Charter Communications Inc (CHTR)

Debt-to-assets ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Long-term debt	US$ in thousands	95,777,000	96,093,000	88,564,000	81,744,000	75,578,000
Total assets	US$ in thousands	147,193,000	144,523,000	142,491,000	144,206,000	148,188,000
Debt-to-assets ratio		0.65	0.66	0.62	0.57	0.51

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $95,777,000K ÷ $147,193,000K
= 0.65

The debt-to-assets ratio of Charter Communications Inc. has exhibited an increasing trend over the past five years. The ratio has risen from 0.53 in 2019 to 0.66 in 2023. This indicates that the company's reliance on debt financing in relation to its total assets has grown over the period under review.

In 2021, there was a slight decrease in the ratio to 0.64 compared to the previous year, but this was followed by an increase in the subsequent years. The ratios for 2022 and 2023 stand at 0.68 and 0.66, respectively, reflecting a higher proportion of debt in Charter Communications' capital structure compared to prior years.

A higher debt-to-assets ratio may suggest that the company is taking on more debt relative to its asset base, potentially indicating increased financial risk and leverage. This could be due to strategic decisions to fund expansions, acquisitions, or investments through debt financing. It also implies that a significant portion of the company's assets are financed by debt, which can lead to higher interest obligations and financial vulnerability if not well managed.

Overall, the increasing trend in Charter Communications Inc.'s debt-to-assets ratio underscores the importance of monitoring the company's debt levels and assessing its ability to service and repay debt obligations in the long term.