Charter Communications Inc (CHTR)

Return on assets (ROA)

		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
Net income (ttm)	US$ in thousands	4,557,000	4,695,000	4,625,000	4,873,000	5,055,000	5,469,000	5,501,000	5,050,000	4,654,000	4,290,000	3,887,000	3,633,000	3,222,000	2,690,000	2,263,000	1,811,000	1,668,000	1,250,000	1,356,000	1,315,000
Total assets	US$ in thousands	147,193,000	146,682,000	145,615,000	144,870,000	144,523,000	143,669,000	143,258,000	143,948,000	142,491,000	142,495,000	144,026,000	143,439,000	144,206,000	144,193,000	145,136,000	146,552,000	148,188,000	145,267,000	146,085,000	147,257,000
ROA		3.10%	3.20%	3.18%	3.36%	3.50%	3.81%	3.84%	3.51%	3.27%	3.01%	2.70%	2.53%	2.23%	1.87%	1.56%	1.24%	1.13%	0.86%	0.93%	0.89%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $4,557,000K ÷ $147,193,000K
= 3.10%

Charter Communications Inc.'s return on assets (ROA) has shown a slight decline over the past few quarters, from 3.81% in Q3 2022 to 3.10% in Q4 2023. Despite this decline, the company's ROA has remained relatively stable above 3% throughout the analyzed period. This indicates that Charter Communications Inc. is generating $0.03 to $0.04 in net income for every dollar of assets it holds. Although the downward trend raises some concerns, the company's ability to consistently generate positive returns on its assets demonstrates its efficiency in utilizing its resources to generate profits. Further investigation into the factors influencing this trend may provide valuable insights into the company's operational performance and future prospects.