Corus Entertainment Balance Sheet Health
Financial Health criteria checks 2/6
Corus Entertainment has a total shareholder equity of CA$-341.7M and total debt of CA$1.1B, which brings its debt-to-equity ratio to -308.1%. Its total assets and total liabilities are CA$1.5B and CA$1.8B respectively. Corus Entertainment's EBIT is CA$172.4M making its interest coverage ratio 1.7. It has cash and short-term investments of CA$82.4M.
Key information
-308.1%
Debt to equity ratio
CA$1.05b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CA$82.42m |
| Equity | -CA$341.73m |
| Total liabilities | CA$1.83b |
| Total assets | CA$1.49b |
Recent financial health updates
Here's Why Corus Entertainment (TSE:CJR.B) Is Weighed Down By Its Debt Load
Dec 03
Corus Entertainment (TSE:CJR.B) Has A Somewhat Strained Balance Sheet
Aug 30Is Corus Entertainment (TSE:CJR.B) Using Too Much Debt?
Apr 16These 4 Measures Indicate That Corus Entertainment (TSE:CJR.B) Is Using Debt Extensively
Jun 16Corus Entertainment (TSE:CJR.B) Has A Somewhat Strained Balance Sheet
Nov 23Is Corus Entertainment (TSE:CJR.B) A Risky Investment?
Jul 07Recent updates
Corus Entertainment (TSE:CJR.B) Is Experiencing Growth In Returns On Capital
Sep 20Corus Entertainment Inc.'s (TSE:CJR.B) Business Is Yet to Catch Up With Its Share Price
Apr 12Corus Entertainment (TSE:CJR.B) Will Be Looking To Turn Around Its Returns
Feb 19Corus Entertainment Inc. (TSE:CJR.B) Stock Catapults 39% Though Its Price And Business Still Lag The Industry
Dec 20Here's Why Corus Entertainment (TSE:CJR.B) Is Weighed Down By Its Debt Load
Dec 03Capital Allocation Trends At Corus Entertainment (TSE:CJR.B) Aren't Ideal
Oct 28Corus Entertainment (TSE:CJR.B) Has A Somewhat Strained Balance Sheet
Aug 30Returns On Capital At Corus Entertainment (TSE:CJR.B) Paint A Concerning Picture
Jun 08Is Corus Entertainment (TSE:CJR.B) Using Too Much Debt?
Apr 16It's Probably Less Likely That Corus Entertainment Inc.'s (TSE:CJR.B) CEO Will See A Huge Pay Rise This Year
Jan 13Corus Entertainment (TSE:CJR.B) Has Announced A Dividend Of CA$0.06
Nov 25Why Corus Entertainment Inc. (TSE:CJR.B) Could Be Worth Watching
Sep 10Corus Entertainment (TSE:CJR.B) Has Affirmed Its Dividend Of CA$0.06
Jul 14These 4 Measures Indicate That Corus Entertainment (TSE:CJR.B) Is Using Debt Extensively
Jun 16Is Corus Entertainment Inc. (TSE:CJR.B) Potentially Undervalued?
May 12Corus Entertainment (TSE:CJR.B) Has A Somewhat Strained Balance Sheet
Nov 23Is There Now An Opportunity In Corus Entertainment Inc. (TSE:CJR.B)?
Aug 12Is Corus Entertainment (TSE:CJR.B) A Risky Investment?
Jul 07We Wouldn't Be Too Quick To Buy Corus Entertainment Inc. (TSE:CJR.B) Before It Goes Ex-Dividend
Mar 07Is Corus Entertainment (TSE:CJR.B) A Risky Investment?
Feb 12
Financial Position Analysis
Short Term Liabilities: CJR.B has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CJR.B has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CJR.B has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CJR.B's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CJR.B has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CJR.B is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:13 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/08/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Corus Entertainment Inc. is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Phillip Huang | Barclays |
| Tim Casey | BMO Capital Markets Equity Research |
| Lawson Winder | BofA Global Research |