| CJR-B Stock | | | CAD 0.11 0.01 8.33% |
CFO
FCPA FCA is Executive CFO of Corus Entertainment
| Age | 58 |
| Address | Corus Quay, Toronto, ON, Canada, M5A 0B5 |
| Phone | 416 479 7000 |
| Web | https://www.corusent.com |
Corus Entertainment Management Efficiency
The company has return on total asset
(ROA) of
0.0509 % which means that it generated a profit of $0.0509 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(13.0763) %, meaning that it generated substantial loss on money invested by shareholders. Corus Entertainment's management efficiency ratios could be used to measure how well Corus Entertainment manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Corus Entertainment's
Return On Capital Employed is comparatively stable compared to the past year.
Return On Equity is likely to gain to 1.74 in 2024, despite the fact that
Return On Tangible Assets are likely to grow to
(0.99). At this time, Corus Entertainment's
Non Current Liabilities Total is comparatively stable compared to the past year.
Non Current Liabilities Other is likely to gain to about 56.8
M in 2024, whereas
Total Current Liabilities is likely to drop slightly above 355.9
M in 2024.
Corus Entertainment has accumulated 1.17
B in total debt with debt to equity ratio
(D/E) of 1.6, which is about average as compared to similar companies. Corus Entertainment has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Corus Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, Corus Entertainment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Corus Entertainment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Corus to invest in growth at high rates of return. When we think about Corus Entertainment's use of debt, we should always consider it together with cash and equity.
Similar Executives
Corus Entertainment Inc., a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. Corus Entertainment Inc. was founded in 1998 and is headquartered in Toronto, Canada. CORUS ENTERTAINMENT operates under Entertainment classification in Canada and is traded on Toronto Stock Exchange. Corus Entertainment (CJR-B) is traded on Toronto Exchange in Canada and employs 2,610 people. Corus Entertainment is listed under Movies & Entertainment category by Fama And French industry classification.
Management Performance
Corus Entertainment Leadership Team
Elected by the shareholders, the Corus Entertainment's board of directors comprises two types of representatives: Corus Entertainment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Corus. The board's role is to monitor Corus Entertainment's management team and ensure that shareholders' interests are well served. Corus Entertainment's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Corus Entertainment's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gregory McLelland, Executive Officer | |
| Jennifer Lee, Executive Secretary | |
| Mike Couto, Director Relations | |
| Heidi Kucher, Director Relations | |
| Bianca Williamson, Senior Culture | |
| Barb McKergow, Senior Advertising | |
| Cheryl Fullerton, Executive Communications | |
| FCA FCPA, Ex CFO | |
| FCPA FCA, Executive CFO | |
| Dervla Kelly, Senior Agency | |
| Julie Edwards, Vice Administration | |
| Shawn Kelly, Executive Technology | |
| MBA HBA, CEO President | |
| BCom BComm, Ex Chairman | |
| HBA MBA, CEO Pres | |
| Troy Reeb, Executive Content | |
Corus Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Corus Entertainment a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Pair Trading with Corus Entertainment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Corus Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Corus Entertainment will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Corus Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corus Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Corus Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Corus Entertainment to buy it.
The correlation of Corus Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Corus Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corus Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Corus Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Additional Tools for Corus Stock Analysis
When running Corus Entertainment's price analysis, check to
measure Corus Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corus Entertainment is operating at the current time. Most of Corus Entertainment's value examination focuses on studying past and present price action to
predict the probability of Corus Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corus Entertainment's price. Additionally, you may evaluate how the addition of Corus Entertainment to your portfolios can decrease your overall portfolio volatility.