Shenandoah Telecommunications Co (SHEN)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 328,058 | 287,379 | 267,371 | 245,239 | 220,775 |
| Total assets | US$ in thousands | 1,740,270 | 1,214,230 | 977,719 | 890,733 | 2,031,710 |
| Total asset turnover | 0.19 | 0.24 | 0.27 | 0.28 | 0.11 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $328,058K ÷ $1,740,270K
= 0.19
Shenandoah Telecommunications Co's total asset turnover has shown fluctuating trends over the years. The ratio increased from 0.11 in December 31, 2020, to 0.28 in December 31, 2021, indicating an improvement in efficiency in generating revenue from its assets. However, there was a slight drop to 0.27 in December 31, 2022, and further decreases to 0.24 in December 31, 2023, and 0.19 in December 31, 2024.
The decreasing trend suggests that the company may be facing challenges in effectively utilizing its assets to generate revenue. It is important for Shenandoah Telecommunications Co to critically assess and optimize its asset management strategies to improve its total asset turnover ratio and enhance overall operational efficiency.
Peer comparison
Dec 31, 2024