Comcast Corp (CMCSA)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	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	25,392,000	22,323,000	21,361,000	20,273,000
Total current liabilities	US$ in thousands	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	30,292,000	25,989,000	31,008,000	27,917,000
Current ratio		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	0.84	0.86	0.69	0.73

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 been fluctuating over the past several quarters. It indicates the company's ability to meet its short-term obligations with its current assets.

The current ratio has decreased from 0.88 in March 2022 to 0.60 in December 2023. This downward trend suggests that the company may be facing challenges in managing its short-term liabilities with its current assets.

The current ratio below 1 indicates that Comcast Corp may have difficulty in meeting its short-term obligations using its current assets alone. It is important for investors and creditors to monitor this trend to assess the company's liquidity and short-term financial health.