Paramount Global Balance Sheet Health
Financial Health criteria checks 3/6
Paramount Global has a total shareholder equity of $17.1B and total debt of $14.6B, which brings its debt-to-equity ratio to 85.6%. Its total assets and total liabilities are $46.3B and $29.2B respectively. Paramount Global's EBIT is $2.7B making its interest coverage ratio 3.8. It has cash and short-term investments of $2.4B.
Key information
85.6%
Debt to equity ratio
US$14.62b
Debt
| Interest coverage ratio | 3.8x |
| Cash | US$2.44b |
| Equity | US$17.08b |
| Total liabilities | US$29.18b |
| Total assets | US$46.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PARA's short term assets ($11.9B) exceed its short term liabilities ($9.4B).
Long Term Liabilities: PARA's short term assets ($11.9B) do not cover its long term liabilities ($19.8B).
Debt to Equity History and Analysis
Debt Level: PARA's net debt to equity ratio (71.3%) is considered high.
Reducing Debt: PARA's debt to equity ratio has reduced from 185.8% to 85.6% over the past 5 years.
Debt Coverage: PARA's debt is not well covered by operating cash flow (7%).
Interest Coverage: PARA's interest payments on its debt are well covered by EBIT (3.8x coverage).