Paramount Global Class B (PARA)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 46,172,000 | 53,543,000 | 58,393,000 | 58,620,000 | 52,663,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $46,172,000K
= 0.00
Paramount Global Class B has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used debt as a source of financing for its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are primarily financed through equity or other non-debt sources. This may indicate a strong financial position and lower financial risk associated with potential debt obligations. However, it's important to consider other financial metrics and factors to gain a holistic view of the company's financial health.
Peer comparison
Dec 31, 2024