Charter Communications Inc (CHTR)

Liquidity ratios

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
Current ratio 0.31 0.34 0.39 0.40 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
Quick ratio 0.26 0.29 0.34 0.34 1.78 0.28 0.28 0.28 0.30 0.29 0.29 0.36 0.26 11.33 13.96 14.06 14.18 0.33 0.45 0.38
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

Charter Communications Inc's liquidity ratios have fluctuated over the years. The current ratio, which measures the company's ability to meet short-term obligations with its current assets, has generally been low, ranging from 0.29 to 0.52. While there have been some improvements, the ratio remains below 1, indicating potential liquidity concerns.

The quick ratio, a more stringent measure of liquidity that excludes inventory from current assets, has also shown fluctuations. It has varied significantly, with values as high as 14.18 in December 2020 to as low as 0.26 in December 2021 before stabilizing around 0.29 to 0.36 in recent periods. This indicates that the company may face challenges in meeting its short-term obligations without relying on inventory.

The cash ratio, which is the most conservative liquidity measure that considers only cash and cash equivalents, has generally been low for Charter Communications Inc, with values ranging from 0.04 to 13.96. The significant spike in the cash ratio in December 2020 was likely due to a one-time increase in cash or cash equivalents. Since then, the ratio has returned to lower levels, suggesting limited cash resources relative to current liabilities.

Overall, Charter Communications Inc's liquidity ratios highlight a potential need for the company to strengthen its cash position and manage its short-term obligations more effectively to enhance its liquidity position in the future.

See also:

Charter Communications Inc Liquidity Ratios (Quarterly Data)

Additional liquidity measure

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 conversion cycle days -40.94 -34.68 -33.77 -34.92 -40.21 -31.27 -33.13 -34.81 -51.84 -51.57 -41.54 -37.51 -34.39 -29.67 -29.54 -31.58 -34.98 -31.25 -28.11 -29.28

The cash conversion cycle of Charter Communications Inc shows a consistent trend of negative values throughout the provided periods, indicating efficient management of its working capital. The cycle ranges from -28.11 days to -51.84 days, with a noticeable decrease in the most recent periods. This suggests that the company is collecting cash from its receivables, converting inventory into sales, and paying its suppliers at a faster rate, resulting in a shorter cash conversion cycle. The reduction in the duration of the cash conversion cycle signifies improved liquidity and operational efficiency for Charter Communications Inc.