Charter Historical Income Statement
CHTR Stock | USD 388.27 4.43 1.15% |
Historical analysis of Charter Communications income statement accounts such as Interest Expense of 5.4 B, Selling General Administrative of 3.6 B or Total Revenue of 57.3 B can show how well Charter Communications performed in making a profits. Evaluating Charter Communications income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Charter Communications's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Charter Communications latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Charter Communications is a good buy for the upcoming year.
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About Charter Income Statement Analysis
Charter Communications Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Charter Communications shareholders. The income statement also shows Charter investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Charter Communications Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Charter Communications generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Charter Communications minus its cost of goods sold. It is profit before Charter Communications operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Charter Communications. It is also known as Charter Communications overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Charter Communications income statement and is an important metric when analyzing Charter Communications profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Charter Communications' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Charter Communications current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Charter Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Charter Stock, please use our How to Invest in Charter Communications guide.At this time, Charter Communications' EBIT is relatively stable compared to the past year. As of 11/24/2024, EBITDA is likely to grow to about 22 B, while Selling And Marketing Expenses is likely to drop slightly above 2.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.0B | 4.6B | 5.2B | 5.4B | Depreciation And Amortization | 9.3B | 8.9B | 8.7B | 9.1B |
Charter Communications income statement Correlations
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Charter Communications Account Relationship Matchups
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Charter Communications income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 9.7B | 9.7B | 9.3B | 8.9B | 8.7B | 9.1B | |
Interest Expense | 3.8B | 3.8B | 4.0B | 4.6B | 5.2B | 5.4B | |
Selling General Administrative | 315M | 351M | 430M | 254M | 3.4B | 3.6B | |
Total Revenue | 45.8B | 48.1B | 51.7B | 54.0B | 54.6B | 57.3B | |
Gross Profit | 19.9B | 21.5B | 23.7B | 21.1B | 24.9B | 26.1B | |
Other Operating Expenses | 39.3B | 39.7B | 41.2B | 42.1B | 42.0B | 44.2B | |
Operating Income | 6.5B | 8.4B | 10.5B | 12.0B | 12.6B | 13.2B | |
Ebit | 6.5B | 8.4B | 10.4B | 12.0B | 12.3B | 12.9B | |
Ebitda | 16.2B | 18.1B | 19.8B | 20.9B | 21.0B | 22.0B | |
Total Operating Expenses | 13.4B | 13.1B | 13.2B | 9.2B | 12.3B | 12.9B | |
Income Before Tax | 2.4B | 4.3B | 6.4B | 7.5B | 6.9B | 7.2B | |
Total Other Income Expense Net | (4.1B) | (4.1B) | (4.1B) | (4.5B) | (5.7B) | (5.4B) | |
Net Income | 1.7B | 3.2B | 4.7B | 5.1B | 4.6B | 4.8B | |
Income Tax Expense | 439M | 626M | 1.1B | 1.6B | 1.6B | 1.7B | |
Cost Of Revenue | 25.9B | 26.5B | 28.0B | 32.9B | 29.8B | 31.2B | |
Selling And Marketing Expenses | 3.0B | 3.0B | 3.1B | 3.3B | 3.7B | 2.2B | |
Minority Interest | 324M | 454M | 666M | 794M | (722M) | (685.9M) | |
Net Income Applicable To Common Shares | 1.7B | 3.2B | 4.7B | 5.1B | 5.8B | 3.3B | |
Net Income From Continuing Ops | 2.0B | 3.7B | 5.3B | 5.8B | 5.4B | 3.1B | |
Non Operating Income Net Other | (283M) | (255M) | (101M) | 56M | 64.4M | 67.6M | |
Tax Provision | 439M | 626M | 1.1B | 1.6B | 1.6B | 1.7B | |
Net Interest Income | (3.8B) | (3.8B) | (4.0B) | (4.6B) | (5.1B) | (5.4B) | |
Reconciled Depreciation | 9.9B | 9.7B | 9.3B | 8.9B | 8.7B | 7.7B |
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 together with Charter Stock
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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.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.