Paramount Non Operating Income Net Other vs Operating Income Analysis
PARAA Stock | USD 23.35 1.29 5.85% |
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 Non Operating Income Net Other and its Operating Income 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 nation.
Non Operating Income Net Other vs Operating Income
Non Operating Income Net Other vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paramount Global Class Non Operating Income Net Other account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Paramount Global's Non Operating Income Net Other and Operating Income is 0.61. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Operating Income 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 Non Operating Income Net Other and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Paramount Global Class are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Non Operating Income Net Other i.e., Paramount Global's Non Operating Income Net Other and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Operating Income Net Other
Operating Income
Operating Income is the amount of profit realized from Paramount Global Class operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Paramount Global Class is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 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 281.48, whereas Selling General Administrative is forecasted to decline to about 4.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 28.6B | 30.2B | 29.7B | 17.1B | Depreciation And Amortization | 13.7B | 405M | 418M | 397.1M |
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 | 2.0B | 1.9B | 2.1B | 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 | |
Total Current Assets | 11.9B | 13.8B | 16.7B | 13.7B | 12.7B | 8.0B | |
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 | |
Accumulated Other Comprehensive Income | (2.0B) | (1.8B) | (1.9B) | (1.8B) | (1.6B) | (1.5B) | |
Good Will | 17.0B | 16.6B | 16.6B | 16.5B | 16.5B | 13.5B | |
Other Liab | 7.3B | 6.8B | 6.8B | 6.6B | 5.9B | 5.6B | |
Net Tangible Assets | (15.0B) | (14.4B) | (10.3B) | 5.6B | 6.5B | 6.8B | |
Other Assets | 5.0B | 4.9B | 5.2B | 21.9B | 25.2B | 26.5B | |
Long Term Debt | 18.0B | 19.7B | 17.7B | 367M | 14.6B | 10.6B | |
Net Invested Capital | 31.9B | 35.1B | 40.1B | 38.9B | 37.1B | 36.0B | |
Short Long Term Debt | 717M | 16M | 11M | 239M | 1M | 950K | |
Non Current Liabilities Other | 2.9B | 2.4B | 2.3B | 5.1B | 1.7B | 3.0B | |
Net Working Capital | 2.9B | 5.5B | 7.2B | 2.5B | 3.0B | 4.3B | |
Property Plant Equipment | 3.8B | 3.6B | 3.4B | 1.8B | 1.6B | 2.3B |
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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 closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Movies & Entertainment 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.