholders' Equity Attributable to Parent 338M USD -30.7%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 798M USD -11.9%
Liabilities and Equity 3.82B USD -2.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -53.1M USD +37.6%
Net Cash Provided by (Used in) Financing Activities 91.1M USD +605%
Net Cash Provided by (Used in) Investing Activities -26.1M USD -142%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 10.1M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 130M USD -6.28%
Interest Paid, Excluding Capitalized Interest, Operating Activities 35.3M USD +5.36%
Deferred Tax Assets, Valuation Allowance 26.3M USD +82.6%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 166M USD -6.66%
Operating Lease, Liability 335M USD -5.49%
Depreciation 29M USD +9.43%
Payments to Acquire Property, Plant, and Equipment 5.44M USD +58.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -5.22M USD -187%
Lessee, Operating Lease, Liability, to be Paid 402M USD -2.71%
Property, Plant and Equipment, Gross 159M USD +0.59%
Operating Lease, Liability, Current 64M USD -15.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 69.5M USD -11%
Lessee, Operating Lease, Liability, to be Paid, Year One 57.8M USD -16%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +21.7%
Deferred Income Tax Expense (Benefit) -655K USD +8.26%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 66.9M USD +14.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 58.5M USD -3.28%
Deferred Tax Assets, Operating Loss Carryforwards 29.8M USD -32.2%
Deferred Federal Income Tax Expense (Benefit) 18.2M USD
Current Income Tax Expense (Benefit) 21.1M USD -51.7%
Unrecognized Tax Benefits 9K USD -99.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 52.9M USD +17.3%
Operating Lease, Payments 88.3M USD -2.86%
Current State and Local Tax Expense (Benefit) 3.1M USD -61.7%
Current Federal Tax Expense (Benefit) 4.87M USD -63.2%
Amortization of Intangible Assets 112M USD +8.83%
Depreciation, Depletion and Amortization 144M USD +7.97%
Deferred Tax Assets, Net of Valuation Allowance 140M USD -14.5%
Deferred State and Local Income Tax Expense (Benefit) 7.02M USD +901%