Comcast Property Plant Equipment vs Good Will Analysis

CCZ Stock  USD 60.90  0.47  0.78%   
Comcast Holdings financial indicator trend analysis is way more than just evaluating Comcast Holdings Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comcast Holdings Corp is a good investment. Please check the relationship between Comcast Holdings Property Plant Equipment and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comcast Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Property Plant Equipment vs Good Will

Property Plant Equipment vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comcast Holdings Corp Property Plant Equipment account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Comcast Holdings' Property Plant Equipment and Good Will is 0.88. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Good Will in the same time period over historical financial statements of Comcast Holdings Corp, assuming nothing else is changed. The correlation between historical values of Comcast Holdings' Property Plant Equipment and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Comcast Holdings Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Property Plant Equipment i.e., Comcast Holdings' Property Plant Equipment and Good Will go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Comcast Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comcast Holdings 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 Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Comcast Holdings' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 12.03 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.4 B in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue116.4B121.4B121.6B127.7B
Depreciation And Amortization13.8B13.8B14.3B15.1B

Comcast Holdings fundamental ratios Correlations

0.960.770.920.980.970.950.930.611.0-0.090.460.960.480.990.730.630.990.950.260.960.85-0.550.760.26-0.25
0.960.730.90.930.931.00.940.510.960.040.350.960.30.980.810.460.980.920.280.920.78-0.490.620.31-0.07
0.770.730.920.720.840.730.710.350.780.160.150.830.240.740.460.330.780.7-0.060.810.45-0.550.510.5-0.11
0.920.90.920.90.970.90.890.510.920.050.320.970.310.90.630.430.940.890.180.940.65-0.580.630.3-0.13
0.980.930.720.90.960.910.960.630.98-0.070.480.940.470.960.680.620.970.940.270.960.84-0.60.750.22-0.22
0.970.930.840.970.960.920.940.540.970.010.350.990.380.960.640.530.970.910.180.980.75-0.650.690.31-0.17
0.951.00.730.90.910.920.920.430.950.050.270.950.290.970.820.440.970.880.30.90.76-0.460.610.31-0.07
0.930.940.710.890.960.940.920.590.930.20.40.950.190.920.670.380.930.90.130.950.69-0.690.530.340.07
0.610.510.350.510.630.540.430.590.58-0.030.920.520.270.560.20.40.560.76-0.010.610.51-0.560.410.12-0.06
1.00.960.780.920.980.970.950.930.58-0.090.430.960.490.990.730.630.990.940.260.960.85-0.550.770.27-0.25
-0.090.040.160.05-0.070.010.050.2-0.03-0.09-0.20.07-0.85-0.09-0.07-0.7-0.06-0.07-0.680.09-0.47-0.43-0.660.640.89
0.460.350.150.320.480.350.270.40.920.43-0.20.330.360.420.10.480.40.640.040.420.54-0.40.41-0.04-0.16
0.960.960.830.970.940.990.950.950.520.960.070.330.30.950.680.450.970.910.20.970.71-0.620.630.31-0.09
0.480.30.240.310.470.380.290.190.270.49-0.850.360.30.460.320.940.430.410.550.320.750.10.93-0.33-0.94
0.990.980.740.90.960.960.970.920.560.99-0.090.420.950.460.770.61.00.940.290.940.85-0.510.740.27-0.22
0.730.810.460.630.680.640.820.670.20.73-0.070.10.680.320.770.40.750.690.50.620.680.040.54-0.02-0.14
0.630.460.330.430.620.530.440.380.40.63-0.70.480.450.940.60.40.580.550.450.50.89-0.110.94-0.19-0.8
0.990.980.780.940.970.970.970.930.560.99-0.060.40.970.431.00.750.580.940.270.960.83-0.530.730.28-0.2
0.950.920.70.890.940.910.880.90.760.94-0.070.640.910.410.940.690.550.940.270.920.8-0.530.680.16-0.17
0.260.28-0.060.180.270.180.30.13-0.010.26-0.680.040.20.550.290.50.450.270.270.070.50.460.55-0.68-0.55
0.960.920.810.940.960.980.90.950.610.960.090.420.970.320.940.620.50.960.920.070.72-0.720.630.37-0.09
0.850.780.450.650.840.750.760.690.510.85-0.470.540.710.750.850.680.890.830.80.50.72-0.250.9-0.05-0.52
-0.55-0.49-0.55-0.58-0.6-0.65-0.46-0.69-0.56-0.55-0.43-0.4-0.620.1-0.510.04-0.11-0.53-0.530.46-0.72-0.25-0.15-0.62-0.28
0.760.620.510.630.750.690.610.530.410.77-0.660.410.630.930.740.540.940.730.680.550.630.9-0.15-0.17-0.8
0.260.310.50.30.220.310.310.340.120.270.64-0.040.31-0.330.27-0.02-0.190.280.16-0.680.37-0.05-0.62-0.170.44
-0.25-0.07-0.11-0.13-0.22-0.17-0.070.07-0.06-0.250.89-0.16-0.09-0.94-0.22-0.14-0.8-0.2-0.17-0.55-0.09-0.52-0.28-0.80.44
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Comcast Holdings Account Relationship Matchups

Comcast Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets263.4B273.9B275.9B257.3B264.8B278.1B
Short Long Term Debt Total102.2B103.8B94.9B94.8B97.1B101.9B
Other Current Liab12.2B11.3B11.7B11.2B22.5B23.6B
Total Current Liabilities30.3B28.8B29.3B27.9B40.2B42.2B
Total Stockholder Equity82.7B90.3B96.1B80.9B82.7B86.8B
Property Plant And Equipment Net48.3B52.0B54.0B55.5B59.7B62.7B
Net Debt96.7B92.0B86.1B90.1B90.9B95.4B
Retained Earnings50.7B56.4B61.9B51.6B52.9B55.5B
Cash5.5B11.7B8.7B4.7B6.2B6.5B
Non Current Assets Total238.0B247.1B251.1B235.4B240.8B252.8B
Non Currrent Assets Other(19.3B)(19.9B)(17.6B)(16.2B)(13.7B)(13.0B)
Cash And Short Term Investments5.5B11.7B8.7B4.7B6.2B3.3B
Net Receivables11.3B11.5B12.0B12.7B13.8B14.5B
Common Stock Shares Outstanding4.6B4.6B4.7B4.4B4.1B4.2B
Liabilities And Stockholders Equity263.4B273.9B275.9B257.3B264.8B278.1B
Non Current Liabilities Total147.9B152.1B148.5B147.4B141.1B148.2B
Other Current Assets8.6B3.5B4.1B4.4B4.0B4.2B
Other Stockholder Equity29.6B30.7B32.1B31.9B31.0B21.6B
Total Liab178.2B180.9B177.9B175.2B181.3B190.4B
Total Current Assets25.4B26.7B24.8B21.8B24.0B25.2B
Accumulated Other Comprehensive Income1.0B1.9B1.5B(2.6B)(1.3B)(1.2B)
Short Term Debt4.5B3.1B2.1B1.7B2.1B2.0B
Accounts Payable10.8B11.4B12.5B12.5B12.4B13.1B
Intangible Assets104.4B108.1B105.8B101.2B100.1B66.6B
Inventory9M3.7B3.9B(12.0B)(10.8B)(10.3B)
Short Term Investments9M7.9B1.6B7.8B9.0B9.4B
Current Deferred Revenue2.8B3.0B3.0B2.4B3.2B2.3B
Good Will68.7B70.7B70.2B58.5B59.3B37.9B
Property Plant And Equipment Gross38.5B44.4B48.3B52.0B59.8B62.8B
Noncontrolling Interest In Consolidated Entity1.1B1.4B1.4B684M615.6M584.8M
Retained Earnings Total Equity50.7B56.4B61.9B51.6B59.4B42.6B
Deferred Long Term Liab28.2B28.1B30.0B28.7B33.0B29.8B
Property Plant Equipment48.3B52.0B54.0B55.5B63.8B44.5B
Net Tangible Assets(75.0B)(68.7B)(61.4B)(60.6B)(54.6B)(57.3B)

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