Shenandoah Telecommunications Co (SHEN)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -17,266 | -8,472 | -2,809 | 4,120 | 9,624 | 5,068 | 1,810 | 5,687 | 2,579 | -3,806 | -863 | -4,406 | -1,655 | 7,860 | 7,158 | 47,457 | 68,136 | 89,402 | 114,291 | 95,309 |
| Total assets | US$ in thousands | 1,740,270 | 1,694,810 | 1,656,330 | 1,445,920 | 1,214,230 | 1,058,710 | 1,027,460 | 1,006,640 | 977,719 | 922,458 | 891,417 | 883,251 | 890,733 | 1,293,090 | 2,115,230 | 2,082,310 | 2,031,710 | 2,001,300 | 1,880,580 | 1,850,780 |
| Operating ROA | -0.99% | -0.50% | -0.17% | 0.28% | 0.79% | 0.48% | 0.18% | 0.56% | 0.26% | -0.41% | -0.10% | -0.50% | -0.19% | 0.61% | 0.34% | 2.28% | 3.35% | 4.47% | 6.08% | 5.15% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-17,266K ÷ $1,740,270K
= -0.99%
Operating return on assets (Operating ROA) provides insight into Shenandoah Telecommunication Co's efficiency in generating operating profits from its assets. The trend analysis over the periods shows a fluctuating performance of the company.
From the data provided:
- Operating ROA ranged from 5.15% in March 2020 to -0.99% in December 2024.
- Initially, there was a gradual decline in Operating ROA from 5.15% in March 2020 to 2.28% in March 2021.
- The decline became steeper in the following quarters, reaching negative values from June 2021 to September 2024.
- There was a slight recovery in the following periods, with Operating ROA increasing from -0.99% in December 2024 to 0.79% in December 2023.
- Shenandoah Telecommunication Co's profitability from operating activities varied significantly throughout the periods, indicating inconsistencies in generating profits relative to its asset base.
Overall, the Operating ROA trend suggests that Shenandoah Telecommunications Co experienced challenges in maintaining stable operating profitability in recent years. Further analysis of the operational efficiency and asset utilization may be needed to address the decline in Operating ROA and improve the company's financial performance.
Peer comparison
Dec 31, 2024