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Corus Entertainment (Corus Entertainment) Total Assets : $1,966 Mil (As of Feb. 2024)


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What is Corus Entertainment Total Assets?

Corus Entertainment's Total Assets for the quarter that ended in Feb. 2024 was $1,966 Mil.

During the past 12 months, Corus Entertainment's average Total Assets Growth Rate was -28.00% per year. During the past 3 years, the average Total Assets Growth Rate was -11.80% per year. During the past 5 years, the average Total Assets Growth Rate was -10.20% per year. During the past 10 years, the average Total Assets Growth Rate was 2.00% per year.

During the past 13 years, Corus Entertainment's highest 3-Year average Total Assets Growth Rate was 42.40%. The lowest was -13.10%. And the median was 1.20%.

Total Assets is connected with ROA %. Corus Entertainment's annualized ROA % for the quarter that ended in Feb. 2024 was -1.45%. Total Assets is also linked to Revenue through Asset Turnover. Corus Entertainment's Asset Turnover for the quarter that ended in Feb. 2024 was 0.11.


Corus Entertainment Total Assets Historical Data

The historical data trend for Corus Entertainment's Total 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 Total Assets Chart

Corus Entertainment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,520.15 3,001.65 3,061.05 2,711.53 2,037.44

Corus Entertainment Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total 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 2,718.19 2,219.87 2,037.44 2,029.08 1,965.55

Corus Entertainment Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Corus Entertainment's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets=Total Equity (A: Aug. 2023 )+Total Liabilities (A: Aug. 2023 )
=340.555+1696.885
=2,037

Corus Entertainment's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (Q: Feb. 2024 )+Total Liabilities (Q: Feb. 2024 )
=344.722+1620.824
=1,966

* 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  (OTCPK:CJREF) Total Assets Explanation

Total Assets is connected with ROA %.

Corus Entertainment's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-28.976/( (2029.081+1965.547)/ 2 )
=-28.976/1997.314
=-1.45 %

Note: The Net Income data used here is four times the quarterly (Feb. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Corus Entertainment's Asset Turnover for the quarter that ended in Feb. 2024 is

Asset Turnover
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=221.879/( (2029.081+1965.547)/ 2 )
=221.879/1997.314
=0.11

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Corus Entertainment Total 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.