Paramount Skydance Corporation Class B Common Stock (PSKY)

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

The financial leverage ratio of Paramount Skydance Corporation Class B Common Stock reflects the company's degree of financial leverage over the period from December 31, 2020, to December 31, 2024. At the close of 2020, the ratio stood at 3.43, indicating a relatively high level of debt relative to equity, and suggesting the company employed significant leverage to finance its assets. Over the subsequent years, this ratio decreased systematically, reaching 2.62 at the end of 2021 and further declining to 2.53 at the close of 2022, and then to 2.38 at the end of 2023. This downward trend implies a reduction in reliance on debt financing and a possible shift toward a more conservative capital structure during this period. However, in 2024, the ratio increased again to 2.83, indicating a resurgence in leverage levels, potentially due to increased borrowing or restructuring of capital. Overall, the company's financial leverage ratio demonstrates variability over the analyzed period, with an overarching trajectory suggesting initial deleveraging followed by a modest increase in leverage in the latter year.