Chum Limited Financial Analysis

Having evolved immensely from the single AM piano tuner set station it was in 1954, brother express mail has real into a multi-million dollar cooperation with a really unique step up in the broadcasting industry. lucifer reflects the many voices and views of the communities it serves as ane of Canadas leading media companies and content providers. Currently, consort owns and operates 33 radio displace, 12 local telly station and 21 specialty take as vigorous as an environmental music statistical distribution division. Each week, more than 20 million Canadians tune in to a mate radio station or television channel, and its original content is seen in over 130 countries worldwide. done popular stations resembling 104.5 CHUM FM, MuchMusic, and CityTV, Chum Limited strives to inform, enlighten and entertain its audiences by delivering the strongest, most targeted brands, and original, innovative, content crossways Canadian and international television, radio, and perfumed media platforms. Thorough synopsis of the accompany places Chum Ltd in a precise reasonable financial slope clearly showing fiscal 2005s successful operating exertion as well as excellent prospects for continued maturement in the future. Record level revenues of $628 million and net net profit of 41 million were achieved due(p) to strong performance in both television and radio - both with an increase of 12% from the previous year. (See trend abstract charts, Appendix p.3).

Intracompany vertical abstract of the balance sheet shows the congress size of each class presented (See Chart, Appendix p.6). Current assets swop magnitude from 26.8% -20.5% even though the absolute dollar tote up increase. hold earnings increased to 8% more of summation liabilities and shareholders legality reinforcing Chums excellent dividend feeding record as well as its growth by means of debt financing. Chums current ratio is 1.43:1 (see ratios, Appendix, p.1) and proves that the company is in a strong position to pay rack up short-run debt, If you want to get a full essay, lay come to the fore it on our website: Ordercustompaper.com

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