Over 2021–2024 Paramount Global’s balance sheet shows a clear contraction in scale: total assets fell from $58.6B in 2021 to $46.2B in 2024 (≈‑21%), with the largest single-year drop between 2023 and 2024 (≈‑13.8%). Total liabilities also moved down but far more modestly (from $36.2B to $29.9B, ≈‑17.6% overall), while stockholders’ equity peaked at $23.0B in 2022, held roughly steady in 2023 ($22.5B) and then declined sharply to $16.3B in 2024 (≈‑27% vs. 2021). The equity-to-assets ratio rose to about 42% in 2023 before falling to ~35% in 2024, and the liabilities-to-equity ratio widened markedly in 2024 (from ~1.38 in 2023 to ~1.83), indicating higher relative leverage going into 2024. The pattern—large asset reductions with only modest liability paydowns and a pronounced equity impairment in 2024—is consistent with asset write‑downs, divestitures, or significant operating losses (for example impairments of goodwill or content libraries, restructuring charges, or severe revenue pressure from a weak advertising/streaming market). That leaves the company smaller and relatively more leveraged, which can constrain flexibility for investment or weathering further industry headwinds. Note the 2025 row shows all zeros (likely missing or not yet reported), so any post‑2024 assessment would require updated filings to confirm whether the 2024 trends continued or were reversed.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.