Corus Entertainment Balance Sheet Health
Financial Health criteria checks 2/6
Corus Entertainment has a total shareholder equity of CA$465.4M and total debt of CA$1.1B, which brings its debt-to-equity ratio to 228.4%. Its total assets and total liabilities are CA$2.7B and CA$2.2B respectively. Corus Entertainment's EBIT is CA$179.4M making its interest coverage ratio 1.5. It has cash and short-term investments of CA$61.5M.
Key information
228.4%
Debt to equity ratio
CA$1.06b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CA$61.51m |
| Equity | CA$465.38m |
| Total liabilities | CA$2.19b |
| Total assets | CA$2.65b |
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 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
Is Corus Entertainment Inc. (TSE:CJR.B) A Risky Dividend Stock?
Jan 04Don't Race Out To Buy Corus Entertainment Inc. (TSE:CJR.B) Just Because It's Going Ex-Dividend
Dec 09Would Shareholders Who Purchased Corus Entertainment's (TSE:CJR.B) Stock Three Years Be Happy With The Share price Today?
Nov 29Financial Position Analysis
Short Term Liabilities: CJR.B's short term assets (CA$379.1M) do not cover its short term liabilities (CA$587.1M).
Long Term Liabilities: CJR.B's short term assets (CA$379.1M) do not cover its long term liabilities (CA$1.6B).
Debt to Equity History and Analysis
Debt Level: CJR.B's net debt to equity ratio (215.2%) is considered high.
Reducing Debt: CJR.B's debt to equity ratio has increased from 109.2% to 228.4% over the past 5 years.
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 16.7% per year.