Comcast Net Receivables vs Current Deferred Revenue Analysis
CMCSA Stock | USD 39.09 0.04 0.10% |
Comcast Corp financial indicator trend analysis is way more than just evaluating Comcast Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comcast Corp is a good investment. Please check the relationship between Comcast Corp Net Receivables and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comcast Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.
Net Receivables vs Current Deferred Revenue
Net Receivables vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comcast Corp Net Receivables account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Comcast Corp's Net Receivables and Current Deferred Revenue is -0.11. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Comcast Corp, assuming nothing else is changed. The correlation between historical values of Comcast Corp's Net Receivables and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Comcast Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Receivables i.e., Comcast Corp's Net Receivables and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Comcast Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comcast Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comcast Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.At present, Comcast Corp's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 12.80, whereas Tax Provision is forecasted to decline to about 3.4 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 77.9B | 83.2B | 84.8B | 89.1B | Total Revenue | 116.4B | 121.4B | 121.6B | 127.7B |
Comcast Corp fundamental ratios Correlations
Click cells to compare fundamentals
Comcast Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Comcast Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 263.4B | 273.9B | 275.9B | 257.3B | 264.8B | 278.1B | |
Short Long Term Debt Total | 102.2B | 103.8B | 94.9B | 94.8B | 97.1B | 101.9B | |
Other Current Liab | 12.2B | 11.3B | 11.7B | 11.2B | 22.5B | 23.6B | |
Total Current Liabilities | 30.3B | 28.8B | 29.3B | 27.9B | 40.2B | 42.2B | |
Total Stockholder Equity | 82.7B | 90.3B | 96.1B | 80.9B | 82.7B | 86.8B | |
Property Plant And Equipment Net | 48.3B | 52.0B | 54.0B | 55.5B | 59.7B | 62.7B | |
Net Debt | 96.7B | 92.0B | 86.1B | 90.1B | 90.9B | 95.4B | |
Retained Earnings | 50.7B | 56.4B | 61.9B | 51.6B | 52.9B | 55.5B | |
Cash | 5.5B | 11.7B | 8.7B | 4.7B | 6.2B | 6.5B | |
Non Current Assets Total | 238.0B | 247.1B | 251.1B | 235.4B | 240.8B | 252.8B | |
Non Currrent Assets Other | (19.3B) | (19.9B) | (17.6B) | (16.2B) | (13.7B) | (13.0B) | |
Cash And Short Term Investments | 5.5B | 11.7B | 8.7B | 4.7B | 6.2B | 3.3B | |
Net Receivables | 11.3B | 11.5B | 12.0B | 12.7B | 13.8B | 14.5B | |
Common Stock Shares Outstanding | 4.6B | 4.6B | 4.7B | 4.4B | 4.1B | 3.3B | |
Liabilities And Stockholders Equity | 263.4B | 273.9B | 275.9B | 257.3B | 264.8B | 278.1B | |
Non Current Liabilities Total | 147.9B | 152.1B | 148.5B | 147.4B | 141.1B | 148.2B | |
Other Current Assets | 8.6B | 3.5B | 4.1B | 4.4B | 4.0B | 4.2B | |
Other Stockholder Equity | 29.6B | 30.7B | 32.1B | 31.9B | 31.0B | 21.8B | |
Total Liab | 178.2B | 180.9B | 177.9B | 175.2B | 181.3B | 190.4B | |
Property Plant And Equipment Gross | 48.3B | 52.0B | 109.7B | 112.4B | 118.4B | 124.3B | |
Total Current Assets | 25.4B | 26.7B | 24.8B | 21.8B | 24.0B | 25.2B | |
Accumulated Other Comprehensive Income | 1.0B | 1.9B | 1.5B | (2.6B) | (1.3B) | (1.2B) | |
Short Term Debt | 4.5B | 3.1B | 2.1B | 1.7B | 2.1B | 2.0B | |
Accounts Payable | 10.8B | 11.4B | 12.5B | 12.5B | 12.4B | 13.1B | |
Intangible Assets | 104.4B | 108.1B | 105.8B | 101.2B | 100.1B | 66.6B | |
Other Liab | 41.1B | 46.3B | 50.7B | 43.0B | 49.5B | 51.9B | |
Other Assets | 14.5B | 21.9B | 25.8B | 8M | 35M | 33.3M | |
Long Term Debt | 97.8B | 100.6B | 92.7B | 93.1B | 95.0B | 53.9B | |
Property Plant Equipment | 48.3B | 52.0B | 54.0B | 55.5B | 63.8B | 32.6B | |
Current Deferred Revenue | 2.8B | 3.0B | 3.0B | 2.4B | 3.2B | 2.0B | |
Good Will | 68.7B | 70.7B | 70.2B | 58.5B | 59.3B | 37.1B | |
Noncontrolling Interest In Consolidated Entity | 1.1B | 1.4B | 1.4B | 684M | 615.6M | 584.8M | |
Retained Earnings Total Equity | 50.7B | 56.4B | 61.9B | 51.6B | 59.4B | 34.4B | |
Deferred Long Term Liab | 28.2B | 28.1B | 30.0B | 28.7B | 33.0B | 21.7B |
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
0.74 | IQ | iQIYI Inc Financial Report 21st of May 2024 | PairCorr |
0.74 | WLYB | John Wiley Sons | PairCorr |
0.71 | EDR | Endeavor Group Holdings Financial Report 14th of May 2024 | PairCorr |
0.69 | CURIW | CuriosityStream | PairCorr |
0.67 | IMAQR | International Media | PairCorr |
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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comcast Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Stocks Directory Find actively traded stocks across global markets | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
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.