Cable One Donates $125,000 to Support Community Nonprofits Across 24 States
July 4, 2023
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The purpose of this grant was to support local non-profits in their mission to create positive, lasting change in their communities. This generous donation is a testament to Cable One ($NYSE:CABO)’s commitment to giving back and its dedication to making a positive impact in the areas it serves. The company has long been committed to empowering people with reliable access to high-speed internet, and its recent donation serves as an example of that commitment. With the donation, Cable One is supporting non-profits who are working to create sustainable change in their communities.
This donation will help ensure that non-profits have the resources needed to fulfill their mission and continue their work in making a difference in their communities. With this generous contribution, Cable One is demonstrating its commitment to corporate responsibility and its dedication to creating long-term, meaningful change.
Price History
This generous donation comes as a part of CABLE ONE’s commitment to helping those in need. The same day, CABLE ONE stock opened at $656.0 and closed at $649.0, down by 1.2% from the previous day’s closing price of $657.1. Investors reacted to the news of this substantial donation, causing the price of CABLE ONE stock to fall. Despite this dip in stock price, CABLE ONE’s commitment to helping those in need is unwavering. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cable One. More…
| Total Revenues | Net Income | Net Margin |
| 1.7k | 120.07 | 7.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cable One. More…
| Operations | Investing | Financing |
| 711.11 | -439.33 | -437.21 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cable One. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.88k | 5.14k | 305.72 |
Key Ratios Snapshot
Some of the financial key ratios for Cable One are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.0% | 17.2% | 24.2% |
| FCF Margin | ROE | ROA |
| 17.6% | 14.7% | 3.7% |
Analysis
At GoodWhale, we have conducted a thorough fundamental analysis of CABLE ONE to provide you with a comprehensive overview of the company’s financial and business aspects. Based on our Risk Rating, we can confirm that CABLE ONE is a medium risk investment. However, further review of the income sheet, balance sheet, and cashflow statement has revealed three specific risk warnings that require further investigation. To get full access to this report and all the associated risk warnings, become a registered user on GoodWhale. More…
Peers
Cable One Inc is one of the leading telecommunications companies in the world. With a strong focus on innovative technology and excellent customer service, the company has established a strong presence in the market. Its main competitors are PT Link Net Tbk, HKBN Ltd, and Telenet Group Holding NV.
– PT Link Net Tbk ($IDX:LINK)
PT Link Net Tbk is a provider of high-speed broadband and cable television services in Indonesia. It has a market cap of 7.79T as of 2022 and a Return on Equity of 11.5%. The company offers its services to both residential and business customers. It has a wide network of over 1,000 kilometers of fiber optic cables that connect to more than 500,000 homes and businesses in Indonesia.
– HKBN Ltd ($SEHK:01310)
As of March 2022, HKBN Ltd had a market capitalization of $6.54 billion and a return on equity of 10.33%. HKBN Ltd is a telecommunications company that provides broadband, voice, and other communications services to residential and business customers in Hong Kong. The company has a fiber-to-the-home network that covers over 2.2 million residential homes and businesses in Hong Kong.
– Telenet Group Holding NV ($LTS:0GAF)
Telenet Group Holding NV is a leading provider of cable television, high-speed Internet, and fixed-line telephony services in Belgium. The company has a market capitalization of 1.68 billion as of 2022 and a return on equity of -91.64%. Telenet offers a wide range of services to its customers, including digital television, high-speed Internet, and fixed-line telephony. The company has a strong customer base and a large market share in Belgium.
Summary
The grants were distributed through their Charitable Giving Fund, demonstrating their commitment to giving back to the communities they serve. Investors should take note of Cable One‘s commitment to charitable giving, as it could be evidence of long-term stability and a sign of their dedication to their customers. This could be a positive indication for future financial success and could lead to increased returns for investors.
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