Comcast Corp (CMCSA)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 266,211,000 | 264,811,000 | 257,275,000 | 275,905,000 | 273,869,000 |
| Total stockholders’ equity | US$ in thousands | 85,560,000 | 82,703,000 | 80,943,000 | 96,092,000 | 90,323,000 |
| Financial leverage ratio | 3.11 | 3.20 | 3.18 | 2.87 | 3.03 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $266,211,000K ÷ $85,560,000K
= 3.11
The financial leverage ratio of Comcast Corp has shown fluctuations over the past five years. It decreased from 3.03 in December 2020 to 2.87 in December 2021, indicating a decrease in the company's reliance on debt to finance its operations. However, the ratio increased to 3.18 in December 2022 and 3.20 in December 2023, suggesting a higher level of financial leverage in those years. By the end of December 2024, the ratio slightly decreased to 3.11, showing a slight reduction in leverage compared to the previous two years. Overall, Comcast has maintained a relatively stable level of financial leverage, although it has experienced some fluctuations during this period.
Peer comparison
Dec 31, 2024