Comcast (LTS:0QYF) Cash And Cash Equivalents : $6,215 Mil (As of Dec. 2023)

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What is Comcast Cash And Cash Equivalents?

Comcast's quarterly cash and cash equivalents declined from Jun. 2023 ($7,146.00 Mil) to Sep. 2023 ($6,435.00 Mil) but then stayed the same from Sep. 2023 ($6,435.00 Mil) to Dec. 2023 ($6,215.00 Mil).

Comcast's annual cash and cash equivalents declined from Dec. 2021 ($8,711.00 Mil) to Dec. 2022 ($4,749.00 Mil) but then increased from Dec. 2022 ($4,749.00 Mil) to Dec. 2023 ($6,215.00 Mil).

Comcast Cash And Cash Equivalents Historical Data

The historical data trend for Comcast's Cash And Cash Equivalents 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.

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Comcast Cash And Cash Equivalents Chart

Comcast Annual Data

Trend

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Dec23

Cash And Cash Equivalents

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5,500.00

11,740.00

8,711.00

4,749.00

6,215.00

Comcast Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															4,749.00	5,535.00	7,146.00	6,435.00	6,215.00

Comcast Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Comcast (LTS:0QYF) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Comcast Cash And Cash Equivalents Related Terms

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Comcast (LTS:0QYF) 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.

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