Comcast Other Current Assets vs Common Stock Shares Outstanding Analysis

CMCSA Stock  USD 43.47  0.03  0.07%   
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 Current Assets and its Common Stock Shares Outstanding 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 closely tied 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 Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comcast Corp Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak relationship.
The correlation between Comcast Corp's Other Current Assets and Common Stock Shares Outstanding is 0.32. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Current Assets and Common Stock Shares Outstanding 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 Current Assets of Comcast Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Comcast Corp's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 closely tied 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 12.41, whereas Tax Provision is forecasted to decline to about 3.4 B.
 2021 2022 2023 2024 (projected)
Gross Profit77.9B83.2B84.8B89.1B
Total Revenue116.4B121.4B121.6B127.7B

Comcast Corp fundamental ratios Correlations

0.960.770.920.980.970.950.930.611.0-0.220.460.960.420.990.70.621.00.770.950.260.960.830.810.76-0.71
0.960.730.90.930.931.00.940.510.96-0.230.350.960.250.980.780.460.960.720.920.280.920.760.880.62-0.56
0.770.730.920.720.840.730.710.350.780.340.150.830.130.740.420.310.790.820.7-0.060.810.390.740.51-0.49
0.920.90.920.90.970.90.890.510.920.060.320.970.220.90.610.420.930.850.890.180.940.60.840.63-0.59
0.980.930.720.90.960.910.960.630.98-0.280.480.940.410.960.650.610.960.770.940.270.960.820.770.75-0.69
0.970.930.840.970.960.920.940.540.97-0.110.350.990.30.960.620.520.960.870.910.180.980.710.830.69-0.65
0.951.00.730.90.910.920.920.430.95-0.210.270.950.230.970.80.440.950.720.880.30.90.740.880.61-0.54
0.930.940.710.890.960.940.920.590.93-0.320.40.950.130.920.620.370.910.830.90.130.950.660.880.53-0.45
0.610.510.350.510.630.540.430.590.58-0.350.920.520.240.560.160.380.580.410.76-0.010.610.510.480.41-0.37
1.00.960.780.920.980.970.950.930.58-0.210.430.960.420.990.70.631.00.770.940.260.960.830.810.77-0.71
-0.22-0.230.340.06-0.28-0.11-0.21-0.32-0.35-0.21-0.42-0.11-0.08-0.25-0.26-0.15-0.170.01-0.27-0.06-0.22-0.39-0.22-0.04-0.01
0.460.350.150.320.480.350.270.40.920.43-0.420.330.380.420.060.470.440.210.640.040.420.530.260.41-0.38
0.960.960.830.970.940.990.950.950.520.96-0.110.330.220.950.660.440.950.870.910.20.970.680.880.63-0.57
0.420.250.130.220.410.30.230.130.240.42-0.080.380.220.40.320.960.430.00.350.570.250.78-0.140.89-0.91
0.990.980.740.90.960.960.970.920.560.99-0.250.420.950.40.740.60.990.740.940.290.940.840.830.74-0.68
0.70.780.420.610.650.620.80.620.160.7-0.260.060.660.320.740.410.720.320.660.590.590.680.610.54-0.49
0.620.460.310.420.610.520.440.370.380.63-0.150.470.440.960.60.410.620.240.550.50.480.890.10.95-0.95
1.00.960.790.930.960.960.950.910.581.0-0.170.440.950.430.990.720.620.760.940.260.950.830.820.77-0.72
0.770.720.820.850.770.870.720.830.410.770.010.210.870.00.740.320.240.760.71-0.210.890.390.80.4-0.36
0.950.920.70.890.940.910.880.90.760.94-0.270.640.910.350.940.660.550.940.710.270.920.780.80.68-0.63
0.260.28-0.060.180.270.180.30.13-0.010.26-0.060.040.20.570.290.590.50.26-0.210.270.070.53-0.070.55-0.54
0.960.920.810.940.960.980.90.950.610.96-0.220.420.970.250.940.590.480.950.890.920.070.690.870.63-0.58
0.830.760.390.60.820.710.740.660.510.83-0.390.530.680.780.840.680.890.830.390.780.530.690.440.9-0.86
0.810.880.740.840.770.830.880.880.480.81-0.220.260.88-0.140.830.610.10.820.80.8-0.070.870.440.27-0.2
0.760.620.510.630.750.690.610.530.410.77-0.040.410.630.890.740.540.950.770.40.680.550.630.90.27-0.99
-0.71-0.56-0.49-0.59-0.69-0.65-0.54-0.45-0.37-0.71-0.01-0.38-0.57-0.91-0.68-0.49-0.95-0.72-0.36-0.63-0.54-0.58-0.86-0.2-0.99
Click cells to compare fundamentals

Comcast Corp Account Relationship Matchups

Comcast Corp fundamental ratios Accounts

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 Total238.0B247.1B251.1B235.4B240.8B252.9B
Non Currrent Assets Other(19.3B)(19.9B)(17.6B)(16.2B)17.6B18.4B
Cash And Short Term Investments5.5B11.7B8.7B4.7B6.2B3.3B
Net Receivables11.3B11.5B12.0B12.7B13.8B14.5B
Common Stock Shares Outstanding4.6B4.6B4.7B4.4B4.1B3.3B
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 Equity29.6B31.9B32.7B31.9B31.0B21.8B
Total Liab178.2B180.9B177.9B175.2B181.3B190.4B
Property Plant And Equipment Gross48.3B52.0B109.7B112.4B118.4B124.3B
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 Assets104.4B108.1B105.8B101.2B87.2B66.1B
Other Liab41.1B46.3B50.7B43.0B49.5B51.9B
Other Assets14.5B21.9B25.8B8M35M33.3M
Long Term Debt97.8B100.6B92.7B93.1B95.0B53.9B
Property Plant Equipment48.3B52.0B54.0B55.5B63.8B32.6B
Current Deferred Revenue2.8B3.0B3.0B2.4B3.2B2.0B
Good Will68.7B70.7B70.2B58.5B59.3B37.1B
Noncontrolling Interest In Consolidated Entity1.1B1.4B1.4B684M615.6M584.8M
Retained Earnings Total Equity50.7B56.4B61.9B51.6B59.4B34.4B
Deferred Long Term Liab28.2B28.1B30.0B28.7B33.0B21.7B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 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 closely tied 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Cable & Satellite space 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
(0.04)
Dividend Share
1.22
Earnings Share
3.71
Revenue Per Share
31.292
Quarterly Revenue Growth
0.065
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.