Stock Analysis on Net

Charter Communications Inc. (NASDAQ:CHTR)

Analysis of Liquidity Ratios 

Microsoft Excel

Liquidity Ratios (Summary)

Charter Communications Inc., liquidity ratios

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Current ratio 0.31 0.33 0.29 0.40 0.52
Quick ratio 0.28 0.30 0.26 0.32 0.46
Cash ratio 0.05 0.05 0.05 0.10 0.28

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Charter Communications Inc. current ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Charter Communications Inc. quick ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Charter Communications Inc. cash ratio improved from 2021 to 2022 and from 2022 to 2023.

Current Ratio

Charter Communications Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Current assets 4,132 4,017 3,566 3,906 6,471
Current liabilities 13,214 12,065 12,458 9,875 12,385
Liquidity Ratio
Current ratio1 0.31 0.33 0.29 0.40 0.52
Benchmarks
Current Ratio, Competitors2
Alphabet Inc. 2.10 2.38 2.93 3.07 3.37
Comcast Corp. 0.60 0.78 0.85 0.93 0.84
Meta Platforms Inc. 2.67 2.20 3.15 5.05 4.40
Netflix Inc. 1.12 1.17 0.95 1.25 0.90
Walt Disney Co. 1.05 1.00 1.08 1.32 0.90
Current Ratio, Sector
Media & Entertainment 1.58 1.67 1.95 2.25 2.02
Current Ratio, Industry
Communication Services 1.26 1.24 1.37 1.69 1.45

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Current ratio = Current assets ÷ Current liabilities
= 4,132 ÷ 13,214 = 0.31

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Charter Communications Inc. current ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Quick Ratio

Charter Communications Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Cash and cash equivalents 709 645 601 998 3,483
Accounts receivable, less allowance for doubtful accounts 2,965 2,921 2,579 2,201 2,227
Total quick assets 3,674 3,566 3,180 3,199 5,710
 
Current liabilities 13,214 12,065 12,458 9,875 12,385
Liquidity Ratio
Quick ratio1 0.28 0.30 0.26 0.32 0.46
Benchmarks
Quick Ratio, Competitors2
Alphabet Inc. 1.94 2.22 2.79 2.95 3.21
Comcast Corp. 0.50 0.62 0.71 0.81 0.55
Meta Platforms Inc. 2.55 2.01 2.94 4.89 4.28
Netflix Inc. 1.07 1.12 0.91 1.22 0.87
Walt Disney Co. 0.85 0.83 0.94 1.15 0.67
Quick Ratio, Sector
Media & Entertainment 1.45 1.51 1.81 2.12 1.83
Quick Ratio, Industry
Communication Services 1.08 1.05 1.19 1.49 1.22

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 3,674 ÷ 13,214 = 0.28

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Charter Communications Inc. quick ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Cash Ratio

Charter Communications Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Cash and cash equivalents 709 645 601 998 3,483
Total cash assets 709 645 601 998 3,483
 
Current liabilities 13,214 12,065 12,458 9,875 12,385
Liquidity Ratio
Cash ratio1 0.05 0.05 0.05 0.10 0.28
Benchmarks
Cash Ratio, Competitors2
Alphabet Inc. 1.36 1.64 2.17 2.41 2.65
Comcast Corp. 0.15 0.17 0.30 0.41 0.18
Meta Platforms Inc. 2.05 1.51 2.27 4.14 3.64
Netflix Inc. 0.81 0.76 0.71 1.05 0.73
Walt Disney Co. 0.46 0.40 0.51 0.67 0.17
Cash Ratio, Sector
Media & Entertainment 0.99 1.02 1.31 1.64 1.37
Cash Ratio, Industry
Communication Services 0.66 0.62 0.77 1.04 0.79

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 709 ÷ 13,214 = 0.05

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Charter Communications Inc. cash ratio improved from 2021 to 2022 and from 2022 to 2023.