Shenandoah Telecommunications Company (SHEN) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 114.22M | 97.44M | 67.99M | 83.35M | 134.46M | 94.52M | 97.51M | 99.52M | 426.17M | 176.07M | 71.42M | 75.89M | 104.52M | 125.75M | 117.74M | 127.18M | 123.5M | 163.87M | 574.03M | 1.43B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | 71.08M | 27.26M | 22.62M | 29.08M | 87.55M | 46.27M | 43.1M | 43.78M | 389.74M | 139.25M | 35.97M | 26.3M | 48.4M | 44.06M | 33.03M | 33.34M | 53.98M | 84.34M | 532.54M | 248.79M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 862K | 844K |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 27.47 | - | 30.66 | 33.03 | 30.45 | 33.52 | 32.64 | 25.38 | 24.97 | 26.17 | 23.33 | 21.3 | 22.89 | 29.05 | 27.8 | 22.48 | 26.38 | 34.56 | 65.19 | 97.3 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 15.84M | 29.09M | 8.1M | 8.63M | 7.7M | 9.85M | 8.67M | 12.67M | 8.22M | 7.19M | 4.93M | 22.76M | 26.78M | 23.88M | 23.9M | 38.75M | 19.07M | 18.94M | 2.51M | 1.1B |
| Total Non-Current Assets | 1.84B | 1.81B | 1.78B | 1.73B | 1.69B | 1.65B | 1.6B | 1.56B | 1.02B | 1.04B | 987.29M | 951.57M | 902.12M | 907.36M | 804.72M | 764.23M | 759.75M | 761.83M | 719.06M | 686.09M |
| Property, Plant & Equipment | 1.65B | 1.62B | 1.59B | 1.54B | 1.5B | 1.46B | 1.41B | 1.36B | 910.38M | 863.36M | 874.33M | 838.7M | 794.59M | 741.41M | 697.16M | 665.66M | 638.67M | 610.58M | 582.75M | 549.85M |
| Fixed Asset Turnover | 0.06x | - | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.09x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.11x | 0.11x |
| Goodwill | 67.54M | 67.54M | 67.54M | 67.06M | 67.06M | 67.06M | 71.68M | 77.87M | 3.24M | 3.24M | 3.24M | 3.24M | 3.24M | 3.24M | 3.24M | 3.24M | 3.24M | 3.24M | 3.24M | 3.24M |
| Intangible Assets | 88.96M | 89.35M | 89.85M | 89.78M | 90.22M | 90.67M | 91.14M | 91.61M | 77.84M | 77.88M | 77.94M | 78.03M | 78.15M | 78.27M | 78.37M | 66.37M | 86.39M | 86.59M | 102.9M | 103.1M |
| Long-Term Investments | 16.11M | 16.51M | 16.34M | 15.97M | 15.53M | 15.71M | 15.37M | 15.13M | 13.41M | 13.2M | 15.97M | 15.45M | 13.12M | 12.97M | 12.78M | 12.9M | 13.28M | 13.66M | 13.41M | 13.79M |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 1.95B | 1.91B | 1.85B | 1.81B | 1.83B | 1.74B | 1.69B | 1.66B | 1.45B | 1.21B | 1.06B | 1.03B | 1.01B | 1.03B | 922.46M | 891.42M | 883.25M | 925.7M | 1.29B | 2.12B |
| Asset Turnover | 0.05x | - | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.06x | 0.05x | 0.06x | 0.06x | 0.07x | 0.07x | 0.07x | 0.07x | 0.07x | 0.07x | 0.06x | 0.04x | 0.03x |
| Asset Growth % | 6.99% | 9.8% | 9.18% | 9.56% | 26.25% | 43.32% | 60.08% | 61.21% | 43.64% | 17.53% | 14.77% | 15.26% | 13.97% | 11.6% | -28.66% | -57.86% | -57.58% | -54.27% | -35.39% | 12.48% |
| Total Current Liabilities | 101.56M | 108.5M | 135.4M | 114.94M | 111.99M | 114.57M | 123.13M | 112.09M | 91.03M | 98.36M | 84.42M | 81.83M | 92.24M | 96.42M | 78.94M | 71.05M | 57.06M | 67.29M | 485.42M | 1.16B |
| Accounts Payable | 54.19M | 61.35M | 76.87M | 62.52M | 59.27M | 57.82M | 65.95M | 57.73M | 50.28M | 53.55M | 43.36M | 41.24M | 48.82M | 49.17M | 35.84M | 30.06M | 21.42M | 28.54M | 17.43M | 23.54M |
| Days Payables Outstanding | 77.84 | 198.2 | 197.99 | 81.81 | 159.52 | 171.64 | 165.31 | 142.27 | 181.8 | 182.7 | 148.15 | 165.54 | 165.99 | 144.97 | 110.31 | 87.54 | 85.36 | 74.26 | 73.2 | 80.12 |
| Short-Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 21.51M | 24.18M | 25.51M | 19.04M | 19.23M | 24.16M | 26.46M | 23.65M | 14.72M | 19.89M | 24.88M | 28.83M | 20.2M | 30.81M | 22.26M | 30.15M | 25.42M | 25.78M | 15.73M | 443.06M |
| Current Ratio | 1.12x | 0.90x | 0.50x | 0.73x | 1.20x | 0.82x | 0.79x | 0.89x | 4.68x | 1.79x | 0.85x | 0.93x | 1.13x | 1.30x | 1.49x | 1.79x | 2.16x | 2.44x | 1.18x | 1.24x |
| Quick Ratio | 1.12x | 0.90x | 0.50x | 0.73x | 1.20x | 0.82x | 0.79x | 0.89x | 4.68x | 1.79x | 0.85x | 0.93x | 1.13x | 1.30x | 1.49x | 1.79x | 2.16x | 2.44x | 1.18x | 1.24x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 894.36M | 832.98M | 735.39M | 712.34M | 719.05M | 624.65M | 565.3M | 531.78M | 483.25M | 463.2M | 319.93M | 296.2M | 271.62M | 298.68M | 201.01M | 176.99M | 181.86M | 216.13M | 158.9M | 270.91M |
| Long-Term Debt | 693.89M | 628.24M | 524.02M | 501.61M | 504.2M | 407.68M | 335.93M | 288.57M | 290.72M | 292.8M | 147.49M | 123.8M | 98.66M | 74.31M | 24.87M | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 995.92M | 941.47M | 870.79M | 827.28M | 831.04M | 739.23M | 688.43M | 643.87M | 574.28M | 561.56M | 404.35M | 378.03M | 363.86M | 395.1M | 279.95M | 248.05M | 238.92M | 283.42M | 644.32M | 1.43B |
| Total Debt | 706.83M | 641.69M | 546.84M | 525.13M | 528.55M | 432.3M | 361.15M | 313.43M | 310.53M | 310.7M | 203.93M | 179.31M | 158.89M | 129.76M | 84.4M | 56.4M | 57.32M | 56.62M | 56.01M | 725.71M |
| Net Debt | 635.75M | 614.43M | 524.22M | 496.05M | 441M | 386.03M | 318.05M | 269.65M | -79.21M | 171.45M | 167.97M | 153.01M | 110.5M | 85.7M | 51.37M | 23.06M | 3.34M | -27.72M | -476.54M | 476.92M |
| Debt / Equity | 0.74x | 0.66x | 0.56x | 0.53x | 0.53x | 0.43x | 0.36x | 0.31x | 0.36x | 0.48x | 0.31x | 0.28x | 0.25x | 0.20x | 0.13x | 0.09x | 0.09x | 0.09x | 0.09x | 1.06x |
| Debt / EBITDA | 26.24x | 23.60x | 20.01x | 20.04x | 22.62x | 19.65x | 15.36x | 32.33x | 21.17x | 18.39x | 13.15x | 11.55x | 8.58x | 10.51x | 5.24x | 4.98x | 4.01x | 8.08x | 3.71x | 46.55x |
| Net Debt / EBITDA | 23.60x | 22.60x | 19.18x | 18.93x | 18.87x | 17.55x | 13.53x | 27.82x | -5.40x | 10.15x | 10.83x | 9.85x | 5.97x | 6.94x | 3.19x | 2.04x | 0.23x | -3.95x | -31.56x | 30.59x |
| Interest Coverage | -1.10x | 0.07x | -0.82x | -1.01x | -1.10x | -0.95x | -0.87x | -3.50x | -0.26x | 1.70x | 1.18x | 1.13x | 9.81x | 0.58x | - | 0.14x | -2.24x | -0.46x | - | - |
| Total Equity | 957.04M | 969.29M | 979.63M | 987.4M | 994.41M | 1B | 1.01B | 1.01B | 871.64M | 652.67M | 654.36M | 649.42M | 642.78M | 638.01M | 642.51M | 643.37M | 644.33M | 642.27M | 648.77M | 687.79M |
| Equity Growth % | -3.76% | -3.17% | -2.66% | -2.48% | 14.08% | 53.38% | 53.79% | 55.9% | 35.61% | 2.3% | 1.84% | 0.94% | -0.24% | -0.66% | -0.96% | -6.46% | 1.64% | 11.3% | 18.35% | 34.48% |
| Book Value per Share | 17.23 | 17.58 | 17.76 | 17.92 | 18.09 | 18.27 | 18.37 | 18.50 | 17.09 | 12.80 | 12.87 | 12.81 | 12.73 | 12.71 | 12.80 | 12.83 | 12.85 | 12.83 | 12.94 | 13.74 |
| Total Shareholders' Equity | 866.96M | 880.78M | 892.68M | 901.96M | 910.47M | 918.58M | 925.36M | 933.08M | 871.64M | 652.67M | 654.36M | 649.42M | 642.78M | 638.01M | 642.51M | 643.37M | 644.33M | 642.27M | 648.77M | 687.79M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 706.24M | 723.57M | 736.93M | 747.85M | 758.39M | 769M | 778.99M | 785.89M | 798.76M | 584.07M | 586M | 584.41M | 582.62M | 580.55M | 586.37M | 589.1M | 592.32M | 592.92M | 600.93M | 644.73M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 353K | 1M | 1.22M | 1.85M | 1M | 3.4M | 3.26M | 1.67M | 3.24M | 2.13M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.62M |
| Minority Interest | 90.08M | 88.51M | 86.96M | 85.43M | 83.94M | 82.46M | 81.02M | 79.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |