Analysis of Liquidity Ratios
Quarterly Data
Liquidity ratios measure the company’s ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Charter Communications Inc., liquidity ratios (quarterly data)
Based on: 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-01-31), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-01-31), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-02), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-02), 10-K (filing date: 2017-02-16), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-09), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-10), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-08-04), 10-Q (filing date: 2015-05-01).
Liquidity ratio | Description | The company |
---|---|---|
Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Charter Communications Inc.’s current ratio improved from Q1 2020 to Q2 2020 but then deteriorated significantly from Q2 2020 to Q3 2020. |
Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Charter Communications Inc.’s quick ratio improved from Q1 2020 to Q2 2020 but then deteriorated significantly from Q2 2020 to Q3 2020. |
Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Charter Communications Inc.’s cash ratio improved from Q1 2020 to Q2 2020 but then deteriorated significantly from Q2 2020 to Q3 2020. |
Current Ratio
Charter Communications Inc., current ratio calculation (quarterly data)
Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | ||||||||
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Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||
Current assets | 4,060 | 4,765 | 5,759 | 6,471 | 3,388 | 3,340 | 3,751 | 2,730 | 2,729 | 2,750 | 2,398 | 2,555 | 4,132 | 2,564 | 4,666 | 3,300 | 2,781 | 2,325 | 1,612 | 345 | 406 | 456 | 7,502 | |||||||
Current liabilities | 10,256 | 9,142 | 13,215 | 12,385 | 11,982 | 9,875 | 11,950 | 12,095 | 11,850 | 14,024 | 11,602 | 11,090 | 10,419 | 8,123 | 9,520 | 9,572 | 8,647 | 8,807 | 1,925 | 1,972 | 1,829 | 1,636 | 8,569 | |||||||
Liquidity Ratio | ||||||||||||||||||||||||||||||
Current ratio1 | 0.40 | 0.52 | 0.44 | 0.52 | 0.28 | 0.34 | 0.31 | 0.23 | 0.23 | 0.20 | 0.21 | 0.23 | 0.40 | 0.32 | 0.49 | 0.34 | 0.32 | 0.26 | 0.84 | 0.17 | 0.22 | 0.28 | 0.88 | |||||||
Benchmarks | ||||||||||||||||||||||||||||||
Current Ratio, Competitors2 | ||||||||||||||||||||||||||||||
Comcast Corp. | 0.93 | 0.97 | 0.87 | 0.84 | 0.86 | 0.69 | 0.73 | 0.79 | 1.18 | 0.96 | 0.98 | 0.74 | 0.74 | 0.67 | 0.80 | 0.76 | 0.84 | 0.84 | 0.80 | 0.68 | 0.66 | 0.76 | 0.70 | |||||||
Netflix Inc. | 1.24 | 1.12 | 0.82 | 0.90 | 0.73 | 0.85 | 0.61 | 1.49 | 1.39 | 1.54 | 1.30 | 1.40 | 1.20 | 1.31 | 1.15 | 1.25 | 1.18 | 1.33 | 1.41 | 1.54 | 1.67 | 1.74 | 1.84 | |||||||
Walt Disney Co. | 1.34 | 0.94 | 0.80 | 0.90 | 0.70 | 0.77 | 1.00 | 0.94 | 0.88 | 0.85 | 0.87 | 0.81 | 1.00 | 0.94 | 0.86 | 1.01 | 0.97 | 1.00 | 0.95 | 1.03 | 1.11 | 1.17 | 1.03 |
Based on: 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-01-31), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-01-31), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-02), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-02), 10-K (filing date: 2017-02-16), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-09), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-10), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-08-04), 10-Q (filing date: 2015-05-01).
1 Q3 2020 Calculation
Current ratio = Current assets ÷ Current liabilities
= 4,060 ÷ 10,256 = 0.40
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.’s current ratio improved from Q1 2020 to Q2 2020 but then deteriorated significantly from Q2 2020 to Q3 2020. |
Quick Ratio
Charter Communications Inc., quick ratio calculation (quarterly data)
Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | ||||||||
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Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||
Cash and cash equivalents | 1,283 | 2,097 | 2,908 | 3,483 | 508 | 696 | 1,451 | 551 | 612 | 773 | 576 | 621 | 2,164 | 694 | 2,920 | 1,535 | 1,165 | 555 | 1,278 | 5 | — | 30 | 20 | |||||||
Restricted cash and cash equivalents | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 7,112 | |||||||
Accounts receivable, less allowance for doubtful accounts | 2,068 | 1,994 | 2,091 | 2,227 | 2,284 | 2,070 | 1,578 | 1,733 | 1,736 | 1,619 | 1,409 | 1,635 | 1,652 | 1,489 | 1,311 | 1,432 | 1,242 | 1,340 | 253 | 279 | 292 | 321 | 264 | |||||||
Total quick assets | 3,351 | 4,091 | 4,999 | 5,710 | 2,792 | 2,766 | 3,029 | 2,284 | 2,348 | 2,392 | 1,985 | 2,256 | 3,816 | 2,183 | 4,231 | 2,967 | 2,407 | 1,895 | 1,531 | 284 | 292 | 351 | 7,396 | |||||||
Current liabilities | 10,256 | 9,142 | 13,215 | 12,385 | 11,982 | 9,875 | 11,950 | 12,095 | 11,850 | 14,024 | 11,602 | 11,090 | 10,419 | 8,123 | 9,520 | 9,572 | 8,647 | 8,807 | 1,925 | 1,972 | 1,829 | 1,636 | 8,569 | |||||||
Liquidity Ratio | ||||||||||||||||||||||||||||||
Quick ratio1 | 0.33 | 0.45 | 0.38 | 0.46 | 0.23 | 0.28 | 0.25 | 0.19 | 0.20 | 0.17 | 0.17 | 0.20 | 0.37 | 0.27 | 0.44 | 0.31 | 0.28 | 0.22 | 0.80 | 0.14 | 0.16 | 0.21 | 0.86 | |||||||
Benchmarks | ||||||||||||||||||||||||||||||
Quick Ratio, Competitors2 | ||||||||||||||||||||||||||||||
Comcast Corp. | 0.81 | 0.85 | 0.70 | 0.55 | 0.55 | 0.48 | 0.51 | 0.54 | 1.00 | 0.77 | 0.77 | 0.56 | 0.56 | 0.47 | 0.61 | 0.52 | 0.57 | 0.65 | 0.63 | 0.51 | 0.49 | 0.60 | 0.54 | |||||||
Netflix Inc. | 1.06 | 0.94 | 0.66 | 0.73 | 0.61 | 0.72 | 0.49 | 0.58 | 0.49 | 0.64 | 0.43 | 0.52 | 0.33 | 0.42 | 0.27 | 0.38 | 0.30 | 0.45 | 0.53 | 0.65 | 0.78 | 0.87 | 0.98 | |||||||
Walt Disney Co. | 1.16 | 0.81 | 0.69 | 0.67 | 0.50 | 0.56 | 0.83 | 0.75 | 0.71 | 0.70 | 0.73 | 0.65 | 0.82 | 0.75 | 0.70 | 0.81 | 0.78 | 0.81 | 0.78 | 0.75 | 0.84 | 0.89 | 0.81 |
Based on: 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-01-31), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-01-31), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-02), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-02), 10-K (filing date: 2017-02-16), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-09), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-10), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-08-04), 10-Q (filing date: 2015-05-01).
1 Q3 2020 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 3,351 ÷ 10,256 = 0.33
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.’s quick ratio improved from Q1 2020 to Q2 2020 but then deteriorated significantly from Q2 2020 to Q3 2020. |
Cash Ratio
Charter Communications Inc., cash ratio calculation (quarterly data)
Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||
Cash and cash equivalents | 1,283 | 2,097 | 2,908 | 3,483 | 508 | 696 | 1,451 | 551 | 612 | 773 | 576 | 621 | 2,164 | 694 | 2,920 | 1,535 | 1,165 | 555 | 1,278 | 5 | — | 30 | 20 | |||||||
Restricted cash and cash equivalents | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 7,112 | |||||||
Total cash assets | 1,283 | 2,097 | 2,908 | 3,483 | 508 | 696 | 1,451 | 551 | 612 | 773 | 576 | 621 | 2,164 | 694 | 2,920 | 1,535 | 1,165 | 555 | 1,278 | 5 | — | 30 | 7,132 | |||||||
Current liabilities | 10,256 | 9,142 | 13,215 | 12,385 | 11,982 | 9,875 | 11,950 | 12,095 | 11,850 | 14,024 | 11,602 | 11,090 | 10,419 | 8,123 | 9,520 | 9,572 | 8,647 | 8,807 | 1,925 | 1,972 | 1,829 | 1,636 | 8,569 | |||||||
Liquidity Ratio | ||||||||||||||||||||||||||||||
Cash ratio1 | 0.13 | 0.23 | 0.22 | 0.28 | 0.04 | 0.07 | 0.12 | 0.05 | 0.05 | 0.06 | 0.05 | 0.06 | 0.21 | 0.09 | 0.31 | 0.16 | 0.13 | 0.06 | 0.66 | 0.00 | 0.00 | 0.02 | 0.83 | |||||||
Benchmarks | ||||||||||||||||||||||||||||||
Cash Ratio, Competitors2 | ||||||||||||||||||||||||||||||
Comcast Corp. | 0.46 | 0.49 | 0.31 | 0.18 | 0.13 | 0.13 | 0.13 | 0.14 | 0.54 | 0.30 | 0.31 | 0.16 | 0.19 | 0.12 | 0.21 | 0.15 | 0.16 | 0.27 | 0.29 | 0.13 | 0.11 | 0.20 | 0.21 | |||||||
Netflix Inc. | 1.06 | 0.94 | 0.66 | 0.73 | 0.61 | 0.72 | 0.49 | 0.58 | 0.49 | 0.64 | 0.43 | 0.52 | 0.33 | 0.42 | 0.27 | 0.38 | 0.30 | 0.45 | 0.53 | 0.65 | 0.78 | 0.87 | 0.98 | |||||||
Walt Disney Co. | 0.75 | 0.40 | 0.20 | 0.17 | 0.15 | 0.23 | 0.25 | 0.23 | 0.21 | 0.21 | 0.24 | 0.21 | 0.25 | 0.22 | 0.19 | 0.27 | 0.29 | 0.29 | 0.23 | 0.26 | 0.30 | 0.28 | 0.30 |
Based on: 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-31), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-01-31), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-01-31), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-31), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-02), 10-Q (filing date: 2017-10-26), 10-Q (filing date: 2017-07-27), 10-Q (filing date: 2017-05-02), 10-K (filing date: 2017-02-16), 10-Q (filing date: 2016-11-03), 10-Q (filing date: 2016-08-09), 10-Q (filing date: 2016-04-28), 10-K (filing date: 2016-02-10), 10-Q (filing date: 2015-10-29), 10-Q (filing date: 2015-08-04), 10-Q (filing date: 2015-05-01).
1 Q3 2020 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,283 ÷ 10,256 = 0.13
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.’s cash ratio improved from Q1 2020 to Q2 2020 but then deteriorated significantly from Q2 2020 to Q3 2020. |