Shenandoah Telecommunications Co (SHEN)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 94,520 | 176,071 | 128,562 | 166,367 | 1,408,720 |
| Total current liabilities | US$ in thousands | 114,571 | 98,355 | 100,245 | 67,290 | 755,859 |
| Current ratio | 0.82 | 1.79 | 1.28 | 2.47 | 1.86 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $94,520K ÷ $114,571K
= 0.82
The current ratio of Shenandoah Telecommunications Co has fluctuated over the past five years. It has shown an improving trend from 1.86 in December 31, 2020 to 2.47 in December 31, 2021, indicating the company had more current assets relative to current liabilities. However, this ratio decreased in December 31, 2022 to 1.28 and then slightly improved to 1.79 in December 31, 2023. Notably, in December 31, 2024, the current ratio dropped significantly to 0.82, signaling a potential liquidity issue as the company may have insufficient current assets to cover its short-term obligations. Overall, while the current ratio has varied, it is important to monitor this trend closely to assess the company's ability to meet its short-term financial obligations.
Peer comparison
Dec 31, 2024