Shenandoah Telecommunications Co (SHEN)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 918,583 | 925,358 | 933,082 | 871,643 | 652,670 | 654,363 | 649,425 | 642,780 | 638,007 | 642,511 | 643,370 | 644,329 | 642,275 | 648,766 | 687,787 | 633,954 | 582,394 | 548,182 | 511,457 | 480,650 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $918,583K)
= 0.00
The debt-to-capital ratio of Shenandoah Telecommunications Co has consistently remained at 0.00 over the last few years, from March 31, 2020, to December 31, 2024. This indicates that the company's proportion of debt to its total capital structure is negligible or nonexistent during this period. A low or zero debt-to-capital ratio is typically considered favorable as it signifies lower financial risk and indicates that the company relies more on equity financing rather than debt to fund its operations and investments. However, despite the benefits of a low debt-to-capital ratio, it's essential to consider the company's overall financial strategy, capital structure, and future growth plans to assess the full picture of its financial health and performance.
Peer comparison
Dec 31, 2024