Charter Communications Inc (CHTR)
Solvency ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.61 | 0.63 | 0.65 | 0.66 | 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 |
| Debt-to-capital ratio | 0.86 | 0.87 | 0.88 | 0.89 | 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 |
| Debt-to-equity ratio | 5.91 | 6.63 | 7.51 | 8.25 | 8.64 | 8.63 | 9.18 | 10.19 | 10.54 | 10.74 | 9.56 | 7.52 | 6.30 | 5.01 | 4.50 | 3.99 | 3.43 | 2.90 | 2.65 | 2.52 |
| Financial leverage ratio | 9.62 | 10.59 | 11.54 | 12.47 | 13.28 | 13.22 | 13.92 | 15.38 | 15.85 | 16.16 | 14.50 | 11.94 | 10.14 | 8.37 | 7.45 | 6.83 | 6.06 | 5.36 | 4.94 | 4.95 |
Charter Communications Inc's solvency ratios show a trend of increasing leverage over the period from March 2020 to December 2024.
The Debt-to-assets ratio has been steadily increasing from 0.51 in March 2020 to 0.61 in December 2024, indicating that Charter Communications Inc's proportion of debt to total assets has been growing.
Similarly, the Debt-to-capital ratio has also shown a gradual increase, reaching 0.86 by December 2024 from 0.72 in March 2020. This suggests that Charter Communications Inc's reliance on debt to finance its operations relative to its total capital has been on the rise.
The Debt-to-equity ratio has exhibited a significant upward trend, climbing from 2.52 in March 2020 to 5.91 by December 2024. This signifies that Charter Communications Inc's debt levels in relation to its equity have substantially increased over the years.
The Financial leverage ratio has also seen a consistent uptrend, surging from 4.95 in March 2020 to 9.62 by December 2024. This ratio indicates the extent to which the company is using debt to finance its operations and reflects a substantial increase in financial risk over the analyzed period.
Overall, the increasing trend in solvency ratios for Charter Communications Inc suggests a growing reliance on debt financing, which could potentially pose risks to the company's financial stability and creditworthiness in the long term.
Coverage ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 385.82 | 406.12 | 399.59 | 411.74 | 627.95 | 1,541.50 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data for Charter Communications Inc, the interest coverage ratio is a measure of the company's ability to meet its interest obligations on its outstanding debt.
As per the data, the interest coverage ratio wasn't available (indicated by "\u2014") leading up to September 30, 2023. However, from that point onwards, the interest coverage ratio for the company increased significantly.
From September 30, 2023, the interest coverage ratio stood at 1,541.50, indicating a strong ability to cover interest payments from operating income. This was followed by subsequent decreases in the ratio to 627.95 on December 31, 2023, 411.74 on March 31, 2024, 399.59 on June 30, 2024, and 406.12 on September 30, 2024, before slightly improving to 385.82 on December 31, 2024.
Overall, the trend in the interest coverage ratio shows fluctuations, but generally, it seems that the company's operating income is sufficient to cover its interest expenses. It is also important to monitor the trend over time to ensure the company maintains a healthy interest coverage ratio to meet its financial obligations comfortably.