• Paramount Global average current ratio for 2023 was 1.22, a 12.86% increase from 2022.
• Paramount Global average current ratio for 2022 was 1.4, a 20% decline from 2021.
• Paramount Global average current ratio for 2021 was 1.75, a 14.38% decline from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.