Charter Communications Inc (CHTR)
Debt-to-capital 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 stockholders’ equity | US$ in thousands | 11,086,000 | 11,098,000 | 10,460,000 | 9,418,000 | 9,119,000 | 8,889,000 | 9,879,000 | 12,060,000 | 14,050,000 | 17,030,000 | 19,342,000 | 20,997,000 | 23,805,000 | 26,906,000 | 29,356,000 | 29,628,000 | 31,445,000 | 32,974,000 | 35,286,000 | 35,734,000 |
Debt-to-capital ratio | 0.90 | 0.90 | 0.90 | 0.91 | 0.91 | 0.91 | 0.91 | 0.88 | 0.86 | 0.83 | 0.82 | 0.80 | 0.77 | 0.74 | 0.73 | 0.72 | 0.71 | 0.68 | 0.67 | 0.66 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $95,777,000K ÷ ($95,777,000K + $11,086,000K)
= 0.90
The debt-to-capital ratio for Charter Communications Inc. has been relatively stable over the past eight quarters, ranging between 0.89 and 0.92. This ratio indicates the proportion of the company's capital structure that is financed by debt. With ratios consistently above 0.9, Charter Communications relies heavily on debt to fund its operations and investments. This suggests that the company may have a higher financial risk due to its significant debt obligations. It is crucial for investors and creditors to monitor this ratio to assess the company's ability to meet its debt obligations and manage its financial leverage effectively.
Peer comparison
Dec 31, 2023