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


See also:

Paramount Global Class B Current Ratio (Quarterly Data)