Microsoft Excel LibreOffice Calc

Comcast Corp. (CMCSA)


Analysis of Liquidity Ratios

Low level of difficulty


Liquidity Ratios (Summary)

Comcast Corp., liquidity ratios

Microsoft Excel LibreOffice Calc
Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Current ratio 0.79 0.74 0.76 0.68 0.78
Quick ratio 0.54 0.56 0.52 0.51 0.59
Cash ratio 0.14 0.16 0.15 0.13 0.22

Based on: 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-01-31), 10-K (filing date: 2017-02-03), 10-K (filing date: 2016-02-05), 10-K (filing date: 2015-02-27).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Comcast Corp.’s current ratio deteriorated from 2016 to 2017 but then improved from 2017 to 2018 exceeding 2016 level.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Comcast Corp.’s quick ratio improved from 2016 to 2017 but then slightly deteriorated from 2017 to 2018.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Comcast Corp.’s cash ratio improved from 2016 to 2017 but then deteriorated significantly from 2017 to 2018.

Current Ratio

Comcast Corp., current ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Selected Financial Data (US$ in millions)
Current assets 21,848  16,060  16,361  12,303  13,531 
Current liabilities 27,603  21,561  21,535  18,178  17,410 
Liquidity Ratio
Current ratio1 0.79 0.74 0.76 0.68 0.78
Benchmarks
Current Ratio, Competitors2
Charter Communications Inc. 0.23 0.23 0.34 0.17 0.23
Walt Disney Co. 0.94 0.81 1.01 1.03 1.14
Current Ratio, Sector
Media 0.72 0.66 0.76 0.81 0.90
Current Ratio, Industry
Consumer Services 0.94 0.95 1.03 1.08 1.09

Based on: 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-01-31), 10-K (filing date: 2017-02-03), 10-K (filing date: 2016-02-05), 10-K (filing date: 2015-02-27).

1 2018 Calculation
Current ratio = Current assets ÷ Current liabilities
= 21,848 ÷ 27,603 = 0.79

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Comcast Corp.’s current ratio deteriorated from 2016 to 2017 but then improved from 2017 to 2018 exceeding 2016 level.

Quick Ratio

Comcast Corp., quick ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Selected Financial Data (US$ in millions)
Cash and cash equivalents 3,814  3,428  3,301  2,295  3,910 
Receivables, net 11,104  8,546  7,955  6,896  6,321 
Total quick assets 14,918  11,974  11,256  9,191  10,231 
 
Current liabilities 27,603  21,561  21,535  18,178  17,410 
Liquidity Ratio
Quick ratio1 0.54 0.56 0.52 0.51 0.59
Benchmarks
Quick Ratio, Competitors2
Charter Communications Inc. 0.19 0.20 0.31 0.14 0.18
Walt Disney Co. 0.75 0.65 0.81 0.75 0.85
Quick Ratio, Sector
Media 0.53 0.51 0.58 0.60 0.67
Quick Ratio, Industry
Consumer Services 0.49 0.48 0.52 0.51 0.53

Based on: 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-01-31), 10-K (filing date: 2017-02-03), 10-K (filing date: 2016-02-05), 10-K (filing date: 2015-02-27).

1 2018 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 14,918 ÷ 27,603 = 0.54

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Comcast Corp.’s quick ratio improved from 2016 to 2017 but then slightly deteriorated from 2017 to 2018.

Cash Ratio

Comcast Corp., cash ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Selected Financial Data (US$ in millions)
Cash and cash equivalents 3,814  3,428  3,301  2,295  3,910 
Total cash assets 3,814  3,428  3,301  2,295  3,910 
 
Current liabilities 27,603  21,561  21,535  18,178  17,410 
Liquidity Ratio
Cash ratio1 0.14 0.16 0.15 0.13 0.22
Benchmarks
Cash Ratio, Competitors2
Charter Communications Inc. 0.05 0.06 0.16 0.00 0.00
Walt Disney Co. 0.23 0.21 0.27 0.26 0.26
Cash Ratio, Sector
Media 0.15 0.15 0.20 0.18 0.23
Cash Ratio, Industry
Consumer Services 0.28 0.27 0.31 0.30 0.29

Based on: 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-01-31), 10-K (filing date: 2017-02-03), 10-K (filing date: 2016-02-05), 10-K (filing date: 2015-02-27).

1 2018 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 3,814 ÷ 27,603 = 0.14

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Comcast Corp.’s cash ratio improved from 2016 to 2017 but then deteriorated significantly from 2017 to 2018.