Paramount Global (BSP:C1BS34) Debt-to-Equity : 0.72 (As of Mar. 2024)

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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 Mar. 2024 was R$5 Mil. Paramount Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$78,711 Mil. Paramount Global's Total Stockholders Equity for the quarter that ended in Mar. 2024 was R$109,028 Mil. Paramount Global's debt to equity for the quarter that ended in Mar. 2024 was 0.72.

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:

BSP:C1BS34' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69 Med: 1.49 Max: 5.14
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Paramount Global was 5.14. The lowest was 0.69. And the median was 1.49.

BSP:C1BS34's Debt-to-Equity is ranked worse than
70.01% of 847 companies
in the Media - Diversified industry
Industry Median: 0.28 vs BSP:C1BS34: 0.72

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

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1.55

1.39

0.86

0.75

0.70

Paramount Global Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.79	0.79	0.78	0.70	0.72

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.9	+	77696.129)	/	110372.895
	=	0.70

Paramount Global's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.98	+	78710.719)	/	109027.741
	=	0.72

Paramount Global (BSP:C1BS34) 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

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Paramount Global (BSP:C1BS34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Paramount Global (BSP:C1BS34) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PARAP.PFD:USA PARAA:USA PARA:USA PARA:Peru PARA:Mexico 0HQM:UK 0VVB:Germany PARA:Austria

Address

1515 Broadway, New York, NY, USA, 10036

Website

https://www.paramount.com

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.

Paramount Global (BSP:C1BS34) Headlines

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