Paramount Global Class B (PARA)
Quick 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 | 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | 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 |
| Quick 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
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 has shown varied trends over the analyzed period. The ratio was at a low of 0.07 as of March 31, 2020, indicating a relatively weak ability to meet short-term obligations with its most liquid assets. Subsequently, the ratio improved steadily to 0.66 by December 31, 2021, suggesting a strengthening liquidity position.
However, from that point, the quick ratio experienced some fluctuations, dropping to 0.26 by June 30, 2022, before recovering slightly to 0.28 by December 31, 2024. These fluctuations may indicate changes in the company's ability to quickly cover its current liabilities with its most liquid assets. It is essential for the company to monitor its quick ratio over time to ensure it maintains a healthy liquidity position to meet short-term obligations effectively.
Peer comparison
Dec 31, 2024