Comcast Corp (CMCSA)
Cash ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 7,322,000 | 8,814,000 | 6,065,000 | 6,515,000 | 6,215,000 | 6,435,000 | 7,146,000 | 5,535,000 | 4,749,000 | 5,695,000 | 6,822,000 | 8,880,000 | 8,711,000 | 11,806,000 | 12,378,000 | 14,950,000 | 11,740,000 | 13,707,000 | 13,935,000 | 8,516,000 |
| Short-term investments | US$ in thousands | 21,000 | 101,000 | 146,000 | 330,000 | 310,000 | 321,000 | 247,000 | 98,000 | 402,000 | 1,122,000 | 1,124,000 | 306,000 | 368,000 | 123,000 | 39,000 | 83,000 | 292,000 | 78,000 | 47,000 | 1,703,000 |
| Total current liabilities | US$ in thousands | 39,581,000 | 37,786,000 | 35,342,000 | 40,324,000 | 40,198,000 | 34,468,000 | 32,925,000 | 32,415,000 | 27,887,000 | 27,999,000 | 27,585,000 | 29,657,000 | 29,348,000 | 26,738,000 | 29,314,000 | 30,811,000 | 28,796,000 | 29,511,000 | 28,445,000 | 27,600,000 |
| Cash ratio | 0.19 | 0.24 | 0.18 | 0.17 | 0.16 | 0.20 | 0.22 | 0.17 | 0.18 | 0.24 | 0.29 | 0.31 | 0.31 | 0.45 | 0.42 | 0.49 | 0.42 | 0.47 | 0.49 | 0.37 |
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 fluctuations over the periods analyzed. The cash ratio measures a company's ability to cover its short-term liabilities with its cash and cash equivalents.
From March 31, 2020, to June 30, 2020, the cash ratio increased from 0.37 to 0.49, indicating an improvement in the company's liquidity position. However, the ratio slightly decreased in the following quarters, with fluctuations between 0.42 and 0.47 until March 31, 2021.
Subsequently, there was a slight increase in the cash ratio to 0.49 on March 31, 2021, before declining to 0.29 by June 30, 2022. The ratio continued to decrease over the next quarters, reaching its lowest point at 0.16 on December 31, 2023.
Overall, the cash ratio of Comcast Corp experienced variability, with a general downward trend in recent periods, indicating a potential decrease in the company's ability to cover its short-term obligations with cash and cash equivalents. This trend may suggest a need for closer monitoring of liquidity management by the company.
Peer comparison
Dec 31, 2024