quetwo
That VoIP Guy
Premium
join:2004-09-04
East Lansing, MI | Ok, we get it already
I know you are excited about the number, but every article doesn't have to tell us again and again that Charter's industry debt-load is 20% with only 8% of the customers. Some companies serve more rural areas, and therefore have more debt. |
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Corydon
Cultivant son jardin
Premium
join:2008-02-18
Denver, CO
clubs:
 ·Comcast
| By comparison...
Charter's market cap is $45.34 million. Which means that they owe about 463x what the market thinks they are worth.
Total revenue in 2007 was about $6 billion, with net income (the "bottom line") a loss of $1.6 billion.
Not good news.
--
"2 Strangers + 1 20 minute ceremony + $50 + 10 shots of tequila = Holy Matrimony and 1st Class Protections Under the Law… now that’s crazy!" |
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cooldude9919
join:2000-05-29
Cape Girardeau, MO
clubs:
| said by Corydon  :Charter's market cap is $45.34 million. Which means that they owe about 463x what the market thinks they are worth. Total revenue in 2007 was about $6 billion, with net income (the "bottom line") a loss of $1.6 billion. Not good news. I believe most of the loss was because of interest payments on the loans.
Basically paul allen went nuts when starting out with charter and bought up whatever markets possible. They overpaid by a lot for many markets. When you pay thousands of dollars per subscriber it takes a while to make back your investment.
Not sure where they will go from here. |
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Bassistguy
Alrighty Then
Premium
join:2001-07-14
Ballwin, MO
clubs:
| reply to quetwo
Re: Ok, we get it already
said by quetwo :I know you are excited about the number, but every article doesn't have to tell us again and again that Charter's industry debt-load is 20% with only 8% of the customers. But doing so is helpful for people like me, who had no clue that Charter's industry debt-load is 20% with only 8% of the customers.  |
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Emiya
join:2006-03-30
Southington, OH | I can see what's coming...
And in another week they'll be strutting up to Capitol Hill with their tin cups held out looking for a handout bailout. |
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BillRoland
Premium
join:2001-01-21
Ocala, FL
clubs:
·Cox HSI
| reply to quetwo
Re: Ok, we get it already
said by quetwo :I know you are excited about the number, but every article doesn't have to tell us again and again that Charter's industry debt-load is 20% with only 8% of the customers. Some companies serve more rural areas, and therefore have more debt. Nor does every Charter article need to contain "though the CEO seems to do ok" either.
--
"Don't steal. The government hates competition." |
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N3OGH
Bear patrol must be working like a charm
Premium
join:2003-11-11
Philly burbs | reply to Corydon
Re: By comparison...
Sure it is.
For the bankruptcy lawyers..... |
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zed260
join:2007-09-30
Cleveland, TN | reply to Emiya
Re: I can see what's coming...
and id bet they wont get one
because paul allen has controlling stake in charter he will probably be asked why he wont bail them out (paul allen has enough to pay of most of charters debt)
if they do get one it will be an uproar i bet |
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en102
Canadian, eh?
join:2001-01-26
Valencia, CA
·RoadRunner Cable
 ·DSL EXTREME
| reply to quetwo
Re: Ok, we get it already
said by quetwo :I know you are excited about the number, but every article doesn't have to tell us again and again that Charter's industry debt-load is 20% with only 8% of the customers. Some companies serve more rural areas, and therefore have more debt. Just because they server more rural customers does not give them the excuse to have a higher debt:customer ratio.
Having more rural customers isn't a bad thing... you 'could' charge higher rates, as there's less (or no) competition. |
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Karl Bode
News Guy
join:2000-03-02
Host:
Road Runner
PC gaming GAMES
PC gaming Tech
2 edits | reply to BillRoland
Nor does every Charter article need to contain "though the CEO seems to do ok" either. A quick look shows me I've used that phrase twice for Charter, including this report. The 20%/8% ratio metric has been used more frequently, but I find it pertinent and interesting.
I will, however, deliver beatings to the interns to do a better job in using less redundant metrics to highlight Charter's dysfunction. |
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jchambers28
join:2007-05-12
Alma, AR | go to Hell already
I wish charter would die and go to the depths of hell |
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Sammer
join:2005-12-22
Canonsburg, PA | reply to N3OGH
Re: By comparison...
Can you say pre-packaged chapter 11 bankruptcy? In this economy it's not like Charter's creditors have a choice. |
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bboe
join:2004-02-03
Monterey Park, CA | reply to jchambers28
Re: go to Hell already
I agree, been having way too many problems with them for the last few months. Hope this is the end and my area get a new cable provider. |
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centsofhumor
join:2007-01-20
Two Rivers, WI | Yes, no kidding they need to go already. |
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hottboiinnc
ME
join:2003-10-15
Cleveland, OH
·Time Warner Cable
·buckeye cable
| reply to zed260
Re: I can see what's coming...
And the UAW doesnt have enough money to give to the BIG 3 to help them?
Since the Auto Industry- the Big 3, received money its only fair to Charter to get money.
The big 3 didnt need that money. The rest of the automakers are doing fine. But then again they're not stupid and paying for Grandpa to go to the casino and blow his "retirement" every two weeks hoping to make it big. |
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hottboiinnc
ME
join:2003-10-15
Cleveland, OH | reply to bboe
Re: go to Hell already
Yah you want a new provider now, but when someone else takes over and raises your rates you'll be back on here bitching because your CATV went up $5 and Internet is then capped at 250gigs per month. |
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DarkLogix
join:2008-10-23
Baytown, TX | reply to centsofhumor
Yes I agree, so how fast can they go there? |
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TheKnossos
join:2003-05-14
Fort Worth, TX | reply to hottboiinnc
We'll always find something to bitch about, don't worry. |
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RadioDoc
58ef2c0
Premium,ExMod 2000-03
join:2000-05-11 | reply to Karl Bode
Re: Ok, we get it already
Maybe next time you could use logarithms for the ratio.
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Toolmaster of La Grange. |
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RadioDoc
58ef2c0
Premium,ExMod 2000-03
join:2000-05-11 | reply to hottboiinnc
Re: I can see what's coming...
The 'rest' were already subsidized by their respective governments.
One cable outfit going under would almost zero economic effect compared to the US auto industry ceasing operations.
--
Toolmaster of La Grange. |
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