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, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 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
Current ratio 0.96 0.93 0.93 0.97 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
Quick ratio 0.84 0.81 0.81 0.85 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
Cash ratio 0.49 0.41 0.46 0.49 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

Based on: 10-Q (filing date: 2021-04-29), 10-K (filing date: 2021-02-04), 10-Q (filing date: 2020-10-29), 10-Q (filing date: 2020-07-30), 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).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Comcast Corp.’s current ratio improved from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Comcast Corp.’s quick ratio deteriorated from Q3 2020 to Q4 2020 but then improved from Q4 2020 to Q1 2021 exceeding Q3 2020 level.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Comcast Corp.’s cash ratio deteriorated from Q3 2020 to Q4 2020 but then improved from Q4 2020 to Q1 2021 exceeding Q3 2020 level.

Current Ratio

Comcast Corp., current ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 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
Selected Financial Data (US$ in millions)
Current assets 29,438  26,741  27,369  27,485  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 
Current liabilities 30,811  28,796  29,511  28,445  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 
Liquidity Ratio
Current ratio1 0.96 0.93 0.93 0.97 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
Benchmarks
Current Ratio, Competitors2
Charter Communications Inc. 0.37 0.40 0.40 0.52 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
Netflix Inc. 1.27 1.25 1.24 1.12 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
Walt Disney Co. 1.31 1.32 1.34 0.94 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

Based on: 10-Q (filing date: 2021-04-29), 10-K (filing date: 2021-02-04), 10-Q (filing date: 2020-10-29), 10-Q (filing date: 2020-07-30), 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).

1 Q1 2021 Calculation
Current ratio = Current assets ÷ Current liabilities
= 29,438 ÷ 30,811 = 0.96

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 improved from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.

Quick Ratio

Comcast Corp., quick ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 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
Selected Financial Data (US$ in millions)
Cash and cash equivalents 14,950  11,740  13,707  13,935  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 
Receivables, net 10,986  11,466  10,310  10,227  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 
Total quick assets 25,936  23,206  24,017  24,162  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 
 
Current liabilities 30,811  28,796  29,511  28,445  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 
Liquidity Ratio
Quick ratio1 0.84 0.81 0.81 0.85 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
Benchmarks
Quick Ratio, Competitors2
Charter Communications Inc. 0.32 0.32 0.33 0.45 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
Netflix Inc. 1.06 1.05 1.06 0.94 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
Walt Disney Co. 1.17 1.15 1.16 0.81 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

Based on: 10-Q (filing date: 2021-04-29), 10-K (filing date: 2021-02-04), 10-Q (filing date: 2020-10-29), 10-Q (filing date: 2020-07-30), 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).

1 Q1 2021 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 25,936 ÷ 30,811 = 0.84

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 deteriorated from Q3 2020 to Q4 2020 but then improved from Q4 2020 to Q1 2021 exceeding Q3 2020 level.

Cash Ratio

Comcast Corp., cash ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 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
Selected Financial Data (US$ in millions)
Cash and cash equivalents 14,950  11,740  13,707  13,935  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 
Total cash assets 14,950  11,740  13,707  13,935  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 
 
Current liabilities 30,811  28,796  29,511  28,445  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 
Liquidity Ratio
Cash ratio1 0.49 0.41 0.46 0.49 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
Benchmarks
Cash Ratio, Competitors2
Charter Communications Inc. 0.08 0.10 0.13 0.23 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
Netflix Inc. 1.06 1.05 1.06 0.94 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
Walt Disney Co. 0.64 0.67 0.75 0.40 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

Based on: 10-Q (filing date: 2021-04-29), 10-K (filing date: 2021-02-04), 10-Q (filing date: 2020-10-29), 10-Q (filing date: 2020-07-30), 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).

1 Q1 2021 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 14,950 ÷ 30,811 = 0.49

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 deteriorated from Q3 2020 to Q4 2020 but then improved from Q4 2020 to Q1 2021 exceeding Q3 2020 level.