Corus Entertainment Inc.

OTCPK:CJRE.F Stock Report

Market Cap: US$28.3m

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 ratio1.5x
CashCA$61.51m
EquityCA$465.38m
Total liabilitiesCA$2.19b
Total assetsCA$2.65b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CJRE.F's short term assets (CA$379.1M) do not cover its short term liabilities (CA$587.1M).

Long Term Liabilities: CJRE.F'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: CJRE.F's net debt to equity ratio (215.2%) is considered high.

Reducing Debt: CJRE.F'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 CJRE.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CJRE.F 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.


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