(CMCSA - Get Report)
is a provider of cable services, offering a variety of entertainment, information and communications services to residential and commercial customers.
Rated "A+ (Buy)" by TheStreet Ratings:
Comcast's gross profit margin for the first quarter of its fiscal year 2012 has decreased when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago. Comcast has very weak liquidity. Currently, the Quick Ratio is 0.44 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.
At the same time, stockholders' equity ("net worth") has remained virtually unchanged only increasing by 2.47% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.