Charter Communications Inc (CHTR)

Current ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Total current assets	US$ in thousands	4,132,000	4,017,000	3,566,000	3,909,000	6,471,000
Total current liabilities	US$ in thousands	13,214,000	12,065,000	12,458,000	9,875,000	12,385,000
Current ratio		0.31	0.33	0.29	0.40	0.52

December 31, 2023 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $4,132,000K ÷ $13,214,000K
= 0.31

The current ratio of Charter Communications Inc. has been declining over the past five years, indicating a weakening short-term liquidity position. As of December 31, 2023, the current ratio stands at 0.31, which is significantly lower than the ratios reported in previous years. This suggests that the company may be facing challenges in meeting its short-term obligations with its current assets.

A current ratio below 1 typically implies that a company may have difficulties in paying off its current liabilities using its current assets alone. In this case, Charter Communications Inc. may need to rely on other sources of financing or asset sales to meet its short-term financial obligations.

It is important for investors and stakeholders to monitor the company's liquidity position closely, as a low current ratio can be a warning sign of potential financial distress. Further analysis of the composition of current assets and liabilities may provide additional insights into the company's ability to manage its short-term financial commitments effectively.