Comcast Intangible Assets from 2010 to 2024

CMCSA Stock  USD 38.54  0.51  1.31%   
Comcast Corp's Intangible Assets are increasing over the years with slightly volatile fluctuation. Intangible Assets are expected to dwindle to about 66.6 B. Intangible Assets is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. View All Fundamentals
 
Intangible Assets  
First Reported
1991-12-31
Previous Quarter
100.1 B
Current Value
99.2 B
Quarterly Volatility
29.6 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Comcast Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comcast main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.1 B, Interest Expense of 4.3 B or Selling General Administrative of 41.1 B, as well as many exotic indicators such as Price To Sales Ratio of 2.87, Dividend Yield of 0.0277 or PTB Ratio of 2.98. Comcast financial statements analysis is a perfect complement when working with Comcast Corp Valuation or Volatility modules.
  
This module can also supplement Comcast Corp's financial leverage analysis and stock options assessment as well as various Comcast Corp Technical models . Check out the analysis of Comcast Corp Correlation against competitors.
For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.

Latest Comcast Corp's Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Comcast Corp over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Comcast Corp's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Comcast Corp's overall financial position and show how it may be relating to other accounts over time.
Intangible Assets10 Years Trend
Slightly volatile
   Intangible Assets   
       Timeline  

Comcast Intangible Assets Regression Statistics

Arithmetic Mean84,459,701,161
Geometric Mean61,784,051,577
Coefficient Of Variation31.40
Mean Deviation15,886,678,916
Median83,890,000,000
Standard Deviation26,523,944,496
Sample Variance703519631.6T
Range107.8B
R-Value0.56
Mean Square Error517834867.5T
R-Squared0.32
Significance0.03
Slope3,336,712,221
Total Sum of Squares9849274842.5T

Comcast Intangible Assets History

202466.6 B
2023100.1 B
2022101.2 B
2021105.8 B
2020108.1 B
2019104.4 B
2018105.6 B

About Comcast Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Comcast Corp income statement, its balance sheet, and the statement of cash flows. Comcast Corp investors use historical funamental indicators, such as Comcast Corp's Intangible Assets, to determine how well the company is positioned to perform in the future. Although Comcast Corp investors may use each financial statement separately, they are all related. The changes in Comcast Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Comcast Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Comcast Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Comcast Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Intangible Assets100.1 B66.6 B

Pair Trading with Comcast Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Comcast Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Comcast Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Comcast Stock

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The ability to find closely correlated positions to Comcast Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comcast Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Comcast Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Comcast Corp to buy it.
The correlation of Comcast Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Comcast Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comcast Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Comcast Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Comcast Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comcast Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comcast Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comcast Corp Stock:
Check out the analysis of Comcast Corp Correlation against competitors.
For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Comcast Stock analysis

When running Comcast Corp's price analysis, check to measure Comcast Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comcast Corp is operating at the current time. Most of Comcast Corp's value examination focuses on studying past and present price action to predict the probability of Comcast Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comcast Corp's price. Additionally, you may evaluate how the addition of Comcast Corp to your portfolios can decrease your overall portfolio volatility.
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Is Comcast Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comcast Corp. If investors know Comcast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comcast Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.066
Dividend Share
1.18
Earnings Share
3.77
Revenue Per Share
30.036
Quarterly Revenue Growth
0.012
The market value of Comcast Corp is measured differently than its book value, which is the value of Comcast that is recorded on the company's balance sheet. Investors also form their own opinion of Comcast Corp's value that differs from its market value or its book value, called intrinsic value, which is Comcast Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comcast Corp's market value can be influenced by many factors that don't directly affect Comcast Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comcast Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comcast Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comcast Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.