Charter Communications Inc
CHTRCompany Overview
Charter Communications, Inc. engages in the provision of broadband communications services. Its services include Spectrum TV, Spectrum Internet, and Spectrum Voice. The firm offers business-to-business Internet access, data networking, business telephone, video and music entertainment services, and wireless backhaul. Its advertising sales division, Spectrum Reach, offers local, regional, and national businesses the opportunity to advertise in individual and multiple service areas on cable television networks and advanced advertising platforms. The company was founded in 1993 and is headquartered in Stamford, CT.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
| Name | Charter Communications Inc |
| Ticker | CHTR |
| Main Business | Broadband connectivity company and cable operator |
| Type | Securities |
| Industry | Telecom Services |
| Country | US |
| Market Cap | $55.27 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Residential revenue | $41,241.0 | $12,372.3 | 30% NSC (video entertainment) |
| Commercial revenue | $6,978.0 | $0.0 | - |
| Advertising sales | $1,882.0 | $0.0 | - |
| Mobile | $3,042.0 | $0.0 | - |
| Other | $879.0 | $0.0 | - |
| Other income | $56.0 | $0.0 | - |
| Total | $54,078.0 | $12,372.3 | 22.88% (failed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $2,000,000,000.0 | 3.62% |
| long term debt and capital lease obligation | $95,780,000,000.0 | 173.29% |
| Total Interest-Bearing Debt | $97,780,000,000.0 | 176.91% |
| Market Capitalization | $55,270,296,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | failed |