Charter Communications Inc (CHTR)

Current ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Total current assets	US$ in thousands	4,132,000	4,116,000	3,929,000	4,067,000	4,017,000	3,754,000	3,738,000	5,516,000	3,566,000	3,498,000	4,682,000	3,663,000	3,909,000	4,060,000	4,765,000	5,759,000	6,471,000	3,388,000	3,340,000	3,751,000
Total current liabilities	US$ in thousands	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	12,385,000	11,982,000	9,875,000	11,950,000
Current ratio		0.31	0.33	0.33	0.33	0.33	0.32	0.33	0.40	0.29	0.29	0.47	0.37	0.40	0.40	0.52	0.44	0.52	0.28	0.34	0.31

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 remained relatively stable over the past eight quarters, ranging from 0.31 to 0.40. A current ratio below 1 typically indicates a company may have difficulty meeting its short-term financial obligations with its current assets.

The ratios reported for Charter Communications Inc. indicate that the company may have some liquidity concerns as the current ratio has consistently been below the ideal threshold of 1. However, it is important to note that this ratio should be evaluated in conjunction with other financial metrics to get a comprehensive view of the company's financial health.

Given the trend of the current ratio hovering around 0.3 to 0.4, it suggests that Charter Communications Inc. may need to monitor its short-term liquidity position and ensure it has enough current assets to cover its current liabilities. It could be beneficial for the company to explore ways to improve its liquidity position, such as managing its working capital more effectively or increasing its current assets.