CMCSA Comcast Corporation

"Additionally, federal regulatory or antitrust agencies such as the FCC or DOJ or international regulators may impose restrictions on the operation of our businesses as a result of our seeking regulatory approvals for any significant acquisitions and strategic initiatives or may dissuade us from pursuing certain transactions."

distress relevance: 0.69 market specificity: 0.34 score: 0.371 risk_factors

anchor: regulatory consent order restricts our business activities

"State legislative and regulatory initiatives can create a patchwork of different and/or conflicting state requirements, such as with respect to privacy and Open Internet/net neutrality regulations, that can affect our businesses and ability to effectively compete."

distress relevance: 0.60 market specificity: 0.35 score: 0.330 risk_factors

anchor: we are subject to formal regulatory enforcement action

"We have funded and expect to continue to be able to fund our programming and production obligations with the cash generated from our operations."

distress relevance: 0.63 market specificity: 0.30 score: 0.324 mda

anchor: we may need to raise additional capital to fund operations

"Weak economic conditions and disruptions in the global financial markets, such as high interest rates, may impact our ability to obtain financing or to refinance existing debt on acceptable terms, if at all, which could increase the cost of our borrowings over time and may increase our exposure to currency fluctuations in countries where we operate."

distress relevance: 0.62 market specificity: 0.31 score: 0.321 risk_factors

anchor: we may be unable to refinance our existing debt

"The change in realized and unrealized gains (losses) on equity securities, net in 2025 compared to 2024 was primarily due to a gain on the sale of a nonmarketable security in the current year and due to higher net unrealized losses on nonmarketable securities in the prior year."

distress relevance: 0.71 market specificity: 0.21 score: 0.317 mda

anchor: significant unrealized losses that would be realized if we sold securities

"Additionally, federal regulatory or antitrust agencies such as the FCC or DOJ or international regulators may impose restrictions on the operation of our businesses as a result of our seeking regulatory approvals for any significant acquisitions and strategic initiatives or may dissuade us from pursuing certain transactions."

distress relevance: 0.69 market specificity: 0.34 score: 0.371 risk_factors

anchor: regulatory consent order restricts our business activities

"State legislative and regulatory initiatives can create a patchwork of different and/or conflicting state requirements, such as with respect to privacy and Open Internet/net neutrality regulations, that can affect our businesses and ability to effectively compete."

distress relevance: 0.60 market specificity: 0.33 score: 0.319 risk_factors

anchor: we are subject to formal regulatory enforcement action

"Weak economic conditions and disruptions in the global financial markets, such as high interest rates, may impact our ability to obtain financing or to refinance existing debt on acceptable terms, if at all, which could increase the cost of our borrowings over time and may increase our exposure to currency fluctuations in countries where we operate."

distress relevance: 0.62 market specificity: 0.30 score: 0.317 risk_factors

anchor: we may be unable to refinance our existing debt

"As of December 31, , our debt had a weighted-average time to maturity of approximately 16 years."

distress relevance: 0.58 market specificity: 0.35 score: 0.316 mda

anchor: maturity of debt obligations may require significant cash

"We have funded and expect to continue to be able to fund our programming and production obligations with the cash generated from our operations."

distress relevance: 0.63 market specificity: 0.27 score: 0.311 mda

anchor: we may need to raise additional capital to fund operations

"Additionally, federal regulatory or antitrust agencies such as the FCC or DOJ or international regulators may impose restrictions on the operation of our businesses as a result of our seeking regulatory approvals for any significant acquisitions and strategic initiatives or may dissuade us from pursuing certain transactions."

distress relevance: 0.69 market specificity: 0.34 score: 0.371 risk_factors

anchor: regulatory consent order restricts our business activities

"As of December 31, , our debt had a weighted-average time to maturity of approximately 16 years."

distress relevance: 0.58 market specificity: 0.42 score: 0.343 mda

anchor: maturity of debt obligations may require significant cash

"The change in realized and unrealized gains (losses) on equity securities, net in 2023 compared to 2022 was primarily due to losses on marketable securities in the prior year, partially offset by losses on nonmarketable securities in the current year."

distress relevance: 0.71 market specificity: 0.25 score: 0.337 mda

anchor: significant unrealized losses that would be realized if we sold securities

"Comcast 2023 Annual Report on Form 10-K Weak economic conditions and disruptions in the global financial markets, such as higher interest rates, may impact our ability to obtain financing or to refinance existing debt on acceptable terms, if at all, which could increase the cost of our borrowings over time and may increase our exposure to currency fluctuations in countries where we operate."

distress relevance: 0.57 market specificity: 0.39 score: 0.326 risk_factors

anchor: we may be unable to refinance our existing debt

"State legislative and regulatory initiatives can create a patchwork of different and/or conflicting state requirements, such as with respect to privacy and Open Internet/net neutrality regulations, that can affect our businesses and ability to effectively compete."

distress relevance: 0.60 market specificity: 0.34 score: 0.325 risk_factors

anchor: we are subject to formal regulatory enforcement action

"Additionally, federal regulatory or antitrust agencies such as the FCC or DOJ or international regulators may impose restrictions on the operation of our businesses as a result of our seeking regulatory approvals for any significant acquisitions and strategic initiatives or may dissuade us from pursuing certain transactions."

distress relevance: 0.69 market specificity: 0.34 score: 0.371 risk_factors

anchor: regulatory consent order restricts our business activities

"We are subject to customary covenants and restrictions set forth in agreements related to debt issued at Comcast and certain of our subsidiaries, including the indentures governing our public debt securities and the credit agreement governing the Comcast revolving credit facility."

distress relevance: 0.67 market specificity: 0.34 score: 0.363 mda

anchor: our debt covenants restrict our ability to operate

"As of December 31, 2022, we met this financial covenant by a significant margin, and we expect to remain in compliance with this financial covenant and other covenants related to our debt."

distress relevance: 0.69 market specificity: 0.24 score: 0.324 mda

anchor: we may be in breach of our financial covenants

"Our credit facility contains a financial covenant pertaining to leverage, which is the ratio of debt to EBITDA, as defined in the credit facility."

distress relevance: 0.61 market specificity: 0.32 score: 0.319 mda

anchor: our debt covenants restrict our ability to operate

"The change in realized and unrealized gains (losses) on equity securities, net in 2022 compared to 2021 was primarily due to gains on nonmarketable securities in the prior year, while losses on marketable securities were consistent in both years."

distress relevance: 0.68 market specificity: 0.23 score: 0.313 mda

anchor: significant unrealized losses that would be realized if we sold securities

"Additionally, federal regulatory agencies such as the FCC or DOJ or international regulators may impose restrictions on the operation of our businesses as a result of our seeking regulatory approvals for any significant acquisitions and strategic initiatives or may dissuade us from pursuing certain transactions."

distress relevance: 0.69 market specificity: 0.35 score: 0.376 risk_factors

anchor: regulatory consent order restricts our business activities

"As of December 31, 2021, we met this financial covenant by a significant margin and we expect to remain in compliance with this financial covenant and other covenants related to our debt."

distress relevance: 0.69 market specificity: 0.24 score: 0.324 mda

anchor: we may be in breach of our financial covenants

"We also spend substantial resources complying with various regulatory and government standards, including any related investigations and litigation."

distress relevance: 0.59 market specificity: 0.35 score: 0.323 risk_factors

anchor: we are subject to formal regulatory enforcement action

"State legislative and regulatory initiatives can create a patchwork of different and/or conflicting state requirements, such as with respect to privacy and Open Internet/net neutrality regulations, that can affect our business operations and further constrain our ability to compete."

distress relevance: 0.61 market specificity: 0.32 score: 0.322 risk_factors

anchor: we are subject to formal regulatory enforcement action

"These legislators and regulators have been active in considering legislation and rulemakings, at times looking to adopt regulatory approaches from different countries that may be more burdensome, and they, along with some state attorneys general and foreign governmental authorities, have also been active in conducting inquiries and reviews regarding our services."

distress relevance: 0.56 market specificity: 0.38 score: 0.318 risk_factors

anchor: we are subject to formal regulatory enforcement action

"Additionally, federal regulatory agencies such as the FCC or DOJ or international regulators may impose restrictions on the operation of our businesses as a result of our seeking regulatory approvals for any significant acquisitions and strategic initiatives or may dissuade us from pursuing certain transactions."

distress relevance: 0.69 market specificity: 0.35 score: 0.374 risk_factors

anchor: regulatory consent order restricts our business activities

"Global financial markets have been volatile and domestic and global economic conditions continue to show signs of material weakness."

distress relevance: 0.55 market specificity: 0.47 score: 0.346 mda

anchor: material weakness in internal control over financial reporting

"Realized and Unrealized Gains (Losses) on Equity Securities, Net Realized and unrealized gains (losses) on equity securities, net in 2020 were primarily as a result of gains relating to transactions involving FanDuel and PointsBet and a public offering by fuboTV, as well as gains related to our investment in Peloton, which was sold during 2020."

distress relevance: 0.67 market specificity: 0.29 score: 0.338 mda

anchor: significant unrealized losses that would be realized if we sold securities

"and our reduced share of net losses for other equity method investments."

distress relevance: 0.58 market specificity: 0.38 score: 0.330 mda

anchor: significant unrealized losses that would be realized if we sold securities

"We also spend substantial resources complying with various regulatory and government standards, including any related investigations and litigation."

distress relevance: 0.59 market specificity: 0.37 score: 0.328 risk_factors

anchor: we are subject to formal regulatory enforcement action

"Additionally, federal regulatory agencies such as the FCC or DOJ or international regulators may impose restrictions on the operation of our businesses as a result of our seeking regulatory approvals for any significant acquisitions and strategic initiatives or may dissuade us from pursing certain transactions."

distress relevance: 0.69 market specificity: 1.00 score: 0.692 risk_factors

anchor: regulatory consent order restricts our business activities

"Further, a significant increase in interest rates or disruption in the global financial markets may affect our ability to obtain financing or to refinance existing debt on acceptable terms, if at all, and could increase the cost of our borrowings."

distress relevance: 0.67 market specificity: 1.00 score: 0.673 risk_factors

anchor: we may be unable to refinance our existing debt

"As of , we met this financial covenant by a significant margin."

distress relevance: 0.67 market specificity: 1.00 score: 0.673 mda

anchor: we may be in breach of our financial covenants

"We test for compliance with this financial covenant on an ongoing basis."

distress relevance: 0.65 market specificity: 1.00 score: 0.646 mda

anchor: we may be in breach of our financial covenants

"We do not expect to have to reduce debt or improve operating results in order to continue to comply with this financial covenant."

distress relevance: 0.63 market specificity: 1.00 score: 0.631 mda

anchor: our debt covenants restrict our ability to operate

"As of , we met this financial covenant by a significant margin."

distress relevance: 0.67 market specificity: 1.00 score: 0.673 mda

anchor: we may be in breach of our financial covenants

"We test for compliance with this financial covenant on an ongoing basis."

distress relevance: 0.65 market specificity: 1.00 score: 0.646 mda

anchor: we may be in breach of our financial covenants

"We do not expect to have to reduce debt or improve operating results in order to continue to comply with this financial covenant."

distress relevance: 0.63 market specificity: 1.00 score: 0.631 mda

anchor: our debt covenants restrict our ability to operate

"We, NBCUniversal and Comcast Cable Communications, LLC are subject to the covenants and restrictions set forth in the indentures governing our public debt securities and in the credit agreements governing the Comcast revolving credit facility."

distress relevance: 0.62 market specificity: 1.00 score: 0.619 mda

anchor: our debt covenants restrict our ability to operate

"The only financial covenant in the credit facility pertains to leverage, which is the ratio of debt to EBITDA, as defined in the credit facility."

distress relevance: 0.61 market specificity: 1.00 score: 0.611 mda

anchor: our debt covenants restrict our ability to operate