Stock Analysis on Net

Comcast Corp. (NASDAQ:CMCSA)

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Comcast Corp., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 6,215 4,749 8,711 11,740 5,500
Receivables, net 13,813 12,672 12,008 11,466 11,292
Programming rights 3,877
Other current assets 3,959 4,405 4,088 3,535 4,723
Current assets 23,987 21,826 24,807 26,741 25,392
Film and television costs 12,920 12,560 12,806 13,340 8,933
Investments 9,385 7,740 8,687 8,267 7,683
Property and equipment, net 59,686 55,485 54,047 51,995 48,322
Goodwill 59,268 58,494 70,189 70,669 68,725
Franchise rights 59,365 59,365 59,365 59,365 59,365
Other intangible assets, net 27,867 29,308 33,580 35,389 36,128
Intangible assets, net 87,232 88,673 92,945 94,754 95,493
Other noncurrent assets, net 12,333 12,497 12,424 8,103 8,866
Noncurrent assets 240,824 235,449 251,098 247,128 238,022
Total assets 264,811 257,275 275,905 273,869 263,414

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Comcast Corp. current assets decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Comcast Corp. property and equipment, net increased from 2021 to 2022 and from 2022 to 2023.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Comcast Corp. noncurrent assets decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Comcast Corp. total assets decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Comcast Corp. cash and cash equivalents decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Receivables, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Comcast Corp. receivables, net increased from 2021 to 2022 and from 2022 to 2023.