Paramount Global (LIM:PARA) Interest Expense : $-915 Mil (TTM As of Mar. 2024)

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What is Paramount Global Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Paramount Global's interest expense for the three months ended in Mar. 2024 was $ -221 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-915 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Paramount Global's Operating Income for the three months ended in Mar. 2024 was $ -265 Mil. Paramount Global's Interest Expense for the three months ended in Mar. 2024 was $ -221 Mil. Paramount Global did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Paramount Global Interest Expense Historical Data

The historical data trend for Paramount Global's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Paramount Global Interest Expense Chart

Paramount Global Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

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Dec23

Interest Expense

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-962.00

-1,031.00

-986.00

-931.00

-920.00

Paramount Global Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-226.00	-240.00	-232.00	-222.00	-221.00

Paramount Global Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-915 Mil.

Paramount Global (LIM:PARA) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Paramount Global's Interest Expense for the three months ended in Mar. 2024 was $-221 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-265 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $15,806 Mil.

Paramount Global's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Paramount Global did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Paramount Global (LIM:PARA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Paramount Global (LIM:PARA) » Definitions » Interest Expense

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PARAP.PFD:USA PARAA:USA PARA:USA PARA:Mexico 0HQM:UK 0VVB:Germany C1BS34:Brazil PARA:Austria

Address

1515 Broadway, New York, NY, USA, 10036

Website

https://www.paramount.com

Paramount Global is the rebranded recombination of CBS and Viacom that has created a media conglomerate with global scale. CBS contributed Showtime in addition to its television assets--the CBS television network, 28 local TV stations, and 50% of CW, a joint venture between CBS and WarnerMedia. Viacom brought several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Mission: Impossible and Transformers series. Paramount operates a number of streaming services, most notably Paramount+ and Pluto TV.