Paramount Global Class B (PARA)

Fixed asset turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	29,213,000	29,652,000	30,154,000	28,586,000	25,285,000
Property, plant and equipment	US$ in thousands	—	—	1,762,000	13,358,000	10,363,000
Fixed asset turnover		—	—	17.11	2.14	2.44

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $29,213,000K ÷ $—K
= —

Paramount Global Class B's fixed asset turnover has exhibited fluctuations over the years. The ratio was 2.44 as of December 31, 2020, indicating that the company generated $2.44 in revenue for each dollar of fixed assets invested. The ratio decreased to 2.14 by December 31, 2021, suggesting a potential decrease in efficiency in utilizing fixed assets to generate revenue.

The significant spike in fixed asset turnover to 17.11 by December 31, 2022, is noteworthy and indicates a sharp increase in revenue generated per dollar of fixed assets invested. This may suggest improved operational efficiency, asset utilization, or an adjustment in the asset base.

The absence of data for December 31, 2023, and December 31, 2024, indicates a lack of financial information for those periods, making it difficult to assess the trend in fixed asset turnover during those years.

Overall, Paramount Global Class B's fixed asset turnover has varied, and further analysis of the underlying reasons for these fluctuations would be necessary to provide a more comprehensive evaluation of the company's operational performance and asset utilization efficiency.