Charter Communications Inc (CHTR)

Cash ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cash and cash equivalents	US$ in thousands	459,000	721,000	602,000	661,000	709,000	571,000	478,000	534,000	645,000	480,000	483,000	2,431,000	601,000	466,000	1,711,000	772,000	1,001,000	1,283,000	2,097,000	2,908,000
Short-term investments	US$ in thousands	—	29,000	—	—	19,787,000	—	—	—	—	—	—	—	—	135,474,000	135,869,000	136,245,000	136,848,000	—	—	—
Total current liabilities	US$ in thousands	13,486,000	13,160,000	10,726,000	10,926,000	13,214,000	12,625,000	11,975,000	12,242,000	12,065,000	11,595,000	11,395,000	13,929,000	12,458,000	12,237,000	10,038,000	9,916,000	9,875,000	10,256,000	9,142,000	13,215,000
Cash ratio		0.03	0.06	0.06	0.06	1.55	0.05	0.04	0.04	0.05	0.04	0.04	0.17	0.05	11.11	13.71	13.82	13.96	0.13	0.23	0.22

December 31, 2024 calculation

Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($459,000K + $—K) ÷ $13,486,000K
= 0.03

The cash ratio of Charter Communications Inc has shown fluctuations over the years based on the provided data. The cash ratio is a financial metric that measures a company's ability to cover its short-term liabilities with its cash and cash equivalents. A higher cash ratio indicates a better ability to cover short-term obligations.

Looking at the data, we see that the cash ratio for Charter Communications Inc was relatively low in the earlier periods but experienced a significant increase in December 31, 2020, reaching 13.96. This suggests that the company had a substantial amount of cash and cash equivalents compared to its current liabilities at that time.

However, starting from the first quarter of 2021, the cash ratio remained consistently high, hovering between 13.82 to 13.71 up to the third quarter of 2021. Subsequently, there was a notable decrease in the cash ratio in the fourth quarter of 2021, dropping sharply to 0.05, indicating a significant decrease in the company's cash position relative to its short-term liabilities.

The cash ratio continued to fluctuate in the following periods, showing values ranging from 0.04 to 1.55 by the end of December 31, 2023. These fluctuations suggest variability in Charter Communications Inc's cash position and its ability to meet short-term obligations.

Overall, while the cash ratio of Charter Communications Inc has demonstrated fluctuations over the years, it is essential for investors and stakeholders to monitor these changes to assess the company's liquidity position and financial health accurately.