Shenandoah Telecommunications Co (SHEN)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $918,583K
= 0.00
The debt-to-equity ratio for Shenandoah Telecommunications Co has consistently remained at 0.00 throughout the period from March 31, 2020, to December 31, 2024. This indicates that the company has not had any long-term debt in relation to its equity during this time frame. A debt-to-equity ratio of 0.00 suggests that the company has not used debt to finance its operations, and instead, relies solely on equity financing. This may signify a lower financial risk for the company as it does not have significant debt obligations to repay. Additionally, a low or zero debt-to-equity ratio could indicate financial stability and the ability to weather economic downturns more effectively. However, it is important to consider that a very low debt-to-equity ratio could also imply missed opportunities for leveraging debt to potentially enhance returns for shareholders.
Peer comparison
Dec 31, 2024