Stock Analysis on Net
Stock Analysis on Net

Charter Communications Inc. (NASDAQ:CHTR)

This company has been moved to the archive! The financial data has not been updated since February 2, 2024.

Adjusted Financial Ratios

Microsoft Excel

Adjusted Financial Ratios (Summary)

Charter Communications Inc., adjusted financial ratios

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Activity Ratio
Total Asset Turnover
Reported 0.37 0.37 0.36 0.33 0.31
Adjusted 0.37 0.37 0.36 0.33 0.31
Liquidity Ratio
Current Ratio
Reported 0.31 0.33 0.29 0.40 0.52
Adjusted 0.35 0.37 0.31 0.43 0.56
Solvency Ratios
Debt to Equity
Reported 8.82 10.70 6.52 3.48 2.51
Adjusted 2.88 3.06 2.45 1.71 1.40
Debt to Capital
Reported 0.90 0.91 0.87 0.78 0.72
Adjusted 0.74 0.75 0.71 0.63 0.58
Financial Leverage
Reported 13.28 15.85 10.14 6.06 4.71
Adjusted 4.28 4.48 3.76 2.94 2.59
Profitability Ratios
Net Profit Margin
Reported 8.35% 9.36% 9.01% 6.70% 3.64%
Adjusted 9.57% 11.19% 11.81% 8.66% 5.03%
Return on Equity (ROE)
Reported 41.11% 55.43% 33.12% 13.53% 5.30%
Adjusted 15.18% 18.70% 16.11% 8.48% 4.03%
Return on Assets (ROA)
Reported 3.10% 3.50% 3.27% 2.23% 1.13%
Adjusted 3.55% 4.18% 4.28% 2.88% 1.55%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Financial ratio Description The company
Adjusted total asset turnover An activity ratio calculated as total revenue divided by adjusted total assets. Charter Communications Inc. adjusted total asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.
Adjusted current ratio A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. Charter Communications Inc. adjusted current ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.
Adjusted debt-to-equity ratio A solvency ratio calculated as adjusted total debt divided by adjusted total equity. Charter Communications Inc. adjusted debt-to-equity ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.
Adjusted debt-to-capital ratio A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. Charter Communications Inc. adjusted debt-to-capital ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.
Adjusted financial leverage A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity.
Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income.		 Charter Communications Inc. adjusted financial leverage ratio increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Adjusted net profit margin An indicator of profitability, calculated as adjusted net income divided by total revenue. Charter Communications Inc. adjusted net profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023.
Adjusted ROE A profitability ratio calculated as adjusted net income divided by adjusted total equity. Charter Communications Inc. adjusted ROE improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023.
Adjusted ROA A profitability ratio calculated as adjusted net income divided by adjusted total assets. Charter Communications Inc. adjusted ROA deteriorated from 2021 to 2022 and from 2022 to 2023.

Charter Communications Inc., Financial Ratios: Reported vs. Adjusted

Adjusted Total Asset Turnover

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Reported
Selected Financial Data (US$ in millions)
Revenues 54,607 54,022 51,682 48,097 45,764
Total assets 147,193 144,523 142,491 144,206 148,188
Activity Ratio
Total asset turnover1 0.37 0.37 0.36 0.33 0.31
Adjusted
Selected Financial Data (US$ in millions)
Adjusted revenues2 54,605 54,072 51,701 48,074 45,730
Adjusted total assets3 147,461 144,742 142,648 144,400 148,339
Activity Ratio
Adjusted total asset turnover4 0.37 0.37 0.36 0.33 0.31

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Total asset turnover = Revenues ÷ Total assets
= 54,607 ÷ 147,193 = 0.37

2 Adjusted revenues. See details »

3 Adjusted total assets. See details »

4 2023 Calculation
Adjusted total asset turnover = Adjusted revenues ÷ Adjusted total assets
= 54,605 ÷ 147,461 = 0.37

Activity ratio Description The company
Adjusted total asset turnover An activity ratio calculated as total revenue divided by adjusted total assets. Charter Communications Inc. adjusted total asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Adjusted Current Ratio

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Reported
Selected Financial Data (US$ in millions)
Current assets 4,132 4,017 3,566 3,906 6,471
Current liabilities 13,214 12,065 12,458 9,875 12,385
Liquidity Ratio
Current ratio1 0.31 0.33 0.29 0.40 0.52
Adjusted
Selected Financial Data (US$ in millions)
Adjusted current assets2 4,400 4,236 3,723 4,100 6,622
Adjusted current liabilities3 12,705 11,554 11,997 9,439 11,925
Liquidity Ratio
Adjusted current ratio4 0.35 0.37 0.31 0.43 0.56

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Current ratio = Current assets ÷ Current liabilities
= 4,132 ÷ 13,214 = 0.31

2 Adjusted current assets. See details »

3 Adjusted current liabilities. See details »

4 2023 Calculation
Adjusted current ratio = Adjusted current assets ÷ Adjusted current liabilities
= 4,400 ÷ 12,705 = 0.35

Liquidity ratio Description The company
Adjusted current ratio A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. Charter Communications Inc. adjusted current ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023.

Adjusted Debt to Equity

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Reported
Selected Financial Data (US$ in millions)
Total debt 97,777 97,603 91,561 82,752 79,078
Total Charter shareholders’ equity 11,086 9,119 14,050 23,805 31,445
Solvency Ratio
Debt to equity1 8.82 10.70 6.52 3.48 2.51
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total debt2 99,195 98,981 93,012 84,097 80,271
Adjusted total shareholders’ equity3 34,449 32,337 37,899 49,054 57,167
Solvency Ratio
Adjusted debt to equity4 2.88 3.06 2.45 1.71 1.40

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Debt to equity = Total debt ÷ Total Charter shareholders’ equity
= 97,777 ÷ 11,086 = 8.82

2 Adjusted total debt. See details »

3 Adjusted total shareholders’ equity. See details »

4 2023 Calculation
Adjusted debt to equity = Adjusted total debt ÷ Adjusted total shareholders’ equity
= 99,195 ÷ 34,449 = 2.88

Solvency ratio Description The company
Adjusted debt-to-equity ratio A solvency ratio calculated as adjusted total debt divided by adjusted total equity. Charter Communications Inc. adjusted debt-to-equity ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.

Adjusted Debt to Capital

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Reported
Selected Financial Data (US$ in millions)
Total debt 97,777 97,603 91,561 82,752 79,078
Total capital 108,863 106,722 105,611 106,557 110,523
Solvency Ratio
Debt to capital1 0.90 0.91 0.87 0.78 0.72
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total debt2 99,195 98,981 93,012 84,097 80,271
Adjusted total capital3 133,644 131,318 130,911 133,151 137,438
Solvency Ratio
Adjusted debt to capital4 0.74 0.75 0.71 0.63 0.58

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Debt to capital = Total debt ÷ Total capital
= 97,777 ÷ 108,863 = 0.90

2 Adjusted total debt. See details »

3 Adjusted total capital. See details »

4 2023 Calculation
Adjusted debt to capital = Adjusted total debt ÷ Adjusted total capital
= 99,195 ÷ 133,644 = 0.74

Solvency ratio Description The company
Adjusted debt-to-capital ratio A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. Charter Communications Inc. adjusted debt-to-capital ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.

Adjusted Financial Leverage

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Reported
Selected Financial Data (US$ in millions)
Total assets 147,193 144,523 142,491 144,206 148,188
Total Charter shareholders’ equity 11,086 9,119 14,050 23,805 31,445
Solvency Ratio
Financial leverage1 13.28 15.85 10.14 6.06 4.71
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total assets2 147,461 144,742 142,648 144,400 148,339
Adjusted total shareholders’ equity3 34,449 32,337 37,899 49,054 57,167
Solvency Ratio
Adjusted financial leverage4 4.28 4.48 3.76 2.94 2.59

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Financial leverage = Total assets ÷ Total Charter shareholders’ equity
= 147,193 ÷ 11,086 = 13.28

2 Adjusted total assets. See details »

3 Adjusted total shareholders’ equity. See details »

4 2023 Calculation
Adjusted financial leverage = Adjusted total assets ÷ Adjusted total shareholders’ equity
= 147,461 ÷ 34,449 = 4.28

Solvency ratio Description The company
Adjusted financial leverage A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity.
Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income.		 Charter Communications Inc. adjusted financial leverage ratio increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.

Adjusted Net Profit Margin

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Reported
Selected Financial Data (US$ in millions)
Net income attributable to Charter shareholders 4,557 5,055 4,654 3,222 1,668
Revenues 54,607 54,022 51,682 48,097 45,764
Profitability Ratio
Net profit margin1 8.35% 9.36% 9.01% 6.70% 3.64%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted consolidated net income2 5,228 6,048 6,105 4,161 2,302
Adjusted revenues3 54,605 54,072 51,701 48,074 45,730
Profitability Ratio
Adjusted net profit margin4 9.57% 11.19% 11.81% 8.66% 5.03%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Net profit margin = 100 × Net income attributable to Charter shareholders ÷ Revenues
= 100 × 4,557 ÷ 54,607 = 8.35%

2 Adjusted consolidated net income. See details »

3 Adjusted revenues. See details »

4 2023 Calculation
Adjusted net profit margin = 100 × Adjusted consolidated net income ÷ Adjusted revenues
= 100 × 5,228 ÷ 54,605 = 9.57%

Profitability ratio Description The company
Adjusted net profit margin An indicator of profitability, calculated as adjusted net income divided by total revenue. Charter Communications Inc. adjusted net profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023.

Adjusted Return on Equity (ROE)

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Reported
Selected Financial Data (US$ in millions)
Net income attributable to Charter shareholders 4,557 5,055 4,654 3,222 1,668
Total Charter shareholders’ equity 11,086 9,119 14,050 23,805 31,445
Profitability Ratio
ROE1 41.11% 55.43% 33.12% 13.53% 5.30%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted consolidated net income2 5,228 6,048 6,105 4,161 2,302
Adjusted total shareholders’ equity3 34,449 32,337 37,899 49,054 57,167
Profitability Ratio
Adjusted ROE4 15.18% 18.70% 16.11% 8.48% 4.03%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
ROE = 100 × Net income attributable to Charter shareholders ÷ Total Charter shareholders’ equity
= 100 × 4,557 ÷ 11,086 = 41.11%

2 Adjusted consolidated net income. See details »

3 Adjusted total shareholders’ equity. See details »

4 2023 Calculation
Adjusted ROE = 100 × Adjusted consolidated net income ÷ Adjusted total shareholders’ equity
= 100 × 5,228 ÷ 34,449 = 15.18%

Profitability ratio Description The company
Adjusted ROE A profitability ratio calculated as adjusted net income divided by adjusted total equity. Charter Communications Inc. adjusted ROE improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023.

Adjusted Return on Assets (ROA)

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Reported
Selected Financial Data (US$ in millions)
Net income attributable to Charter shareholders 4,557 5,055 4,654 3,222 1,668
Total assets 147,193 144,523 142,491 144,206 148,188
Profitability Ratio
ROA1 3.10% 3.50% 3.27% 2.23% 1.13%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted consolidated net income2 5,228 6,048 6,105 4,161 2,302
Adjusted total assets3 147,461 144,742 142,648 144,400 148,339
Profitability Ratio
Adjusted ROA4 3.55% 4.18% 4.28% 2.88% 1.55%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
ROA = 100 × Net income attributable to Charter shareholders ÷ Total assets
= 100 × 4,557 ÷ 147,193 = 3.10%

2 Adjusted consolidated net income. See details »

3 Adjusted total assets. See details »

4 2023 Calculation
Adjusted ROA = 100 × Adjusted consolidated net income ÷ Adjusted total assets
= 100 × 5,228 ÷ 147,461 = 3.55%

Profitability ratio Description The company
Adjusted ROA A profitability ratio calculated as adjusted net income divided by adjusted total assets. Charter Communications Inc. adjusted ROA deteriorated from 2021 to 2022 and from 2022 to 2023.