Paramount Global Class B (PARA)
Cash ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 2,661,000 | 2,443,000 | 2,315,000 | 2,384,000 | 2,460,000 | 1,804,000 | 1,714,000 | 2,109,000 | 2,885,000 | 3,383,000 | 4,037,000 | 5,302,000 | 6,267,000 | 4,823,000 | 5,375,000 | 5,499,000 | 2,984,000 | 3,086,000 | 2,288,000 | 589,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 9,631,000 | 9,354,000 | 9,006,000 | 9,244,000 | 9,656,000 | 10,050,000 | 10,670,000 | 11,295,000 | 11,191,000 | 10,326,000 | 9,636,000 | 9,723,000 | 9,479,000 | 8,913,000 | 8,586,000 | 8,701,000 | 8,296,000 | 7,763,000 | 7,985,000 | 8,531,000 |
| Cash ratio | 0.28 | 0.26 | 0.26 | 0.26 | 0.25 | 0.18 | 0.16 | 0.19 | 0.26 | 0.33 | 0.42 | 0.55 | 0.66 | 0.54 | 0.63 | 0.63 | 0.36 | 0.40 | 0.29 | 0.07 |
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 of Paramount Global Class B has exhibited fluctuating trends over the observed periods. The ratio started at 0.07 as of March 31, 2020, indicating that only 7% of current liabilities could be covered by cash. The ratio steadily increased to 0.63 by March 31, 2021, reaching its peak during this period.
Subsequently, the cash ratio fluctuated between 0.42 and 0.66 from June 30, 2021, to December 31, 2021, showing some variability in the company's ability to cover current liabilities with its cash holdings.
From March 31, 2022, to December 31, 2024, the cash ratio displayed a declining trend overall, dropping from 0.55 to 0.28 as of December 31, 2024. This downward trend may suggest potential liquidity challenges or changes in cash management strategies within Paramount Global Class B during these periods.
Overall, the cash ratio trends indicate varying levels of liquidity and ability to cover short-term obligations with available cash reserves over the observed periods. Further analysis of the company's cash management practices and financial position may provide insights into the factors driving these fluctuations in the cash ratio.
Peer comparison
Dec 31, 2024