Paramount Global Class B (PARA)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 2,661,000 | 2,460,000 | 2,885,000 | 6,267,000 | 2,984,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 9,631,000 | 9,656,000 | 11,191,000 | 9,479,000 | 8,296,000 |
| Cash ratio | 0.28 | 0.25 | 0.26 | 0.66 | 0.36 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($2,661,000K
+ $—K)
÷ $9,631,000K
= 0.28
The cash ratio for Paramount Global Class B has fluctuated over the past five years. Starting at 0.36 on December 31, 2020, the ratio increased to 0.66 by December 31, 2021, indicating a significant improvement in the company's ability to cover its current liabilities with cash and cash equivalents. However, in the following years, the cash ratio decreased to 0.26 on December 31, 2022, 0.25 on December 31, 2023, and then increased slightly to 0.28 by December 31, 2024.
The declining trend in the cash ratio from 2021 to 2024 suggests that Paramount Global Class B may be facing challenges in maintaining sufficient liquid assets to meet its short-term obligations. It is important to monitor the cash management practices of the company closely to ensure its financial stability and liquidity position.
Peer comparison
Dec 31, 2024