Paramount Global Class B (PARA)

Solvency ratios

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
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial leverage ratio 2.83 2.78 2.78 2.38 2.38 2.50 2.56 2.59 2.53 2.53 2.50 2.56 2.62 2.72 2.75 2.86 3.43 3.53 3.69 3.65

Paramount Global Class B's solvency ratios, based on the provided data, indicate that the company has maintained a strong financial position with consistently low debt levels compared to its assets and capital.

- Debt-to-assets ratio: The trend shows that the company has maintained a debt-to-assets ratio of 0.00 throughout the periods analyzed. This implies that Paramount Global Class B has no debt in relation to its total assets, indicating a low risk of insolvency.

- Debt-to-capital ratio: Similarly, the debt-to-capital ratio has remained at 0.00 across all the periods reviewed. This signifies that the company has not relied on debt to finance its operations in relation to its total capital, showcasing a conservative financial structure.

- Debt-to-equity ratio: The debt-to-equity ratio has also consistently remained at 0.00 throughout the periods examined. This suggests that Paramount Global Class B's operations have been funded primarily by equity rather than debt, signaling a stable and secure financial position.

- Financial leverage ratio: The financial leverage ratio shows a decreasing trend over the years, indicating that Paramount Global Class B has been reducing its reliance on debt to finance its operations. This decreasing trend suggests improved financial stability and ability to generate profit without taking on excessive debt.

Overall, based on the solvency ratios analyzed, Paramount Global Class B appears to be in a strong financial position with minimal debt levels and a prudent approach to capital structure management.


Coverage ratios

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
Interest coverage -6.18 -5.78 -5.35 0.50 -0.40 -0.63 -0.65 0.31 2.40 4.97 5.26 5.67 6.26 4.67 4.63 4.50 4.32 3.76 4.36 5.16

The interest coverage ratio for Paramount Global Class B has fluctuated over the last few years according to the data provided. The ratio represents the company's ability to meet its interest payments on debt obligations, with a higher ratio indicating a stronger ability to cover interest expenses.

From March 31, 2020, to December 31, 2021, the interest coverage ratio ranged between 3.76 and 6.26, showing a relatively stable performance during this period. This indicates that the company had a comfortable margin to cover its interest payments.

However, starting from March 31, 2022, the interest coverage ratio began to decline and reached a low point of -6.18 by December 31, 2024. A negative interest coverage ratio suggests that the company's operating income was insufficient to cover its interest expenses, which is a cause for concern as it may indicate financial distress.

It is essential for Paramount Global Class B to closely monitor and address the declining trend in the interest coverage ratio to ensure it can meet its debt obligations and maintain financial stability in the future.


See also:

Paramount Global Class B Solvency Ratios (Quarterly Data)