Charter Communications (BSP:CHCM34) ROCE % : 9.44% (As of Sep. 2024)

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What is Charter Communications ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Charter Communications's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.44%.

Charter Communications ROCE % Historical Data

The historical data trend for Charter Communications's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Charter Communications ROCE % Chart

Charter Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.74

6.72

8.27

8.82

8.73

Charter Communications Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															9.38	8.78	9.05	9.61	9.44

Charter Communications ROCE % Calculation

Charter Communications's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	59003.392	/	( ( (758080.944 - 63285.751)	+	(721216.261 - 64745.957) )	/ 2 )
	=	59003.392	/	( (694795.193	+	656470.304)	/ 2 )
	=	59003.392	/	675632.7485
	=	8.73 %

Charter Communications's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	70684.48	/	( ( (800433.707 - 57771.309)	+	(827186.724 - 72877.448) )	/ 2 )
	=	70684.48	/	( ( 742662.398	+	754309.276 )	/ 2 )
	=	70684.48	/	748485.837
	=	9.44 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Charter Communications (BSP:CHCM34) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Charter Communications ROCE % Related Terms

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Charter Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Charter Communications Inc (BSP:CHCM34) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CHTR:USA CHTR:Mexico 1CHTR:Italy 0HW4:UK CQD:Germany CQD:Germany CHTR:Austria

Address

400 Washington Boulevard, Stamford, CT, USA, 06902

Website

https://corporate.charter.com

Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 58 million US homes and businesses, around 35% of the country. Across this footprint, Charter serves 29 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest US cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.

Charter Communications Headlines

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