Stock Analysis on Net

Comcast Corp. (NASDAQ:CMCSA)

Balance Sheet: Assets 

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Comcast Corp., consolidated balance sheet: assets

US$ in millions

Microsoft Excel LibreOffice Calc
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Cash and cash equivalents 8,711  11,740  5,500  3,814  3,428 
Receivables, net 12,008  11,466  11,292  11,104  8,546 
Programming rights —  —  3,877  3,746  1,613 
Other current assets 4,088  3,535  4,723  3,184  2,473 
Current assets 24,807  26,741  25,392  21,848  16,060 
Film and television costs 12,806  13,340  8,933  7,837  7,076 
Investments 8,082  7,820  6,989  7,883  6,931 
Investment securing collateralized obligation 605  447  694  —  — 
Property and equipment, net 54,047  51,995  48,322  44,437  38,470 
Goodwill 70,189  70,669  68,725  66,154  36,780 
Franchise rights 59,365  59,365  59,365  59,365  59,364 
Other intangible assets, net 33,580  35,389  36,128  38,358  18,779 
Intangible assets, net 92,945  94,754  95,493  97,723  78,143 
Other noncurrent assets, net 12,424  8,103  8,866  5,802  3,489 
Noncurrent assets 251,098  247,128  238,022  229,836  170,889 
Total assets 275,905  273,869  263,414  251,684  186,949 

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Comcast Corp. current assets increased from 2019 to 2020 but then decreased significantly from 2020 to 2021.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Comcast Corp. property and equipment, net increased from 2019 to 2020 and from 2020 to 2021.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Comcast Corp. noncurrent assets increased from 2019 to 2020 and from 2020 to 2021.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Comcast Corp. total assets increased from 2019 to 2020 and from 2020 to 2021.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Comcast Corp. cash and cash equivalents increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Receivables, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Comcast Corp. receivables, net increased from 2019 to 2020 and from 2020 to 2021.