Shenandoah Telecommunications Co (SHEN)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 918,583 | 652,670 | 638,007 | 642,275 | 582,394 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $918,583K
= 0.00
Based on the data provided, Shenandoah Telecommunications Co has maintained a consistently low debt-to-equity ratio of 0.00 across the years 2020 to 2024. This indicates that the company's level of debt relative to its equity is minimal or even nonexistent during this period. A low debt-to-equity ratio often suggests a strong financial position and lower financial risk for the company, as it implies that the business is not heavily reliant on borrowed funds to finance its operations or expansions. Shenandoah Telecommunications Co's stable and low debt-to-equity ratio may signify a conservative financing strategy and effective management of its capital structure.
Peer comparison
Dec 31, 2024