Paramount Global Class B (PARA)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 12,542,000 | 12,703,000 | 13,734,000 | 16,676,000 | 13,779,000 |
| Total current liabilities | US$ in thousands | 9,631,000 | 9,656,000 | 11,191,000 | 9,479,000 | 8,296,000 |
| Current ratio | 1.30 | 1.32 | 1.23 | 1.76 | 1.66 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $12,542,000K ÷ $9,631,000K
= 1.30
Paramount Global Class B's current ratio has shown a generally positive trend over the past five years. Starting at 1.66 in December 31, 2020, the ratio increased to 1.76 by December 31, 2021, indicating improved short-term liquidity. However, there was a slight decrease to 1.23 by December 31, 2022, suggesting a potential strain on the company's ability to meet its short-term obligations. The ratio rebounded to 1.32 by December 31, 2023, although it still remained below the 2021 level. By December 31, 2024, the current ratio decreased slightly to 1.30, indicating that the company may still have some room for improvement in managing its current assets and liabilities to ensure continued financial stability.
Peer comparison
Dec 31, 2024