Charter Communications Stock Z Score

CHTR Stock

USD 383.84 5.28 1.36%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Charter Communications Piotroski F Score and Charter Communications Valuation analysis.

To learn how to invest in Charter Stock, please use our How to Invest in Charter Communications guide.

At this time, Charter Communications' Additional Paid In Capital is relatively stable compared to the past year. As of 11/21/2024, Capital Lease Obligations is likely to grow to about 398.4 M, while Net Invested Capital is likely to drop slightly above 86.5 B. At this time, Charter Communications' EBIT is relatively stable compared to the past year. As of 11/21/2024, EBITDA is likely to grow to about 22 B, while Selling And Marketing Expenses is likely to drop slightly above 2.2 B.

Charter Communications Company Z Score Analysis

Charter Communications' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Charter Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Charter Communications is extremely important. It helps to project a fair market value of Charter Stock properly, considering its historical fundamentals such as Z Score. Since Charter Communications' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Charter Communications' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Charter Communications' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Property Plant Equipment	Good Will	Short Term Investments	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Current Deferred Revenue	Short Long Term Debt	Long Term Investments	Net Invested Capital	Net Working Capital
Total Assets		0.75	0.95	-0.35	0.91	0.91	0.97	0.9	-0.73	0.99	0.75	0.95	0.98	1.0	0.49	-0.74	0.91	0.95	0.95	0.96	-0.91	0.94	-0.32	0.15
Total Stockholder Equity	0.75		0.52	0.32	0.62	0.44	0.59	0.61	-0.59	0.81	0.29	0.51	0.66	0.75	0.53	-0.35	0.55	0.91	0.79	0.68	-0.71	0.86	0.12	0.25
Net Debt	0.95	0.52		-0.6	0.91	0.98	0.99	0.89	-0.64	0.91	0.85	1.0	0.97	0.94	0.42	-0.78	0.94	0.81	0.85	0.94	-0.84	0.82	-0.45	0.09
Retained Earnings	-0.35	0.32	-0.6		-0.44	-0.67	-0.55	-0.4	0.25	-0.27	-0.61	-0.61	-0.44	-0.36	0.11	0.61	-0.54	-0.1	-0.3	-0.42	0.34	-0.13	0.5	0.13
Accounts Payable	0.91	0.62	0.91	-0.44		0.91	0.92	0.86	-0.73	0.9	0.81	0.92	0.91	0.92	0.54	-0.7	0.96	0.85	0.87	0.98	-0.88	0.81	-0.13	0.23
Net Receivables	0.91	0.44	0.98	-0.67	0.91		0.98	0.9	-0.7	0.88	0.88	0.98	0.96	0.92	0.39	-0.8	0.92	0.76	0.82	0.92	-0.86	0.77	-0.49	0.09
Total Liab	0.97	0.59	0.99	-0.55	0.92	0.98		0.9	-0.69	0.94	0.83	0.99	0.98	0.97	0.43	-0.79	0.94	0.86	0.9	0.95	-0.88	0.86	-0.43	0.1
Total Current Assets	0.9	0.61	0.89	-0.4	0.86	0.9	0.9		-0.69	0.88	0.8	0.89	0.9	0.9	0.59	-0.77	0.85	0.82	0.84	0.89	-0.85	0.77	-0.31	0.39
Short Term Debt	-0.73	-0.59	-0.64	0.25	-0.73	-0.7	-0.69	-0.69		-0.78	-0.59	-0.68	-0.76	-0.78	-0.38	0.58	-0.65	-0.75	-0.75	-0.76	0.88	-0.75	0.25	-0.13
Intangible Assets	0.99	0.81	0.91	-0.27	0.9	0.88	0.94	0.88	-0.78		0.71	0.9	0.97	0.99	0.5	-0.71	0.88	0.98	0.96	0.95	-0.94	0.97	-0.27	0.16
Common Stock	0.75	0.29	0.85	-0.61	0.81	0.88	0.83	0.8	-0.59	0.71		0.86	0.81	0.76	0.64	-0.5	0.8	0.58	0.63	0.83	-0.71	0.57	-0.45	0.13
Long Term Debt	0.95	0.51	1.0	-0.61	0.92	0.98	0.99	0.89	-0.68	0.9	0.86		0.97	0.94	0.41	-0.79	0.94	0.81	0.85	0.94	-0.84	0.81	-0.46	0.09
Property Plant Equipment	0.98	0.66	0.97	-0.44	0.91	0.96	0.98	0.9	-0.76	0.97	0.81	0.97		0.99	0.45	-0.74	0.91	0.9	0.91	0.95	-0.92	0.92	-0.42	0.07
Good Will	1.0	0.75	0.94	-0.36	0.92	0.92	0.97	0.9	-0.78	0.99	0.76	0.94	0.99		0.5	-0.74	0.9	0.95	0.95	0.97	-0.94	0.94	-0.33	0.15
Short Term Investments	0.49	0.53	0.42	0.11	0.54	0.39	0.43	0.59	-0.38	0.5	0.64	0.41	0.45	0.5		-0.07	0.44	0.51	0.41	0.56	-0.46	0.39	0.06	0.6
Net Tangible Assets	-0.74	-0.35	-0.78	0.61	-0.7	-0.8	-0.79	-0.77	0.58	-0.71	-0.5	-0.79	-0.74	-0.74	-0.07		-0.76	-0.63	-0.73	-0.68	0.7	-0.6	0.34	-0.3
Long Term Debt Total	0.91	0.55	0.94	-0.54	0.96	0.92	0.94	0.85	-0.65	0.88	0.8	0.94	0.91	0.9	0.44	-0.76		0.83	0.89	0.96	-0.81	0.78	-0.14	0.17
Capital Surpluse	0.95	0.91	0.81	-0.1	0.85	0.76	0.86	0.82	-0.75	0.98	0.58	0.81	0.9	0.95	0.51	-0.63	0.83		0.96	0.91	-0.9	0.97	-0.1	0.19
Deferred Long Term Liab	0.95	0.79	0.85	-0.3	0.87	0.82	0.9	0.84	-0.75	0.96	0.63	0.85	0.91	0.95	0.41	-0.73	0.89	0.96		0.92	-0.9	0.93	-0.11	0.15
Current Deferred Revenue	0.96	0.68	0.94	-0.42	0.98	0.92	0.95	0.89	-0.76	0.95	0.83	0.94	0.95	0.97	0.56	-0.68	0.96	0.91	0.92		-0.91	0.87	-0.19	0.17
Short Long Term Debt	-0.91	-0.71	-0.84	0.34	-0.88	-0.86	-0.88	-0.85	0.88	-0.94	-0.71	-0.84	-0.92	-0.94	-0.46	0.7	-0.81	-0.9	-0.9	-0.91		-0.89	0.3	-0.16
Long Term Investments	0.94	0.86	0.82	-0.13	0.81	0.77	0.86	0.77	-0.75	0.97	0.57	0.81	0.92	0.94	0.39	-0.6	0.78	0.97	0.93	0.87	-0.89		-0.27	-0.01
Net Invested Capital	-0.32	0.12	-0.45	0.5	-0.13	-0.49	-0.43	-0.31	0.25	-0.27	-0.45	-0.46	-0.42	-0.33	0.06	0.34	-0.14	-0.1	-0.11	-0.19	0.3	-0.27		0.3
Net Working Capital	0.15	0.25	0.09	0.13	0.23	0.09	0.1	0.39	-0.13	0.16	0.13	0.09	0.07	0.15	0.6	-0.3	0.17	0.19	0.15	0.17	-0.16	-0.01	0.3

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Charter Communications

In accordance with the company's disclosures, Charter Communications has a Z Score of 0.0. This is 100.0% lower than that of the Media sector and 100.0% lower than that of the Communication Services industry. The z score for all United States stocks is 100.0% higher than that of the company.

Charter Communications Current Valuation Drivers

We derive many important indicators used in calculating different scores of Charter Communications from analyzing Charter Communications' financial statements. These drivers represent accounts that assess Charter Communications' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Charter Communications' important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	106.5B	134.5B	119.7B	54.8B	58.0B	42.8B
Enterprise Value	183.3B	216.3B	210.7B	151.7B	155.1B	85.9B

Charter Communications ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Charter Communications' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Charter Communications' managers, analysts, and investors.

Environmental

Governance

Social

Charter Communications Institutional Holders

Institutional Holdings refers to the ownership stake in Charter Communications that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Charter Communications' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Charter Communications' value.

		Shares
Veritas Asset Management Llp	2024-09-30	2 M
Jpmorgan Chase & Co	2024-06-30	1.8 M
Amvescap Plc.	2024-06-30	1.8 M
Eagle Capital Management Llc	2024-09-30	1.6 M
Ubs Group Ag	2024-06-30	1.2 M
Citadel Advisors Llc	2024-06-30	1.2 M
Capital World Investors	2024-09-30	1.1 M
Fmr Inc	2024-09-30	1.1 M
Barclays Plc	2024-06-30	1.1 M
Dodge & Cox	2024-09-30	11.6 M
Capital Research & Mgmt Co - Division 3	2024-09-30	9.9 M

Charter Fundamentals

	Return On Equity	0.33
	Return On Asset	0.0541
	Profit Margin	0.09 %
	Operating Margin	0.24 %
	Current Valuation	150.92 B
	Shares Outstanding	142.18 M
	Shares Owned By Insiders	36.67 %
	Shares Owned By Institutions	72.16 %
	Number Of Shares Shorted	12.45 M
	Price To Earning	12.50 X
	Price To Book	3.92 X
	Price To Sales	1.01 X
	Revenue	54.61 B
	Gross Profit	24.48 B
	EBITDA	20.99 B
	Net Income	5.26 B
	Cash And Equivalents	480 M
	Cash Per Share	3.08 X
	Total Debt	97.78 B
	Debt To Equity	7.88 %
	Current Ratio	0.32 X
	Book Value Per Share	99.15 X
	Cash Flow From Operations	14.43 B
	Short Ratio	12.44 X
	Earnings Per Share	31.91 X
	Price To Earnings To Growth	0.38 X
	Target Price	395.59
	Number Of Employees	101.1 K
	Beta	1.04
	Market Capitalization	55.33 B
	Total Asset	147.19 B
	Retained Earnings	(12.26 B)
	Working Capital	(9.08 B)
	Current Asset	345 M
	Current Liabilities	1.97 B
	Net Asset	147.19 B

About Charter Communications Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Charter Communications's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Charter Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Charter Communications based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Charter Communications

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Charter Communications position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Charter Communications will appreciate offsetting losses from the drop in the long position's value.

Moving against Charter Stock

0.51	DLPN	Dolphin Entertainment	Pair Corr
0.39	ADD	Color Star Technology Downward Rally	Pair Corr
0.35	WIMI	WiMi Hologram Cloud	Pair Corr
0.31	GTN	Gray Television	Pair Corr

The ability to find closely correlated positions to Charter Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Charter Communications when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Charter Communications - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Charter Communications to buy it.

The correlation of Charter Communications is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Charter Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charter Communications moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Charter Communications can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Charter Stock Analysis

When running Charter Communications' price analysis, check to measure Charter Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Charter Communications is operating at the current time. Most of Charter Communications' value examination focuses on studying past and present price action to predict the probability of Charter Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Charter Communications' price. Additionally, you may evaluate how the addition of Charter Communications to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Charter Communications Stock Z Score

Charter Communications Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Charter Z Score Driver Correlations

Charter Communications Current Valuation Drivers

Charter Communications ESG Sustainability

Charter Communications Institutional Holders

Charter Fundamentals

About Charter Communications Fundamental Analysis

Pair Trading with Charter Communications

Moving against Charter Stock

Additional Tools for Charter Stock Analysis

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