Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Paramount Global, liquidity ratios (quarterly data)
Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Paramount Global current ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Paramount Global quick ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Paramount Global cash ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023. |
Current Ratio
Paramount Global, current ratio calculation (quarterly data)
| Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Current assets | 12,657) | 13,734) | 13,524) | 14,182) | 15,354) | 16,676) | 14,798) | 15,254) | 15,487) | 13,779) | 13,157) | 12,439) | 10,406) | 11,902) | 6,273) | 6,336) | 6,732) | 6,752) | 6,040) | 6,048) | 6,191) | |||||||
| Current liabilities | 11,295) | 11,191) | 10,326) | 9,636) | 9,723) | 9,479) | 8,913) | 8,586) | 8,701) | 8,296) | 7,763) | 7,985) | 8,531) | 9,048) | 4,122) | 3,843) | 4,492) | 4,573) | 3,993) | 3,784) | 4,069) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Current ratio1 | 1.12 | 1.23 | 1.31 | 1.47 | 1.58 | 1.76 | 1.66 | 1.78 | 1.78 | 1.66 | 1.69 | 1.56 | 1.22 | 1.32 | 1.52 | 1.65 | 1.50 | 1.48 | 1.51 | 1.60 | 1.52 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Current Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Alphabet Inc. | 2.35 | 2.38 | 2.52 | 2.81 | 2.87 | 2.93 | 2.98 | 3.15 | 3.10 | 3.07 | 3.41 | 3.41 | 3.66 | 3.37 | 3.78 | 3.98 | 3.96 | — | — | — | — | |||||||
| Comcast Corp. | 0.69 | 0.78 | 0.84 | 0.88 | 0.86 | 0.85 | 1.03 | 0.92 | 0.96 | 0.93 | 0.93 | 0.97 | 0.87 | 0.84 | 0.86 | 0.69 | 0.73 | — | — | — | — | |||||||
| Meta Platforms Inc. | 2.07 | 2.20 | 2.57 | 2.52 | 2.81 | 3.15 | 4.23 | 5.43 | 6.08 | 5.05 | 5.51 | 6.02 | 4.60 | 4.40 | 4.66 | 4.47 | 5.38 | — | — | — | — | |||||||
| Netflix Inc. | 1.26 | 1.17 | 1.14 | 1.05 | 1.05 | 0.95 | 1.17 | 1.23 | 1.27 | 1.25 | 1.24 | 1.12 | 0.82 | 0.90 | 0.73 | 0.85 | 0.61 | — | — | — | — | |||||||
| Walt Disney Co. | 0.99 | 1.00 | 1.02 | 1.06 | 1.10 | 1.08 | 1.24 | 1.23 | 1.31 | 1.32 | 1.34 | 0.94 | 0.80 | 0.90 | 0.70 | 0.77 | 1.00 | 0.94 | 0.88 | 0.85 | 0.87 | |||||||
Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q1 2023 Calculation
Current ratio = Current assets ÷ Current liabilities
= 12,657 ÷ 11,295 = 1.12
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Paramount Global current ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023. |
Quick Ratio
Paramount Global, quick ratio calculation (quarterly data)
| Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Cash and cash equivalents | 2,109) | 2,885) | 3,383) | 4,037) | 5,302) | 6,267) | 4,823) | 5,375) | 5,499) | 2,984) | 3,086) | 2,288) | 589) | 632) | 196) | 216) | 500) | 322) | 182) | 252) | 147) | |||||||
| Receivables, net | 7,448) | 7,412) | 6,588) | 6,959) | 7,263) | 6,984) | 6,560) | 6,824) | 7,310) | 7,017) | 6,946) | 7,139) | 7,199) | 7,206) | 3,685) | 3,795) | 4,147) | 4,041) | 3,697) | 3,597) | 3,820) | |||||||
| Total quick assets | 9,557) | 10,297) | 9,971) | 10,996) | 12,565) | 13,251) | 11,383) | 12,199) | 12,809) | 10,001) | 10,032) | 9,427) | 7,788) | 7,838) | 3,881) | 4,011) | 4,647) | 4,363) | 3,879) | 3,849) | 3,967) | |||||||
| Current liabilities | 11,295) | 11,191) | 10,326) | 9,636) | 9,723) | 9,479) | 8,913) | 8,586) | 8,701) | 8,296) | 7,763) | 7,985) | 8,531) | 9,048) | 4,122) | 3,843) | 4,492) | 4,573) | 3,993) | 3,784) | 4,069) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Quick ratio1 | 0.85 | 0.92 | 0.97 | 1.14 | 1.29 | 1.40 | 1.28 | 1.42 | 1.47 | 1.21 | 1.29 | 1.18 | 0.91 | 0.87 | 0.94 | 1.04 | 1.03 | 0.95 | 0.97 | 1.02 | 0.97 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Quick Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Alphabet Inc. | 2.20 | 2.22 | 2.29 | 2.62 | 2.72 | 2.79 | 2.85 | 3.01 | 2.94 | 2.95 | 3.27 | 3.26 | 3.46 | 3.21 | 3.62 | 3.84 | 3.80 | — | — | — | — | |||||||
| Comcast Corp. | 0.55 | 0.62 | 0.63 | 0.68 | 0.71 | 0.71 | 0.89 | 0.80 | 0.84 | 0.81 | 0.81 | 0.85 | 0.70 | 0.55 | 0.55 | 0.48 | 0.51 | — | — | — | — | |||||||
| Meta Platforms Inc. | 1.91 | 2.01 | 2.34 | 2.34 | 2.62 | 2.94 | 3.94 | 5.09 | 5.86 | 4.89 | 5.33 | 5.81 | 4.48 | 4.28 | 4.50 | 4.32 | 5.22 | — | — | — | — | |||||||
| Netflix Inc. | 0.94 | 0.76 | 0.79 | 0.78 | 0.78 | 0.71 | 0.94 | 0.99 | 1.06 | 1.05 | 1.06 | 0.94 | 0.66 | 0.73 | 0.61 | 0.72 | 0.49 | — | — | — | — | |||||||
| Walt Disney Co. | 0.83 | 0.83 | 0.87 | 0.91 | 0.98 | 0.94 | 1.07 | 1.07 | 1.17 | 1.15 | 1.16 | 0.81 | 0.69 | 0.67 | 0.50 | 0.56 | 0.83 | 0.75 | 0.71 | 0.70 | 0.73 | |||||||
Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q1 2023 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 9,557 ÷ 11,295 = 0.85
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Paramount Global quick ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023. |
Cash Ratio
Paramount Global, cash ratio calculation (quarterly data)
| Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||
| Cash and cash equivalents | 2,109) | 2,885) | 3,383) | 4,037) | 5,302) | 6,267) | 4,823) | 5,375) | 5,499) | 2,984) | 3,086) | 2,288) | 589) | 632) | 196) | 216) | 500) | 322) | 182) | 252) | 147) | |||||||
| Total cash assets | 2,109) | 2,885) | 3,383) | 4,037) | 5,302) | 6,267) | 4,823) | 5,375) | 5,499) | 2,984) | 3,086) | 2,288) | 589) | 632) | 196) | 216) | 500) | 322) | 182) | 252) | 147) | |||||||
| Current liabilities | 11,295) | 11,191) | 10,326) | 9,636) | 9,723) | 9,479) | 8,913) | 8,586) | 8,701) | 8,296) | 7,763) | 7,985) | 8,531) | 9,048) | 4,122) | 3,843) | 4,492) | 4,573) | 3,993) | 3,784) | 4,069) | |||||||
| Liquidity Ratio | ||||||||||||||||||||||||||||
| Cash ratio1 | 0.19 | 0.26 | 0.33 | 0.42 | 0.55 | 0.66 | 0.54 | 0.63 | 0.63 | 0.36 | 0.40 | 0.29 | 0.07 | 0.07 | 0.05 | 0.06 | 0.11 | 0.07 | 0.05 | 0.07 | 0.04 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Cash Ratio, Competitors2 | ||||||||||||||||||||||||||||
| Alphabet Inc. | 1.67 | 1.64 | 1.76 | 2.04 | 2.16 | 2.17 | 2.30 | 2.44 | 2.44 | 2.41 | 2.75 | 2.77 | 2.92 | 2.65 | 3.09 | 3.27 | 3.25 | — | — | — | — | |||||||
| Comcast Corp. | 0.17 | 0.17 | 0.20 | 0.25 | 0.30 | 0.30 | 0.44 | 0.42 | 0.49 | 0.41 | 0.46 | 0.49 | 0.31 | 0.18 | 0.13 | 0.13 | 0.13 | — | — | — | — | |||||||
| Meta Platforms Inc. | 1.48 | 1.51 | 1.84 | 1.82 | 2.08 | 2.27 | 3.26 | 4.31 | 5.05 | 4.14 | 4.66 | 5.15 | 4.00 | 3.64 | 3.92 | 3.74 | 4.57 | — | — | — | — | |||||||
| Netflix Inc. | 0.94 | 0.76 | 0.79 | 0.78 | 0.78 | 0.71 | 0.94 | 0.99 | 1.06 | 1.05 | 1.06 | 0.94 | 0.66 | 0.73 | 0.61 | 0.72 | 0.49 | — | — | — | — | |||||||
| Walt Disney Co. | 0.31 | 0.40 | 0.42 | 0.45 | 0.48 | 0.51 | 0.59 | 0.60 | 0.64 | 0.67 | 0.75 | 0.40 | 0.20 | 0.17 | 0.15 | 0.23 | 0.25 | 0.23 | 0.21 | 0.21 | 0.24 | |||||||
Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q1 2023 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 2,109 ÷ 11,295 = 0.19
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Paramount Global cash ratio deteriorated from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023. |