Comcast (Comcast) Interest Expense

: $-4,087 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Comcast's interest expense for the three months ended in Dec. 2023 was $ -1,019 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-4,087 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Comcast's Operating Income for the three months ended in Dec. 2023 was $ 4,484 Mil. Comcast's Interest Expense for the three months ended in Dec. 2023 was $ -1,019 Mil. Comcast's Interest Coverage for the quarter that ended in Dec. 2023 was 4.40. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Comcast Interest Expense Historical Data

The historical data trend for Comcast's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Comcast Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-4,567.00

-4,588.00

-4,281.00

-3,896.00

-4,087.00

Comcast Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-974.00	-1,010.00	-998.00	-1,060.00	-1,019.00

Comcast Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4,087 Mil.

Comcast (NAS:CMCSA) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Comcast's Interest Expense for the three months ended in Dec. 2023 was $-1,019 Mil. Its Operating Income for the three months ended in Dec. 2023 was $4,484 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $95,021 Mil.

Comcast's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	4484	/	-1019
	=	4.40

The higher the ratio, the stronger the company's financial strength is.

Comcast (Comcast) Business Description

Industry

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Address

One Comcast Center, Philadelphia, PA, USA, 19103-2838

Website

https://www.comcastcorporation.com

Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 62 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.

Executives

Jason Armstrong	officer: CFO & Treasurer	C/O COMCAST CORP, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Louise F. Brady	director	22 SYLVAN WAY, PARSIPPANY NY 07054
Baltimore Thomas J Jr	director	PARK HOTELS & RESORTS INC., 1775 TYSONS BLVD, 7TH FLOOR, TYSONS VA 22102
Jennifer Khoury	officer: Chief Communications Officer	C/O COMCAST CORP, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Kenneth J Bacon	director	5404 WISCONSIN AVENUE, SUITE 410, CHEVY CHASE MD 20815
Daniel C. Murdock	officer: SVP & Chief Accounting Officer	1500 MARKET STREET, PHILADELPHIA PA 19102
David N Watson	officer: Sr. EVP	1100 CASSATT ROAD, BERWYN PA 19312
Brian L Roberts	director, officer: Chairman of Board, Pres. & CEO	COMCAST CORP, ONE COMCAST CENTER, 1701 JFK BOULEVARD, PHILIDELPHIA PA 19103
Maritza Gomez Montiel	director	C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Adam Louis Miller	officer: Sr. EVP	ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Dana Strong	officer: CEO - Sky	C/O COMCAST CORPORATION, ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Jeff Shell	officer: CEO - NBCUniversal	C/O COMCAST CORPORATION, ONE COMCAST CENTER, PHILADELPHIA PA 19103
Naomi M. Bergman	director	210 E. EARLL DRIVE, PHOENIX AZ 85012
Sheldon M Bonovitz	director
David L Cohen	officer: Executive Vice President