Stock Analysis on Net

Comcast Corp. (NASDAQ:CMCSA)

Balance Sheet: Liabilities and Stockholders’ Equity 
Quarterly Data

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Comcast Corp., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Accounts payable and accrued expenses related to trade creditors 11,321 11,779 11,736 11,792 12,437 12,214 12,213 12,159 12,544 12,241 12,304 12,707 12,455 12,020 11,672 11,148 11,364 10,979 10,426 9,963
Deferred revenue 3,507 3,778 3,943 3,446 3,242 3,566 3,327 2,663 2,380 2,757 2,787 3,018 3,040 3,091 3,566 3,376 2,963 2,888 2,403 2,634
Accrued expenses and other current liabilities 10,679 10,452 9,475 13,417 13,283 10,536 9,688 11,290 11,220 10,954 10,411 11,815 11,721 10,933 10,669 11,510 11,323 11,215 11,570 12,030
Current portion of debt 4,907 2,610 1,021 2,502 2,069 2,978 2,524 1,130 1,743 2,047 2,083 2,117 2,132 694 3,407 4,777 3,146 4,429 4,046 2,973
Advance on sale of investment 9,167 9,167 9,167 9,167 9,167
Collateralized obligation 5,174 5,173 5,173
Current liabilities 39,581 37,786 35,342 40,324 40,198 34,468 32,925 32,415 27,887 27,999 27,585 29,657 29,348 26,738 29,314 30,811 28,796 29,511 28,445 27,600
Noncurrent portion of debt 94,186 98,754 97,107 94,071 95,021 94,351 94,972 94,403 93,068 90,404 91,459 92,443 92,718 96,522 95,175 98,936 100,614 99,995 100,764 100,604
Collateralized obligation 5,172 5,172 5,171 5,171 5,170 5,169 5,169 5,168 5,168 5,167 5,167 5,166
Deferred income taxes 25,227 26,263 26,252 25,978 26,003 29,092 29,052 28,804 28,714 29,102 29,491 29,857 30,041 30,050 29,525 28,260 28,051 27,905 27,947 27,865
Other noncurrent liabilities 20,942 20,526 19,914 19,935 20,122 19,768 20,280 20,353 20,395 20,289 20,254 20,441 20,619 20,756 20,775 20,690 18,222 17,537 17,608 17,144
Noncurrent liabilities 140,355 145,543 143,273 139,984 141,146 143,211 144,304 143,560 147,349 144,967 146,375 147,912 148,548 152,497 150,644 153,054 152,055 150,604 151,486 150,779
Total liabilities 179,936 183,329 178,615 180,308 181,344 177,679 177,229 175,975 175,236 172,966 173,960 177,569 177,896 179,235 179,958 183,865 180,851 180,115 179,931 178,379
Redeemable noncontrolling interests 237 224 236 243 241 230 239 422 411 409 513 513 519 520 530 546 1,280 1,254 1,256 1,259
Preferred stock; issued, zero
Class A common stock, $0.01 par value 47 47 47 48 48 49 50 50 51 52 53 53 54 54 55 55 54 54 54 54
Class B common stock, $0.01 par value
Additional paid-in capital 38,102 38,147 38,203 38,274 38,533 38,866 39,118 39,262 39,411 39,775 39,852 39,926 40,173 40,134 40,046 39,744 39,464 39,173 38,936 38,597
Retained earnings 56,971 55,105 54,308 53,424 52,892 53,752 53,900 52,524 51,609 52,541 61,208 61,557 61,902 61,783 60,359 58,321 56,438 54,254 53,420 51,516
Treasury stock (7,517) (7,517) (7,517) (7,517) (7,517) (7,517) (7,517) (7,517) (7,517) (7,517) (7,517) (7,517) (7,517) (7,517) (7,517) (7,517) (7,517) (7,517) (7,517) (7,517)
Accumulated other comprehensive income (loss) (2,043) (8) (1,822) (1,680) (1,253) (2,525) (1,432) (1,898) (2,611) (4,555) (2,170) 674 1,480 1,328 1,992 1,972 1,884 212 (1,279) (1,144)
Total Comcast Corporation shareholders’ equity 85,560 85,774 83,219 82,549 82,703 82,625 84,119 82,421 80,943 80,296 91,426 94,693 96,092 95,782 94,935 92,575 90,323 86,176 83,614 81,506
Noncontrolling interests 478 544 485 500 523 538 560 612 684 637 1,132 1,299 1,398 1,524 1,581 1,525 1,415 1,395 1,177 1,277
Total equity 86,038 86,318 83,704 83,049 83,226 83,163 84,679 83,033 81,627 80,933 92,558 95,992 97,490 97,306 96,516 94,100 91,738 87,571 84,791 82,783
Total liabilities and equity 266,211 269,871 262,555 263,600 264,811 261,072 262,147 259,430 257,274 254,308 267,031 274,074 275,905 277,061 277,004 278,511 273,869 268,940 265,978 262,421

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Comcast Corp. current liabilities increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Comcast Corp. noncurrent liabilities increased from Q2 2024 to Q3 2024 but then decreased significantly from Q3 2024 to Q4 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Comcast Corp. total liabilities increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024 not reaching Q2 2024 level.
Total Comcast Corporation shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Comcast Corp. total Comcast Corporation shareholders’ equity increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024.