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.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
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

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.

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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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.
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.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.4B1.2B1.4B1.1B
Total Assets3.5B2.7B3.2B3.2B

Corus Entertainment balance sheet Correlations

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0.960.620.820.520.760.99-0.280.87-0.290.95-0.12-0.290.920.751.00.230.080.990.620.670.980.55-0.740.580.94
0.620.620.450.470.560.62-0.050.46-0.220.62-0.47-0.220.520.50.630.45-0.140.610.240.480.660.28-0.380.270.49
0.680.820.450.080.90.83-0.640.85-0.380.660.03-0.380.880.920.820.220.450.880.520.520.880.75-0.720.660.86
0.720.520.470.080.030.50.660.32-0.010.73-0.390.00.36-0.050.51-0.01-0.720.440.250.650.4-0.28-0.390.20.4
0.60.760.560.90.030.78-0.640.79-0.480.6-0.14-0.480.810.870.770.30.450.820.360.30.830.68-0.490.680.83
0.950.990.620.830.50.78-0.30.86-0.410.95-0.18-0.410.930.750.990.180.080.990.530.660.970.55-0.770.660.96
-0.04-0.28-0.05-0.640.66-0.64-0.3-0.440.24-0.02-0.320.25-0.43-0.74-0.29-0.26-0.91-0.37-0.290.16-0.4-0.850.22-0.29-0.37
0.80.870.460.850.320.790.86-0.44-0.250.79-0.01-0.250.890.780.870.260.320.890.640.430.890.6-0.720.560.84
-0.25-0.29-0.22-0.38-0.01-0.48-0.410.24-0.25-0.290.461.0-0.41-0.28-0.290.3-0.09-0.310.46-0.14-0.29-0.210.48-0.81-0.5
1.00.950.620.660.730.60.95-0.020.79-0.29-0.25-0.290.840.550.950.14-0.140.920.530.750.90.35-0.730.540.88
-0.21-0.12-0.470.03-0.39-0.14-0.18-0.32-0.010.46-0.250.46-0.070.07-0.14-0.290.25-0.110.41-0.18-0.110.270.09-0.21-0.15
-0.25-0.29-0.22-0.380.0-0.48-0.410.25-0.251.0-0.290.46-0.41-0.28-0.290.3-0.09-0.310.46-0.14-0.29-0.220.48-0.81-0.5
0.850.920.520.880.360.810.93-0.430.89-0.410.84-0.07-0.410.850.920.150.230.940.60.50.920.67-0.770.750.95
0.570.750.50.92-0.050.870.75-0.740.78-0.280.550.07-0.280.850.750.410.560.80.580.310.830.89-0.540.550.75
0.951.00.630.820.510.770.99-0.290.87-0.290.95-0.14-0.290.920.750.250.10.990.620.640.990.55-0.710.570.94
0.160.230.450.22-0.010.30.18-0.260.260.30.14-0.290.30.150.410.250.360.250.380.070.30.360.12-0.350.06
-0.120.08-0.140.45-0.720.450.08-0.910.32-0.09-0.140.25-0.090.230.560.10.360.170.26-0.30.210.74-0.040.070.17
0.930.990.610.880.440.820.99-0.370.89-0.310.92-0.11-0.310.940.80.990.250.170.620.640.990.61-0.730.610.95
0.580.620.240.520.250.360.53-0.290.640.460.530.410.460.60.580.620.380.260.620.320.630.54-0.330.00.48
0.740.670.480.520.650.30.660.160.43-0.140.75-0.18-0.140.50.310.640.07-0.30.640.320.620.17-0.70.270.57
0.910.980.660.880.40.830.97-0.40.89-0.290.9-0.11-0.290.920.830.990.30.210.990.630.620.64-0.710.560.92
0.380.550.280.75-0.280.680.55-0.850.6-0.210.350.27-0.220.670.890.550.360.740.610.540.170.64-0.430.370.58
-0.73-0.74-0.38-0.72-0.39-0.49-0.770.22-0.720.48-0.730.090.48-0.77-0.54-0.710.12-0.04-0.73-0.33-0.7-0.71-0.43-0.65-0.74
0.520.580.270.660.20.680.66-0.290.56-0.810.54-0.21-0.810.750.550.57-0.350.070.610.00.270.560.37-0.650.78
0.880.940.490.860.40.830.96-0.370.84-0.50.88-0.15-0.50.950.750.940.060.170.950.480.570.920.58-0.740.78
Click cells to compare fundamentals

Corus Entertainment Account Relationship Matchups

Corus Entertainment balance sheet Accounts

201920202021202220232024 (projected)
Total Assets4.0B3.9B3.5B2.7B3.2B3.2B
Short Long Term Debt Total1.7B1.5B1.4B1.2B1.4B1.1B
Other Current Liab342.8M331.1M384.4M4.1M4.8M4.5M
Total Current Liabilities549.3M552.3M551.0M588.3M676.5M346.7M
Total Stockholder Equity899.8M1.1B752.0M317.8M365.4M347.1M
Property Plant And Equipment Net333.8M316.2M294.0M268.2M308.4M182.2M
Net Debt1.6B1.4B1.3B1.2B1.3B1.0B
Retained Earnings(1.4B)(1.3B)(1.6B)(2.0B)(1.8B)(1.7B)
Accounts Payable113.8M171.2M136.4M156.2M140.6M111.6M
Cash45.9M43.7M54.9M56.2M50.5M53.7M
Non Current Assets Total3.6B3.5B3.1B2.4B2.7B2.8B
Non Currrent Assets Other40.2M61.8M65.8M90.3M81.3M86.0M
Cash And Short Term Investments45.9M43.7M54.9M56.2M50.5M52.0M
Net Receivables297.6M331.2M328.2M316.8M364.3M255.5M
Common Stock Shares Outstanding209.8M208.7M206.2M199.4M229.4M133.5M
Liabilities And Stockholders Equity4.0B3.9B3.5B2.7B3.2B3.2B
Non Current Liabilities Total2.4B2.1B2.0B1.7B2.0B1.5B
Other Current Assets55.6M47.4M21.4M21.3M19.2M18.2M
Other Stockholder Equity1.5B1.5B1.5B2.0B2.3B2.4B
Total Liab2.9B2.6B2.6B2.3B2.6B1.9B
Total Current Assets360.6M399.0M404.5M394.2M453.4M399.7M
Accumulated Other Comprehensive Income(2.3M)21.8M33M37.8M43.5M45.7M
Short Term Debt92.7M50.1M30.2M27.8M31.9M30.3M
Intangible Assets2.4B2.3B2.3B1.8B2.1B1.6B
Other Assets145.5M138.7M151.6M175.2M201.5M127.9M
Other Liab746.9M782.8M631.9M681.7M783.9M603.8M
Net Tangible Assets(2.2B)(2.2B)(1.9B)(1.8B)(1.7B)(1.7B)
Long Term Debt1.4B1.3B1.2B1.1B1.2B1.3B
Long Term Investments46.0M61.3M90.0M81.4M93.6M98.3M
Property Plant Equipment225.9M333.8M316.2M294.0M338.1M223.7M
Capital Lease Obligations148.6M143.5M134.4M126.1M145.0M77.9M
Non Current Liabilities Other82.4M39.5M47.4M40.1M36.1M56.8M
Net Invested Capital2.4B2.4B2.0B1.4B1.3B2.2B

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

  0.59NA-PG National BankPairCorr
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 CorrelationCorrelation 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.