Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Charter Communications Inc. (NASDAQ:CHTR)

Analysis of Long-term (Investment) Activity Ratios

Beginner level

Long-term Activity Ratios (Summary)

Charter Communications Inc., long-term (investment) activity ratios

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Net fixed asset turnover 1.40 1.32 1.24 1.23 0.88
Net fixed asset turnover (including operating lease, right-of-use asset) 1.35 1.28 1.24 1.23 0.88
Total asset turnover 0.33 0.31 0.30 0.28 0.19
Equity turnover 2.02 1.46 1.20 1.06 0.72

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-01-31), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-02-02), 10-K (filing date: 2017-02-16).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Charter Communications Inc.’s net fixed asset turnover ratio improved from 2018 to 2019 and from 2019 to 2020.
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Charter Communications Inc.’s net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2018 to 2019 and from 2019 to 2020.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Charter Communications Inc.’s total asset turnover ratio improved from 2018 to 2019 and from 2019 to 2020.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Charter Communications Inc.’s equity turnover ratio improved from 2018 to 2019 and from 2019 to 2020.

Net Fixed Asset Turnover

Charter Communications Inc., net fixed asset turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Revenues 48,097  45,764  43,634  41,581  29,003 
Property, plant and equipment, net of accumulated depreciation 34,357  34,591  35,126  33,888  32,963 
Long-term Activity Ratio
Net fixed asset turnover1 1.40 1.32 1.24 1.23 0.88
Benchmarks
Net Fixed Asset Turnover, Competitors2
Comcast Corp. 1.99 2.25 2.13 2.20 2.22
Netflix Inc. 26.03 35.66 37.76 36.61 35.27
Walt Disney Co. 2.04 2.20 2.01 1.94 2.03
Net Fixed Asset Turnover, Sector
Media 2.03 2.12 1.95 1.91 1.80
Net Fixed Asset Turnover, Industry
Consumer Services 4.04 4.16 3.88 3.82 3.82

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-01-31), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-02-02), 10-K (filing date: 2017-02-16).

1 2020 Calculation
Net fixed asset turnover = Revenues ÷ Property, plant and equipment, net of accumulated depreciation
= 48,097 ÷ 34,357 = 1.40

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Charter Communications Inc.’s net fixed asset turnover ratio improved from 2018 to 2019 and from 2019 to 2020.

Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)

Charter Communications Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Revenues 48,097  45,764  43,634  41,581  29,003 
 
Property, plant and equipment, net of accumulated depreciation 34,357  34,591  35,126  33,888  32,963 
Operating lease right-of-use assets (included within Other noncurrent assets) 1,214  1,092  —  —  — 
Property, plant and equipment, net of accumulated depreciation (including operating lease, right-of-use asset) 35,571  35,683  35,126  33,888  32,963 
Long-term Activity Ratio
Net fixed asset turnover (including operating lease, right-of-use asset)1 1.35 1.28 1.24 1.23 0.88
Benchmarks
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2
Comcast Corp. 1.86 2.08 2.13 2.20 2.22
Netflix Inc. 8.34 9.61 37.76 36.61 35.27
Walt Disney Co. 1.83 2.20 2.01 1.94 2.03
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Sector
Media 1.86 2.01 1.95 1.91 1.80
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Industry
Consumer Services 3.13 3.60 3.88 3.82 3.82

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-01-31), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-02-02), 10-K (filing date: 2017-02-16).

1 2020 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = Revenues ÷ Property, plant and equipment, net of accumulated depreciation (including operating lease, right-of-use asset)
= 48,097 ÷ 35,571 = 1.35

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Charter Communications Inc.’s net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2018 to 2019 and from 2019 to 2020.

Total Asset Turnover

Charter Communications Inc., total asset turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Revenues 48,097  45,764  43,634  41,581  29,003 
Total assets 144,206  148,188  146,130  146,623  149,067 
Long-term Activity Ratio
Total asset turnover1 0.33 0.31 0.30 0.28 0.19
Benchmarks
Total Asset Turnover, Competitors2
Comcast Corp. 0.38 0.41 0.38 0.45 0.45
Netflix Inc. 0.64 0.59 0.61 0.61 0.65
Walt Disney Co. 0.32 0.36 0.60 0.58 0.60
Total Asset Turnover, Sector
Media 0.37 0.38 0.41 0.43 0.40
Total Asset Turnover, Industry
Consumer Services 1.10 1.15 1.21 1.34 1.35

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-01-31), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-02-02), 10-K (filing date: 2017-02-16).

1 2020 Calculation
Total asset turnover = Revenues ÷ Total assets
= 48,097 ÷ 144,206 = 0.33

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Charter Communications Inc.’s total asset turnover ratio improved from 2018 to 2019 and from 2019 to 2020.

Equity Turnover

Charter Communications Inc., equity turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Selected Financial Data (US$ in millions)
Revenues 48,097  45,764  43,634  41,581  29,003 
Total Charter shareholders’ equity 23,805  31,445  36,285  39,084  40,139 
Long-term Activity Ratio
Equity turnover1 2.02 1.46 1.20 1.06 0.72
Benchmarks
Equity Turnover, Competitors2
Comcast Corp. 1.15 1.32 1.32 1.23 1.49
Netflix Inc. 2.26 2.66 3.01 3.26 3.30
Walt Disney Co. 0.78 0.78 1.22 1.33 1.29
Equity Turnover, Sector
Media 1.16 1.16 1.32 1.26 1.24
Equity Turnover, Industry
Consumer Services 4.10 4.14 4.21 4.28 4.17

Based on: 10-K (filing date: 2021-01-29), 10-K (filing date: 2020-01-31), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-02-02), 10-K (filing date: 2017-02-16).

1 2020 Calculation
Equity turnover = Revenues ÷ Total Charter shareholders’ equity
= 48,097 ÷ 23,805 = 2.02

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Charter Communications Inc.’s equity turnover ratio improved from 2018 to 2019 and from 2019 to 2020.