Comcast Balance Sheet Health
Financial Health criteria checks 3/6
Comcast has a total shareholder equity of $86.5B and total debt of $101.4B, which brings its debt-to-equity ratio to 117.1%. Its total assets and total liabilities are $269.9B and $183.3B respectively. Comcast's EBIT is $22.8B making its interest coverage ratio 5.6. It has cash and short-term investments of $8.8B.
Key information
117.1%
Debt to equity ratio
US$101.36b
Debt
| Interest coverage ratio | 5.6x |
| Cash | US$8.81b |
| Equity | US$86.54b |
| Total liabilities | US$183.33b |
| Total assets | US$269.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTP2's short term assets ($27.2B) do not cover its short term liabilities ($37.8B).
Long Term Liabilities: CTP2's short term assets ($27.2B) do not cover its long term liabilities ($145.5B).
Debt to Equity History and Analysis
Debt Level: CTP2's net debt to equity ratio (106.9%) is considered high.
Reducing Debt: CTP2's debt to equity ratio has reduced from 125.3% to 117.1% over the past 5 years.
Debt Coverage: CTP2's debt is well covered by operating cash flow (25.2%).
Interest Coverage: CTP2's interest payments on its debt are well covered by EBIT (5.6x coverage).