Comcast Total Debt vs Current Assets Analysis
CMCSA Stock | USD 40.21 0.15 0.37% |
Trend analysis of Comcast Corp balance sheet accounts such as Short Long Term Debt Total of 101.9 B, Other Current Liabilities of 23.6 B or Total Current Liabilities of 42.2 B provides information on Comcast Corp's total assets, liabilities, and equity, which is the actual value of Comcast Corp to its prevalent stockholders. By breaking down trends over time using Comcast Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About Comcast Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Comcast Corp at a specified time, usually calculated after every quarter, six months, or one year. Comcast Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Comcast Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Comcast currently owns. An asset can also be divided into two categories, current and non-current.
Comcast Corp Balance Sheet Chart
Comcast Corp Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Comcast Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Comcast Corp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 101.9 B, whereas Non Currrent Assets Other are projected to grow to (13 B). Add Fundamental
Total Assets
Total assets refers to the total amount of Comcast Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Comcast Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Comcast Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Comcast Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Comcast Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comcast Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Comcast Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.At present, Comcast Corp's Selling General Administrative 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 12.80, whereas Tax Provision is forecasted to decline to about 3.4 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 77.9B | 83.2B | 84.8B | 89.1B | Total Revenue | 116.4B | 121.4B | 121.6B | 127.7B |
Comcast Corp fundamental ratios Correlations
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Comcast Corp Account Relationship Matchups
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High Negative Relationship
Comcast Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 263.4B | 273.9B | 275.9B | 257.3B | 264.8B | 278.1B | |
Short Long Term Debt Total | 102.2B | 103.8B | 94.9B | 94.8B | 97.1B | 101.9B | |
Other Current Liab | 12.2B | 11.3B | 11.7B | 11.2B | 22.5B | 23.6B | |
Total Current Liabilities | 30.3B | 28.8B | 29.3B | 27.9B | 40.2B | 42.2B | |
Total Stockholder Equity | 82.7B | 90.3B | 96.1B | 80.9B | 82.7B | 86.8B | |
Property Plant And Equipment Net | 48.3B | 52.0B | 54.0B | 55.5B | 59.7B | 62.7B | |
Net Debt | 96.7B | 92.0B | 86.1B | 90.1B | 90.9B | 95.4B | |
Retained Earnings | 50.7B | 56.4B | 61.9B | 51.6B | 52.9B | 55.5B | |
Cash | 5.5B | 11.7B | 8.7B | 4.7B | 6.2B | 6.5B | |
Non Current Assets Total | 238.0B | 247.1B | 251.1B | 235.4B | 240.8B | 252.8B | |
Non Currrent Assets Other | (19.3B) | (19.9B) | (17.6B) | (16.2B) | (13.7B) | (13.0B) | |
Cash And Short Term Investments | 5.5B | 11.7B | 8.7B | 4.7B | 6.2B | 3.3B | |
Net Receivables | 11.3B | 11.5B | 12.0B | 12.7B | 13.8B | 14.5B | |
Common Stock Shares Outstanding | 4.6B | 4.6B | 4.7B | 4.4B | 4.1B | 3.3B | |
Liabilities And Stockholders Equity | 263.4B | 273.9B | 275.9B | 257.3B | 264.8B | 278.1B | |
Non Current Liabilities Total | 147.9B | 152.1B | 148.5B | 147.4B | 141.1B | 148.2B | |
Other Current Assets | 8.6B | 3.5B | 4.1B | 4.4B | 4.0B | 4.2B | |
Other Stockholder Equity | 29.6B | 30.7B | 32.1B | 31.9B | 31.0B | 21.9B | |
Total Liab | 178.2B | 180.9B | 177.9B | 175.2B | 181.3B | 190.4B | |
Property Plant And Equipment Gross | 48.3B | 52.0B | 109.7B | 112.4B | 118.4B | 124.3B | |
Total Current Assets | 25.4B | 26.7B | 24.8B | 21.8B | 24.0B | 25.2B | |
Accumulated Other Comprehensive Income | 1.0B | 1.9B | 1.5B | (2.6B) | (1.3B) | (1.2B) | |
Short Term Debt | 4.5B | 3.1B | 2.1B | 1.7B | 2.1B | 2.0B | |
Accounts Payable | 10.8B | 11.4B | 12.5B | 12.5B | 12.4B | 13.1B | |
Intangible Assets | 104.4B | 108.1B | 105.8B | 101.2B | 100.1B | 66.6B | |
Other Liab | 41.1B | 46.3B | 50.7B | 43.0B | 49.5B | 51.9B | |
Other Assets | 14.5B | 21.9B | 25.8B | 8M | 35M | 33.3M | |
Long Term Debt | 97.8B | 100.6B | 92.7B | 93.1B | 95.0B | 53.9B | |
Property Plant Equipment | 48.3B | 52.0B | 54.0B | 55.5B | 63.8B | 32.6B | |
Current Deferred Revenue | 2.8B | 3.0B | 3.0B | 2.4B | 3.2B | 2.0B | |
Good Will | 68.7B | 70.7B | 70.2B | 58.5B | 59.3B | 37.1B | |
Noncontrolling Interest In Consolidated Entity | 1.1B | 1.4B | 1.4B | 684M | 615.6M | 584.8M | |
Retained Earnings Total Equity | 50.7B | 56.4B | 61.9B | 51.6B | 59.4B | 34.4B | |
Deferred Long Term Liab | 28.2B | 28.1B | 30.0B | 28.7B | 33.0B | 21.7B |
Pair Trading with Comcast Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Comcast Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Comcast Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Comcast Stock
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The ability to find closely correlated positions to Comcast Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comcast Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Comcast Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Comcast Corp to buy it.
The correlation of Comcast Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Comcast Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comcast Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Comcast Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comcast Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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When running Comcast Corp's price analysis, check to measure Comcast Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comcast Corp is operating at the current time. Most of Comcast Corp's value examination focuses on studying past and present price action to predict the probability of Comcast Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comcast Corp's price. Additionally, you may evaluate how the addition of Comcast Corp to your portfolios can decrease your overall portfolio volatility.
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Is Comcast Corp's industry 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 Comcast Corp. If investors know Comcast 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 Comcast Corp 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 0.144 | Dividend Share 1.16 | Earnings Share 3.71 | Revenue Per Share 29.493 | Quarterly Revenue Growth 0.023 |
The market value of Comcast Corp is measured differently than its book value, which is the value of Comcast that is recorded on the company's balance sheet. Investors also form their own opinion of Comcast Corp's value that differs from its market value or its book value, called intrinsic value, which is Comcast Corp'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 Comcast Corp's market value can be influenced by many factors that don't directly affect Comcast Corp'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 Comcast Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comcast Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comcast Corp'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.