Paramount Global Class B (PARA)

Quick ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash US$ in thousands 2,661,000 2,460,000 2,885,000 6,267,000 2,984,000
Short-term investments US$ in thousands
Receivables US$ in thousands
Total current liabilities US$ in thousands 9,631,000 9,656,000 11,191,000 9,479,000 8,296,000
Quick ratio 0.28 0.25 0.26 0.66 0.36

December 31, 2024 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($2,661,000K + $—K + $—K) ÷ $9,631,000K
= 0.28

The Quick Ratio of Paramount Global Class B, a measure of its ability to meet its short-term financial obligations with its most liquid assets, has shown fluctuations over the past five years.

As of December 31, 2020, the Quick Ratio stood at 0.36, indicating that the company had $0.36 in liquid assets available to cover each dollar of its current liabilities. Over the next year, the ratio improved to 0.66 by December 31, 2021, suggesting a stronger liquidity position.

However, there was a notable decline in the Quick Ratio to 0.26 by December 31, 2022, potentially signaling a strain on the company's short-term financial health. This downward trend continued in the following years, with ratios of 0.25 and 0.28 for December 31, 2023, and December 31, 2024, respectively.

The decreasing trend in the Quick Ratio raises concerns about Paramount Global Class B's ability to efficiently meet its current obligations using its quick assets. Further analysis of the company's liquidity management practices and potential strategies to improve its liquidity position may be warranted to ensure financial stability in the future.


Peer comparison

Dec 31, 2024


See also:

Paramount Global Class B Quick Ratio