Comcast Corp
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Penke I guess you are interested in Comcast Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Comcast Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Comcast Corp (30 sec.)

What can you expect buying and holding a share of Comcast Corp? (30 sec.)

What is your share worth?

Current worth

$0.00

Expected worth in 1 year

$0.00

How sure are you?

+ What do you gain per year?

Total Gains per Share

$0.00

Return On Investment

0.0%

For what price can you sell your share?

Current Price per Share

$57.50

Expected price per share

$56.05 - $

How sure are you?

50%

1. Valuation of Comcast Corp (5 min.)

Live pricePrice per Share (EOD)

$57.50

Book Value per Share

$0.00

2. Growth of Comcast Corp (5 min.)

Is Comcast Corp growing?

	Current year	Previous year	Grow	Grow %
How rich?	$96b	$90.3b	$5.7b	6.0%

How much money is Comcast Corp making?

	Current year	Previous year	Grow	Grow %
Making money	$14.1b	$10.5b	$3.6b	25.6%
Net Profit Margin	12.2%	10.2%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Comcast Corp (5 min.)

What can you expect buying and holding a share of Comcast Corp? (5 min.)

Welcome investor! Comcast Corp's management wants to use your money to grow the business. In return you get a share of Comcast Corp.

What can you expect buying and holding a share of Comcast Corp?

First you should know what it really means to hold a share of Comcast Corp. And how you can make/lose money.

Speculation

The Price per Share of Comcast Corp is $57.50. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Comcast Corp.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Comcast Corp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $0.00.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash.

Based on historical numbers we can estimate the returns while holding a share of Comcast Corp.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	0.00	0.0%	0.00	0.0%	0.00	0.0%	0.00	0.0%	0.00	0.0%
Usd Book Value Change Per Share
Usd Dividend Per Share
Usd Total Gains Per Share
Usd Price Per Share	57.50	-	57.50	-	51.57	-	37.62	-	37.62	-
Price to Earnings Ratio	0.00	-	0.00	-	0.00	-	0.00	-	0.00	-
Price-to-Total Gains Ratio
Price to Book Ratio	0.00	-	0.00	-	0.00	-	0.00	-	0.00	-
Price-to-Total Gains Ratio

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	57.5
Number of shares	17

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	-	-
Usd Book Value Change Per Share	-	-
Usd Total Gains Per Share	-	-
Gains per Quarter (17 shares)	-	-
Gains per Year (17 shares)	-	-

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	-	-	-10	-	-	-10
2	-	-	-10	-	-	-10
3	-	-	-10	-	-	-10
4	-	-	-10	-	-	-10
5	-	-	-10	-	-	-10
6	-	-	-10	-	-	-10
7	-	-	-10	-	-	-10
8	-	-	-10	-	-	-10
9	-	-	-10	-	-	-10
10	-	-	-10	-	-	-10

Fundamentals of Comcast Corp

About Comcast Corp

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is very efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry

1.1. Profitability of Comcast Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Comcast Corp earns for each $1 of revenue.

Above 10% is considered healthy but always compare Comcast Corp to the Telecommunications Services industry mean.
A Net Profit Margin of 12.2% means that $0.12 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Comcast Corp:

The MRQ is 12.2%. The company is making a huge profit. +2
The TTM is 12.2%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	12.2%	TTM	12.2%	0.0%
TTM	12.2%	YOY	10.2%	+2.0%
TTM	12.2%	5Y	14.7%	-2.5%
5Y	14.7%	10Y	14.7%	0.0%

Measures how much net profit Comcast Corp earns for each $1 of revenue.

Revenue is the amount of profit Comcast Corp generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Comcast Corp earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Comcast Corp to the Telecommunications Services industry mean.
Can be used to compare companies within the Telecommunications Services industry.

You typically want a high profit margin. This means that for each $1 in sales, Comcast Corp makes more profit. This shows the investor how efficiently Comcast Corp is operating in general and compared to other companies in the same industry. Comcast Corp operates in the Telecommunications Services industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Comcast Corp. If profit margins remain low (compared to the Telecommunications Services industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Comcast Corp is 0.12. This means that Comcast Corp earned $0.12 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Telecommunications Services industry is .
What is the trend?
The trend is important because it shows you how Comcast Corp is performing over time. The most recent quarter might be important if Comcast Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Comcast Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Comcast Corp with other companies in the same industry (Telecommunications Services).
Net profit margin should rise over the years.
Can be influenced when Comcast Corp sells assets (profit will increase while costs remain the same).
It won’t show what part of Comcast Corp is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Comcast Corp

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Comcast Corp = 3,056,000
Total revenue MRQ Comcast Corp = 30,336,000
$3,056,000 / $30,336,000 = 0.12 or 12.2%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Comcast Corp is using its assets to generate profit.

Above 5% is considered healthy but always compare Comcast Corp to the Telecommunications Services industry mean.
5.1% Return on Assets means that Comcast Corp generated $0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Comcast Corp:

The MRQ is 5.1%. Using its assets, the company is efficient in making profit. +1
The TTM is 5.1%. Using its assets, the company is efficient in making profit. +1

Trends

Current period		Compared to		+/-
MRQ	5.1%	TTM	5.1%	0.0%
TTM	5.1%	YOY	3.8%	+1.3%
TTM	5.1%	5Y	6.1%	-1.0%
5Y	6.1%	10Y	6.1%	0.0%

Shows how efficient Comcast Corp is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Comcast Corp to the Telecommunications Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Comcast Corp is using its resources to generate profit. If the return on assets (5.1%) from Comcast Corp are higher than the Telecommunications Services mean () that means Comcast Corp is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Comcast Corp is 5.1%. This means the company generated $0.05 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Telecommunications Services industry is .
What is the trend?
The trend is important because it shows you how Comcast Corp is performing over time. The most recent quarter might be important if Comcast Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Comcast Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Comcast Corp

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Comcast Corp = 3,056,000
Total assets MRQ (balance sheet) from Comcast Corp = 275,905,000
3,056,000 / 275,905,000 = 0.05 or 5.1%

ROA is an important ratio as it will tell you how effectively Comcast Corp is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Comcast Corp is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Comcast Corp to the Telecommunications Services industry mean.
14.7% Return on Equity means Comcast Corp generated $0.15 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Comcast Corp:

The MRQ is 14.7%. Using its investors money, the company is less efficient in making profit.
The TTM is 14.7%. Using its investors money, the company is less efficient in making profit.

Trends

Current period		Compared to		+/-
MRQ	14.7%	TTM	14.7%	0.0%
TTM	14.7%	YOY	11.7%	+3.1%
TTM	14.7%	5Y	18.3%	-3.6%
5Y	18.3%	10Y	18.3%	0.0%

Shows how efficient Comcast Corp is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Comcast Corp to the Telecommunications Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Telecommunications Services industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Comcast Corp is 14.7%. This means Comcast Corp generated $0.15 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Telecommunications Services industry is .
What is the trend?
The trend is important because it shows you how Comcast Corp is performing over time. The most recent quarter might be important if Comcast Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Comcast Corp up to 10 years back (depending if Comcast Corp existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Comcast Corp

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Comcast Corp = 3,056,000
Shareholders equity (balance sheet) MRQ Comcast Corp = 96,092,000
3,056,000 / 96,092,000 = 0.15 or 14.7%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Comcast Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Comcast Corp is operating .

Measures how much profit Comcast Corp makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Comcast Corp to the Telecommunications Services industry mean.
An Operating Margin of 0.0% means the company generated $0.00 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Comcast Corp:

The MRQ is 0.0%. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	-	0.0%
TTM	-	YOY	-	0.0%
TTM	-	5Y	12.0%	-12.0%
5Y	12.0%	10Y	12.0%	0.0%

Measures how efficient Comcast Corp is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Comcast Corp to the Telecommunications Services industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Comcast Corp is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Comcast Corp is 0.0%. This means that Comcast Corp earned $0.00 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Telecommunications Services industry is .
What is the trend?
The trend is important because it shows you how Comcast Corp is performing over time. The most recent quarter might be important if Comcast Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Comcast Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Comcast Corp

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Comcast Corp = 4,821,000
Total revenue MRQ Comcast Corp = 30,336,000
$4,821,000 / $30,336,000 = 0.00 or 0.0%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Comcast Corp is keeping operating costs low.

Below 1 is considered healthy (always compare to Telecommunications Services industry mean).
An Operation Ratio of 0.33 means that the operating costs are $0.33 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Comcast Corp:

The MRQ is 0.330. The company is very efficient in keeping operating costs low. +2
The TTM is 0.330. The company is very efficient in keeping operating costs low. +2

Trends

Current period		Compared to		+/-
MRQ	0.330	TTM	0.330	0.000
TTM	0.330	YOY	0.320	+0.011
TTM	0.330	5Y	0.316	+0.015
5Y	0.316	10Y	0.316	0.000

Measures how efficient Comcast Corp is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Comcast Corp to the Telecommunications Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Comcast Corp is 33.0%. This means that Comcast Corp earned $0.33 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Telecommunications Services industry is .
What is the trend?
The trend is important because it shows you how Comcast Corp is performing over time. The most recent quarter might be important if Comcast Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Comcast Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Comcast Corp

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(9,880,000 +0) \ 30,336,000 = 0.33

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Comcast Corp.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Comcast Corp is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Telecommunications Services industry mean).
A Current Ratio of 0.85 means the company has $0.85 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Comcast Corp:

The MRQ is 0.845. The company is just not able to pay all its short-term debts. -1
The TTM is 0.845. The company is just not able to pay all its short-term debts. -1

Trends

Current period		Compared to		+/-
MRQ	0.845	TTM	0.845	0.000
TTM	0.845	YOY	0.929	-0.083
TTM	0.845	5Y	0.829	+0.016
5Y	0.829	10Y	0.829	0.000

Measures if Comcast Corp is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Telecommunications Services industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Comcast Corp if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Comcast Corp is 0.85. This means Comcast Corp has $0.85 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Telecommunications Services industry is .
What is the trend?
The trend is important because it shows you how Comcast Corp is performing over time. The most recent quarter might be important if Comcast Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Comcast Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Comcast Corp

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
24,807,000 \ 29,348,000) = 0.85

The current ratio measures if Comcast Corp is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Comcast Corp is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Comcast Corp does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Comcast Corp is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Comcast Corp is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Comcast Corp to the Telecommunications Services industry mean.
A Quick Ratio of 0.71 means the company can pay off $0.71 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Comcast Corp:

The MRQ is 0.706. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 0.706. The company is just not able to pay all its short-term debts with the most liquid assets. -1

Trends

Current period		Compared to		+/-
MRQ	0.706	TTM	0.706	0.000
TTM	0.706	YOY	0.806	-0.100
TTM	0.706	5Y	0.633	+0.073
5Y	0.633	10Y	0.633	0.000

Measures if Comcast Corp is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Comcast Corp to the Telecommunications Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Comcast Corp can pay off its short term debts. This shows if Comcast Corp can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Comcast Corp is 0.71. This means that Comcast Corp can pay off $0.71 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Telecommunications Services industry is .
What is the trend?
The trend is important because it shows you how Comcast Corp is performing over time. The most recent quarter might be important if Comcast Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Comcast Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Comcast Corp

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Comcast Corp: (8,711,000 + 0 +12,008,000) / 29,348,000 = 0.71

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Comcast Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Comcast Corp assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Comcast Corp to Telecommunications Services industry mean.
A Debt to Asset Ratio of 0.65 means that Comcast Corp assets are financed with 65.2% credit (debt) and the remaining percentage (100% - 65.2%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Comcast Corp:

The MRQ is 0.652. The company is able to pay all its debts by selling its assets. +1
The TTM is 0.652. The company is able to pay all its debts by selling its assets. +1

Trends

Current period		Compared to		+/-
MRQ	0.652	TTM	0.652	0.000
TTM	0.652	YOY	0.670	-0.018
TTM	0.652	5Y	0.671	-0.020
5Y	0.671	10Y	0.671	0.000

Measures how much % of Comcast Corp assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Comcast Corp than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Comcast Corp to Telecommunications Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Comcast Corp is 0.65. This means means that Comcast Corp is financed with 65.2% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Telecommunications Services industry is .
What is the trend?
The trend is important because it shows you how Comcast Corp is performing over time. The most recent quarter might be important if Comcast Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Comcast Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Comcast Corp has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Comcast Corp

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
179,813,000 \ 275,905,000 = 65.2% or 0.65.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Comcast Corp is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Comcast Corp to the Telecommunications Services industry mean.
A Debt to Equity ratio of 187.1% means that company has $1.87 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Comcast Corp:

The MRQ is 1.871. The company is just able to pay all its debts with equity.
The TTM is 1.871. The company is just able to pay all its debts with equity.

Trends

Current period		Compared to		+/-
MRQ	1.871	TTM	1.871	0.000
TTM	1.871	YOY	2.032	-0.161
TTM	1.871	5Y	2.067	-0.196
5Y	2.067	10Y	2.067	0.000

Measures if Comcast Corp is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Comcast Corp is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Comcast Corp is 1.87. This means that Comcast Corp can pay off $1.87 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Telecommunications Services industry is .
What is the trend?
The trend is important because it shows you how Comcast Corp is performing over time. The most recent quarter might be important if Comcast Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Comcast Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Comcast Corp

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
179,813,000 \ 96,092,000 = 1.87 or 187.1%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Comcast Corp

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Comcast Corp generates.

Above 15 is considered overpriced but always compare Comcast Corp to the Telecommunications Services industry mean.
A PE ratio of 0.00 means the investor is paying $0.00 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Comcast Corp:

The MRQ is 0.000. The data is not here.

Trends

Current period		Compared to
MRQ	-	TTM	-
TTM	-	YOY	-
TTM	-	5Y	-
5Y	-	10Y	-

Measures how much money you pay for each share for every $1 in earnings Comcast Corp generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Comcast Corp to the Telecommunications Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Comcast Corp is 0.00. This means the investor is paying $0.00 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Telecommunications Services industry is .
What is the trend?
The trend is important because it shows you how Comcast Corp is performing over time. The most recent quarter might be important if Comcast Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Comcast Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Comcast Corp

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
3,057,000 \ 3,968,831 = EPS
PE ratio MRQ = 0.00

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Comcast Corp:

The MRQ is 0.000. The data is not here.

Trends

Current period		Compared to
MRQ	-	TTM	-
TTM	-	YOY	-
TTM	-	5Y	-
5Y	-	10Y	-

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Comcast Corp is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Telecommunications Services industry mean).
A PB ratio of 0.00 means the investor is paying $0.00 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Comcast Corp:

The MRQ is 0.000. The data is not here.

Trends

Current period		Compared to
MRQ	-	TTM	-
TTM	-	YOY	-
TTM	-	5Y	-
5Y	-	10Y	-

2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Comcast Corp compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Current Ratio	-	-	0.845	0.845	0%	0.929	-9%	0.829	+2%	0.829	+2%
Debt To Asset Ratio	-	-	0.652	0.652	0%	0.670	-3%	0.671	-3%	0.671	-3%
Debt To Equity Ratio	-	-	1.871	1.871	0%	2.032	-8%	2.067	-9%	2.067	-9%
Eps	-	-	-	-	0%	-	0%	-	0%	-	0%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Market Cap	-	-	-	-	0%	-	0%	-	0%	-	0%
Net Profit Margin	-	-	0.122	0.122	0%	0.102	+20%	0.147	-17%	0.147	-17%
Operating Margin	-	-	-	-	0%	-	0%	0.120	-100%	0.120	-100%
Operating Ratio	-	-	0.330	0.330	0%	0.320	+3%	0.316	+5%	0.316	+5%
Pb Ratio	-	-	-	-	0%	-	0%	-	0%	-	0%
Pe Ratio	-	-	-	-	0%	-	0%	-	0%	-	0%
Price Per Share	57.500	0%	57.500	57.500	0%	51.565	+12%	37.623	+53%	37.623	+53%
Price To Free Cash Flow Ratio	-	-	-	-	0%	-	0%	-	0%	-	0%
Quick Ratio	-	-	0.706	0.706	0%	0.806	-12%	0.633	+12%	0.633	+12%
Return On Assets	-	-	0.051	0.051	0%	0.038	+33%	0.061	-16%	0.061	-16%
Return On Equity	-	-	0.147	0.147	0%	0.117	+26%	0.183	-20%	0.183	-20%
Usd Book Value	-	-	96092000000.000	96092000000.000	0%	90323000000.000	+6%	81874000000.000	+17%	81874000000.000	+17%
Usd Book Value Per Share	-	-	-	-	0%	-	0%	-	0%	-	0%
Usd Eps	-	-	-	-	0%	-	0%	-	0%	-	0%
Usd Free Cash Flow	-	-	17089000000.000	17089000000.000	0%	13103000000.000	+30%	14104600000.000	+21%	14104600000.000	+21%
Usd Market Cap	-	-	-	-	0%	-	0%	-	0%	-	0%
Usd Price Per Share	57.500	0%	57.500	57.500	0%	51.565	+12%	37.623	+53%	37.623	+53%
Usd Profit	-	-	14159000000.000	14159000000.000	0%	10534000000.000	+34%	14443200000.000	-2%	14443200000.000	-2%
Usd Revenue	-	-	116385000000.000	116385000000.000	0%	103564000000.000	+12%	101685400000.000	+14%	101685400000.000	+14%
	EOD	+0 -0	MRQ	TTM	+0 -0	YOY	+10 -4	5Y	+8 -7	10Y	+8 -7

3.2. Fundamental Score

Let's check the fundamental score of Comcast Corp based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Net Profit Margin (MRQ)	Greater than	0	0.122
Operating Margin (MRQ)	Greater than	0	0.000
Quick Ratio (MRQ)	Greater than	1	0.706
Current Ratio (MRQ)	Greater than	1	0.845
Debt to Asset Ratio (MRQ)	Less than	1	0.652
Debt to Equity Ratio (MRQ)	Less than	1	1.871
Return on Equity (MRQ)	Greater than	0.15	0.147
Return on Assets (MRQ)	Greater than	0.05	0.051
Total			3/8 (37.5%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

3.3. Technical Score

Let's check the technical score of Comcast Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	42.250
Total			0/1 (0.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
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Latest Balance Sheet

Balance Sheet of 2021-12-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	275,905,000
Total Liabilities	179,813,000
Total Stockholder Equity	96,092,000

	As reported
Total Liabilities	179,813,000
Total Stockholder Equity	+ 96,092,000
Total Assets	= 275,905,000

Assets

Total Assets	275,905,000
Total Current Assets	24,807,000
Long-term Assets	0

Total Current Assets

Total Current Assets (as reported)	24,807,000
Cash And Cash Equivalents	8,711,000
Net Receivables	12,008,000
Other Current Assets	4,088,000
Total Current Assets (calculated)	24,807,000
+/-	0

Long-term Assets

Long-term Assets (as reported)	0
Property Plant Equipment	60,514,000
Goodwill	70,189,000
Intangible Assets	105,751,000
Long-term Assets (calculated)	236,454,000
+/-	236,454,000

Liabilities & Shareholders' Equity

Total Current Liabilities	29,348,000
Long-term Liabilities	0
Total Stockholder Equity	96,092,000

Total Current Liabilities

Total Current Liabilities (as reported)	29,348,000
Total Current Liabilities (calculated)	0
+/-	29,348,000

Long-term Liabilities

Long-term Liabilities (as reported)	0
Long-term Liabilities (calculated)	0
+/-	0

Total Stockholder Equity

Total Stockholder Equity (as reported)	96,092,000
Common Stock	54,900
Retained Earnings	61,902,000
Capital Surplus	40,173,000
Treasury Stock	-7,517,000
Other Stockholders Equity	1,479,100
Total Stockholder Equity (calculated)	96,092,000
+/-	0

Other

Cash and Short Term Investments	8,711,000
Net Working Capital	-4,541,000
Short Long Term Debt Total	97,888,000

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2021-12-31

2020-12-31

2019-12-31

2018-12-31

2017-12-31

2016-12-31

> Total Assets

0
187,462,000
251,684,000
263,414,000
273,869,000
275,905,000

275,905,000

273,869,000

263,414,000

251,684,000

187,462,000

> Total Current Assets

16,361,000
16,343,000
21,848,000
25,392,000
26,741,000
24,807,000

24,807,000

26,741,000

25,392,000

21,848,000

16,343,000

16,361,000

Cash And Cash Equivalents

0
3,428,000
3,814,000
5,500,000
11,740,000
8,711,000

8,711,000

11,740,000

5,500,000

3,814,000

3,428,000

Net Receivables

7,955,000
8,834,000
11,104,000
11,292,000
11,466,000
12,008,000

12,008,000

11,466,000

11,292,000

11,104,000

8,834,000

7,955,000

Other Current Assets

3,333,000
4,081,000
6,930,000
8,600,000
3,535,000
4,088,000

4,088,000

3,535,000

8,600,000

6,930,000

4,081,000

3,333,000

> Long-term Assets

Property Plant Equipment

36,253,000
38,470,000
44,437,000
52,360,000
55,779,000
60,514,000

60,514,000

55,779,000

52,360,000

44,437,000

38,470,000

36,253,000

Goodwill

0
36,780,000
66,154,000
68,725,000
70,669,000
70,189,000

70,189,000

70,669,000

68,725,000

66,154,000

36,780,000

Intangible Assets

0
84,584,000
105,560,000
104,426,000
108,094,000
105,751,000

105,751,000

108,094,000

104,426,000

105,560,000

84,584,000

> Total Liabilities

0
118,846,000
180,071,000
180,688,000
183,546,000
179,813,000

179,813,000

183,546,000

180,688,000

180,071,000

118,846,000

> Total Current Liabilities

21,535,000
21,993,000
27,603,000
30,292,000
28,796,000
29,348,000

29,348,000

28,796,000

30,292,000

27,603,000

21,993,000

21,535,000

Accounts payable

6,915,000
6,908,000
8,494,000
10,826,000
0
0

10,826,000

8,494,000

6,908,000

6,915,000

Other Current Liabilities

2,858,000
3,331,000
3,990,000
6,198,000
0
0

6,198,000

3,990,000

3,331,000

2,858,000

> Long-term Liabilities

Deferred Long Term Liability

0
922,000
991,000
1,083,000
0
0

1,083,000

991,000

922,000

> Total Stockholder Equity

0
68,616,000
71,613,000
82,726,000
90,323,000
96,092,000

96,092,000

90,323,000

82,726,000

71,613,000

68,616,000

Common Stock

56,000
55,000
54,000
54,000
54,000
54,900

54,900

54,000

55,000

56,000

Retained Earnings Total Equity

Accumulated Other Comprehensive Income

Capital Surplus

0
37,497,000
37,461,000
38,447,000
39,464,000
40,173,000

40,173,000

39,464,000

38,447,000

37,461,000

37,497,000

Treasury Stock

-7,517,000

Other Stockholders Equity

98,000
379,000
-368,000
1,047,000
1,884,000
1,479,100

1,479,100

1,884,000

1,047,000

-368,000

379,000

98,000

Balance Sheet

Currency in USD. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31
Accounts Payable	0	0	10,826,000	8,494,000	6,908,000	6,915,000
Accumulated Amortization	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0
Accumulated Other Comprehensive Income	0	0	0	0	0	0
Additional Paid In Capital	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0
Capital Stock	0	0	0	0	0	0
Capital Surpluse	40,173,000	39,464,000	38,447,000	37,461,000	37,497,000	0
Cash	8,711,000	11,740,000	5,500,000	3,814,000	3,428,000	0
Cash And Equivalents	0	0	0	0	0	0
Cash And Short Term Investments	8,711,000	11,740,000	5,500,000	3,814,000	3,428,000	0
Common Stock	54,900	54,000	54,000	54,000	55,000	56,000
Common Stock Shares Outstanding	0	0	0	0	0	0
Common Stock Total Equity	0	0	0	0	0	0
Current Deferred Revenue	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0
Deferred Long Term Liab	0	0	1,083,000	991,000	922,000	0
Earning Assets	0	0	0	0	0	0
Good Will	70,189,000	70,669,000	68,725,000	66,154,000	36,780,000	0
Intangible Assets	105,751,000	108,094,000	104,426,000	105,560,000	84,584,000	0
Inventory	0	0	0	0	0	0
Liabilities And Stockholders Equity	0	0	0	0	0	0
Long Term Debt	97,888,000	105,782,000	102,931,000	107,345,000	59,422,000	0
Long Term Debt Total	0	0	0	0	0	0
Long Term Investments	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0
Net Debt	0	0	0	0	0	0
Net Invested Capital	0	0	0	0	0	0
Net Receivables	12,008,000	11,466,000	11,292,000	11,104,000	8,834,000	7,955,000
Net Tangible Assets	0	0	-81,492,000	-92,264,000	-45,661,000	-58,675,000
Net Working Capital	-4,541,000	-2,055,000	-4,900,000	-5,755,000	-5,650,000	-5,174,000
Non Current Assets Total	0	0	0	0	0	0
Non Current Liabilities Other	0	0	0	0	0	0
Non Current Liabilities Total	0	0	0	0	0	0
Non Currrent Assets Other	0	0	0	0	0	0
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0
Other Assets	4,325,000	3,228,000	14,455,000	13,639,000	11,441,000	10,021,000
Other Current Assets	4,088,000	3,535,000	8,600,000	6,930,000	4,081,000	3,333,000
Other Current Liab	0	0	6,198,000	3,990,000	3,331,000	2,858,000
Other Liab	0	0	41,054,000	42,918,000	35,231,000	45,779,000
Other Stockholder Equity	1,479,100	1,884,000	1,047,000	-368,000	379,000	98,000
Preferred Stock Redeemable	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0
Property Plant And Equipment Gross	0	0	0	0	0	0
Property Plant And Equipment Net	0	0	0	0	0	0
Property Plant Equipment	60,514,000	55,779,000	52,360,000	44,437,000	38,470,000	36,253,000
Retained Earnings	61,902,000	56,438,000	50,695,000	41,983,000	38,202,000	23,076,000
Retained Earnings Total Equity	0	0	0	0	0	0
Short Long Term Debt	0	0	0	0	0	0
Short Long Term Debt Total	97,888,000	105,782,000	102,931,000	107,345,000	59,422,000	0
Short Term Debt	0	0	0	0	0	0
Short Term Investments	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0
Total Assets	275,905,000	273,869,000	263,414,000	251,684,000	187,462,000	0
Total Current Assets	24,807,000	26,741,000	25,392,000	21,848,000	16,343,000	16,361,000
Total Current Liabilities	29,348,000	28,796,000	30,292,000	27,603,000	21,993,000	21,535,000
Total Liab	179,813,000	183,546,000	180,688,000	180,071,000	118,846,000	0
Total Permanent Equity	0	0	0	0	0	0
Total Stockholder Equity	96,092,000	90,323,000	82,726,000	71,613,000	68,616,000	0
Treasury Stock	-7,517,000	-7,517,000	-7,517,000	-7,517,000	-7,517,000	0
Warrants	0	0	0	0	0	0

	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-06-30	2020-03-31	2019-12-31	2019-09-30
Accounts Payable	0	0	0	0	0	10,426,000	9,963,000	10,826,000	10,198,000
Accumulated Amortization	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	0	0	0	0	0	0	0	0	0
Additional Paid In Capital	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0
Capital Stock	0	0	0	0	0	0	0	0	0
Capital Surpluse	40,173,000	40,134,000	40,046,000	39,744,000	39,464,000	0	0	0	0
Cash	8,711,000	11,806,000	12,378,000	14,950,000	11,740,000	0	0	0	0
Cash And Equivalents	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	8,711,000	11,806,000	12,378,000	14,950,000	11,740,000	0	0	0	0
Common Stock	54,900	54,000	55,000	55,000	54,000	54,000	54,000	54,000	54,000
Common Stock Shares Outstanding	3,968,831	4,637,931	4,450,000	4,380,263	6,035,714	0	0	0	0
Common Stock Total Equity	0	0	0	0	0	0	0	0	0
Current Deferred Revenue	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	1,040,000	1,078,000	1,083,000	1,055,000
Earning Assets	0	0	0	0	0	0	0	0	0
Good Will	70,189,000	69,626,000	70,429,000	70,106,000	70,669,000	0	0	0	0
Intangible Assets	105,751,000	105,403,000	106,058,000	107,209,000	108,094,000	0	0	0	0
Inventory	0	0	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	0	0	0	0	0	0	0	0	0
Long Term Debt	97,888,000	101,691,000	100,344,000	104,104,000	105,782,000	0	0	0	0
Long Term Debt Total	0	0	0	0	0	0	0	0	0
Long Term Investments	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0
Net Debt	0	0	0	0	0	0	0	0	0
Net Invested Capital	0	0	0	0	0	0	0	0	0
Net Receivables	12,008,000	11,974,000	11,110,000	10,986,000	11,466,000	10,227,000	10,800,000	11,292,000	10,684,000
Net Tangible Assets	0	0	0	0	0	-77,291,000	-79,749,000	-81,492,000	-83,298,000
Net Working Capital	-4,541,000	689,000	-2,268,000	-1,373,000	-2,055,000	-960,000	-3,516,000	-4,900,000	-3,666,000
Non Current Assets Total	0	0	0	0	0	0	0	0	0
Non Current Liabilities Other	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	0	0	0	0	0	0	0	0	0
Non Currrent Assets Other	0	0	0	0	0	0	0	0	0
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0
Other Assets	10,792,000	11,046,000	10,144,000	10,004,000	7,012,000	21,758,000	22,172,000	14,455,000	14,335,000
Other Current Assets	4,088,000	3,647,000	3,558,000	3,502,000	3,535,000	3,323,000	4,768,000	8,600,000	8,132,000
Other Current Liab	0	0	0	0	0	4,203,000	4,528,000	6,198,000	4,559,000
Other Liab	0	0	0	0	0	45,555,000	45,009,000	41,054,000	46,147,000
Other Stockholder Equity	1,479,100	1,328,000	1,992,000	1,972,000	1,884,000	-1,279,000	-1,144,000	1,047,000	-1,159,000
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Net	0	0	0	0	0	0	0	0	0
Property Plant Equipment	54,047,000	52,809,000	52,769,000	52,317,000	51,995,000	48,985,000	48,442,000	52,360,000	50,801,000
Retained Earnings	61,902,000	61,783,000	60,359,000	58,321,000	56,438,000	53,420,000	51,516,000	50,695,000	48,570,000
Retained Earnings Total Equity	0	0	0	0	0	0	0	0	0
Short Long Term Debt	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	97,888,000	101,691,000	100,344,000	104,104,000	105,782,000	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0
Short Term Investments	0	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0
Total Assets	275,905,000	277,061,000	277,004,000	278,511,000	273,869,000	0	0	0	0
Total Current Assets	24,807,000	27,427,000	27,046,000	29,438,000	26,741,000	27,485,000	24,084,000	25,392,000	22,323,000
Total Current Liabilities	29,348,000	26,738,000	29,314,000	30,811,000	28,796,000	28,445,000	27,600,000	30,292,000	25,989,000
Total Liab	179,813,000	181,279,000	182,069,000	185,936,000	183,546,000	0	0	0	0
Total Permanent Equity	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	96,092,000	95,782,000	94,935,000	92,575,000	90,323,000	0	0	0	0
Treasury Stock	-7,517,000	-7,517,000	-7,517,000	-7,517,000	-7,517,000	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0

Cash Flow

Currency in USD. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31
Begin Period Cash Flow	0	0	0	0	0	0
Capital Expenditures	12,057,000	11,634,000	11,069,000	10,234,000	9,621,000	9,157,000
Cash And Cash Equivalents Changes	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	0	0	0
Change In Cash	-2,989,000	6,179,000	1,680,000	338,000	156,000	992,000
Change In Working Capital	-869,000	566,000	-2,560,000	-297,000	-1,532,000	0
Change Receivables	0	0	0	0	0	0
Change To Account Receivables	0	0	-57,000	-802,000	-869,000	-649,000
Change To Inventory	0	0	0	0	0	0
Change To Liabilities	0	0	-347,000	-394,000	173,000	378,000
Change To Netincome	0	0	2,247,000	1,846,000	-10,072,000	2,673,000
Change To Operating Activities	0	0	-2,156,000	899,000	-836,000	-815,000
Depreciation	13,804,000	13,100,000	12,953,000	11,017,000	10,130,000	9,426,000
Dividends Paid	4,532,000	4,140,000	3,735,000	3,352,000	2,883,000	2,601,000
End Period Cash Flow	0	0	0	0	0	0
Exchange Rate Changes	0	0	0	0	0	0
Free Cash Flow	17,089,000	13,103,000	14,628,000	14,063,000	11,640,000	10,534,000
Investments	0	0	-1,899,000	-1,257,000	-2,292,000	-1,697,000
Issuance Of Capital Stock	0	0	0	0	0	0
Net Borrowings	0	0	-10,163,000	36,362,000	3,197,000	7,969,000
Net Income	13,833,000	10,701,000	13,057,000	11,731,000	22,735,000	8,678,000
Other Cashflows From Financing Activities	-544,000	-1,706,000	5,221,000	-550,000	-2,451,000	-473,000
Other Cashflows From Investing Activities	-1,389,000	-413,000	140,000	793,000	785,000	-1,720,000
Other Non Cash Items	0	0	0	0	0	0
Sale Purchase Of Stock	-4,672,000	-534,000	-504,000	-5,320,000	-5,435,000	0
Stock Based Compensation	0	0	0	0	0	0
Total Cash From Financing Activities	-18,618,000	-6,513,000	-9,181,000	27,140,000	-7,572,000	-434,000
Total Cash From Operating Activities	29,146,000	24,737,000	25,697,000	24,297,000	21,261,000	19,691,000
Total Cashflows From Investing Activities	-13,446,000	-12,047,000	-14,841,000	-50,854,000	-13,533,000	-18,265,000

	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-06-30	2020-03-31	2019-12-31	2019-09-30
Begin Period Cash Flow	0	0	0	0	0	0	0	0	0
Capital Expenditures	12,057,000	8,152,000	5,286,000	2,471,000	11,634,000	2,413,000	2,252,000	3,467,000	2,797,000
Cash And Cash Equivalents Changes	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	0	0	0	0	0	0
Change In Cash	-2,989,000	90,000	650,000	3,208,000	6,179,000	5,367,000	3,020,000	1,987,000	-417,000
Change In Working Capital	-869,000	-1,059,000	875,000	873,000	566,000	2,556,000	1,384,000	-1,234,000	0
Change Receivables	0	0	0	0	0	0	0	0	0
Change To Account Receivables	0	0	0	0	0	702,000	198,000	-417,000	65,000
Change To Inventory	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	0	0	0	0	-152,000	-727,000	802,000	-334,000
Change To Netincome	0	0	0	0	0	113,000	1,273,000	617,000	673,000
Change To Operating Activities	0	0	0	0	0	1,728,000	-331,000	-1,106,000	-1,610,000
Depreciation	13,804,000	10,222,000	6,745,000	3,362,000	13,100,000	3,264,000	3,264,000	3,177,000	3,180,000
Dividends Paid	4,532,000	3,387,000	2,230,000	1,080,000	4,140,000	1,051,000	977,000	957,000	955,000
End Period Cash Flow	0	0	0	0	0	0	0	0	0
Exchange Rate Changes	0	0	0	0	0	0	0	0	0
Free Cash Flow	17,089,000	13,305,000	10,071,000	5,280,000	13,103,000	6,230,000	3,572,000	2,768,000	2,394,000
Investments	0	0	0	0	0	-402,000	-69,000	-202,000	-92,000
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	0	0	0	1,058,000	1,842,000	-4,591,000	-978,000
Net Income	13,833,000	10,854,000	6,922,000	3,292,000	10,701,000	2,988,000	2,147,000	3,162,000	3,217,000
Other Cashflows From Financing Activities	-544,000	-416,000	-475,000	-577,000	-1,706,000	-1,870,000	-258,000	5,265,000	-79,000
Other Cashflows From Investing Activities	-1,389,000	-254,000	-345,000	-141,000	-413,000	18,000	15,000	54,000	12,000
Other Non Cash Items	0	0	0	0	0	0	0	0	0
Sale Purchase Of Stock	-4,672,000	-2,617,000	-957,000	-309,000	-534,000	0	0	0	0
Stock Based Compensation	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-18,618,000	-12,946,000	-9,064,000	-1,898,000	-6,513,000	-1,899,000	374,000	-355,000	-2,094,000
Total Cash From Operating Activities	29,146,000	21,457,000	15,357,000	7,751,000	24,737,000	8,643,000	5,824,000	6,235,000	5,191,000
Total Cashflows From Investing Activities	-13,446,000	-8,406,000	-5,631,000	-2,612,000	-12,047,000	-1,377,000	-3,101,000	-3,929,000	-3,498,000

Income Statement

Currency in USD. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31
Cost Of Revenue	38,450,000	33,121,000	34,440,000	29,692,000	25,355,000	0
Depreciation And Amortization	0	0	0	0	0	0
Discontinued Operations	0	0	0	0	0	0
Ebit	0	0	21,125,000	19,007,000	17,576,000	16,892,000
Ebitda	0	0	0	0	0	0
Effect Of Accounting Charges	0	0	0	0	0	0
Extraordinary Items	0	0	0	-20,000	12,682,000	0
Gross Profit	77,935,000	70,443,000	74,502,000	64,815,000	59,674,000	0
Income Before Tax	19,093,000	14,065,000	16,996,000	15,242,000	15,353,000	0
Income Tax Expense	0	0	3,673,000	3,380,000	-7,569,000	5,298,000
Interest Expense	0	0	0	0	0	0
Interest Income	1,935,000	3,687,000	4,416,000	4,093,000	2,996,000	0
Minority Interest	0	0	0	0	0	0
Net Income	14,159,000	10,534,000	13,057,000	11,731,000	22,735,000	0
Net Income Applicable To Common Shares	14,159,000	10,534,000	13,057,000	11,731,000	22,735,000	8,678,000
Net Income From Continuing Ops	0	0	0	0	0	0
Net Interest Income	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0
Operating Income	20,817,000	17,493,000	21,125,000	19,009,000	18,018,000	0
Other Items	0	0	0	0	0	0
Other Operating Expenses	0	0	0	0	0	0
Preferred Stock And Other Adjustments	0	0	0	0	0	0
Reconciled Depreciation	0	0	0	0	0	0
Research Development	0	0	0	0	0	0
Selling And Marketing Expenses	0	0	0	0	0	0
Selling General Administrative	43,227,000	39,794,000	40,244,000	35,005,000	31,718,000	0
Tax Provision	5,259,000	3,364,000	3,673,000	3,360,000	5,113,000	0
Total Operating Expenses	0	0	0	0	0	0
Total Other Income Expense Net	0	0	0	0	0	0
Total Revenue	116,385,000	103,564,000	108,942,000	94,507,000	85,029,000	0

	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-06-30	2020-03-31	2019-12-31	2019-09-30
Cost Of Revenue	9,880,000	10,395,000	9,256,000	8,919,000	9,438,000	0	0	0	0
Depreciation And Amortization	0	0	0	0	0	0	0	0	0
Discontinued Operations	0	0	0	0	0	0	0	0	0
Ebit	0	0	0	0	0	4,647,000	4,852,000	5,247,000	5,340,000
Ebitda	0	0	0	0	0	0	0	0	0
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0
Gross Profit	20,456,000	19,903,000	19,290,000	18,286,000	18,270,000	0	0	0	0
Income Before Tax	3,885,000	5,166,000	5,630,000	4,411,000	4,416,000	0	0	0	0
Income Tax Expense	0	0	0	0	0	946,000	700,000	861,000	775,000
Interest Expense	0	0	0	0	0	0	0	0	0
Interest Income	1,002,000	343,000	54,000	645,000	426,000	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0
Net Income	3,056,000	4,035,000	3,738,000	3,329,000	3,380,000	0	0	0	0
Net Income Applicable To Common Shares	3,057,000	4,035,000	3,738,000	3,329,000	3,380,000	2,988,000	2,147,000	3,162,000	3,217,000
Net Income From Continuing Ops	0	0	0	0	0	0	0	0	0
Net Interest Income	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0
Operating Income	4,821,000	5,450,000	5,507,000	5,039,000	3,918,000	0	0	0	0
Other Items	0	0	0	0	0	0	0	0	0
Other Operating Expenses	0	0	0	0	0	0	0	0	0
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	0	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0
Selling General Administrative	12,045,000	10,946,000	10,364,000	9,873,000	11,084,000	0	0	0	0
Tax Provision	905,000	1,235,000	2,000,000	1,119,000	979,000	0	0	0	0
Total Operating Expenses	0	0	0	0	0	0	0	0	0
Total Other Income Expense Net	0	0	0	0	0	0	0	0	0
Total Revenue	30,336,000	30,298,000	28,546,000	27,205,000	27,708,000	0	0	0	0

Latest Income Statement (annual, 2021-12-31)

Gross Profit (+$)
totalRevenue	116,385,000
Cost of Revenue	-38,450,000
Gross Profit	77,935,000	77,935,000

Operating Income (+$)
Gross Profit	77,935,000
Operating Expense	-0
Operating Income	20,817,000	77,935,000

Operating Expense (+$)
Research Development	0
Selling General Administrative	43,227,000
Selling And Marketing Expenses	0
Operating Expense	0	43,227,000

Net Interest Income (+$)
Interest Income	1,935,000
Interest Expense	-0
Other Finance Cost	-1,935,000
Net Interest Income	0

Pretax Income (+$)
Operating Income	20,817,000
Net Interest Income	0
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	19,093,000	20,817,000 EBIT - interestExpense = 0 14,159,000 14,159,000
Interest Expense	0
Earnings Before Interest and Taxes (EBIT)	0	19,093,000
Earnings Before Interest and Taxes (EBITDA)	0

After tax Income (+$)
Income Before Tax	19,093,000
Tax Provision	-5,259,000
Net Income From Continuing Ops	0	13,834,000
Net Income	14,159,000
Net Income Applicable To Common Shares	14,159,000

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	0
Total Other Income/Expenses Net	0	0

Technical Analysis of Comcast Corp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Comcast Corp. The general trend of Comcast Corp is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Comcast Corp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator State	Bullish trend		Bearish trend
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Comcast Corp.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: < < .

The bearish price targets are: 56.90 > 56.33 > 56.05.

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Comcast Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Comcast Corp. The current mas is .

Directionalities and relatives.

Moving Average	Amount of candles	Trend	Price +/-	vs. MA 50	vs. MA 100	vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Comcast Corp Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Comcast Corp.

Comcast Corp Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Comcast Corp. The current adx is .

Comcast Corp Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Comcast Corp.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Comcast Corp.

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Comcast Corp Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Comcast Corp.

Comcast Corp Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Comcast Corp.

Comcast Corp Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Comcast Corp.

Comcast Corp Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Comcast Corp.

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Comcast Corp.

Comcast Corp Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Comcast Corp.

Comcast Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Comcast Corp.

Comcast Corp Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Comcast Corp.

Comcast Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Comcast Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-11-29	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-12-06	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2023-12-07	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-01-08	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-01-15	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-02-08	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-02-12	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-02-13	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-02-16	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-02-19	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-02-27	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-03-18	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-28	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-04-02	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-04-15	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside

6.3. Candlestick Patterns

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Comcast Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	42.250
Total			0/1 (0.0%)

Create your own Symbol Scanner

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Quick analysis of Comcast Corp (30 sec.)

What can you expect buying and holding a share of Comcast Corp? (30 sec.)

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Comcast Corp (5 min.)

$57.50

$0.00

2. Growth of Comcast Corp (5 min.)

Is Comcast Corp growing?

How much money is Comcast Corp making?

How much money comes from the company's main activities?

3. Financial Health of Comcast Corp (5 min.)

What can you expect buying and holding a share of Comcast Corp? (5 min.)

What can you expect buying and holding a share of Comcast Corp?

Speculation

Investing

How much money are you going to get?

When do you get the money?

Fundamentals of Comcast Corp

About Comcast Corp

Financial Health

Valuation

1.1. Profitability of Comcast Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

1.1.2. Return on Assets

Trends

1.1.3. Return on Equity

Trends

1.2. Operating Efficiency of Comcast Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Comcast Corp.

1.3. Liquidity

1.3.1. Current Ratio

Trends

1.3.2. Quick Ratio

Trends

1.4. Solvency of Comcast Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

1.4.2. Debt to Equity Ratio

Trends

2. Market Valuation of Comcast Corp

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

2.2. Price To Free Cash Flow Ratio

Trends

2. Book Value per Share

2.3. Price to Book Ratio

Trends

2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

Comcast Corp
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