Paramount Global Balance Sheet Health
Financial Health criteria checks 2/6
Paramount Global has a total shareholder equity of $22.3B and total debt of $14.6B, which brings its debt-to-equity ratio to 65.4%. Its total assets and total liabilities are $52.0B and $29.7B respectively. Paramount Global's EBIT is $2.3B making its interest coverage ratio 3. It has cash and short-term investments of $2.4B.
Key information
65.4%
Debt to equity ratio
US$14.61b
Debt
Interest coverage ratio | 3x |
Cash | US$2.38b |
Equity | US$22.34b |
Total liabilities | US$29.69b |
Total assets | US$52.03b |
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 ($9.2B).
Long Term Liabilities: PARA's short term assets ($11.9B) do not cover its long term liabilities ($20.4B).
Debt to Equity History and Analysis
Debt Level: PARA's net debt to equity ratio (54.7%) is considered high.
Reducing Debt: PARA's debt to equity ratio has reduced from 214.5% to 65.4% over the past 5 years.
Debt Coverage: PARA's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: PARA's interest payments on its debt are not well covered by EBIT (3x coverage).