Paramount Intangible Assets vs Retained Earnings Analysis
PARA Stock | USD 10.66 0.19 1.81% |
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 Intangible Assets and its Retained Earnings 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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Intangible Assets vs Retained Earnings
Intangible Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paramount Global Class Intangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Paramount Global's Intangible Assets and Retained Earnings is -0.7. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Retained Earnings 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 Intangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Paramount Global Class are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Intangible Assets i.e., Paramount Global's Intangible Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. 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 3.8 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.8B | 10.3B | 7.3B | 6.5B | Total Revenue | 28.6B | 30.2B | 29.7B | 17.1B |
Paramount Global fundamental ratios Correlations
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Paramount Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Paramount Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 49.5B | 52.7B | 58.6B | 58.4B | 53.5B | 41.1B | |
Short Long Term Debt Total | 20.6B | 21.3B | 19.3B | 17.3B | 15.9B | 10.1B | |
Other Current Liab | 6.9B | 6.7B | 7.6B | 8.6B | 7.8B | 8.2B | |
Total Current Liabilities | 9.0B | 8.3B | 9.5B | 11.2B | 9.7B | 5.6B | |
Total Stockholder Equity | 13.2B | 15.4B | 22.4B | 23.0B | 22.5B | 14.0B | |
Property Plant And Equipment Net | 4.0B | 3.6B | 3.4B | 3.2B | 2.8B | 3.2B | |
Net Debt | 20.0B | 18.3B | 13.0B | 14.4B | 13.4B | 9.0B | |
Retained Earnings | 8.5B | 10.4B | 14.3B | 14.7B | 13.8B | 14.5B | |
Cash | 632M | 3.0B | 6.3B | 2.9B | 2.5B | 2.6B | |
Non Current Assets Total | 37.6B | 38.9B | 41.9B | 44.7B | 40.8B | 34.1B | |
Non Currrent Assets Other | 9.8B | 12.2B | 15.5B | 17.6B | 14.3B | 15.1B | |
Cash And Short Term Investments | 632M | 3.0B | 6.3B | 2.9B | 2.5B | 2.6B | |
Net Receivables | 7.2B | 7.0B | 7.0B | 7.4B | 7.1B | 3.7B | |
Common Stock Shares Outstanding | 617M | 618M | 655M | 650M | 652M | 649.8M | |
Liabilities And Stockholders Equity | 49.5B | 52.7B | 58.6B | 58.4B | 53.5B | 41.1B | |
Non Current Liabilities Total | 27.2B | 28.3B | 26.2B | 23.6B | 20.8B | 15.7B | |
Other Current Assets | 787M | 769M | 1.2B | 1.3B | 1.7B | 1.1B | |
Other Stockholder Equity | 6.7B | 6.8B | 10.0B | 10.1B | 10.3B | 9.7B | |
Total Liab | 36.2B | 36.6B | 35.7B | 34.8B | 30.5B | 21.4B | |
Property Plant And Equipment Gross | 4.0B | 3.6B | 7.1B | 6.9B | 6.4B | 3.5B | |
Total Current Assets | 11.9B | 13.8B | 16.7B | 13.7B | 12.7B | 8.0B | |
Accumulated Other Comprehensive Income | (2.0B) | (1.8B) | (1.9B) | (1.8B) | (1.6B) | (1.5B) | |
Short Term Debt | 717M | 16M | 11M | 239M | 1M | 950K | |
Intangible Assets | 3.0B | 2.8B | 2.8B | 2.7B | 2.6B | 2.5B | |
Accounts Payable | 667M | 571M | 800M | 1.4B | 1.1B | 1.2B | |
Current Deferred Revenue | 739M | 978M | 1.1B | 973M | 746M | 865.2M | |
Inventory | 2.9B | 1.8B | 1.5B | 1.3B | 1.4B | 1.2B | |
Good Will | 17.0B | 16.6B | 16.6B | 16.5B | 16.5B | 13.5B | |
Net Tangible Assets | (4.2B) | (2.0B) | 5.2B | 5.6B | 6.5B | 6.8B | |
Retained Earnings Total Equity | 8.5B | 10.4B | 14.3B | 14.7B | 16.9B | 17.8B | |
Long Term Debt Total | 18.0B | 19.7B | 17.7B | 15.6B | 17.9B | 11.3B | |
Capital Surpluse | 29.6B | 29.8B | 32.9B | 33.1B | 29.8B | 32.1B | |
Deferred Long Term Liab | 500M | 778M | 1.1B | 1.1B | 969.3M | 750.5M | |
Treasury Stock | (22.3B) | (22.9B) | (22.9B) | (23.0B) | (20.7B) | (21.7B) | |
Non Current Liabilities Other | 6.2B | 5.8B | 5.3B | 5.1B | 1.7B | 1.7B | |
Property Plant Equipment | 8.7B | 10.4B | 13.4B | 1.8B | 2.0B | 1.9B | |
Other Liab | 7.3B | 6.8B | 6.8B | 6.6B | 5.9B | 5.5B |
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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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Broadcasting space 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 (8.89) | Revenue Per Share 44.583 | Quarterly Revenue Growth (0.10) |
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.