Comcast Corp (CMCSA)

Current ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Total current assets	US$ in thousands	23,987,000	21,826,000	24,807,000	26,741,000	25,392,000
Total current liabilities	US$ in thousands	40,198,000	27,887,000	29,348,000	28,796,000	30,292,000
Current ratio		0.60	0.78	0.85	0.93	0.84

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $23,987,000K ÷ $40,198,000K
= 0.60

The current ratio of Comcast Corp has shown a declining trend over the past five years, dropping from 0.84 in 2019 to 0.60 in 2023. This indicates that the company's short-term liquidity position has weakened, as the current assets available to cover its current liabilities have decreased. While a higher current ratio is generally preferred as it suggests a stronger ability to meet its short-term obligations, the decreasing trend in Comcast's current ratio warrants closer attention to its liquidity management and potential impact on the company's financial health.