Comcast Corp (CMCSA)

Debt-to-assets 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
Long-term debt	US$ in thousands	89,800,000	—	—	—	92,200,000	85,500,000	90,500,000	89,900,000	86,900,000	82,100,000	90,400,000	99,800,000	109,300,000	112,400,000	114,700,000	117,800,000	125,600,000	124,200,000	124,700,000	118,800,000
Total assets	US$ in thousands	266,211,000	269,871,000	262,555,000	263,601,000	264,811,000	261,072,000	262,147,000	259,429,000	257,275,000	254,308,000	267,032,000	274,074,000	275,905,000	277,061,000	277,004,000	278,511,000	273,869,000	268,940,000	265,978,000	262,421,000
Debt-to-assets ratio		0.34	0.00	0.00	0.00	0.35	0.33	0.35	0.35	0.34	0.32	0.34	0.36	0.40	0.41	0.41	0.42	0.46	0.46	0.47	0.45

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $89,800,000K ÷ $266,211,000K
= 0.34

The debt-to-assets ratio of Comcast Corp has shown a declining trend from 0.45 as of March 31, 2020, to 0.34 as of December 31, 2024. This ratio indicates the proportion of the company's assets financed through debt, with a lower ratio suggesting lower financial risk and greater financial stability. The decreasing trend in the debt-to-assets ratio may imply that Comcast Corp is relying less on debt financing and has been effectively managing its capital structure over the analyzed period. However, the sudden drop to 0.00 in the ratio as of March 31, 2024, June 30, 2024, and September 30, 2024, followed by a return to 0.34 as of December 31, 2024, may require further investigation to understand the reasons behind these fluctuations in the debt-to-assets ratio.