Shenandoah Telecommunications Co (SHEN)
Debt-to-assets ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 for Shenandoah Telecommunications Co has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This ratio indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 implies that the company's assets are entirely financed by equity, which may signify a strong financial position and low risk of financial distress due to debt obligations. It suggests that the company has not taken on any financial leverage to grow its operations or acquire assets in the period under review.
Peer comparison
Dec 31, 2024