Shenandoah Telecommunications Co (Shenandoah Telecommunications Co) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2023)

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What is Shenandoah Telecommunications Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Shenandoah Telecommunications Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.28.

Shenandoah Telecommunications Co's long-term debt to total assets ratio increased from Dec. 2022 (0.13) to Dec. 2023 (0.28). It may suggest that Shenandoah Telecommunications Co is progressively becoming more dependent on debt to grow their business.

Shenandoah Telecommunications Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shenandoah Telecommunications Co's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shenandoah Telecommunications Co LT-Debt-to-Total-Asset Chart

Shenandoah Telecommunications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.39

0.02

0.06

0.13

0.28

Shenandoah Telecommunications Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.15	0.17	0.19	0.28

Shenandoah Telecommunications Co LT-Debt-to-Total-Asset Calculation

Shenandoah Telecommunications Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	342.557	/	1214.229
	=	0.28

Shenandoah Telecommunications Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	342.557	/	1214.229
	=	0.28

Shenandoah Telecommunications Co (NAS:SHEN) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Shenandoah Telecommunications Co LT-Debt-to-Total-Asset Related Terms

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Shenandoah Telecommunications Co (Shenandoah Telecommunications Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Shenandoah Telecommunications Co (NAS:SHEN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Shentel Way, Edinburg, VA, USA, 22824

Website

https://www.shentel.com

Shenandoah Telecommunications Company, with its subsidiaries, provides various broadband communication products and services via its wireless, cable, fiber optic, and fixed wireless networks to customers in the Mid-Atlantic United States. The company operates through two business units: tower and broadband. The tower segment leases company-owned cell tower spaces to other wireless communication providers, while the broadband segment provides broadband Internet, video, and voice services to residential and commercial customers. The broadband segment generates the vast majority of the company's revenue, with the bulk of sales flowing from residential and small, and medium businesses within the broadband unit.

Executives

Tracy Fitzsimmons	director	PO BOX 459, EDINBURG VA 22824
Koontz Richard L Jr	director	PO BOX 459, EDINBURG VA 22824
Kenneth L Quaglio	director	PO BOX 459, EDINBURG VA 22824
Thomas Beckett	director	111 W. CONGRESS STREET, CHARLES TOWN WV 25414
Victor Christopher Barnes	director	PO BOX 459, EDINBURG VA 22824
Christopher E French	officer: President & CEO	PO BOX 459, EDINBURG VA 22824
Heather K Banks	officer: VP & Chief HRO	PO BOX 459, EDINBURG VA 22824
Dara Leslie	officer: SVP Sales & Marketing	PO BOX 459, EDINBURG VA 22824
Derek Rieger	officer: VP-Legal/Gen Counsel & Sec	PO BOX 459, EDINBURG VA 22824
Dennis Romps	officer: VP & Chief Accounting Officer	12018 SUNRISE VALLEY DRIVE, SUITE 600, RESTON VA 20191
David L Heimbach	officer: Executive VP & COO	221 E. FOURTH STREET, CINCINNATI OH 45202
William L Pirtle	other: VP-PCS	PO BOX 459, EDINBURG VA 22824
Thomas A Whitaker	officer: VP-Wireless & Cable Operations	PO BOX 459, EDINBURG VA 22824
James J Volk	officer: SR VP FINANCE & CFO
Chase L Stobbe	officer: VP & Chief Accounting Officer	PO BOX 459, EDINBURG VA 22824