Comcast Corp (CMCSA)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 7,322,000 | 6,215,000 | 4,749,000 | 8,711,000 | 11,740,000 |
| Short-term investments | US$ in thousands | 21,000 | 310,000 | 402,000 | 368,000 | 292,000 |
| Total current liabilities | US$ in thousands | 39,581,000 | 40,198,000 | 27,887,000 | 29,348,000 | 28,796,000 |
| Cash ratio | 0.19 | 0.16 | 0.18 | 0.31 | 0.42 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($7,322,000K
+ $21,000K)
÷ $39,581,000K
= 0.19
The cash ratio of Comcast Corp has shown a declining trend over the past five years. Starting at 0.42 on December 31, 2020, the ratio decreased to 0.31 on December 31, 2021, further dropping to 0.18 on December 31, 2022. Subsequently, the ratio continued to decrease to 0.16 on December 31, 2023, before slightly increasing to 0.19 on December 31, 2024.
This trend indicates that Comcast Corp may be facing challenges in maintaining sufficient cash to cover its short-term obligations. A decreasing cash ratio could potentially signal liquidity issues and may require management to closely monitor cash flow and liquidity management strategies to ensure the company's financial health and ability to meet its obligations.
Peer comparison
Dec 31, 2024