Paramount Global Class B (PARA)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 16,320,000 | 22,526,000 | 23,036,000 | 22,402,000 | 15,371,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $16,320,000K
= 0.00
The debt-to-equity ratio of Paramount Global Class B has been consistently at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has either no debt or a negligible amount of debt in relation to its equity. This signifies a strong financial position with low financial risk as the company is not relying heavily on borrowing to finance its operations or growth. Investors and creditors may view this ratio favorably as it suggests a stable and well-capitalized company.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
Paramount Global Class B
PARA
0.00
Fox Corp Class A
FOXA
0.62
Fox Corp Class B
FOX
0.62
Nexstar Broadcasting Group Inc
NXST
0.00
Tegna Inc
TGNA
0.00