Charter Communications Inc (CHTR)

Debt-to-equity 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 stockholders’ equity	US$ in thousands	11,086,000	9,119,000	14,050,000	23,805,000	31,445,000
Debt-to-equity ratio		8.64	10.54	6.30	3.43	2.40

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $95,777,000K ÷ $11,086,000K
= 8.64

Charter Communications Inc.'s debt-to-equity ratio has shown a fluctuating trend over the past five years. The ratio has increased significantly from 2.51 in 2019 to 8.82 in 2023, indicating a substantial rise in the company's financial leverage. This suggests that Charter Communications has been relying more on debt financing relative to equity financing in recent years.

The ratio peaked at 10.70 in 2022, signaling a significant increase in debt compared to equity in that year. However, it decreased slightly to 8.82 in 2023, possibly due to a combination of factors such as changes in the company's capital structure or debt repayment.

Overall, the upward trend in the debt-to-equity ratio indicates that Charter Communications has been increasingly leveraging its operations through debt. It is important for investors and stakeholders to monitor this ratio closely to assess the company's risk exposure, financial stability, and ability to meet its debt obligations in the future.