Paramount Global Class B (PARA)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 46,172,000 | 53,543,000 | 58,393,000 | 58,620,000 | 52,663,000 |
| Total stockholders’ equity | US$ in thousands | 16,320,000 | 22,526,000 | 23,036,000 | 22,402,000 | 15,371,000 |
| Financial leverage ratio | 2.83 | 2.38 | 2.53 | 2.62 | 3.43 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $46,172,000K ÷ $16,320,000K
= 2.83
Paramount Global Class B's financial leverage ratio has shown a decreasing trend over the past five years, declining from 3.43 in 2020 to 2.83 in 2024. This indicates that the company has been reducing its reliance on debt to finance its operations and investments. The decreasing trend in the financial leverage ratio suggests improved financial health and risk management practices, as lower leverage ratios typically signify lower financial risk and greater ability to meet financial obligations. However, the slight increase in the ratio in 2024 compared to 2023 may warrant further monitoring to ensure that Paramount Global Class B's debt levels remain sustainable.
Peer comparison
Dec 31, 2024