Paramount Global

Paramount Globalverified

PARAP

Price:

$13.74

Market Cap:

$7.44B

Paramount Global operates as a media and entertainment company worldwide. The company distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; acquires or develops, and schedules programming on the CBS Television Network that includes primetime comedies and dramas, reality, specials, kids' programs, daytime dramas, game shows, and late night programs; produces or distributes talk shows, court shows, game shows, and newsmagazines; owns and operates 29 broadcast television stations; and operates CBS Sports Network, a 24-hour cable channel that provides sports and related content, as well as streaming and cable subscription services. It also operat...[Read more]

Industry

Entertainment

IPO Date

2021-03-25

Stock Exchange

NASDAQ

Ticker

PARAP

The Current Ratio as of September 2024 (TTM) for Paramount Global (PARAP) is 1.30

According to Paramount Global’s latest financial reports and current stock price. The company's current Current Ratio is 1.30. This represents a change of 0.37% compared to the average of 1.29 of the last 4 quarters.

Paramount Global (PARAP) Historical Current Ratio (quarterly & annually)

How has PARAP Current Ratio performed in the past?

The mean historical Current Ratio of Paramount Global over the last ten years is 1.50. The current 1.30 Current Ratio has changed 8.56% with respect to the historical average. Over the past ten years (40 quarters), PARAP's Current Ratio was at its highest in in the March 2021 quarter at 1.78. The Current Ratio was at its lowest in in the March 2023 quarter at 1.12.

Quarterly (TTM)
Annual

Average

1.50

Median

1.53

Minimum

1.23

Maximum

1.76

Paramount Global (PARAP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Paramount Global Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 26.26%

Maximum Annual Current Ratio = 1.76

Minimum Annual Increase = -30.24%

Minimum Annual Current Ratio = 1.23

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.327.20%
20221.23-30.24%
20211.765.92%
20201.6626.26%
20191.32-10.91%
20181.48-6.51%
20171.58-3.41%
20161.641.29%
20151.6116.49%
20141.398.57%

Paramount Global (PARAP) Average Current Ratio

How has PARAP Current Ratio performed in the past?

The current Current Ratio of Paramount Global (PARAP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.43

5-year avg

1.46

10-year avg

1.50

Paramount Global (PARAP) Current Ratio vs. Peers

How is PARAP’s Current Ratio compared to its peers?

Paramount Global’s Current Ratio is less than Paramount Global (1.30), less than Qurate Retail, Inc. (1.34), less than Harbor Custom Development, Inc. (6.27), greater than AT&T Inc. (0.58), greater than Chicken Soup for the Soul Entertainment, Inc. (0.30),

Build a custom stock screener for Paramount Global (PARAP) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Paramount Global using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Paramount Global (PARAP) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Paramount Global or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Paramount Global's Current Ratio?

How is the Current Ratio calculated for Paramount Global (PARAP)?

What is the highest Current Ratio for Paramount Global (PARAP)?

What is the 3-year average Current Ratio for Paramount Global (PARAP)?

What is the 5-year average Current Ratio for Paramount Global (PARAP)?

How does the current Current Ratio for Paramount Global (PARAP) compare to its historical average?