Liquidity ratios measure the company’s ability to meet its short-term obligations.

Charter Communications Inc., liquidity ratios (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
Current ratio	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
Quick ratio	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
Cash ratio	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

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.

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
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

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.

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
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

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.

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

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.

Charter Communications Inc. (NASDAQ:CHTR)

Analysis of Liquidity Ratios
Quarterly Data