Corus Entertainment Inc - Asset Resilience Ratio
Corus Entertainment Inc (CJR-B) has an Asset Resilience Ratio of -3.60% as of May 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read CJR-B total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2018)
This chart shows how Corus Entertainment Inc's Asset Resilience Ratio has changed over time. See Corus Entertainment Inc (CJR-B) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Corus Entertainment Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see Corus Entertainment Inc (CJR-B) total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0% |
| Short-term Investments | CA$-56.99 Million | -3.6% |
| Total Liquid Assets | CA$-56.99 Million | -3.60% |
Asset Resilience Insights
- Limited Liquidity: Corus Entertainment Inc maintains only -3.60% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Corus Entertainment Inc Industry Peers by Asset Resilience Ratio
Compare Corus Entertainment Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Roku Inc
NASDAQ:ROKU |
Entertainment | 12.15% |
|
Saregama India Limited
NSE:SAREGAMA |
Entertainment | 9.80% |
|
Beijing Hualu Baina Film TV
SHE:300291 |
Entertainment | 14.84% |
|
Acast AB
ST:ACAST |
Entertainment | -0.14% |
|
Dreamus Company
KQ:060570 |
Entertainment | 33.27% |
|
Dasheng Times Cultural Investment Co Ltd
SHG:600892 |
Entertainment | 0.15% |
|
Seven West Media Ltd
AU:SWM |
Entertainment | -2.74% |
|
Kuang Hong Arts Management
TWO:6596 |
Entertainment | 55.87% |
Annual Asset Resilience Ratio for Corus Entertainment Inc (2018–2018)
The table below shows the annual Asset Resilience Ratio data for Corus Entertainment Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-08-31 | -0.89% | CA$-43.42 Million ≈ $-31.41 Million |
CA$4.88 Billion ≈ $3.53 Billion |
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About Corus Entertainment Inc
Corus Entertainment Inc., a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. It operates through two segments, Television and Radio. The Television segment operates specialty television networks, conventional television stations, digital and streaming platforms, social digital agency, and social media creator net… Read more