Charter Z Score


USD 481.22  0.30  0.06%   

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. Continue to Charter Communicatio Piotroski F Score and Charter Communicatio Valuation analysis.
As of 07/06/2022, Capital Expenditure is likely to drop to about (8.2 B). In addition to that, Return on Invested Capital is likely to drop to 0.0474. Charter Communicatio Weighted Average Shares Diluted is relatively stable at the moment as compared to the past year. Charter Communicatio reported last year Weighted Average Shares Diluted of 193.04 Million. As of 07/06/2022, Income Tax Expense is likely to grow to about 1.2 B, while Interest Expense is likely to drop slightly above 3.5 B.

Charter Z Score Analysis

Charter Communicatio's 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..
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity2.43.436.36.47
Interest Coverage1.732.182.632.84
Z Score 
Sum Of  
5 Factors 
More About Z Score | All Equity Analysis

Current Charter Communicatio Z Score

Most of Charter Communicatio's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Charter Communicatio is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
1.2 * (
Working Capital
Total Assets )
Second Factor
1.4 * (
Retained Earnings
Total Assets )
Thrid Factor
3.3 * (
Total Assets )
Fouth Factor
0.6 * (
Market Value of Equity
Total Liabilities )
Fifth Factor
0.99 * (
Total Assets )

Charter Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Charter Communicatio is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Charter Communicatio's 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 Communicatio's 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 Communicatio's interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score 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 high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

In accordance with the company's disclosures, Charter Communicatio has a Z Score of 1.0. This is 152.08% lower than that of the Communication Services sector and significantly higher than that of the Entertainment industry. The z score for all United States stocks is 88.53% higher than that of the company.

Charter Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Charter Communicatio's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Charter Communicatio could also be used in its relative valuation, which is a method of valuing Charter Communicatio by comparing valuation metrics of similar companies.
Charter Communicatio is currently under evaluation in z score category among related companies.

Charter Communicatio Current Valuation Drivers

We derive many important indicators used in calculating different scores of Charter Communicatio from analyzing Charter Communicatio's financial statements. These drivers represent accounts that assess Charter Communicatio's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Charter Communicatio's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee104.38 K12.55 K17.54 K33.44 K49.67 K53.59 K
Revenue Per Employee438.62 K445.25 K481.22 K499.12 K551.57 K473.03 K
Average Assets147.81 B146.15 B146.7 B145.02 B143.11 B125.22 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA14.49 B15.27 B15.83 B17.4 B19.1 B15.63 B
Earnings Before Interest Taxes and Depreciation Amortization USD14.49 B15.27 B15.83 B17.4 B19.1 B15.63 B
Earnings before Tax808 M1.41 B2.11 B3.85 B5.72 B6.17 B
Average Equity37.17 B37.4 B33.86 B27.42 B17.85 B19.14 B
Enterprise Value149.49 B137.05 B179.69 B210.6 B204.8 B168.55 B
Free Cash Flow4.09 B2.17 B4.61 B6.61 B8.68 B9.37 B
Invested Capital163.64 B166.98 B174.32 B180.91 B187.37 B161.18 B
Invested Capital Average160.07 B165.17 B171.98 B176.86 B185.09 B156.96 B
Market Capitalization83.52 B65.23 B104.19 B132.23 B116.89 B95.57 B
Tangible Asset Value105.12 B107.01 B111.18 B109.04 B108.87 B96.59 B
Working Capital(8.54 B)(9.37 B)(5.91 B)(5.97 B)(8.89 B)(9.13 B)

Charter Communicatio 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 Communicatio's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Charter Communicatio's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Charter Fundamentals

About Charter Communicatio Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Charter Communicatio's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Charter Communicatio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Charter Communicatio 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.
Charter Communications, Inc. operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company was founded in 1993 and is headquartered in Stamford, Connecticut. Charter Communicatio operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. It employs 93700 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Charter Communicatio without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Charter Communicatio

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 Communicatio 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 Communicatio will appreciate offsetting losses from the drop in the long position's value.

Charter Communicatio Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Charter Communicatio 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 Communicatio 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 Communicatio - 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 Communicatio to buy it.
The correlation of Charter Communicatio is a statistical measure of how it moves in relation to other equities. 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 Communicatio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charter Communicatio 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 Communicatio 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
Continue to Charter Communicatio Piotroski F Score and Charter Communicatio Valuation analysis. Note that the Charter Communicatio information on this page should be used as a complementary analysis to other Charter Communicatio's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Charter Communicatio price analysis, check to measure Charter Communicatio's 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 Communicatio is operating at the current time. Most of Charter Communicatio's value examination focuses on studying past and present price action to predict the probability of Charter Communicatio's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Charter Communicatio's price. Additionally, you may evaluate how the addition of Charter Communicatio to your portfolios can decrease your overall portfolio volatility.
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Is Charter Communicatio's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Charter Communicatio. If investors know Charter will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Charter Communicatio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
Market Capitalization
80.7 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of Charter Communicatio is measured differently than its book value, which is the value of Charter that is recorded on the company's balance sheet. Investors also form their own opinion of Charter Communicatio's value that differs from its market value or its book value, called intrinsic value, which is Charter Communicatio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Charter Communicatio's market value can be influenced by many factors that don't directly affect Charter Communicatio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Charter Communicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine Charter Communicatio value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Charter Communicatio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.