Charter Communications Inc (CHTR)

Interest coverage

		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
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	12,559,000	12,332,000	12,130,000	12,117,000	11,962,000	11,878,000	11,881,000	11,229,000	10,526,000	10,032,000	9,277,000	8,671,000	8,405,000	7,902,000	7,316,000	6,888,000	6,511,000	5,991,000	5,785,000	5,604,000
Interest expense (ttm)	US$ in thousands	20,000	8,000	-6,000	-17,000	-17,000	-15,000	-15,000	-19,000	-23,000	-30,000	-35,000	-36,000	-41,000	-47,000	-36,000	-25,000	-68,000	-117,000	-183,000	-273,000
Interest coverage		627.95	1,541.50	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $12,559,000K ÷ $20,000K
= 627.95

Charter Communications Inc.'s interest coverage ratio has slightly declined over the past few quarters, indicating a decreasing ability to cover interest expenses with operating income. However, the ratios have remained above 2.0 in all quarters, suggesting that the company is generating enough earnings to comfortably meet its interest obligations. Despite the decline, the interest coverage ratios indicate that Charter Communications Inc. has a relatively good financial health and is able to manage its debt payments effectively. It would be important to continue monitoring this trend to ensure the company's ability to sustain its interest payments in the long term.