Comcast Corp (CMCSA)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 26,801,000 | 27,186,000 | 23,452,000 | 23,978,000 | 23,987,000 | 24,141,000 | 24,922,000 | 22,377,000 | 21,826,000 | 23,416,000 | 24,192,000 | 25,381,000 | 24,807,000 | 27,427,000 | 27,046,000 | 29,438,000 | 26,741,000 | 27,369,000 | 27,485,000 | 24,084,000 |
| 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 |
| Current ratio | 0.68 | 0.72 | 0.66 | 0.59 | 0.60 | 0.70 | 0.76 | 0.69 | 0.78 | 0.84 | 0.88 | 0.86 | 0.85 | 1.03 | 0.92 | 0.96 | 0.93 | 0.93 | 0.97 | 0.87 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $26,801,000K ÷ $39,581,000K
= 0.68
Comcast Corp's current ratio has fluctuated over the reporting periods, ranging from a low of 0.59 on March 31, 2024, to a high of 1.03 on September 30, 2021. The current ratio measures the company's ability to meet its short-term obligations with its current assets. A current ratio below 1 indicates that the company may have difficulty meeting its short-term liabilities with its current assets alone.
Throughout the data provided, the current ratio generally remained below 1, suggesting that Comcast may have had challenges in meeting its short-term obligations from its current assets alone. The company's current ratio showed some improvement in recent periods, with values rising above 0.9 from September 30, 2021 to March 31, 2022, but then declined again.
Overall, a low current ratio may indicate potential liquidity issues, which could affect Comcast's ability to cover its short-term obligations. It is important for investors and analysts to monitor the current ratio over time to assess the company's liquidity position.
Peer comparison
Dec 31, 2024