Corus Historical Balance Sheet

CJR-B Stock

CAD 0.11 0.01 8.33%

Trend analysis of Corus Entertainment balance sheet accounts such as Short Long Term Debt Total of 1.1 B, Other Current Liabilities of 4.5 M or Total Current Liabilities of 346.7 M provides information on Corus Entertainment's total assets, liabilities, and equity, which is the actual value of Corus Entertainment to its prevalent stockholders. By breaking down trends over time using Corus Entertainment balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Covid

Financial Statement Analysis is much more than just reviewing and examining Corus Entertainment latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Corus Entertainment is a good buy for the upcoming year.

Corus Entertainment Inventory

(19.9 Million)

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corus Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About Corus Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Corus Entertainment at a specified time, usually calculated after every quarter, six months, or one year. Corus Entertainment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Corus Entertainment and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Corus currently owns. An asset can also be divided into two categories, current and non-current.

Corus Entertainment Balance Sheet Chart

At this time, Corus Entertainment's Long Term Investments are comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 1.5 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 4.5 M in 2024.

Total Assets Short Long Term Debt Total Other Current Liab Accounts Payable Cash Other Assets

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Total Assets

Total assets refers to the total amount of Corus Entertainment assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Corus Entertainment books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents Corus Entertainment obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Corus Entertainment are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash

Cash refers to the most liquid asset of Corus Entertainment, which is listed under current asset account on Corus Entertainment balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Corus Entertainment customers. The amounts must be unrestricted with restricted cash listed in a different Corus Entertainment account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most accounts from Corus Entertainment's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Corus Entertainment current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corus Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	1.4B	1.2B	1.4B	1.1B
Total Assets	3.5B	2.7B	3.2B	3.2B

Short Long Term Debt Total Total Assets

Corus Entertainment balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Current Deferred Revenue	Inventory	Other Assets	Other Liab
Total Assets		0.96	0.62	0.68	0.72	0.6	0.95	-0.04	0.8	-0.25	1.0	-0.21	-0.25	0.85	0.57	0.95	0.16	-0.12	0.93	0.58	0.74	0.91	0.38	-0.73	0.52	0.88
Short Long Term Debt Total	0.96		0.62	0.82	0.52	0.76	0.99	-0.28	0.87	-0.29	0.95	-0.12	-0.29	0.92	0.75	1.0	0.23	0.08	0.99	0.62	0.67	0.98	0.55	-0.74	0.58	0.94
Other Current Liab	0.62	0.62		0.45	0.47	0.56	0.62	-0.05	0.46	-0.22	0.62	-0.47	-0.22	0.52	0.5	0.63	0.45	-0.14	0.61	0.24	0.48	0.66	0.28	-0.38	0.27	0.49
Total Current Liabilities	0.68	0.82	0.45		0.08	0.9	0.83	-0.64	0.85	-0.38	0.66	0.03	-0.38	0.88	0.92	0.82	0.22	0.45	0.88	0.52	0.52	0.88	0.75	-0.72	0.66	0.86
Total Stockholder Equity	0.72	0.52	0.47	0.08		0.03	0.5	0.66	0.32	-0.01	0.73	-0.39	0.0	0.36	-0.05	0.51	-0.01	-0.72	0.44	0.25	0.65	0.4	-0.28	-0.39	0.2	0.4
Property Plant And Equipment Net	0.6	0.76	0.56	0.9	0.03		0.78	-0.64	0.79	-0.48	0.6	-0.14	-0.48	0.81	0.87	0.77	0.3	0.45	0.82	0.36	0.3	0.83	0.68	-0.49	0.68	0.83
Net Debt	0.95	0.99	0.62	0.83	0.5	0.78		-0.3	0.86	-0.41	0.95	-0.18	-0.41	0.93	0.75	0.99	0.18	0.08	0.99	0.53	0.66	0.97	0.55	-0.77	0.66	0.96
Retained Earnings	-0.04	-0.28	-0.05	-0.64	0.66	-0.64	-0.3		-0.44	0.24	-0.02	-0.32	0.25	-0.43	-0.74	-0.29	-0.26	-0.91	-0.37	-0.29	0.16	-0.4	-0.85	0.22	-0.29	-0.37
Accounts Payable	0.8	0.87	0.46	0.85	0.32	0.79	0.86	-0.44		-0.25	0.79	-0.01	-0.25	0.89	0.78	0.87	0.26	0.32	0.89	0.64	0.43	0.89	0.6	-0.72	0.56	0.84
Cash	-0.25	-0.29	-0.22	-0.38	-0.01	-0.48	-0.41	0.24	-0.25		-0.29	0.46	1.0	-0.41	-0.28	-0.29	0.3	-0.09	-0.31	0.46	-0.14	-0.29	-0.21	0.48	-0.81	-0.5
Non Current Assets Total	1.0	0.95	0.62	0.66	0.73	0.6	0.95	-0.02	0.79	-0.29		-0.25	-0.29	0.84	0.55	0.95	0.14	-0.14	0.92	0.53	0.75	0.9	0.35	-0.73	0.54	0.88
Non Currrent Assets Other	-0.21	-0.12	-0.47	0.03	-0.39	-0.14	-0.18	-0.32	-0.01	0.46	-0.25		0.46	-0.07	0.07	-0.14	-0.29	0.25	-0.11	0.41	-0.18	-0.11	0.27	0.09	-0.21	-0.15
Cash And Short Term Investments	-0.25	-0.29	-0.22	-0.38	0.0	-0.48	-0.41	0.25	-0.25	1.0	-0.29	0.46		-0.41	-0.28	-0.29	0.3	-0.09	-0.31	0.46	-0.14	-0.29	-0.22	0.48	-0.81	-0.5
Net Receivables	0.85	0.92	0.52	0.88	0.36	0.81	0.93	-0.43	0.89	-0.41	0.84	-0.07	-0.41		0.85	0.92	0.15	0.23	0.94	0.6	0.5	0.92	0.67	-0.77	0.75	0.95
Common Stock Shares Outstanding	0.57	0.75	0.5	0.92	-0.05	0.87	0.75	-0.74	0.78	-0.28	0.55	0.07	-0.28	0.85		0.75	0.41	0.56	0.8	0.58	0.31	0.83	0.89	-0.54	0.55	0.75
Non Current Liabilities Total	0.95	1.0	0.63	0.82	0.51	0.77	0.99	-0.29	0.87	-0.29	0.95	-0.14	-0.29	0.92	0.75		0.25	0.1	0.99	0.62	0.64	0.99	0.55	-0.71	0.57	0.94
Other Current Assets	0.16	0.23	0.45	0.22	-0.01	0.3	0.18	-0.26	0.26	0.3	0.14	-0.29	0.3	0.15	0.41	0.25		0.36	0.25	0.38	0.07	0.3	0.36	0.12	-0.35	0.06
Other Stockholder Equity	-0.12	0.08	-0.14	0.45	-0.72	0.45	0.08	-0.91	0.32	-0.09	-0.14	0.25	-0.09	0.23	0.56	0.1	0.36		0.17	0.26	-0.3	0.21	0.74	-0.04	0.07	0.17
Total Liab	0.93	0.99	0.61	0.88	0.44	0.82	0.99	-0.37	0.89	-0.31	0.92	-0.11	-0.31	0.94	0.8	0.99	0.25	0.17		0.62	0.64	0.99	0.61	-0.73	0.61	0.95
Total Current Assets	0.58	0.62	0.24	0.52	0.25	0.36	0.53	-0.29	0.64	0.46	0.53	0.41	0.46	0.6	0.58	0.62	0.38	0.26	0.62		0.32	0.63	0.54	-0.33	0.0	0.48
Short Term Debt	0.74	0.67	0.48	0.52	0.65	0.3	0.66	0.16	0.43	-0.14	0.75	-0.18	-0.14	0.5	0.31	0.64	0.07	-0.3	0.64	0.32		0.62	0.17	-0.7	0.27	0.57
Intangible Assets	0.91	0.98	0.66	0.88	0.4	0.83	0.97	-0.4	0.89	-0.29	0.9	-0.11	-0.29	0.92	0.83	0.99	0.3	0.21	0.99	0.63	0.62		0.64	-0.71	0.56	0.92
Current Deferred Revenue	0.38	0.55	0.28	0.75	-0.28	0.68	0.55	-0.85	0.6	-0.21	0.35	0.27	-0.22	0.67	0.89	0.55	0.36	0.74	0.61	0.54	0.17	0.64		-0.43	0.37	0.58
Inventory	-0.73	-0.74	-0.38	-0.72	-0.39	-0.49	-0.77	0.22	-0.72	0.48	-0.73	0.09	0.48	-0.77	-0.54	-0.71	0.12	-0.04	-0.73	-0.33	-0.7	-0.71	-0.43		-0.65	-0.74
Other Assets	0.52	0.58	0.27	0.66	0.2	0.68	0.66	-0.29	0.56	-0.81	0.54	-0.21	-0.81	0.75	0.55	0.57	-0.35	0.07	0.61	0.0	0.27	0.56	0.37	-0.65		0.78
Other Liab	0.88	0.94	0.49	0.86	0.4	0.83	0.96	-0.37	0.84	-0.5	0.88	-0.15	-0.5	0.95	0.75	0.94	0.06	0.17	0.95	0.48	0.57	0.92	0.58	-0.74	0.78

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Corus Entertainment Account Relationship Matchups

Corus Entertainment balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.0B	3.9B	3.5B	2.7B	3.2B	3.2B
Short Long Term Debt Total	1.7B	1.5B	1.4B	1.2B	1.4B	1.1B
Other Current Liab	342.8M	331.1M	384.4M	4.1M	4.8M	4.5M
Total Current Liabilities	549.3M	552.3M	551.0M	588.3M	676.5M	346.7M
Total Stockholder Equity	899.8M	1.1B	752.0M	317.8M	365.4M	347.1M
Property Plant And Equipment Net	333.8M	316.2M	294.0M	268.2M	308.4M	182.2M
Net Debt	1.6B	1.4B	1.3B	1.2B	1.3B	1.0B
Retained Earnings	(1.4B)	(1.3B)	(1.6B)	(2.0B)	(1.8B)	(1.7B)
Accounts Payable	113.8M	171.2M	136.4M	156.2M	140.6M	111.6M
Cash	45.9M	43.7M	54.9M	56.2M	50.5M	53.7M
Non Current Assets Total	3.6B	3.5B	3.1B	2.4B	2.7B	2.8B
Non Currrent Assets Other	40.2M	61.8M	65.8M	90.3M	81.3M	86.0M
Cash And Short Term Investments	45.9M	43.7M	54.9M	56.2M	50.5M	52.0M
Net Receivables	297.6M	331.2M	328.2M	316.8M	364.3M	255.5M
Common Stock Shares Outstanding	209.8M	208.7M	206.2M	199.4M	229.4M	133.5M
Liabilities And Stockholders Equity	4.0B	3.9B	3.5B	2.7B	3.2B	3.2B
Non Current Liabilities Total	2.4B	2.1B	2.0B	1.7B	2.0B	1.5B
Other Current Assets	55.6M	47.4M	21.4M	21.3M	19.2M	18.2M
Other Stockholder Equity	1.5B	1.5B	1.5B	2.0B	2.3B	2.4B
Total Liab	2.9B	2.6B	2.6B	2.3B	2.6B	1.9B
Total Current Assets	360.6M	399.0M	404.5M	394.2M	453.4M	399.7M
Accumulated Other Comprehensive Income	(2.3M)	21.8M	33M	37.8M	43.5M	45.7M
Short Term Debt	92.7M	50.1M	30.2M	27.8M	31.9M	30.3M
Intangible Assets	2.4B	2.3B	2.3B	1.8B	2.1B	1.6B
Other Assets	145.5M	138.7M	151.6M	175.2M	201.5M	127.9M
Other Liab	746.9M	782.8M	631.9M	681.7M	783.9M	603.8M
Net Tangible Assets	(2.2B)	(2.2B)	(1.9B)	(1.8B)	(1.7B)	(1.7B)
Long Term Debt	1.4B	1.3B	1.2B	1.1B	1.2B	1.3B
Long Term Investments	46.0M	61.3M	90.0M	81.4M	93.6M	98.3M
Property Plant Equipment	225.9M	333.8M	316.2M	294.0M	338.1M	223.7M
Capital Lease Obligations	148.6M	143.5M	134.4M	126.1M	145.0M	77.9M
Non Current Liabilities Other	82.4M	39.5M	47.4M	40.1M	36.1M	56.8M
Net Invested Capital	2.4B	2.4B	2.0B	1.4B	1.3B	2.2B

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.

Moving against Corus Stock

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Pair Corr

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.

Pair Correlation Correlation Matching

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.

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Corus Historical Balance Sheet

Corus Entertainment Inventory

(19.9 Million)

About Corus Balance Sheet Analysis

Corus Entertainment Balance Sheet Chart

Total Assets

Accounts Payable

Cash

Corus Entertainment balance sheet Correlations

Corus Entertainment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Corus Entertainment balance sheet Accounts

Pair Trading with Corus Entertainment

Moving against Corus Stock

Additional Tools for Corus Stock Analysis

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Net Debt

Other Stockholder Equity	- 0.91	Retained Earnings
Current Deferred Revenue	- 0.85	Retained Earnings
Other Assets	- 0.81	Cash And Short Term Investments
Other Assets	- 0.81	Cash
Inventory	- 0.77	Net Receivables
Inventory	- 0.77	Net Debt