Comcast Corp (CMCSA)
Interest coverage
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 23,674,000 | 23,850,000 | 24,565,000 | 24,713,000 | 24,846,000 | 24,471,000 | 15,273,000 | 14,115,000 | 13,625,000 | 13,913,000 | 22,857,000 | 24,063,000 | 23,699,000 | 24,020,000 | 21,678,000 | 19,893,000 | 18,486,000 | 18,219,000 | 19,400,000 | 19,577,000 |
| Interest expense (ttm) | US$ in thousands | 4,134,000 | 4,084,000 | 4,107,000 | 4,079,000 | 4,087,000 | 4,042,000 | 3,942,000 | 3,912,000 | 3,895,000 | 4,041,000 | 4,131,000 | 4,256,000 | 4,281,000 | 4,205,000 | 4,375,000 | 4,394,000 | 4,588,000 | 4,657,000 | 4,604,000 | 4,629,000 |
| Interest coverage | 5.73 | 5.84 | 5.98 | 6.06 | 6.08 | 6.05 | 3.87 | 3.61 | 3.50 | 3.44 | 5.53 | 5.65 | 5.54 | 5.71 | 4.95 | 4.53 | 4.03 | 3.91 | 4.21 | 4.23 |
December 31, 2024 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $23,674,000K ÷ $4,134,000K
= 5.73
Comcast Corp's interest coverage ratio has shown some fluctuations in the recent quarters. The interest coverage ratio is a measure of a company's ability to cover its interest expenses with its operating income. A higher ratio indicates that the company is more capable of meeting its interest obligations.
From March 31, 2020, to December 31, 2020, the interest coverage ratio ranged between 3.91 and 4.53, indicating decent but somewhat fluctuating coverage of interest expenses during this period.
From March 31, 2021, to June 30, 2022, the interest coverage ratio improved steadily, reaching a range of 4.95 to 5.71. This indicates that Comcast Corp's ability to cover its interest expenses with its operating income strengthened during this period.
However, from September 30, 2022, to December 31, 2024, the interest coverage ratio experienced a decline, falling to a range of 3.44 to 6.08. This variability may suggest changes in the company's operating income and/or interest expenses during this time frame.
Overall, it is important for investors and stakeholders to monitor Comcast Corp's interest coverage ratio closely to assess the company's ability to meet its interest obligations and manage its debt effectively.
Peer comparison
Dec 31, 2024