Charter Communications Inc (CHTR)

Quick 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
Cash	US$ in thousands	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	3,483,000	508,000	696,000	1,451,000
Short-term investments	US$ in thousands	19,787,000	—	—	—	—	—	—	—	—	135,474,000	135,869,000	136,245,000	136,848,000	—	—	—	—	—	—	—
Receivables	US$ in thousands	2,965,000	2,932,000	2,864,000	2,851,000	2,921,000	2,841,000	2,779,000	2,530,000	2,579,000	2,645,000	2,583,000	2,395,000	2,201,000	2,068,000	1,994,000	2,091,000	2,227,000	2,284,000	2,070,000	1,578,000
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
Quick ratio		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	0.46	0.23	0.28	0.25

December 31, 2023 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($709,000K + $19,787,000K + $2,965,000K) ÷ $13,214,000K
= 1.78

The quick ratio of Charter Communications Inc. has been relatively stable over the past eight quarters, ranging from 0.31 to 0.40. The quick ratio measures the company's ability to meet its short-term liabilities with its most liquid assets.

With a range of 0.31 to 0.40, Charter Communications Inc. seems to have a relatively low level of quick assets compared to its current liabilities. A quick ratio below 1 indicates that the company may have difficulty paying off its short-term obligations without selling inventory or obtaining additional financing.

While the quick ratio has not shown significant improvement or deterioration over the quarters analyzed, it is crucial for investors and stakeholders to monitor this ratio closely. A sustained trend of a low quick ratio may indicate liquidity issues that could potentially impact the company's financial health and ability to meet its obligations in the short term.

Overall, Charter Communications Inc. should continue to focus on managing its liquidity effectively to ensure it can meet its short-term financial obligations and maintain the confidence of investors and creditors.