Comcast Corp (CMCSA)
Financial leverage 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 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 |
| Total stockholders’ equity | US$ in thousands | 85,560,000 | 85,774,000 | 83,219,000 | 82,549,000 | 82,703,000 | 82,625,000 | 84,119,000 | 82,421,000 | 80,943,000 | 80,296,000 | 91,426,000 | 94,693,000 | 96,092,000 | 95,782,000 | 94,935,000 | 92,575,000 | 90,323,000 | 86,176,000 | 83,614,000 | 81,506,000 |
| Financial leverage ratio | 3.11 | 3.15 | 3.15 | 3.19 | 3.20 | 3.16 | 3.12 | 3.15 | 3.18 | 3.17 | 2.92 | 2.89 | 2.87 | 2.89 | 2.92 | 3.01 | 3.03 | 3.12 | 3.18 | 3.22 |
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 a decreasing trend from 3.22 in March 2020 to 3.11 in December 2024 with fluctuations in between. The ratio indicates that the company's debt level relative to its equity has been gradually improving over the years. A lower financial leverage ratio suggests that the company relies less on debt financing compared to equity financing, which could potentially indicate a lower financial risk. However, it is important to monitor the trend of the ratio over time to assess the company's capital structure and financial stability effectively.
Peer comparison
Dec 31, 2024