Stock Analysis on Net
Stock Analysis on Net

Comcast Corp. (NASDAQ:CMCSA)

Analysis of Liquidity Ratios
Quarterly Data

Beginner level


Liquidity Ratios (Summary)

Comcast Corp., liquidity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Current ratio 0.87 0.84 0.86 0.69 0.73 0.79 1.18 0.96 0.98 0.74 0.74 0.67 0.80 0.76 0.84 0.84 0.80 0.68 0.66 0.76 0.70
Quick ratio 0.70 0.55 0.55 0.48 0.51 0.54 1.00 0.77 0.77 0.56 0.56 0.47 0.61 0.52 0.57 0.65 0.63 0.51 0.49 0.60 0.54
Cash ratio 0.31 0.18 0.13 0.13 0.13 0.14 0.54 0.30 0.31 0.16 0.19 0.12 0.21 0.15 0.16 0.27 0.29 0.13 0.11 0.20 0.21

Based on: 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-01-30), 10-Q (filing date: 2019-10-24), 10-Q (filing date: 2019-07-25), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-01-31), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-01-31), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-04-27), 10-K (filing date: 2017-02-03), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27), 10-K (filing date: 2016-02-05), 10-Q (filing date: 2015-10-27), 10-Q (filing date: 2015-07-23), 10-Q (filing date: 2015-05-04).

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 Q3 2019 to Q4 2019 but then improved from Q4 2019 to Q1 2020 exceeding Q3 2019 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 Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Comcast Corp.’s cash ratio improved from Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.

Current Ratio

Comcast Corp., current ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Current assets 24,084  25,392  22,323  21,361  20,273  21,848  23,206  18,215  18,753  16,060  15,960  14,832  15,245  16,361  15,228  14,777  15,180  12,303  11,501  13,319  12,921 
Current liabilities 27,600  30,292  25,989  31,008  27,917  27,603  19,627  19,007  19,179  21,561  21,449  22,276  19,074  21,535  18,038  17,601  19,084  18,178  17,359  17,565  18,502 
Liquidity Ratio
Current ratio1 0.87 0.84 0.86 0.69 0.73 0.79 1.18 0.96 0.98 0.74 0.74 0.67 0.80 0.76 0.84 0.84 0.80 0.68 0.66 0.76 0.70
Benchmarks
Current Ratio, Competitors2
Charter Communications Inc. 0.44 0.52 0.28 0.34 0.31 0.23 0.23 0.20 0.21 0.23 0.40 0.32 0.49 0.34 0.32 0.26 0.84 0.17 0.22 0.28 0.88
Netflix Inc. 0.82 0.90 0.73 0.85 0.61 1.49 1.39 1.54 1.30 1.40 1.20 1.31 1.15 1.25 1.18 1.33 1.41 1.54 1.67 1.74 1.84
Walt Disney Co. 0.80 0.90 0.70 0.77 1.00 0.94 0.88 0.85 0.87 0.81 1.00 0.94 0.86 1.01 0.97 1.00 0.95 1.03 1.11 1.17 1.03

Based on: 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-01-30), 10-Q (filing date: 2019-10-24), 10-Q (filing date: 2019-07-25), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-01-31), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-01-31), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-04-27), 10-K (filing date: 2017-02-03), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27), 10-K (filing date: 2016-02-05), 10-Q (filing date: 2015-10-27), 10-Q (filing date: 2015-07-23), 10-Q (filing date: 2015-05-04).

1 Q1 2020 Calculation
Current ratio = Current assets ÷ Current liabilities
= 24,084 ÷ 27,600 = 0.87

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 Q3 2019 to Q4 2019 but then improved from Q4 2019 to Q1 2020 exceeding Q3 2019 level.

Quick Ratio

Comcast Corp., quick ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Cash and cash equivalents 8,516  5,500  3,507  3,919  3,498  3,814  10,616  5,726  6,030  3,428  4,114  2,693  4,022  3,301  2,807  4,665  5,628  2,295  1,893  3,486  3,937 
Receivables, net 10,800  11,292  10,684  10,835  10,736  11,104  8,983  8,847  8,759  8,546  7,915  7,849  7,525  7,955  7,533  6,708  6,375  6,896  6,527  7,016  6,144 
Total quick assets 19,316  16,792  14,191  14,754  14,234  14,918  19,599  14,573  14,789  11,974  12,029  10,542  11,547  11,256  10,340  11,373  12,003  9,191  8,420  10,502  10,081 
 
Current liabilities 27,600  30,292  25,989  31,008  27,917  27,603  19,627  19,007  19,179  21,561  21,449  22,276  19,074  21,535  18,038  17,601  19,084  18,178  17,359  17,565  18,502 
Liquidity Ratio
Quick ratio1 0.70 0.55 0.55 0.48 0.51 0.54 1.00 0.77 0.77 0.56 0.56 0.47 0.61 0.52 0.57 0.65 0.63 0.51 0.49 0.60 0.54
Benchmarks
Quick Ratio, Competitors2
Charter Communications Inc. 0.38 0.46 0.23 0.28 0.25 0.19 0.20 0.17 0.17 0.20 0.37 0.27 0.44 0.31 0.28 0.22 0.80 0.14 0.16 0.21 0.86
Netflix Inc. 0.72 0.80 0.68 0.79 0.55 0.64 0.49 0.64 0.43 0.52 0.33 0.42 0.27 0.38 0.30 0.45 0.53 0.65 0.78 0.87 0.98
Walt Disney Co. 0.69 0.67 0.50 0.56 0.83 0.75 0.71 0.70 0.73 0.65 0.82 0.75 0.70 0.81 0.78 0.81 0.78 0.75 0.84 0.89 0.81

Based on: 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-01-30), 10-Q (filing date: 2019-10-24), 10-Q (filing date: 2019-07-25), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-01-31), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-01-31), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-04-27), 10-K (filing date: 2017-02-03), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27), 10-K (filing date: 2016-02-05), 10-Q (filing date: 2015-10-27), 10-Q (filing date: 2015-07-23), 10-Q (filing date: 2015-05-04).

1 Q1 2020 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 19,316 ÷ 27,600 = 0.70

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 Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.

Cash Ratio

Comcast Corp., cash ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Cash and cash equivalents 8,516  5,500  3,507  3,919  3,498  3,814  10,616  5,726  6,030  3,428  4,114  2,693  4,022  3,301  2,807  4,665  5,628  2,295  1,893  3,486  3,937 
Total cash assets 8,516  5,500  3,507  3,919  3,498  3,814  10,616  5,726  6,030  3,428  4,114  2,693  4,022  3,301  2,807  4,665  5,628  2,295  1,893  3,486  3,937 
 
Current liabilities 27,600  30,292  25,989  31,008  27,917  27,603  19,627  19,007  19,179  21,561  21,449  22,276  19,074  21,535  18,038  17,601  19,084  18,178  17,359  17,565  18,502 
Liquidity Ratio
Cash ratio1 0.31 0.18 0.13 0.13 0.13 0.14 0.54 0.30 0.31 0.16 0.19 0.12 0.21 0.15 0.16 0.27 0.29 0.13 0.11 0.20 0.21
Benchmarks
Cash Ratio, Competitors2
Charter Communications Inc. 0.22 0.28 0.04 0.07 0.12 0.05 0.05 0.06 0.05 0.06 0.21 0.09 0.31 0.16 0.13 0.06 0.66 0.00 0.00 0.02 0.83
Netflix Inc. 0.66 0.73 0.61 0.72 0.49 0.58 0.49 0.64 0.43 0.52 0.33 0.42 0.27 0.38 0.30 0.45 0.53 0.65 0.78 0.87 0.98
Walt Disney Co. 0.20 0.17 0.15 0.23 0.25 0.23 0.21 0.21 0.24 0.21 0.25 0.22 0.19 0.27 0.29 0.29 0.23 0.26 0.30 0.28 0.30

Based on: 10-Q (filing date: 2020-04-30), 10-K (filing date: 2020-01-30), 10-Q (filing date: 2019-10-24), 10-Q (filing date: 2019-07-25), 10-Q (filing date: 2019-04-25), 10-K (filing date: 2019-01-31), 10-Q (filing date: 2018-10-25), 10-Q (filing date: 2018-07-26), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-01-31), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-04-27), 10-K (filing date: 2017-02-03), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27), 10-K (filing date: 2016-02-05), 10-Q (filing date: 2015-10-27), 10-Q (filing date: 2015-07-23), 10-Q (filing date: 2015-05-04).

1 Q1 2020 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 8,516 ÷ 27,600 = 0.31

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 Q3 2019 to Q4 2019 and from Q4 2019 to Q1 2020.