Comcast Corp (CMCSA)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 26,801,000 | 23,987,000 | 21,826,000 | 24,807,000 | 26,741,000 |
| Total current liabilities | US$ in thousands | 39,581,000 | 40,198,000 | 27,887,000 | 29,348,000 | 28,796,000 |
| Current ratio | 0.68 | 0.60 | 0.78 | 0.85 | 0.93 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $26,801,000K ÷ $39,581,000K
= 0.68
The current ratio of Comcast Corp has shown a declining trend over the past five years, decreasing from 0.93 as of December 31, 2020, to 0.68 as of December 31, 2024. This indicates that the company's ability to cover its short-term obligations with its current assets has weakened over the period. A current ratio below 1 suggests that Comcast may potentially face liquidity challenges in meeting its immediate financial obligations. It is important for Comcast to closely monitor and manage its liquidity position to ensure its financial stability and ability to meet its short-term liabilities in a timely manner.
Peer comparison
Dec 31, 2024