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Paramount Global (Paramount Global) Debt-to-Equity : 0.70 (As of Dec. 2023)


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What is Paramount Global Debt-to-Equity?

Paramount Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1 Mil. Paramount Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15,857 Mil. Paramount Global's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $22,526 Mil. Paramount Global's debt to equity for the quarter that ended in Dec. 2023 was 0.70.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Paramount Global's Debt-to-Equity or its related term are showing as below:

PARA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.7   Med: 1.45   Max: 5.14
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of Paramount Global was 5.14. The lowest was 0.70. And the median was 1.45.

PARA's Debt-to-Equity is ranked worse than
69.86% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs PARA: 0.70

Paramount Global Debt-to-Equity Historical Data

The historical data trend for Paramount Global's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Paramount Global Debt-to-Equity Chart

Paramount Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.39 0.86 0.75 0.70

Paramount Global Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.79 0.79 0.78 0.70

Competitive Comparison of Paramount Global's Debt-to-Equity

For the Entertainment subindustry, Paramount Global's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Paramount Global's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Paramount Global's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Paramount Global's Debt-to-Equity falls into.



Paramount Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Paramount Global's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Paramount Global's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Paramount Global  (NAS:PARA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Paramount Global Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Paramount Global's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Paramount Global (Paramount Global) Business Description

Address
1515 Broadway, New York, NY, USA, 10036
Paramount Global is the rebranded recombination of CBS and Viacom that has created a media conglomerate with global scale. CBS contributed Showtime in addition to its television assets--the CBS television network, 28 local TV stations, and 50% of CW, a joint venture between CBS and WarnerMedia. Viacom brought several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Mission: Impossible and Transformers series. Paramount operates a number of streaming services, most notably Paramount+ and Pluto TV.
Executives
Dawn Ostroff director 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 91405
Sumner M. Redstone National Amusements Part B General Trust director, 10 percent owner 846 UNIVERSITY AVENUE, NORWORD MA 02062
National Amusements Inc /md/ director, 10 percent owner 846 UNIVERSITY AVENUE, NORWOOD MA 02062
Naveen K. Chopra officer: EVP, Chief Financial Officer C/O 2160 GOLD STREET, SAN JOSE CA 95002
Linda M Griego director SOUTHWEST WATER CO, 624 SO. GRAND, STE 2900, LOS ANGELES CA 90017
Phillips Jr Charles E director 113 WEST 88TH STREET, NEW YORK NY 10024
Shari Redstone director, officer: Vice Chair C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Frederick Terrell director 17 STATE STREET, NEW YORK NY 10004
Nicole Seligman director C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Christina Spade officer: EVP, Chief Financial Officer 11 PENN PLAZA, NEW YORK NY 10001
Barbara M Byrne director C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Christa A Dalimonte officer: EVP, General Counsel & Secy C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Ronald L Nelson director
Judith Mchale director C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Robert M Bakish director, officer: President and CEO AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803