Charter Property Plant Equipment vs Total Assets Analysis

CHTR Stock  USD 254.61  4.49  1.73%   
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 Property Plant Equipment and its Total 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 tightly coupled 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.

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Charter Communications Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Charter Communications' Property Plant Equipment and Total Assets is 0.98. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total 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' Property Plant Equipment and Total 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 Property Plant Equipment of Charter Communications are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., Charter Communications' Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Total Assets

Total assets refers to the total amount of Charter Communications assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Charter Communications books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 tightly coupled 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.As of 04/28/2024, Tax Provision is likely to grow to about 1.7 B, while Selling General Administrative is likely to drop slightly above 205.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense4.0B4.6B5.2B5.4B
Depreciation And Amortization9.2B9.0B8.7B9.1B

Charter Communications fundamental ratios Correlations

0.950.970.980.750.990.95-0.350.910.61.0-0.210.60.910.710.970.870.910.970.810.9-0.730.990.750.980.13
0.950.990.970.530.971.0-0.590.920.490.95-0.180.490.980.521.00.850.751.00.90.9-0.650.910.850.930.15
0.970.990.990.610.990.99-0.510.920.490.97-0.250.490.970.60.990.840.80.990.910.89-0.720.950.820.960.09
0.980.970.990.660.990.97-0.440.930.570.98-0.240.570.960.640.980.860.840.980.860.91-0.730.960.830.960.03
0.750.530.610.660.680.520.320.620.640.76-0.150.640.440.880.570.630.930.590.290.61-0.590.810.290.70.07
0.990.970.990.990.680.97-0.420.920.570.99-0.240.570.950.630.980.870.860.980.860.91-0.720.970.80.970.1
0.951.00.990.970.520.97-0.60.910.470.95-0.180.470.980.511.00.840.750.990.90.89-0.640.910.850.930.16
-0.35-0.59-0.51-0.440.32-0.42-0.6-0.440.06-0.350.230.06-0.670.22-0.56-0.31-0.02-0.55-0.69-0.40.26-0.27-0.61-0.42-0.07
0.910.920.920.930.620.920.91-0.440.540.91-0.370.540.910.640.920.850.830.920.790.86-0.730.90.810.860.14
0.60.490.490.570.640.570.470.060.540.59-0.141.00.470.530.510.770.650.520.310.81-0.450.610.420.560.04
1.00.950.970.980.760.990.95-0.350.910.59-0.210.590.910.710.970.860.910.970.80.9-0.730.990.750.980.13
-0.21-0.18-0.25-0.24-0.15-0.24-0.180.23-0.37-0.14-0.21-0.14-0.29-0.22-0.21-0.22-0.26-0.21-0.3-0.260.55-0.28-0.21-0.240.25
0.60.490.490.570.640.570.470.060.541.00.59-0.140.470.530.510.770.650.520.310.81-0.450.610.420.560.04
0.910.980.970.960.440.950.98-0.670.910.470.91-0.290.470.460.980.840.690.980.930.9-0.70.880.880.910.1
0.710.520.60.640.880.630.510.220.640.530.71-0.220.530.460.560.560.840.570.310.57-0.780.770.310.670.06
0.971.00.990.980.570.981.0-0.560.920.510.97-0.210.510.980.560.850.791.00.890.9-0.690.940.830.960.15
0.870.850.840.860.630.870.84-0.310.850.770.86-0.220.770.840.560.850.760.850.680.95-0.650.850.830.820.36
0.910.750.80.840.930.860.75-0.020.830.650.91-0.260.650.690.840.790.760.80.530.78-0.70.940.510.870.11
0.971.00.990.980.590.980.99-0.550.920.520.97-0.210.520.980.571.00.850.80.890.9-0.690.940.830.960.14
0.810.90.910.860.290.860.9-0.690.790.310.8-0.30.310.930.310.890.680.530.890.77-0.610.760.790.83-0.04
0.90.90.890.910.610.910.89-0.40.860.810.9-0.260.810.90.570.90.950.780.90.77-0.690.880.80.880.11
-0.73-0.65-0.72-0.73-0.59-0.72-0.640.26-0.73-0.45-0.730.55-0.45-0.7-0.78-0.69-0.65-0.7-0.69-0.61-0.69-0.78-0.6-0.77-0.01
0.990.910.950.960.810.970.91-0.270.90.610.99-0.280.610.880.770.940.850.940.940.760.88-0.780.710.970.11
0.750.850.820.830.290.80.85-0.610.810.420.75-0.210.420.880.310.830.830.510.830.790.8-0.60.710.730.19
0.980.930.960.960.70.970.93-0.420.860.560.98-0.240.560.910.670.960.820.870.960.830.88-0.770.970.730.1
0.130.150.090.030.070.10.16-0.070.140.040.130.250.040.10.060.150.360.110.14-0.040.11-0.010.110.190.1
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 Liab7.4B7.7B8.3B9.1B9.8B10.3B
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)4.7B5.0B
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 Assets761M707M386M451M458M480.9M
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 Debt3.7B1.0B3.0B1.5B2B1.9B
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 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.
Pair CorrelationCorrelation Matching
When determining whether Charter Communications is a strong investment it is important to analyze Charter Communications' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Charter Communications' future performance. For an informed investment choice regarding Charter Stock, refer to the following important reports:
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 tightly coupled 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.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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.
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Is Charter Communications' 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 Communications. 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 Communications 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
0.135
Earnings Share
30.88
Revenue Per Share
370.453
Quarterly Revenue Growth
0.002
Return On Assets
0.0531
The market value of Charter Communications 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 Communications' value that differs from its market value or its book value, called intrinsic value, which is Charter Communications' 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 Communications' market value can be influenced by many factors that don't directly affect Charter Communications' 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 Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Charter Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Charter Communications' 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.