Comcast Other Stockholder Equity vs Net Debt 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 Other Stockholder Equity and its Net Debt 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.

Other Stockholder Equity vs Net Debt

Other Stockholder Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comcast Corp Other Stockholder Equity account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Comcast Corp's Other Stockholder Equity and Net Debt is 0.43. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Debt 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 Other Stockholder Equity and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Comcast Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Stockholder Equity i.e., Comcast Corp's Other Stockholder Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Other Stockholder Equity

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

Gross Profit Total Revenue

Comcast Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Inventory	Common Stock	Common Stock Total Equity
Total Assets		0.96	0.77	0.92	0.98	0.97	0.95	0.93	0.61	1.0	-0.66	0.46	0.96	0.42	0.99	0.7	0.61	1.0	0.77	0.95	0.26	0.96	0.85	0.81	0.76	-0.71
Short Long Term Debt Total	0.96		0.73	0.9	0.93	0.93	1.0	0.94	0.51	0.96	-0.66	0.35	0.96	0.25	0.98	0.78	0.45	0.96	0.72	0.92	0.28	0.92	0.78	0.88	0.62	-0.56
Other Current Liab	0.77	0.73		0.92	0.72	0.84	0.73	0.71	0.35	0.78	-0.5	0.15	0.83	0.13	0.74	0.42	0.31	0.79	0.82	0.7	-0.06	0.81	0.45	0.74	0.51	-0.49
Total Current Liabilities	0.92	0.9	0.92		0.9	0.97	0.9	0.89	0.51	0.92	-0.65	0.32	0.97	0.22	0.9	0.61	0.42	0.93	0.85	0.89	0.18	0.94	0.65	0.84	0.63	-0.59
Total Stockholder Equity	0.98	0.93	0.72	0.9		0.96	0.91	0.96	0.63	0.98	-0.69	0.48	0.94	0.41	0.96	0.65	0.6	0.96	0.77	0.94	0.27	0.96	0.84	0.77	0.75	-0.69
Property Plant And Equipment Net	0.97	0.93	0.84	0.97	0.96		0.92	0.94	0.54	0.97	-0.69	0.35	0.99	0.3	0.96	0.62	0.51	0.96	0.87	0.91	0.18	0.98	0.75	0.83	0.69	-0.65
Net Debt	0.95	1.0	0.73	0.9	0.91	0.92		0.92	0.43	0.95	-0.63	0.27	0.95	0.23	0.97	0.8	0.43	0.95	0.72	0.88	0.3	0.9	0.76	0.88	0.61	-0.54
Retained Earnings	0.93	0.94	0.71	0.89	0.96	0.94	0.92		0.59	0.93	-0.81	0.4	0.95	0.13	0.92	0.62	0.35	0.91	0.83	0.9	0.13	0.95	0.69	0.88	0.53	-0.45
Cash	0.61	0.51	0.35	0.51	0.63	0.54	0.43	0.59		0.58	-0.59	0.92	0.52	0.24	0.56	0.16	0.36	0.58	0.41	0.76	-0.01	0.61	0.51	0.48	0.41	-0.37
Non Current Assets Total	1.0	0.96	0.78	0.92	0.98	0.97	0.95	0.93	0.58		-0.65	0.43	0.96	0.42	0.99	0.7	0.62	1.0	0.77	0.94	0.26	0.96	0.85	0.81	0.77	-0.71
Non Currrent Assets Other	-0.66	-0.66	-0.5	-0.65	-0.69	-0.69	-0.63	-0.81	-0.59	-0.65		-0.44	-0.7	0.17	-0.65	-0.35	-0.04	-0.62	-0.7	-0.7	0.21	-0.78	-0.38	-0.8	-0.15	0.09
Cash And Short Term Investments	0.46	0.35	0.15	0.32	0.48	0.35	0.27	0.4	0.92	0.43	-0.44		0.33	0.38	0.42	0.06	0.45	0.44	0.21	0.64	0.04	0.42	0.54	0.26	0.41	-0.38
Net Receivables	0.96	0.96	0.83	0.97	0.94	0.99	0.95	0.95	0.52	0.96	-0.7	0.33		0.22	0.95	0.66	0.43	0.95	0.87	0.91	0.2	0.97	0.71	0.88	0.63	-0.57
Common Stock Shares Outstanding	0.42	0.25	0.13	0.22	0.41	0.3	0.23	0.13	0.24	0.42	0.17	0.38	0.22		0.4	0.32	0.96	0.43	0.0	0.35	0.57	0.25	0.76	-0.14	0.89	-0.91
Non Current Liabilities Total	0.99	0.98	0.74	0.9	0.96	0.96	0.97	0.92	0.56	0.99	-0.65	0.42	0.95	0.4		0.74	0.59	0.99	0.74	0.94	0.29	0.94	0.85	0.83	0.74	-0.68
Other Current Assets	0.7	0.78	0.42	0.61	0.65	0.62	0.8	0.62	0.16	0.7	-0.35	0.06	0.66	0.32	0.74		0.42	0.72	0.32	0.66	0.59	0.59	0.67	0.61	0.54	-0.49
Other Stockholder Equity	0.61	0.45	0.31	0.42	0.6	0.51	0.43	0.35	0.36	0.62	-0.04	0.45	0.43	0.96	0.59	0.42		0.61	0.24	0.53	0.5	0.47	0.88	0.09	0.95	-0.95
Total Liab	1.0	0.96	0.79	0.93	0.96	0.96	0.95	0.91	0.58	1.0	-0.62	0.44	0.95	0.43	0.99	0.72	0.61		0.76	0.94	0.26	0.95	0.85	0.82	0.77	-0.72
Property Plant And Equipment Gross	0.77	0.72	0.82	0.85	0.77	0.87	0.72	0.83	0.41	0.77	-0.7	0.21	0.87	0.0	0.74	0.32	0.24	0.76		0.71	-0.21	0.89	0.44	0.8	0.4	-0.36
Total Current Assets	0.95	0.92	0.7	0.89	0.94	0.91	0.88	0.9	0.76	0.94	-0.7	0.64	0.91	0.35	0.94	0.66	0.53	0.94	0.71		0.27	0.92	0.8	0.8	0.68	-0.63
Short Term Debt	0.26	0.28	-0.06	0.18	0.27	0.18	0.3	0.13	-0.01	0.26	0.21	0.04	0.2	0.57	0.29	0.59	0.5	0.26	-0.21	0.27		0.07	0.5	-0.07	0.55	-0.54
Accounts Payable	0.96	0.92	0.81	0.94	0.96	0.98	0.9	0.95	0.61	0.96	-0.78	0.42	0.97	0.25	0.94	0.59	0.47	0.95	0.89	0.92	0.07		0.72	0.87	0.63	-0.58
Intangible Assets	0.85	0.78	0.45	0.65	0.84	0.75	0.76	0.69	0.51	0.85	-0.38	0.54	0.71	0.76	0.85	0.67	0.88	0.85	0.44	0.8	0.5	0.72		0.48	0.9	-0.86
Inventory	0.81	0.88	0.74	0.84	0.77	0.83	0.88	0.88	0.48	0.81	-0.8	0.26	0.88	-0.14	0.83	0.61	0.09	0.82	0.8	0.8	-0.07	0.87	0.48		0.27	-0.2
Common Stock	0.76	0.62	0.51	0.63	0.75	0.69	0.61	0.53	0.41	0.77	-0.15	0.41	0.63	0.89	0.74	0.54	0.95	0.77	0.4	0.68	0.55	0.63	0.9	0.27		-0.99
Common Stock Total Equity	-0.71	-0.56	-0.49	-0.59	-0.69	-0.65	-0.54	-0.45	-0.37	-0.71	0.09	-0.38	-0.57	-0.91	-0.68	-0.49	-0.95	-0.72	-0.36	-0.63	-0.54	-0.58	-0.86	-0.2	-0.99

Click cells to compare fundamentals

Comcast Corp Account Relationship Matchups

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

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0.71	EDR	Endeavor Group Holdings Financial Report 14th of May 2024	Pair Corr
0.69	CURIW	CuriosityStream	Pair Corr
0.67	IMAQR	International Media	Pair Corr

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 Correlation Correlation 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:

How To Invest In Comcast

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Is Comcast Stock a good investment?

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What is Comcast Corp's Net Worth?

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Largest Cable & Satellite Companies

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Largest Media & Entertainment Companies

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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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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.

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Comcast Other Stockholder Equity vs Net Debt Analysis

Other Stockholder Equity vs Net Debt

Other Stockholder Equity vs Net Debt Correlation Analysis

Correlation Coefficient

Other Stockholder Equity

Net Debt

Comcast Corp fundamental ratios Correlations

Comcast Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Comcast Corp fundamental ratios Accounts

Pair Trading with Comcast Corp

Moving against Comcast Stock

Complementary Tools for Comcast Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Non Current Assets Total
Non Current Liabilities Total	+ 0.99	Total Assets
Net Receivables	+ 0.99	Property Plant And Equipment Net

Common Stock Total Equity	- 0.99	Common Stock
Common Stock Total Equity	- 0.95	Other Stockholder Equity
Common Stock Total Equity	- 0.91	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.86	Intangible Assets
Non Currrent Assets Other	- 0.81	Retained Earnings
Inventory	- 0.8	Non Currrent Assets Other