Paramount Income Before Tax vs Total Operating Expenses Analysis

PARA Stock  USD 10.77  0.13  1.22%   
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 Income Before Tax and its Total Operating Expenses 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.

Income Before Tax vs Total Operating Expenses

Income Before Tax vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paramount Global Class Income Before Tax account and Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Paramount Global's Income Before Tax and Total Operating Expenses is -0.02. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Operating Expenses 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 Income Before Tax and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Paramount Global Class are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Income Before Tax i.e., Paramount Global's Income Before Tax and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Paramount Global income statement and is an important metric when analyzing Paramount Global Class profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 281.48, whereas Selling General Administrative is forecasted to decline to about 3.8 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.8B10.3B7.3B6.5B
Total Revenue28.6B30.2B29.7B17.1B

Paramount Global fundamental ratios Correlations

0.90.950.970.930.90.830.730.81.00.890.80.950.410.910.91-0.40.950.930.97-0.24-0.20.840.05-0.530.17
0.90.830.910.720.80.970.710.670.870.80.670.960.130.980.8-0.530.980.750.950.0-0.360.60.06-0.460.51
0.950.830.920.90.870.770.810.760.970.940.760.860.40.820.88-0.480.870.890.89-0.26-0.30.920.11-0.50.18
0.970.910.920.90.840.850.720.720.960.870.720.970.330.90.88-0.430.950.930.96-0.12-0.250.830.05-0.50.27
0.930.720.90.90.830.60.70.810.940.810.810.820.630.720.91-0.330.790.970.87-0.45-0.090.890.16-0.4-0.07
0.90.80.870.840.830.760.620.640.910.70.640.820.570.820.75-0.290.840.780.82-0.26-0.020.750.04-0.50.17
0.830.970.770.850.60.760.630.480.80.720.480.920.030.950.68-0.50.940.630.860.15-0.350.53-0.02-0.480.6
0.730.710.810.720.70.620.630.710.730.810.710.640.420.590.84-0.890.650.740.71-0.37-0.70.760.630.080.44
0.80.670.760.720.810.640.480.710.770.791.00.660.420.650.86-0.450.690.840.84-0.5-0.310.660.29-0.250.0
1.00.870.970.960.940.910.80.730.770.890.770.930.450.880.9-0.390.930.920.94-0.26-0.170.870.05-0.540.13
0.890.80.940.870.810.70.720.810.790.890.790.810.220.790.87-0.550.830.850.87-0.23-0.470.860.13-0.440.19
0.80.670.760.720.810.640.480.711.00.770.790.660.420.650.86-0.450.690.840.84-0.5-0.310.660.29-0.250.0
0.950.960.860.970.820.820.920.640.660.930.810.660.20.950.82-0.380.980.850.96-0.02-0.20.7-0.05-0.560.34
0.410.130.40.330.630.570.030.420.420.450.220.420.20.110.49-0.170.180.530.27-0.690.150.540.470.17-0.29
0.910.980.820.90.720.820.950.590.650.880.790.650.950.110.76-0.360.990.730.940.02-0.210.58-0.11-0.60.39
0.910.80.880.880.910.750.680.840.860.90.870.860.820.490.76-0.570.810.90.89-0.45-0.360.830.35-0.240.1
-0.4-0.53-0.48-0.43-0.33-0.29-0.5-0.89-0.45-0.39-0.55-0.45-0.38-0.17-0.36-0.57-0.4-0.41-0.440.20.89-0.43-0.78-0.4-0.67
0.950.980.870.950.790.840.940.650.690.930.830.690.980.180.990.81-0.40.810.97-0.02-0.230.67-0.06-0.580.36
0.930.750.890.930.970.780.630.740.840.920.850.840.850.530.730.9-0.410.810.9-0.37-0.220.880.2-0.350.06
0.970.950.890.960.870.820.860.710.840.940.870.840.960.270.940.89-0.440.970.9-0.18-0.270.720.06-0.50.27
-0.240.0-0.26-0.12-0.45-0.260.15-0.37-0.5-0.26-0.23-0.5-0.02-0.690.02-0.450.2-0.02-0.37-0.180.05-0.37-0.49-0.230.38
-0.2-0.36-0.3-0.25-0.09-0.02-0.35-0.7-0.31-0.17-0.47-0.31-0.20.15-0.21-0.360.89-0.23-0.22-0.270.05-0.25-0.63-0.39-0.67
0.840.60.920.830.890.750.530.760.660.870.860.660.70.540.580.83-0.430.670.880.72-0.37-0.250.2-0.34-0.02
0.050.060.110.050.160.04-0.020.630.290.050.130.29-0.050.47-0.110.35-0.78-0.060.20.06-0.49-0.630.20.80.32
-0.53-0.46-0.5-0.5-0.4-0.5-0.480.08-0.25-0.54-0.44-0.25-0.560.17-0.6-0.24-0.4-0.58-0.35-0.5-0.23-0.39-0.340.80.19
0.170.510.180.27-0.070.170.60.440.00.130.190.00.34-0.290.390.1-0.670.360.060.270.38-0.67-0.020.320.19
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 Assets787M2.0B1.9B2.1B1.7B1.1B
Other Stockholder Equity6.7B6.8B10.0B10.1B10.3B9.7B
Total Liab36.2B36.6B35.7B34.8B30.5B21.4B
Property Plant And Equipment Gross4.0B3.6B7.1B6.9B6.4B3.5B
Total Current Assets11.9B13.8B16.7B13.7B12.7B8.0B
Accumulated Other Comprehensive Income(2.0B)(1.8B)(1.9B)(1.8B)(1.6B)(1.5B)
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
Good Will17.0B16.6B16.6B16.5B16.5B13.5B
Net Tangible Assets(4.2B)(2.0B)5.2B5.6B6.5B6.8B
Retained Earnings Total Equity8.5B10.4B14.3B14.7B16.9B17.8B
Long Term Debt Total18.0B19.7B17.7B15.6B17.9B11.3B
Capital Surpluse29.6B29.8B32.9B33.1B29.8B32.1B
Deferred Long Term Liab500M778M1.1B1.1B969.3M750.5M
Treasury Stock(22.3B)(22.9B)(22.9B)(23.0B)(20.7B)(21.7B)
Non Current Liabilities Other6.2B5.8B5.3B5.1B1.7B1.7B
Property Plant Equipment8.7B10.4B13.4B1.8B2.0B1.9B
Other Liab7.3B6.8B6.8B6.6B5.9B5.5B

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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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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
(9.06)
Revenue Per Share
43.672
Quarterly Revenue Growth
(0.06)
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.