Charter Communications (NASDAQ: CHTR ) is a classic leveraged equity play built on fixed-rate debt, stable cash flows, and high returns on hard assets. With 89% of debt locked at 5.2% and a WACC near 6%, CHTR’s ROIC already exceeds itsThe author is a mechanical engineer. He holds a B.S. in Mechanical Engineering and an M.B.A in Finance. He employs evidence and factor-based investing in his personal portfolio.He will sometimes seculate for fun and take small positions in individual stocks he believes are tra ...

Core Insights - Charter Communications (NASDAQ: CHTR) is characterized as a leveraged equity play, utilizing fixed-rate debt, stable cash flows, and high returns on hard assets [1] - The company has 89% of its debt locked at a fixed rate of 5.2%, with a weighted average cost of capital (WACC) near 6%, indicating a favorable financial structure [1] - The return on invested capital (ROIC) for CHTR exceeds its WACC, suggesting efficient capital utilization and potential for value creation [1]