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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 creator network, technology and media services, and content business, which includes the production and distribution of films and television programs, merchandise licensing, and book publishing. The Radio segment is comprised of around 39 radio stations situated primarily in high-growth urban centres in English Canada, with a concentration in the densely populated area of Southern Ontario. The Company's primary method of distribution is over-the-air, analogue radio transmission, with additional delivery platforms including HD radio, websites, mobile applications and podcasts.


TSX:CJR.B - Post by User

Bullboard Posts
Comment by Hillsvilleon Jun 16, 2019 1:54am
61 Views
Post# 29829826

RE:RE:Operating Cash Not Sufficient To Cover Debt.

RE:RE:Operating Cash Not Sufficient To Cover Debt. The title of the this original post is misleading.

Operating cash flow to total debt does NOT represent insufficient cf to cover debt.  

This guy is misleading others by saying that your “annual income is insufficient to cover the mortgage balance on your house”. The debt  or mortgage in this case is being amortized or spread among “x” numbers of years. 

And in the case of Corus, that merely indicates it will fully pay off all the debt so in approximately 5 to 6 years based on historical income cash flow. Liquidity test is based on annual Pricipal and Interest repayment. And Corus has NO liquidity risk and they have the ability in putting extra down to reduce principal amount owed to the banks or lenders. 
Bullboard Posts