Comcast Balance Sheet Health
Financial Health criteria checks 3/6
Comcast has a total shareholder equity of $83.3B and total debt of $96.6B, which brings its debt-to-equity ratio to 115.9%. Its total assets and total liabilities are $263.6B and $180.3B respectively. Comcast's EBIT is $23.5B making its interest coverage ratio 5.8. It has cash and short-term investments of $6.5B.
Key information
115.9%
Debt to equity ratio
US$96.57b
Debt
Interest coverage ratio | 5.8x |
Cash | US$6.52b |
Equity | US$83.29b |
Total liabilities | US$180.31b |
Total assets | US$263.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMCS's short term assets ($24.0B) do not cover its short term liabilities ($40.3B).
Long Term Liabilities: CMCS's short term assets ($24.0B) do not cover its long term liabilities ($140.0B).
Debt to Equity History and Analysis
Debt Level: CMCS's net debt to equity ratio (108.1%) is considered high.
Reducing Debt: CMCS's debt to equity ratio has reduced from 141.4% to 115.9% over the past 5 years.
Debt Coverage: CMCS's debt is well covered by operating cash flow (30.2%).
Interest Coverage: CMCS's interest payments on its debt are well covered by EBIT (5.8x coverage).