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Bullboard - Stock Discussion Forum Corus Entertainment Inc. T.CJR.B

Alternate Symbol(s):  CJREF

Corus Entertainment Inc. is a Canada-based diversified, integrated media and content company that develops and delivers brands and content across platforms. The Company operates in two segments: Television and Radio. The Television segment is comprised of over 33 television networks, approximately 15 conventional television stations, digital media assets, a social digital agency, a social media... see more

TSX:CJR.B - Post Discussion

Corus Entertainment Inc. > Also Debt reduced by 0.42 debt/EBITDA to 2.76
View:
Post by SunsetGrill on Oct 22, 2021 4:13pm

Also Debt reduced by 0.42 debt/EBITDA to 2.76

Next qtr should be within their target - so even more FREE CASH
Comment by toppgunn on Oct 22, 2021 11:32pm
This is key at reducing the debt.  Once the debt gets lower this company will start to fly.  The debt situation in 2019, 2020 along with higher dividends put Corus at a weaker financial advantage.  The prudence exibited by management on creating a stronger balance sheet will yield a strong share price going forward.  
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