Paramount Skydance Corporation Class B Common Stock (PSKY)

Financial leverage ratio

		Jun 30, 2025	Mar 31, 2025	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
Total assets	US$ in thousands	44,926,000	45,396,000	46,172,000	46,250,000	45,890,000	52,027,000	53,543,000	54,640,000	55,361,000	56,561,000	58,393,000	57,287,000	56,961,000	58,043,000	58,620,000	55,912,000	55,204,000	54,773,000	52,663,000	51,425,000
Total stockholders’ equity	US$ in thousands	16,705,000	16,538,000	16,320,000	16,628,000	16,497,000	21,894,000	22,526,000	21,864,000	21,655,000	21,851,000	23,036,000	22,647,000	22,776,000	22,664,000	22,402,000	20,559,000	20,098,000	19,171,000	15,371,000	14,556,000
Financial leverage ratio		2.69	2.74	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

June 30, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $44,926,000K ÷ $16,705,000K
= 2.69

The financial leverage ratio of Paramount Skydance Corporation Class B Common Stock has exhibited a general declining trend from September 30, 2020, through December 31, 2024, reflecting a gradual reduction in leverage over this period. Specifically, the ratio decreased from approximately 3.53 in September 2020 to approximately 2.38 at the end of 2024, indicating a steady de-leveraging process. The decline suggests that the company has been gradually decreasing its reliance on debt relative to its equity, potentially improving its financial stability and reducing its financial risk profile during this timeframe.

Between December 31, 2024, and June 30, 2025, the ratio modestly increased to about 2.83, implying a slight uptick in leverage levels, possibly due to increased use of debt or a change in capital structure. However, the ratio remained below its initial levels in 2020, emphasizing an overall trend towards lower leverage.

Throughout the period, the ratio has exhibited minor fluctuations, with some periods of stabilization, notably around the 2.50 to 2.53 range from late 2022 through early 2023. The recent data indicates a slight upward movement in leverage, but overall, the trend has maintained a cautious approach to debt use, demonstrating ongoing efforts to balance leverage and operational stability.

In summary, the company’s financial leverage ratio has generally trended downward over the analyzed period, reflecting a strategic approach to reducing financial risk, albeit with brief episodes of increased leverage.