Charter Non Operating Income Net Other vs Income Tax Expense Analysis

CHTR Stock  USD 389.81  0.48  0.12%   
Charter Communications financial indicator trend analysis is way more than just evaluating Charter Communications prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Charter Communications is a good investment. Please check the relationship between Charter Communications Non Operating Income Net Other and its Income Tax Expense accounts. 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.

Non Operating Income Net Other vs Income Tax Expense

Non Operating Income Net Other vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Charter Communications Non Operating Income Net Other account and Income Tax Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between Charter Communications' Non Operating Income Net Other and Income Tax Expense is 0.26. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Charter Communications, assuming nothing else is changed. The correlation between historical values of Charter Communications' Non Operating Income Net Other and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Charter Communications are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Non Operating Income Net Other i.e., Charter Communications' Non Operating Income Net Other and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Operating Income Net Other

Income Tax Expense

Most indicators from Charter Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Selling General Administrative is relatively stable compared to the past year. As of 11/28/2024, Tax Provision is likely to grow to about 1.7 B, though Sales General And Administrative To Revenue is likely to grow to (0.01).
 2021 2022 2023 2024 (projected)
Interest Expense4.0B4.6B5.2B5.4B
Depreciation And Amortization9.3B8.9B8.7B9.1B

Charter Communications fundamental ratios Correlations

0.880.910.980.750.990.95-0.350.910.61.0-0.230.60.910.710.970.740.910.970.810.9-0.730.990.750.980.13
0.880.850.890.450.890.96-0.580.830.430.880.020.430.910.420.940.650.670.940.840.81-0.460.820.790.840.21
0.910.850.910.570.910.92-0.520.860.440.91-0.170.440.90.590.930.860.780.930.720.82-0.680.890.790.890.33
0.980.890.910.660.990.97-0.440.930.570.98-0.260.570.960.640.980.70.840.980.860.91-0.730.960.830.960.03
0.750.450.570.660.680.520.320.620.640.76-0.140.640.440.880.570.550.930.590.290.61-0.590.810.290.70.07
0.990.890.910.990.680.97-0.420.920.570.99-0.260.570.950.630.980.720.860.980.860.91-0.720.970.80.970.1
0.950.960.920.970.520.97-0.60.910.470.95-0.20.470.980.511.00.710.750.990.90.89-0.640.910.850.930.16
-0.35-0.58-0.52-0.440.32-0.42-0.6-0.440.06-0.350.250.06-0.670.22-0.56-0.32-0.02-0.55-0.69-0.40.25-0.27-0.61-0.42-0.07
0.910.830.860.930.620.920.91-0.440.540.91-0.380.540.910.640.920.770.830.920.790.86-0.730.90.810.860.14
0.60.430.440.570.640.570.470.060.540.59-0.141.00.470.530.510.620.650.520.310.81-0.450.610.420.560.04
1.00.880.910.980.760.990.95-0.350.910.59-0.220.590.910.710.970.730.910.970.80.9-0.730.990.750.980.13
-0.230.02-0.17-0.26-0.14-0.26-0.20.25-0.38-0.14-0.22-0.14-0.32-0.22-0.23-0.17-0.26-0.23-0.33-0.270.56-0.29-0.23-0.260.26
0.60.430.440.570.640.570.470.060.541.00.59-0.140.470.530.510.620.650.520.310.81-0.450.610.420.560.04
0.910.910.90.960.440.950.98-0.670.910.470.91-0.320.470.460.980.70.690.980.930.9-0.70.880.880.910.1
0.710.420.590.640.880.630.510.220.640.530.71-0.220.530.460.560.510.840.570.310.57-0.780.770.310.670.06
0.970.940.930.980.570.981.0-0.560.920.510.97-0.230.510.980.560.720.791.00.890.9-0.680.940.830.960.15
0.740.650.860.70.550.720.71-0.320.770.620.73-0.170.620.70.510.720.720.720.440.78-0.570.730.720.680.56
0.910.670.780.840.930.860.75-0.020.830.650.91-0.260.650.690.840.790.720.80.530.78-0.70.940.510.870.11
0.970.940.930.980.590.980.99-0.550.920.520.97-0.230.520.980.571.00.720.80.890.9-0.690.940.830.960.14
0.810.840.720.860.290.860.9-0.690.790.310.8-0.330.310.930.310.890.440.530.890.77-0.610.760.790.83-0.04
0.90.810.820.910.610.910.89-0.40.860.810.9-0.270.810.90.570.90.780.780.90.77-0.690.880.80.880.11
-0.73-0.46-0.68-0.73-0.59-0.72-0.640.25-0.73-0.45-0.730.56-0.45-0.7-0.78-0.68-0.57-0.7-0.69-0.61-0.69-0.78-0.59-0.77-0.01
0.990.820.890.960.810.970.91-0.270.90.610.99-0.290.610.880.770.940.730.940.940.760.88-0.780.710.970.11
0.750.790.790.830.290.80.85-0.610.810.420.75-0.230.420.880.310.830.720.510.830.790.8-0.590.710.730.19
0.980.840.890.960.70.970.93-0.420.860.560.98-0.260.560.910.670.960.680.870.960.830.88-0.770.970.730.1
0.130.210.330.030.070.10.16-0.070.140.040.130.260.040.10.060.150.560.110.14-0.040.11-0.010.110.190.1
Click cells to compare fundamentals

Charter Communications Account Relationship Matchups

Charter Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets148.2B144.2B142.5B144.5B147.2B154.6B
Short Long Term Debt Total80.3B82.8B91.6B97.6B97.8B102.7B
Other Current Liab7.4B12.4B13.5B8.1B9.1B9.5B
Total Current Liabilities12.4B9.9B12.5B12.1B13.2B13.9B
Total Stockholder Equity31.4B23.8B14.1B9.1B11.1B7.8B
Property Plant And Equipment Net35.7B34.4B34.3B36.0B39.5B41.5B
Net Debt76.8B81.8B91.0B97.0B97.1B101.9B
Retained Earnings40M(5.2B)(12.7B)(14.8B)(12.3B)(11.6B)
Accounts Payable786M763M724M952M931M528.7M
Cash3.5B998M601M645M709M523.9M
Non Current Assets Total141.7B140.3B138.9B140.5B143.1B150.2B
Non Currrent Assets Other1.7B3.5B3.6B(15.4B)3.9B4.1B
Cash And Short Term Investments3.5B998M601M645M709M523.9M
Net Receivables2.2B2.2B2.6B2.9B3.0B3.1B
Common Stock Shares Outstanding223.8M209.3M193.0M164.4M152.0M163.0M
Liabilities And Stockholders Equity148.2B144.2B142.5B144.5B147.2B154.6B
Non Current Liabilities Total97.0B104.1B111.9B119.9B119.3B125.2B
Other Current Assets761M1.1B772M451M458M244.5M
Other Stockholder Equity31.4B29B26.7B23.9B23.3B12.8B
Total Liab109.4B113.9B124.3B132.0B132.5B139.1B
Property Plant And Equipment Gross35.7B34.4B34.3B72.2B77.3B81.1B
Total Current Assets6.5B3.9B3.6B4.0B4.1B4.3B
Accumulated Other Comprehensive Income(1M)(2M)(27.7B)(31.6B)(28.5B)(27.1B)
Short Term Debt3.7B1.2B3.3B1.8B2B1.9B
Intangible Assets74.8B72.9B71.4B70.1B69.1B72.6B
Other Liab20.4B22.3B23.3B22.7B26.1B27.5B
Other Assets933M76.4B3.6B1.6B1.8B1.7B
Long Term Debt75.6B81.7B88.6B96.1B95.8B100.6B
Property Plant Equipment34.6B34.4B34.3B36.0B41.4B43.5B
Net Tangible Assets(71.9B)(78.7B)(86.9B)(90.6B)(81.5B)(77.4B)
Noncontrolling Interest In Consolidated Entity7.4B6.5B4.1B3.4B3.9B4.4B
Retained Earnings Total Equity40M(5.2B)(12.7B)(14.8B)(13.3B)(12.7B)
Long Term Debt Total75.6B81.7B88.6B96.1B110.5B58.3B
Capital Surpluse31.4B29B26.7B23.9B27.5B20.9B
Deferred Long Term Liab17.7B18.1B19.1B19.1B21.9B13.0B

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

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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.
Pair CorrelationCorrelation 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.