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Corus Entertainment (Corus Entertainment) Scaled Net Operating Assets : 0.54 (As of Feb. 2024)


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What is Corus Entertainment Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Corus Entertainment's operating assets for the quarter that ended in Feb. 2024 was $1,920 Mil. Corus Entertainment's operating liabilities for the quarter that ended in Feb. 2024 was $834 Mil. Corus Entertainment's Total Assets for the quarter that ended in Nov. 2023 was $2,029 Mil. Therefore, Corus Entertainment's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.54.


Corus Entertainment Scaled Net Operating Assets Historical Data

The historical data trend for Corus Entertainment's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Corus Entertainment Scaled Net Operating Assets Chart

Corus Entertainment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.57 0.71 0.57 0.44

Corus Entertainment Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.44 0.54 0.54 0.54

Competitive Comparison of Corus Entertainment's Scaled Net Operating Assets

For the Entertainment subindustry, Corus Entertainment's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Corus Entertainment's Scaled Net Operating Assets Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Corus Entertainment's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Corus Entertainment's Scaled Net Operating Assets falls into.



Corus Entertainment Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Corus Entertainment's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2023 )
=(Operating Assets (A: Aug. 2023 )-Operating Liabilities (A: Aug. 2023 ))/Total Assets (A: Aug. 2022 )
=(1995.77-792.843)/2711.527
=0.44

where

Operating Assets(A: Aug. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2037.44 - 41.67
=1995.77

Operating Liabilities(A: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1696.885 - 883.439 - 20.603
=792.843

Corus Entertainment's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Nov. 2023 )
=(1919.988-833.523)/2029.081
=0.54

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1965.547 - 45.559
=1919.988

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1620.824 - 774.3 - 13.001
=833.523

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Corus Entertainment Scaled Net Operating Assets Related Terms

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Corus Entertainment (Corus Entertainment) Business Description

Traded in Other Exchanges
Address
25 Dockside Drive, Corus Quay, Toronto, ON, CAN, M5A 0B5
Corus Entertainment Inc is a media and content company that operates in the diversified media industry. The company has two business segments, which includes television, and radio. The television business segment has a portfolio of television channels. The radio business segment controls a number of stations that cater to the music, news, and talk radio markets. Television segment is the key revenue driver for the group. The company generates the vast majority of its revenue in Canada.