📊 LBRDP Key Takeaways
Is LBRDP a Good Investment? Thesis Analysis
Liberty Broadband is in severe financial distress with a $2.7B net loss, negative profitability across all margins, and a critical liquidity crisis evidenced by a 0.10x current ratio that indicates inability to meet short-term obligations. While positive operating and free cash flow provide temporary relief, the company cannot service debt from operations (negative 0.7x interest coverage) and holds only $57M in cash against $3.1B in liabilities, creating an unsustainable financial position.
Why Buy LBRDP? Key Strengths
- Positive operating cash flow of $169M provides near-term liquidity runway despite accounting losses
- Free cash flow of $50M (9.5% margin) demonstrates ability to generate cash despite net losses
- Moderate leverage with 0.31x debt-to-equity ratio limits financial stress compared to typical cable operators
- Modest revenue growth of 3.6% YoY shows residual market demand in declining cable television sector
LBRDP Investment Risks to Consider
- Critical working capital deficit: 0.10x current ratio indicates technical insolvency and inability to cover short-term liabilities
- Catastrophic profitability: -507.8% net margin and -$2.7B annual loss is operationally unsustainable
- Negative interest coverage (-0.7x) means company cannot service debt obligations from operating income
- Severely depleted cash reserves of $57M are insufficient against $3.1B total liabilities and ongoing operations
- Negative operating margin (-6.8%) indicates core business operations are unprofitable before financing costs
Key Metrics to Watch
- Quarterly net income trend and path to profitability; operating margin recovery
- Current ratio and working capital position; ability to refinance maturing obligations
- Operating cash flow sustainability and free cash flow generation capacity
- Debt refinancing success and ability to extend maturity dates given negative covenants
LBRDP Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
LBRDP Profitability Ratios
LBRDP vs Default Sector
How Liberty Broadband Corp compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is LBRDP Overvalued or Undervalued?
Based on fundamental analysis, Liberty Broadband Corp has mixed fundamental signals relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
LBRDP Balance Sheet & Liquidity
LBRDP 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: Liberty Broadband Corp's revenue has grown significantly by 1,904% over the 5-year period, indicating strong business expansion. The most recent EPS of $7.96 reflects profitable operations.
LBRDP Growth Metrics (YoY)
LBRDP Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2025 | $246.0M | $195.0M | $1.36 |
| Q1 2025 | $245.0M | $241.0M | $1.69 |
| Q3 2024 | $240.0M | $142.0M | $0.99 |
| Q2 2024 | $245.0M | $195.0M | $1.36 |
| Q1 2024 | $245.0M | $69.0M | $0.47 |
| Q3 2023 | $240.0M | $162.0M | $1.10 |
| Q2 2023 | $239.0M | $252.0M | $1.71 |
| Q1 2023 | $238.0M | $69.0M | $0.47 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
LBRDP Capital Allocation
LBRDP SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for Liberty Broadband Corp (CIK: 0001611983)
📋 Recent SEC Filings
❓ Frequently Asked Questions about LBRDP
What is the AI rating for LBRDP?
Liberty Broadband Corp (LBRDP) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are LBRDP's key strengths?
Claude: Positive operating cash flow of $169M provides near-term liquidity runway despite accounting losses. Free cash flow of $50M (9.5% margin) demonstrates ability to generate cash despite net losses.
What are the risks of investing in LBRDP?
Claude: Critical working capital deficit: 0.10x current ratio indicates technical insolvency and inability to cover short-term liabilities. Catastrophic profitability: -507.8% net margin and -$2.7B annual loss is operationally unsustainable.
What is LBRDP's revenue and growth?
Liberty Broadband Corp reported revenue of $527.0M.
Does LBRDP pay dividends?
Liberty Broadband Corp does not currently pay dividends.
Where can I find LBRDP SEC filings?
Official SEC filings for Liberty Broadband Corp (CIK: 0001611983) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is LBRDP's EPS?
Liberty Broadband Corp has a diluted EPS of $4.55.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is LBRDP a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Liberty Broadband Corp has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is LBRDP stock overvalued or undervalued?
Valuation metrics for LBRDP: ROE of -47.0% (sector avg: 15%), net margin of -507.8% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy LBRDP stock in 2026?
Our dual AI analysis gives Liberty Broadband Corp a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is LBRDP's free cash flow?
Liberty Broadband Corp's operating cash flow is $169.0M, with capital expenditures of $119.0M. FCF margin is 9.5%.
How does LBRDP compare to other Default stocks?
Vs Default sector averages: Net margin -507.8% (avg: 12%), ROE -47.0% (avg: 15%), current ratio 0.10 (avg: 1.8).