Comcast Common Stock vs Property Plant Equipment Analysis

CCZ Stock  USD 60.23  1.23  2.08%   
Comcast Holdings financial indicator trend analysis is way more than just evaluating Comcast Holdings Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comcast Holdings Corp is a good investment. Please check the relationship between Comcast Holdings Common Stock and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comcast Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Common Stock vs Property Plant Equipment

Common Stock vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comcast Holdings Corp Common Stock account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Comcast Holdings' Common Stock and Property Plant Equipment is 0.42. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Comcast Holdings Corp, assuming nothing else is changed. The correlation between historical values of Comcast Holdings' Common Stock and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Comcast Holdings Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Common Stock i.e., Comcast Holdings' Common Stock and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

Property Plant Equipment

Most indicators from Comcast Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comcast Holdings Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comcast Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Comcast Holdings' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 12.40 in 2024, whereas Selling General Administrative is likely to drop slightly above 21.4 B in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue116.4B121.4B121.6B127.7B
Depreciation And Amortization13.8B13.8B14.3B15.1B

Comcast Holdings fundamental ratios Correlations

0.960.770.920.980.970.950.930.611.00.20.460.960.480.990.730.640.990.950.260.960.83-0.550.760.26-0.25
0.960.730.90.930.931.00.940.510.960.270.350.960.30.980.810.470.980.920.280.920.76-0.490.620.31-0.07
0.770.730.920.720.840.730.710.350.780.650.150.830.240.740.460.330.780.7-0.060.810.39-0.550.510.5-0.11
0.920.90.920.90.970.90.890.510.920.490.320.970.310.90.630.440.940.890.180.940.6-0.580.630.3-0.13
0.980.930.720.90.960.910.960.630.980.190.480.940.470.960.680.630.970.940.270.960.82-0.60.750.22-0.22
0.970.930.840.970.960.920.940.540.970.360.350.990.380.960.640.540.970.910.180.980.71-0.650.690.31-0.17
0.951.00.730.90.910.920.920.430.950.270.270.950.290.970.820.450.970.880.30.90.74-0.460.610.31-0.07
0.930.940.710.890.960.940.920.590.930.380.40.950.190.920.670.40.930.90.130.950.66-0.690.530.340.07
0.610.510.350.510.630.540.430.590.580.10.920.520.270.560.20.420.560.76-0.010.610.51-0.560.410.12-0.06
1.00.960.780.920.980.970.950.930.580.20.430.960.490.990.730.650.990.940.260.960.83-0.550.770.27-0.25
0.20.270.650.490.190.360.270.380.10.2-0.140.4-0.530.170.01-0.430.240.21-0.540.38-0.34-0.56-0.280.640.57
0.460.350.150.320.480.350.270.40.920.43-0.140.330.360.420.10.510.40.640.040.420.53-0.40.41-0.04-0.16
0.960.960.830.970.940.990.950.950.520.960.40.330.30.950.680.460.970.910.20.970.68-0.620.630.31-0.09
0.480.30.240.310.470.380.290.190.270.49-0.530.360.30.460.320.940.430.410.550.320.770.10.93-0.33-0.94
0.990.980.740.90.960.960.970.920.560.990.170.420.950.460.770.621.00.940.290.940.84-0.510.740.27-0.22
0.730.810.460.630.680.640.820.670.20.730.010.10.680.320.770.40.750.690.50.620.690.040.54-0.02-0.14
0.640.470.330.440.630.540.450.40.420.65-0.430.510.460.940.620.40.590.570.440.510.9-0.130.94-0.18-0.79
0.990.980.780.940.970.970.970.930.560.990.240.40.970.431.00.750.590.940.270.960.8-0.530.730.28-0.2
0.950.920.70.890.940.910.880.90.760.940.210.640.910.410.940.690.570.940.270.920.78-0.530.680.16-0.17
0.260.28-0.060.180.270.180.30.13-0.010.26-0.540.040.20.550.290.50.440.270.270.070.530.460.55-0.68-0.55
0.960.920.810.940.960.980.90.950.610.960.380.420.970.320.940.620.510.960.920.070.69-0.720.630.37-0.09
0.830.760.390.60.820.710.740.660.510.83-0.340.530.680.770.840.690.90.80.780.530.69-0.210.9-0.09-0.55
-0.55-0.49-0.55-0.58-0.6-0.65-0.46-0.69-0.56-0.55-0.56-0.4-0.620.1-0.510.04-0.13-0.53-0.530.46-0.72-0.21-0.15-0.62-0.28
0.760.620.510.630.750.690.610.530.410.77-0.280.410.630.930.740.540.940.730.680.550.630.9-0.15-0.17-0.8
0.260.310.50.30.220.310.310.340.120.270.64-0.040.31-0.330.27-0.02-0.180.280.16-0.680.37-0.09-0.62-0.170.44
-0.25-0.07-0.11-0.13-0.22-0.17-0.070.07-0.06-0.250.57-0.16-0.09-0.94-0.22-0.14-0.79-0.2-0.17-0.55-0.09-0.55-0.28-0.80.44
Click cells to compare fundamentals

Comcast Holdings Account Relationship Matchups

Comcast Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets263.4B273.9B275.9B257.3B264.8B278.1B
Short Long Term Debt Total102.2B103.8B94.9B94.8B97.1B101.9B
Other Current Liab12.2B11.3B11.7B11.2B22.5B23.6B
Total Current Liabilities30.3B28.8B29.3B27.9B40.2B42.2B
Total Stockholder Equity82.7B90.3B96.1B80.9B82.7B86.8B
Property Plant And Equipment Net48.3B52.0B54.0B55.5B59.7B62.7B
Net Debt96.7B92.0B86.1B90.1B90.9B95.4B
Retained Earnings50.7B56.4B61.9B51.6B52.9B55.5B
Cash5.5B11.7B8.7B4.7B6.2B6.5B
Non Current Assets Total238.0B247.1B251.1B235.4B240.8B252.9B
Non Currrent Assets Other(19.3B)(19.9B)(17.6B)(16.2B)17.6B18.4B
Cash And Short Term Investments5.5B11.7B8.7B4.7B6.2B3.3B
Net Receivables11.3B11.5B12.0B12.7B13.8B14.5B
Common Stock Shares Outstanding4.6B4.6B4.7B4.4B4.1B4.2B
Liabilities And Stockholders Equity263.4B273.9B275.9B257.3B264.8B278.1B
Non Current Liabilities Total147.9B152.1B148.5B147.4B141.1B148.2B
Other Current Assets8.6B3.5B4.1B4.4B4.0B4.2B
Other Stockholder Equity29.6B31.9B32.7B31.9B31.0B21.6B
Total Liab178.2B180.9B177.9B175.2B181.3B190.4B
Total Current Assets25.4B26.7B24.8B21.8B24.0B25.2B
Accumulated Other Comprehensive Income1.0B1.9B1.5B(2.6B)(1.3B)(1.2B)
Short Term Debt4.5B3.1B2.1B1.7B2.1B2.0B
Accounts Payable10.8B11.4B12.5B12.5B12.4B13.1B
Intangible Assets104.4B108.1B105.8B101.2B87.2B66.1B
Inventory9M3.7B3.9B(12.0B)(10.8B)(10.3B)
Short Term Investments9M7.9B1.6B7.8B9.0B9.4B
Current Deferred Revenue2.8B3.0B3.0B2.4B3.2B2.3B
Good Will68.7B70.7B70.2B58.5B59.3B37.9B
Property Plant And Equipment Gross38.5B44.4B48.3B52.0B59.8B62.8B
Noncontrolling Interest In Consolidated Entity1.1B1.4B1.4B684M615.6M584.8M
Retained Earnings Total Equity50.7B56.4B61.9B51.6B59.4B42.6B
Deferred Long Term Liab28.2B28.1B30.0B28.7B33.0B29.8B
Property Plant Equipment48.3B52.0B54.0B55.5B63.8B44.5B
Net Tangible Assets(75.0B)(68.7B)(61.4B)(60.6B)(54.6B)(57.3B)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Comcast Stock Analysis

When running Comcast Holdings' price analysis, check to measure Comcast Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comcast Holdings is operating at the current time. Most of Comcast Holdings' value examination focuses on studying past and present price action to predict the probability of Comcast Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comcast Holdings' price. Additionally, you may evaluate how the addition of Comcast Holdings to your portfolios can decrease your overall portfolio volatility.