Paramount Global Class B (PARA)
Current 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total current assets | US$ in thousands | 12,542,000 | 11,925,000 | 11,679,000 | 11,932,000 | 12,703,000 | 12,711,000 | 12,459,000 | 12,657,000 | 13,734,000 | 13,524,000 | 14,182,000 | 15,354,000 | 16,676,000 | 14,798,000 | 15,254,000 | 15,487,000 | 13,779,000 | 13,157,000 | 12,439,000 | 10,406,000 |
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 |
Current ratio | 1.30 | 1.27 | 1.30 | 1.29 | 1.32 | 1.26 | 1.17 | 1.12 | 1.23 | 1.31 | 1.47 | 1.58 | 1.76 | 1.66 | 1.78 | 1.78 | 1.66 | 1.69 | 1.56 | 1.22 |
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 fluctuated over the past few years, ranging from a low of 1.12 on March 31, 2023, to a high of 1.78 on both March 31, 2021, and June 30, 2021. The current ratio measures the company's ability to cover its short-term liabilities with its short-term assets. A current ratio below 1 indicates that the company may have difficulty meeting its short-term obligations.
Overall, Paramount Global Class B has maintained a current ratio above 1 throughout the period, indicating that the company has generally been able to meet its short-term obligations using its current assets. However, there has been some fluctuation in the ratio, which may suggest changes in the company's liquidity position or management of its current assets and liabilities. It is important for investors and stakeholders to monitor these fluctuations to assess the company's short-term financial health.
Peer comparison
Dec 31, 2024