Paramount Total Current Liabilities vs Common Stock Analysis

PARAA Stock  USD 20.67  0.04  0.19%   
Paramount Global financial indicator trend analysis is much more than just breaking down Paramount Global Class prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paramount Global Class is a good investment. Please check the relationship between Paramount Global Total Current Liabilities and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paramount Global Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Total Current Liabilities vs Common Stock

Total Current Liabilities vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paramount Global Class Total Current Liabilities account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Paramount Global's Total Current Liabilities and Common Stock is -0.5. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock in the same time period over historical financial statements of Paramount Global Class, assuming nothing else is changed. The correlation between historical values of Paramount Global's Total Current Liabilities and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Paramount Global Class are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Liabilities i.e., Paramount Global's Total Current Liabilities and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Paramount Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Paramount Global Class are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock

Most indicators from Paramount Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paramount Global Class current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paramount Global Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At present, Paramount Global's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 3,988, whereas Selling General Administrative is forecasted to decline to about 4.5 B.
 2021 2022 2023 2024 (projected)
Total Revenue28.6B30.2B29.7B17.1B
Depreciation And Amortization390M976M418M520.8M

Paramount Global fundamental ratios Correlations

0.90.950.970.930.90.830.730.81.00.890.80.950.410.910.87-0.40.950.97-0.24-0.20.840.050.17-0.53-0.17
0.90.830.910.720.80.970.710.670.870.80.670.960.130.980.68-0.530.980.950.0-0.360.60.060.51-0.46-0.15
0.950.830.920.90.870.770.810.760.970.940.760.860.40.820.91-0.480.870.89-0.26-0.30.920.110.18-0.5-0.12
0.970.910.920.90.840.850.720.720.960.870.720.970.330.90.86-0.430.950.96-0.12-0.250.830.050.27-0.5-0.15
0.930.720.90.90.830.60.70.810.940.810.810.820.630.720.93-0.330.790.87-0.45-0.090.890.16-0.07-0.4-0.03
0.90.80.870.840.830.760.620.640.910.70.640.820.570.820.72-0.290.840.82-0.26-0.020.750.040.17-0.5-0.14
0.830.970.770.850.60.760.630.480.80.720.480.920.030.950.58-0.50.940.860.15-0.350.53-0.020.6-0.48-0.19
0.730.710.810.720.70.620.630.710.730.810.710.640.420.590.83-0.890.650.71-0.37-0.70.760.630.440.080.44
0.80.670.760.720.810.640.480.710.770.791.00.660.420.650.75-0.450.690.84-0.5-0.310.660.290.0-0.250.05
1.00.870.970.960.940.910.80.730.770.890.770.930.450.880.88-0.390.930.94-0.26-0.170.870.050.13-0.54-0.17
0.890.80.940.870.810.70.720.810.790.890.790.810.220.790.86-0.550.830.87-0.23-0.470.860.130.19-0.44-0.11
0.80.670.760.720.810.640.480.711.00.770.790.660.420.650.75-0.450.690.84-0.5-0.310.660.290.0-0.250.05
0.950.960.860.970.820.820.920.640.660.930.810.660.20.950.76-0.380.980.96-0.02-0.20.7-0.050.34-0.56-0.25
0.410.130.40.330.630.570.030.420.420.450.220.420.20.110.53-0.170.180.27-0.690.150.540.47-0.290.170.44
0.910.980.820.90.720.820.950.590.650.880.790.650.950.110.63-0.360.990.940.02-0.210.58-0.110.39-0.6-0.31
0.870.680.910.860.930.720.580.830.750.880.860.750.760.530.63-0.530.720.8-0.41-0.340.930.280.07-0.280.1
-0.4-0.53-0.48-0.43-0.33-0.29-0.5-0.89-0.45-0.39-0.55-0.45-0.38-0.17-0.36-0.53-0.4-0.440.20.89-0.43-0.78-0.67-0.4-0.64
0.950.980.870.950.790.840.940.650.690.930.830.690.980.180.990.72-0.40.97-0.02-0.230.67-0.060.36-0.58-0.27
0.970.950.890.960.870.820.860.710.840.940.870.840.960.270.940.8-0.440.97-0.18-0.270.720.060.27-0.5-0.17
-0.240.0-0.26-0.12-0.45-0.260.15-0.37-0.5-0.26-0.23-0.5-0.02-0.690.02-0.410.2-0.02-0.180.05-0.37-0.490.38-0.23-0.42
-0.2-0.36-0.3-0.25-0.09-0.02-0.35-0.7-0.31-0.17-0.47-0.31-0.20.15-0.21-0.340.89-0.23-0.270.05-0.25-0.63-0.67-0.39-0.52
0.840.60.920.830.890.750.530.760.660.870.860.660.70.540.580.93-0.430.670.72-0.37-0.250.2-0.02-0.340.01
0.050.060.110.050.160.04-0.020.630.290.050.130.29-0.050.47-0.110.28-0.78-0.060.06-0.49-0.630.20.320.80.96
0.170.510.180.27-0.070.170.60.440.00.130.190.00.34-0.290.390.07-0.670.360.270.38-0.67-0.020.320.190.28
-0.53-0.46-0.5-0.5-0.4-0.5-0.480.08-0.25-0.54-0.44-0.25-0.560.17-0.6-0.28-0.4-0.58-0.5-0.23-0.39-0.340.80.190.92
-0.17-0.15-0.12-0.15-0.03-0.14-0.190.440.05-0.17-0.110.05-0.250.44-0.310.1-0.64-0.27-0.17-0.42-0.520.010.960.280.92
Click cells to compare fundamentals

Paramount Global Account Relationship Matchups

Paramount Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.5B52.7B58.6B58.4B53.5B41.1B
Short Long Term Debt Total20.6B21.3B19.3B17.3B15.9B10.1B
Other Current Liab6.9B6.7B7.6B8.6B7.8B8.2B
Total Current Liabilities9.0B8.3B9.5B11.2B9.7B5.6B
Total Stockholder Equity13.2B15.4B22.4B23.0B22.5B14.0B
Property Plant And Equipment Net4.0B3.6B3.4B3.2B2.8B3.2B
Net Debt20.0B18.3B13.0B14.4B13.4B9.0B
Retained Earnings8.5B10.4B14.3B14.7B13.8B14.5B
Cash632M3.0B6.3B2.9B2.5B2.6B
Non Current Assets Total37.6B38.9B41.9B44.7B40.8B34.1B
Non Currrent Assets Other9.8B12.2B15.5B17.6B14.3B15.1B
Cash And Short Term Investments632M3.0B6.3B2.9B2.5B2.6B
Net Receivables7.2B7.0B7.0B7.4B7.1B3.7B
Common Stock Shares Outstanding617M618M655M650M652M649.8M
Liabilities And Stockholders Equity49.5B52.7B58.6B58.4B53.5B41.1B
Non Current Liabilities Total27.2B28.3B26.2B23.6B20.8B15.7B
Other Current Assets787M769M1.2B1.3B1.7B1.1B
Other Stockholder Equity6.7B6.8B10.0B10.1B10.3B9.7B
Total Liab36.2B36.6B35.7B34.8B30.5B21.4B
Total Current Assets11.9B13.8B16.7B13.7B12.7B8.0B
Short Term Debt717M16M11M239M1M950K
Intangible Assets3.0B2.8B2.8B2.7B2.6B2.5B
Accounts Payable667M571M800M1.4B1.1B1.2B
Current Deferred Revenue739M978M1.1B973M746M865.2M
Inventory2.9B1.8B1.5B1.3B1.4B1.2B
Accumulated Other Comprehensive Income(2.0B)(1.8B)(1.9B)(1.8B)(1.6B)(1.5B)
Good Will17.0B16.6B16.6B16.5B16.5B13.5B
Other Liab7.3B6.8B6.8B6.6B5.9B5.6B
Net Tangible Assets(15.0B)(14.4B)(10.3B)5.6B6.5B6.8B
Other Assets5.0B4.9B5.2B21.9B25.2B26.5B
Long Term Debt18.0B19.7B17.7B367M14.6B10.6B
Net Invested Capital31.9B35.1B40.1B38.9B37.1B36.0B
Short Long Term Debt717M16M11M239M1M950K
Non Current Liabilities Other2.9B2.4B2.3B5.1B1.7B3.0B
Net Working Capital2.9B5.5B7.2B2.5B3.0B4.3B
Property Plant Equipment3.8B3.6B3.4B1.8B1.6B2.3B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Paramount Global Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paramount Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paramount Global Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paramount Global Class Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paramount Global Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Paramount Global Class information on this page should be used as a complementary analysis to other Paramount Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Paramount Global's price analysis, check to measure Paramount Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paramount Global is operating at the current time. Most of Paramount Global's value examination focuses on studying past and present price action to predict the probability of Paramount Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paramount Global's price. Additionally, you may evaluate how the addition of Paramount Global to your portfolios can decrease your overall portfolio volatility.
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Is Paramount Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paramount Global. If investors know Paramount will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paramount Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
79.876
Dividend Share
0.2
Earnings Share
(1.13)
Revenue Per Share
46.07
Quarterly Revenue Growth
0.058
The market value of Paramount Global Class is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Global's value that differs from its market value or its book value, called intrinsic value, which is Paramount Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paramount Global's market value can be influenced by many factors that don't directly affect Paramount Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paramount Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.