Charter Other Stockholder Equity vs Other Current Assets Analysis
CHTR Stock | USD 388.27 4.43 1.15% |
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 Other Stockholder Equity and its Other Current Assets 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.
Other Stockholder Equity vs Other Current Assets
Other Stockholder Equity vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Charter Communications Other Stockholder Equity account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Charter Communications' Other Stockholder Equity and Other Current Assets is 0.72. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Assets 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' Other Stockholder Equity and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Charter Communications are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Stockholder Equity i.e., Charter Communications' Other Stockholder Equity and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Stockholder Equity
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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 11/25/2024, 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 Expense | 4.0B | 4.6B | 5.2B | 5.4B | Depreciation And Amortization | 9.3B | 8.9B | 8.7B | 9.1B |
Charter Communications fundamental ratios Correlations
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Charter Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Charter Communications fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 148.2B | 144.2B | 142.5B | 144.5B | 147.2B | 154.6B | |
Short Long Term Debt Total | 80.3B | 82.8B | 91.6B | 97.6B | 97.8B | 102.7B | |
Other Current Liab | 7.4B | 12.4B | 13.5B | 8.1B | 9.1B | 9.5B | |
Total Current Liabilities | 12.4B | 9.9B | 12.5B | 12.1B | 13.2B | 13.9B | |
Total Stockholder Equity | 31.4B | 23.8B | 14.1B | 9.1B | 11.1B | 7.8B | |
Property Plant And Equipment Net | 35.7B | 34.4B | 34.3B | 36.0B | 39.5B | 41.5B | |
Net Debt | 76.8B | 81.8B | 91.0B | 97.0B | 97.1B | 101.9B | |
Retained Earnings | 40M | (5.2B) | (12.7B) | (14.8B) | (12.3B) | (11.6B) | |
Accounts Payable | 786M | 763M | 724M | 952M | 931M | 528.7M | |
Cash | 3.5B | 998M | 601M | 645M | 709M | 523.9M | |
Non Current Assets Total | 141.7B | 140.3B | 138.9B | 140.5B | 143.1B | 150.2B | |
Non Currrent Assets Other | 1.7B | 3.5B | 3.6B | (15.4B) | 54.1B | 56.8B | |
Cash And Short Term Investments | 3.5B | 998M | 601M | 645M | 709M | 523.9M | |
Net Receivables | 2.2B | 2.2B | 2.6B | 2.9B | 3.0B | 3.1B | |
Common Stock Shares Outstanding | 223.8M | 209.3M | 193.0M | 164.4M | 152.0M | 163.0M | |
Liabilities And Stockholders Equity | 148.2B | 144.2B | 142.5B | 144.5B | 147.2B | 154.6B | |
Non Current Liabilities Total | 97.0B | 104.1B | 111.9B | 119.9B | 119.3B | 125.2B | |
Other Current Assets | 761M | 1.1B | 772M | 451M | 458M | 244.5M | |
Other Stockholder Equity | 31.4B | 29B | 26.7B | 23.9B | 23.3B | 12.8B | |
Total Liab | 109.4B | 113.9B | 124.3B | 132.0B | 132.5B | 139.1B | |
Property Plant And Equipment Gross | 35.7B | 34.4B | 34.3B | 72.2B | 77.3B | 81.1B | |
Total Current Assets | 6.5B | 3.9B | 3.6B | 4.0B | 4.1B | 4.3B | |
Accumulated Other Comprehensive Income | (1M) | (2M) | (27.7B) | (31.6B) | (28.5B) | (27.1B) | |
Short Term Debt | 3.7B | 1.2B | 3.3B | 1.8B | 2B | 1.9B | |
Intangible Assets | 74.8B | 72.9B | 71.4B | 70.1B | 69.1B | 72.6B | |
Other Liab | 20.4B | 22.3B | 23.3B | 22.7B | 26.1B | 27.5B | |
Other Assets | 933M | 76.4B | 3.6B | 1.6B | 1.8B | 1.7B | |
Long Term Debt | 75.6B | 81.7B | 88.6B | 96.1B | 95.8B | 100.6B | |
Property Plant Equipment | 34.6B | 34.4B | 34.3B | 36.0B | 41.4B | 43.5B | |
Net Tangible Assets | (71.9B) | (78.7B) | (86.9B) | (90.6B) | (81.5B) | (77.4B) | |
Noncontrolling Interest In Consolidated Entity | 7.4B | 6.5B | 4.1B | 3.4B | 3.9B | 4.4B | |
Retained Earnings Total Equity | 40M | (5.2B) | (12.7B) | (14.8B) | (13.3B) | (12.7B) | |
Long Term Debt Total | 75.6B | 81.7B | 88.6B | 96.1B | 110.5B | 58.3B | |
Capital Surpluse | 31.4B | 29B | 26.7B | 23.9B | 27.5B | 20.9B | |
Deferred Long Term Liab | 17.7B | 18.1B | 19.1B | 19.1B | 21.9B | 13.0B |
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 together with Charter Stock
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.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.