Stock Analysis on Net
Stock Analysis on Net

Time Warner Cable Inc. (NYSE:TWC)

This company has been moved to the archive! The financial data has not been updated since April 28, 2016.

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

Time Warner Cable Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

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Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011 Sep 30, 2011 Jun 30, 2011 Mar 31, 2011
Accounts payable 1.25 1.33 0.99 1.01 0.92 1.17 0.95 1.17 0.91 1.17 0.99 1.06 1.04 1.31 0.91 0.80 0.71 1.13 0.69 0.65 0.64
Deferred revenue and subscriber-related liabilities 0.49 0.45 0.44 0.44 0.43 0.41 0.40 0.40 0.39 0.39 0.40 0.40 0.38 0.37 0.38 0.37 0.41 0.35 0.35 0.39 0.40
Accrued programming and content expense 2.13 2.00 1.97 1.98 2.01 1.86 1.85 1.85 1.85 1.80 1.89 1.80 1.82 1.75 1.75 1.77 1.76 1.67 1.71 1.80 1.80
Current maturities of long-term debt 0.01 0.01 0.01 0.65 1.34 2.10 3.17 3.43 6.23 3.66 3.73 6.66 4.61 3.05 3.75 3.71 5.06 4.40 3.69 0.57 0.00
Mandatorily redeemable preferred equity issued by a subsidiary 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.61 0.61 0.60 0.60 0.00 0.00 0.00 0.00 0.00 0.00
Other current liabilities 3.86 4.22 4.31 4.41 3.91 3.74 3.95 4.04 3.65 3.81 3.45 3.70 3.46 3.61 3.66 3.66 3.38 3.58 3.22 3.43 3.28
Current liabilities 7.74% 8.01% 7.72% 8.50% 8.61% 9.27% 10.32% 10.88% 13.02% 10.83% 10.47% 14.23% 11.92% 10.69% 11.05% 10.32% 11.33% 11.12% 9.65% 6.84% 6.13%
Long-term debt, excluding current maturities 45.20 45.65 46.57 46.50 46.84 46.81 46.80 47.29 46.37 48.24 49.04 46.95 49.19 50.54 50.29 50.83 49.38 50.38 51.34 52.11 51.12
Mandatorily redeemable preferred equity issued by a subsidiary 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 0.60 0.61 0.62 0.62 0.65 0.66
Deferred income tax liabilities, net 26.11 26.04 26.04 26.01 26.10 25.90 25.15 25.10 24.62 25.06 24.70 23.44 23.14 22.65 22.49 22.20 22.36 21.12 21.17 21.74 21.91
Other liabilities 2.13 2.03 1.71 1.58 1.60 1.50 1.47 1.42 1.55 1.49 1.74 1.75 1.68 1.51 0.97 1.31 1.05 1.14 1.31 1.11 1.03
Noncurrent liabilities 73.44% 73.72% 74.32% 74.09% 74.54% 74.20% 73.42% 73.82% 72.54% 74.78% 75.48% 72.13% 74.00% 74.69% 73.74% 74.93% 73.41% 73.26% 74.44% 75.62% 74.74%
Total liabilities 81.18% 81.74% 82.04% 82.59% 83.15% 83.47% 83.74% 84.70% 85.56% 85.61% 85.95% 86.37% 85.92% 85.38% 84.79% 85.25% 84.73% 84.39% 84.09% 82.47% 80.86%
Common stock, $0.01 par value 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Additional paid-in capital 15.25 15.18 15.25 15.07 15.07 14.79 14.58 14.32 13.91 14.40 14.88 14.76 15.18 15.21 15.39 15.76 16.16 16.61 17.24 18.80 20.05
Retained earnings (accumulated deficit) 4.43 3.91 3.40 2.94 2.46 2.40 1.69 1.11 0.52 -0.11 0.25 0.09 0.18 0.73 0.88 0.16 0.20 0.14 -0.58 -0.59 -0.30
Accumulated other comprehensive income (loss), net -0.87 -0.84 -0.71 -0.61 -0.70 -0.67 -0.03 -0.15 0.00 0.09 -1.09 -1.22 -1.30 -1.33 -1.08 -1.19 -1.12 -1.16 -0.77 -0.69 -0.64
Total TWC shareholders’ equity 18.81% 18.25% 17.95% 17.40% 16.84% 16.52% 16.25% 15.29% 14.43% 14.38% 14.05% 13.63% 14.07% 14.61% 15.19% 14.73% 15.25% 15.60% 15.89% 17.52% 19.12%
Noncontrolling interests 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.02 0.02 0.01 0.01 0.02 0.02
Total equity 18.82% 18.26% 17.96% 17.41% 16.85% 16.53% 16.26% 15.30% 14.44% 14.39% 14.05% 13.63% 14.08% 14.62% 15.21% 14.75% 15.27% 15.61% 15.91% 17.53% 19.14%
Total liabilities and 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% 100.00%

Based on: 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).

Accounts payable
The proportion of accounts payable relative to total liabilities and equity exhibited moderate fluctuations over the observed periods. Starting at 0.64% in early 2011, it increased gradually and peaked around 1.33% by the end of 2015. Periodic rises and falls suggest variability in short-term obligations management.
Deferred revenue and subscriber-related liabilities
This component showed a steady upward trend from 0.40% in March 2011 to 0.49% in March 2016, indicating a gradual growth in deferred revenue or subscriber-related obligations over the timeframe.
Accrued programming and content expense
Relatively stable in the earlier years, this liability gradually increased from around 1.8% to 2.13% by early 2016, suggesting escalating expenses related to programming and content accrual over the periods.
Current maturities of long-term debt
There was notable volatility in this category, which started at 0.57% in Q2 2011, spiked as high as 6.66% in Q2 2013, and then declined steeply to near negligible levels (0.01%) by the end of 2015 and early 2016. This indicates partial repayment or refinancing of near-term debt obligations over time.
Other current liabilities
Other current liabilities demonstrated a rising trend from approximately 3.28% to a peak of 4.41% by mid-2015, before slightly decreasing to around 3.86% towards the beginning of 2016, indicating fluctuating short-term operational liabilities.
Current liabilities
Current liabilities as a whole increased significantly from about 6.13% in early 2011 to reach a peak of 14.23% in mid-2013, followed by a decline to 7.74% by March 2016, reflecting shifts in short-term obligations and possibly refinancing or repayment activities.
Long-term debt, excluding current maturities
This major component accounted for the largest share of liabilities and equity, showing a slight declining trend from over 51% in 2011 to 45.2% by early 2016, indicating gradual debt reduction or changes in capital structure enhancing the equity base.
Deferred income tax liabilities, net
Deferred income tax liabilities increased consistently from about 21.91% in early 2011 to 26.11% in early 2016, showing a growing deferred tax burden or timing differences affecting liabilities.
Other liabilities
These liabilities increased moderately over time from approximately 1.03% to around 2.13%, reflecting an upward trend in miscellaneous long-term obligations.
Noncurrent liabilities
Noncurrent liabilities remained relatively stable around 73–75% of total liabilities and equity, with minor fluctuations throughout the period, indicating consistency in long-term liabilities as a proportion of total funding.
Total liabilities
Total liabilities as a percentage of total liabilities and equity gradually decreased from approximately 81% in 2011 to 81.18% by early 2016, with small fluctuations in between, suggesting a modest shift towards equity financing or asset rebalancing.
Additional paid-in capital
This equity component decreased from around 20.05% in early 2011 to approximately 15.25% by 2016, indicating possible capital repurchases or reduced equity infusions over time.
Retained earnings (accumulated deficit)
Retained earnings improved significantly from a slight deficit position (around -0.30%) in early 2011 to a positive 4.43% by early 2016, reflecting increased profitability or earnings retention over the period.
Accumulated other comprehensive income (loss), net
This component remained negative across the periods but reduced in magnitude at times, showing net losses in comprehensive income fluctuating from -0.64% to around -0.87%, with some variability suggesting changes in unrealized gains or losses.
Total shareholders’ equity
Overall equity increased from approximately 19.14% of total liabilities and equity in early 2011 to 18.82% in early 2016, peaking in between at 18.26% towards the end of 2015, indicating a relatively stable but slightly rising equity base in relation to liabilities.