Paramount Skydance Corporation Class B Common Stock (PSKY)
Quick ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 2,661,000 | 2,460,000 | 2,885,000 | 6,267,000 | 2,984,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | 6,920,000 | 7,115,000 | 7,412,000 | 6,984,000 | 7,017,000 |
| Total current liabilities | US$ in thousands | 9,631,000 | 9,656,000 | 11,191,000 | 9,479,000 | 8,296,000 |
| Quick ratio | 0.99 | 0.99 | 0.92 | 1.40 | 1.21 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($2,661,000K
+ $—K
+ $6,920,000K)
÷ $9,631,000K
= 0.99
The quick ratio of Paramount Skydance Corporation Class B Common Stock demonstrates variability over the specified periods, reflecting its short-term liquidity position. As of December 31, 2020, the quick ratio stood at 1.21, indicating that the company's liquid assets were sufficient to cover its current liabilities by 21%. This ratio increased significantly in 2021 to 1.40, suggesting an improved liquidity position with a greater coverage of short-term obligations by liquid assets.
However, the ratio declined markedly in 2022 to 0.92, falling below the critical threshold of 1.0. This suggests a deterioration in liquidity, where liquid assets became insufficient to fully meet current liabilities, potentially indicating increased short-term financial risk. Moving into 2023 and 2024, the quick ratio stabilized at 0.99 for both years. The ratios nearing 1.0 imply that, while the company's liquidity position improved somewhat after the dip in 2022, it remained marginally below full coverage, highlighting persistent liquidity constraints.
Overall, the trend indicates that Paramount Skydance Corporation experienced a period of liquidity strength in 2021, followed by a decline in 2022, with subsequent stabilization at a level suggesting tight liquidity conditions in the most recent years assessed. This pattern warrants close monitoring, as sustained ratios below 1.0 could imply vulnerability in meeting short-term obligations without additional liquidity sources.
Peer comparison
Dec 31, 2024