Charter Communications Inc (CHTR)
Debt-to-assets 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 | ||
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Long-term debt | US$ in thousands | 95,777,000 | 95,800,000 | 95,971,000 | 95,973,000 | 96,093,000 | 95,510,000 | 94,468,000 | 90,679,000 | 88,564,000 | 85,376,000 | 86,962,000 | 83,882,000 | 81,744,000 | 77,947,000 | 77,663,000 | 74,787,000 | 75,578,000 | 71,390,000 | 71,784,000 | 70,567,000 |
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 |
Debt-to-assets ratio | 0.65 | 0.65 | 0.66 | 0.66 | 0.66 | 0.66 | 0.66 | 0.63 | 0.62 | 0.60 | 0.60 | 0.58 | 0.57 | 0.54 | 0.54 | 0.51 | 0.51 | 0.49 | 0.49 | 0.48 |
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 for Charter Communications Inc. has remained relatively stable over the past eight quarters, fluctuating within a narrow range of 0.66 to 0.68. This indicates that the company has been able to effectively manage its debt relative to its total assets during this period. A ratio of around 0.67 to 0.68 suggests that approximately 67% to 68% of the company's assets are financed through debt, while the remaining percentage represents equity.
Overall, the consistency in the debt-to-assets ratio reflects Charter Communications Inc.'s ability to maintain a balanced capital structure, utilizing an appropriate mix of debt and equity financing. However, it is important to continue monitoring this ratio to ensure the company's financial health and sustainability over the long term.
Peer comparison
Dec 31, 2023