Shenandoah Telecommunications Co (SHEN)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,740,270 | 1,214,230 | 977,719 | 890,733 | 2,031,710 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,740,270K
= 0.00
The debt-to-assets ratio of Shenandoah Telecommunications Co has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets during this period. This suggests that the company has been operating without relying on debt financing to fund its operations or investments. An extremely low or zero debt-to-assets ratio can signify financial stability and lower financial risk for the company, as it indicates a lower reliance on external borrowing for its operations.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Shenandoah Telecommunications Co
SHEN
0.00
AT&T Inc
T
0.00
Frontier Communications Parent Inc
FYBR
0.00
Lumen Technologies Inc
LUMN
0.00
Telephone and Data Systems Inc
TDS
0.00
Verizon Communications Inc
VZ
0.00