What is the cost of debt of Paramount Global? (2024)

What is the cost of debt of Paramount Global?

As of Mar. 2024, Paramount Global's interest expense (positive number) was $915 Mil. Its total Book Value of Debt (D) is $16605.8 Mil. Cost of Debt = 915 / 16605.8 = 5.5101%.

(Video) Paramount Is Raising Its Streaming Prices
(Bloomberg Television)
How much debt does Paramount have?

Paramount Global has a total shareholder equity of $22.3B and total debt of $14.6B, which brings its debt-to-equity ratio to 65.4%. Its total assets and total liabilities are $52.0B and $29.7B respectively. Paramount Global's EBIT is $2.3B making its interest coverage ratio 3.

(Video) Paramount Global Stock ($PARA) - Collapse Bring 400% Return Possibility
(Rational Investing with Cameron Stewart, CFA)
What is the debt to equity ratio of Paramount Global?

The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Paramount Global debt/equity for the three months ending March 31, 2024 was 0.65.

(Video) Stock of the Day: Paramount Global (PARA) - Insider Buying Buy
(Rational Investing with Cameron Stewart, CFA)
What is the cost of equity in Paramount Global?

The Cost of Equity of Paramount Global (PARA) is 8.6%. The Cost of Debt of Paramount Global (PARA) is 11.55%.

(Video) Paramount needs buyer or it risks financial distress in 2024, says Needham's Laura Martin
(CNBC Television)
What is the cash on hand of Paramount Global?

Paramount Global cash on hand for the quarter ending March 31, 2024 was $2.384B, a 13.04% increase year-over-year. Paramount Global cash on hand for 2023 was $2.46B, a 14.73% decline from 2022. Paramount Global cash on hand for 2022 was $2.885B, a 53.97% decline from 2021.

(Video) Why Warren Buffett Owns Paramount Stock! PARA Analysis
(Global Value)
Who is the largest shareholder of Paramount Global?

Vanguard Fiduciary Trust Co. 154.22 %62,773,465154.22 %
BlackRock Advisors LLC 98.40 %40,053,52098.40 %
Estate of Sumner Murray Redstone 77.39 %31,500,08777.39 %
UBS Financial Services, Inc. 50.43 %20,524,58550.43 %
6 more rows

(Video) Warren Buffett on Paramount: It's never good when a company cuts dividend dramatically
(CNBC Television)
Is Paramount Global junk status?

Investment firm Moody's is likely to downgrade Paramount Global's credit rating to “junk status” by the end of 2024, according to a financial research firm.

(Video) Warren Buffett's Latest Billion Dollar Bet | Paramount Stock Analysis
(Moore Money)
Is Paramount Global a good investment?

Stock to Watch: Paramount Global-B (PARA)

PARA is a #3 (Hold) on the Zacks Rank, with a VGM Score of A. It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 9.25; value investors should take notice.

(Video) Why Warren Buffett Owns Paramount Stock! PARA Analysis
(The Patient Investor)
Who owns Paramount Global stock?

The ownership structure of Paramount Global (PARAA) stock is a mix of institutional, retail and individual investors. Approximately 21.49% of the company's stock is owned by Institutional Investors, 14.09% is owned by Insiders and 64.42% is owned by Public Companies and Individual Investors.

(Video) Paramount Plus Is Raising Prices in 2024! Here's How to Save Money...
(Michael Saves)
What is the gross profit of Paramount Global?

Paramount Global gross profit for the twelve months ending March 31, 2024 was $9.983B, a 0.94% decline year-over-year. Paramount Global annual gross profit for 2023 was $9.635B, a 6.54% decline from 2022. Paramount Global annual gross profit for 2022 was $10.309B, a 4.92% decline from 2021.

(Video) Paramount BUYOUT OFFER! What You NEED to Know! | PARA Stock
(Fiscal Philosophy)

Does Blackrock own Paramount Global?

Vanguard Group Inc: They own about 8.92% of Paramount Global, which is around 58,114,139 shares valued at approximately $768.85 million. Blackrock Inc: This institution holds 6.29% of the shares, totaling about 41,002,694 shares, with an estimated value of $542.47 million.

(Video) Why does Warren Buffett Like Paramount Stock ?
(Investors Heaven)
What is the net worth of Paramount Global?

Paramount Global has a market cap or net worth of $7.80 billion as of July 3, 2024. Its market cap has decreased by -24.58% in one year.

What is the cost of debt of Paramount Global? (2024)
How much does Paramount Global make a year?

According to Paramount Global's latest financial reports the company's current revenue (TTM ) is $30.07 B. In 2022 the company made a revenue of $30.15 B an increase over the years 2021 revenue that were of $28.58 B. The revenue is the total amount of income that a company generates by the sale of goods or services.

Does Paramount have a lot of debt?

Debt Is a Big Concern

30, Paramount Global had $16.97 billion in total debt and cash and short-term investments of $1.80 billion, for $15.17 billion in net debt.

Does Walmart pay for Paramount?

How much is Paramount+ with Walmart+? The Paramount+ Essential plan subscription is now included with Walmart+ monthly and annual memberships at no additional cost to you.

What is the source of revenue for Paramount Global?

The cable and network television unit accounts for about 67% of Paramount's top line. Streaming now makes up roughly 24% of its business. Movies are only about 8.5% of Paramount's sales. Data source: Paramount Global.

How many companies does Paramount Global own?

Paramount's main properties include the namesake Paramount Pictures film and television studio, the CBS Entertainment Group (consisting of the CBS and partially owned the CW television networks and television stations), BET Networks (who owns the BET and VH1 channels, among others, and other CBS-branded assets), ...

Who are the top 10 owners of Paramount?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, UBS Group AG, Invesco Ltd., VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, NAESX - Vanguard Small-Cap Index Fund Investor Shares, Contrarius Investment Management Ltd, Morgan Stanley, and XLC - The Communication ...

How many employees work for Paramount Global?

As of the end of 2022, Paramount Global reported 24,500 full-time employees. The company is scheduled to release fourth-quarter 2023 earnings Feb.

Why is Paramount struggling?

The studio, like other Hollywood heavy hitters, has "been struggling to recover from last year's monthslong strikes by Hollywood writers and actors, a soft advertising market, and falling cable subscriptions in the United States that has eroded profit for its TV business," said Reuters.

What is the outlook for Paramount Global?

Paramount Global Stock Forecast

The 17 analysts with 12-month price forecasts for Paramount Global stock have an average target of 13.09, with a low estimate of 9.00 and a high estimate of 20. The average target predicts an increase of 22.11% from the current stock price of 10.72.

Who controls Paramount Global?

However, in 2006 Viacom and CBS split into two distinct companies, though both remained under the control of National Amusem*nts. Paramount Pictures continued to be part of Viacom. In 2019 CBS and Viacom once again merged and assumed the name ViacomCBS. Three years later the company was rebranded Paramount Global.

Does Warren Buffett own Paramount Global stock?

Warren Buffett Has Sold His Paramount Stock: “We Sold it All, and We Lost Quite a Bit of Money”

What is the long term debt of Paramount Global?

Paramount Global long term debt for 2023 was $14.601B, a 6.45% decline from 2022. Paramount Global long term debt for 2022 was $15.607B, a 11.81% decline from 2021.

What is the future of Paramount Global stock?

On average, Wall Street analysts predict that Paramount Global's share price could reach $12.50 by Jun 25, 2025. The average Paramount Global stock price prediction forecasts a potential upside of 9.08% from the current PARA share price of $11.46.

Popular posts
Latest Posts
Article information

Author: Lakeisha Bayer VM

Last Updated: 08/10/2024

Views: 5624

Rating: 4.9 / 5 (49 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Lakeisha Bayer VM

Birthday: 1997-10-17

Address: Suite 835 34136 Adrian Mountains, Floydton, UT 81036

Phone: +3571527672278

Job: Manufacturing Agent

Hobby: Skimboarding, Photography, Roller skating, Knife making, Paintball, Embroidery, Gunsmithing

Introduction: My name is Lakeisha Bayer VM, I am a brainy, kind, enchanting, healthy, lovely, clean, witty person who loves writing and wants to share my knowledge and understanding with you.