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
Paramount: Skydance Merger Set To Unlock Hidden Asset Value
Nov 07Paramount Global: A Lot Of Uncertainties, But There's Value To Be Had
Oct 03Paramount: Putting Out A Forest Fire With A Squirt Gun Won't Work Anymore
Sep 07Paramount: Melting Ice Cube
Aug 19Paramount Global: Downgrading Amid A Complex Skydance Merger
Jul 17Paramount Global: A Preview Of What Is Likely To Come
Jul 10Everything You Need To Know About The Potential Paramount-Skydance Merger
Jul 03Paramount: A Bronfman Deal May Appeal To Shari On Similar Business Experience
Jun 12Paramount: Unpacking The Skydance Merger Proposal
Jun 03Paramount Global (NASDAQ:PARA) Is Paying Out A Dividend Of $0.05
May 28
Paramount Takeover Talks: Sony-Apollo Deal Closure Could Lead To Large Gains
May 20Paramount's Sale Still A 'Twilight Zone' Mess
May 06Paramount Global (NASDAQ:PARA) Has Announced A Dividend Of $0.05
May 02Paramount: Potential Rescue With Sony Bid
Apr 19Paramount Global (NASDAQ:PARA) Will Pay A Dividend Of $0.05
Apr 14Paramount Global Voting-Stock Premium Suggests A Takeover Is Near
Apr 03Paramount: Our Panel's Top 5 Reasons Why Shari May Be Slow Walking A Deal
Mar 18Financial 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).