Market Cap : 168.41 B | Enterprise Value : 255.13 B | PE Ratio : 12.47 | PB Ratio : 1.84 |
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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 by its Interest Expense. Comcast's Operating Income for the three months ended in Jun. 2022 was $6,366 Mil. Comcast's Interest Expense for the three months ended in Jun. 2022 was $-968 Mil. Comcast's interest coverage for the quarter that ended in Jun. 2022 was 6.58. The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Comcast's Interest Coverage or its related term are showing as below:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for Comcast's Interest Coverage 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.
For the Telecom Services subindustry, Comcast's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Telecommunication Services industry and Communication Services sector, Comcast's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Comcast's Interest Coverage falls into.
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:
If Interest Expense is negative and Operating Income is positive, then
Interest Coverage | = | -1 | * | Operating Income | / | Interest Expense |
Else if Interest Expense is negative and Operating Income is negative, then
The company did not have earnings to cover the interest expense. |
Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then
The company had no debt. |
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 Coverage for the fiscal year that ended in Dec. 2021 is calculated as
Here, for the fiscal year that ended in Dec. 2021, Comcast's Interest Expense was $-4,281 Mil. Its Operating Income was $20,817 Mil. And its Long-Term Debt & Capital Lease Obligation was $92,718 Mil.
Interest Coverage | = | -1 | * | Operating Income (A: Dec. 2021 ) | / | Interest Expense (A: Dec. 2021 ) |
= | -1 | * | 20817 | / | -4281 | |
= | 4.86 |
Comcast's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as
Here, for the three months ended in Jun. 2022, Comcast's Interest Expense was $-968 Mil. Its Operating Income was $6,366 Mil. And its Long-Term Debt & Capital Lease Obligation was $91,459 Mil.
Interest Coverage | = | -1 | * | Operating Income (Q: Jun. 2022 ) | / | Interest Expense (Q: Jun. 2022 ) |
= | -1 | * | 6366 | / | -968 | |
= | 6.58 |
* 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.
The higher the ratio, the stronger the company's Financial Strength is.
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Thank you for viewing the detailed overview of Comcast's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Strong Dana | officer: CEO - Sky | C/O COMCAST CORPORATION ONE COMCAST CENTER PHILADELPHIA PA 19103-2838 |
Bergman Naomi M. | director | 210 E. EARLL DRIVE PHOENIX AZ 85012 |
Miller Adam Louis | officer: Sr. EVP | ONE COMCAST CENTER PHILADELPHIA PA 19103-2838 |
Shell Jeff | officer: CEO - NBCUniversal | C/O COMCAST CORPORATION ONE COMCAST CENTER PHILADELPHIA PA 19103 |
Bacon Kenneth J | director | 5404 WISCONSIN AVENUE SUITE 410 CHEVY CHASE MD 20815 |
Reid Thomas J. | officer: Senior EVP, GC and Secretary | ONE COMCAST CENTER PHILADELPHIA PA 19103 |
Montiel Maritza Gomez | director | C/O APTARGROUP, INC. 265 EXCHANGE DRIVE, SUITE 100 CRYSTAL LAKE IL 60014 |
Roberts Brian L | director, officer: Chairman of Board, Pres. & CEO | COMCAST CORP 1500 MARKET STREET-35TH FLOOR PHILIDELPHIA PA 19102-2148 |
Watson David N | officer: Sr. EVP | 1100 CASSATT ROAD BERWYN PA 19312 |
Murdock Daniel C. | officer: SVP & Chief Accounting Officer | 1500 MARKET STREET PHILADELPHIA PA 19102 |
Nakahara Asuka | director | 527 GREYSTONE ROAD MERION PA 19066 |
Novak David C | director | 1441 GARDINER LANE LOUISVILLE KY 40213 |
Bell Madeline S. | director | ONE COMCAST CENTER PHILADELPHIA PA 19103-2838 |
Cavanagh Michael J | officer: CFO | 1 BANK ONE PLAZA IL1-0877 CHICAGO IL 60670 |
Burke Stephen B | officer: Executive Vice President | 41 CENTRAL PARK WEST - APT 11A NEW YORK NY 10023 |
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