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
Recent updates
Paramount Global (NASDAQ:PARA) Has Announced A Dividend Of $0.05
May 02
Paramount: 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 18Investors Don't See Light At End Of Paramount Global's (NASDAQ:PARA) Tunnel And Push Stock Down 29%
Mar 05Paramount: 3 Surprises From The Q4 Call
Feb 29Paramount Global (NASDAQ:PARA) Shares Could Be 27% Below Their Intrinsic Value Estimate
Feb 16Buffett's Berkshire Trims Paramount: Should You Sell, Too?
Feb 15Paramount: Bidding War And Short Squeezes Ahead
Jan 31Paramount Potential M&A: Warner Bros. Discovery, Skydance, Apollo - Oh My!
Jan 22Paramount: Skydance Move Could Lead To A Mess, But Timing Is Good
Jan 15At US$13.33, Is It Time To Put Paramount Global (NASDAQ:PARA) On Your Watch List?
Jan 14Investors Aren't Entirely Convinced By Paramount Global's (NASDAQ:PARA) Revenues
Dec 27Is There An Opportunity With Paramount Global's (NASDAQ:PARA) 41% Undervaluation?
Nov 12These 4 Measures Indicate That Paramount Global (NASDAQ:PARA) Is Using Debt In A Risky Way
Oct 25Financial 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).