Stock Analysis on Net

This company has been moved to the archive! The financial data has not been updated since February 2, 2024.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 
Quarterly Data

Charter Communications Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

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Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Accounts payable and accrued liabilities 7.62 7.24 6.85 7.07 7.30 7.01 6.88 6.52 6.64 6.49 6.27 6.21 6.15 5.92 5.81 5.67 6.00 5.83 5.72 5.72
Current portion of long-term debt 1.36 1.36 1.37 1.38 1.04 1.06 1.07 3.16 2.10 2.10 0.70 0.70 0.70 1.19 0.49 3.35 2.36 2.42 1.04 2.40
Current liabilities 8.98% 8.61% 8.22% 8.45% 8.35% 8.07% 7.95% 9.68% 8.74% 8.59% 6.97% 6.91% 6.85% 7.11% 6.30% 9.02% 8.36% 8.25% 6.76% 8.12%
Long-term debt, less current portion 65.07 65.31 65.91 66.25 66.49 66.48 65.94 62.99 62.15 59.92 60.38 58.48 56.69 54.06 53.51 51.03 51.00 49.14 49.14 47.92
Deferred income taxes 12.88 12.95 13.04 13.14 13.19 13.33 13.35 13.25 13.40 13.32 12.97 12.71 12.56 12.43 12.26 12.05 11.95 12.12 11.99 11.87
Other long-term liabilities 3.08 3.08 3.20 3.26 3.29 3.52 3.32 3.01 2.96 3.07 2.96 2.95 2.91 3.02 2.85 2.84 2.50 2.59 2.61 2.46
Long-term liabilities 81.02% 81.34% 82.14% 82.64% 82.97% 83.33% 82.61% 79.25% 78.52% 76.31% 76.31% 74.14% 72.15% 69.51% 68.62% 65.93% 65.45% 63.86% 63.74% 62.25%
Total liabilities 90.00% 89.95% 90.37% 91.09% 91.32% 91.40% 90.57% 88.92% 87.26% 84.89% 83.28% 81.05% 79.00% 76.62% 74.92% 74.94% 73.81% 72.11% 70.50% 70.36%
Class A common stock; $.001 par value 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Class B common stock; $.001 par value 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Preferred stock; $.001 par value; no shares issued and outstanding 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 15.86 16.68 16.68 16.66 16.56 18.76 18.78 18.66 18.76 21.06 20.74 20.24 20.11 22.02 21.81 21.52 21.19 23.27 23.10 22.85
Retained earnings (accumulated deficit) -8.33 -7.72 -8.64 -9.53 -10.26 -6.14 -6.98 -7.97 -8.90 -1.51 -2.34 -3.06 -3.60 1.40 0.83 0.30 0.03 2.57 2.29 2.06
Treasury stock at cost 0.00 -1.39 -0.86 -0.64 0.00 -6.43 -4.90 -2.32 0.00 -7.60 -4.98 -2.55 0.00 -4.76 -2.42 -1.60 0.00 -3.14 -1.23 -0.64
Accumulated other comprehensive loss 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Charter shareholders’ equity 7.53% 7.57% 7.18% 6.50% 6.31% 6.19% 6.90% 8.38% 9.86% 11.95% 13.43% 14.64% 16.51% 18.66% 20.23% 20.22% 21.22% 22.70% 24.15% 24.27%
Noncontrolling interests 2.47 2.49 2.45 2.40 2.37 2.41 2.54 2.70 2.88 3.16 3.29 4.31 4.49 4.72 4.85 4.84 4.97 5.20 5.34 5.37
Total shareholders’ equity 10.00% 10.05% 9.63% 8.91% 8.68% 8.60% 9.43% 11.08% 12.74% 15.11% 16.72% 18.95% 21.00% 23.38% 25.08% 25.06% 26.19% 27.89% 29.50% 29.64%
Total liabilities and shareholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).


The analysis of the financial structure over the reported quarters indicates several notable trends in liabilities and shareholders’ equity composition.

Accounts payable and accrued liabilities
This component shows a gradual increase from 5.72% in early 2019 to a peak of 7.62% by the end of 2023, indicating a steady rise in obligations related to operational expenses relative to the total capital structure.
Current portion of long-term debt
Fluctuations are observed, with values oscillating notably; for instance, a high of 3.35% in the first quarter of 2020 dropped significantly to around 0.7% later that year and stabilized near 1.3% towards 2023. This suggests varying short-term debt maturities impacting the liability mix periodically.
Current liabilities
Displayed variability with some upward movement across the timeline: beginning around 8.12% in early 2019, dipping mid-period, then increasing again to nearly 9% by late 2023. This reflects changes in short-term financial obligations beyond debt, inclusive of payables and accrued expenses.
Long-term debt, less current portion
A clear escalating trend is evident, rising from 47.92% at the start to over 65% by the end of 2023. This ongoing increase highlights the growing proportion of long-term financing within the company's capital structure relative to total liabilities and equity.
Deferred income taxes
A gradual but modest increase in percentage terms over time is recorded, from roughly 11.87% to just under 13%, implying growing deferred tax liabilities as part of the financial obligations.
Other long-term liabilities
Slight upward drift from around 2.46% to just above 3% suggests a moderate increase in miscellaneous long-term obligations.
Long-term liabilities
Consistent reinforcement in the share represented by long-term liabilities, escalating from approximately 62.25% to above 81%, underscoring the increasing dominance of long-term obligations in the overall financing mix.
Total liabilities
The total liabilities as a percentage of combined liabilities and equity rose from about 70.36% to stabilize near 90%, demonstrating a substantial increase in reliance on external financing and obligations over equity.
Additional paid-in capital
A declining pattern is observable, decreasing from over 22% to under 16%, indicating diminishing relative contributions from paid-in capital as part of total funding sources.
Retained earnings (accumulated deficit)
This category exhibits significant volatility, initially increasing up to 2.57% before plunging into negative territory notably after 2019, reaching as low as -10.26% at one point. This suggests considerable accumulated losses impacting the equity base.
Treasury stock at cost
Fluctuations with overall negative values but irregular data points show periods of increased treasury stock holdings, reflecting potential share repurchases or adjustments in equity treasury management.
Total Charter shareholders’ equity
A pronounced downward trend from roughly 24% to near 7-8% highlights a decreasing equity proportion relative to total capital. This contraction is consistent with the rising debt levels and accumulated deficits noted.
Noncontrolling interests
A gradual decline in proportion from around 5.37% to approximately 2.5% indicates reduced minority interests in the consolidated capital structure.
Total shareholders’ equity
Mirroring the trend in core equity, total shareholders’ equity diminished from nearly 30% to approximately 10%, underscoring a reduced equity cushion against liabilities over this timeframe.

In summary, the financial structure reflects a clear shift towards greater leverage, with long-term debt increasingly comprising the majority of liabilities and a significant contraction in shareholders’ equity. The rising liabilities, particularly long-term debt, coupled with decreasing retained earnings and equity levels, reveal a trend of increased financial risk and dependence on external funding sources over the analyzed periods.