Shenandoah Telecommunications annual debt-to-equity ratio
2010
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2025
Shenandoah Telecommunications Debt-to-Equity Ratio Growth & History (SHEN)
Shenandoah Telecommunications's debt-to-equity ratio was 0.73 for fiscal 2025.
View full Shenandoah Telecommunications company overviewShenandoah Telecommunications annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.73 | 0.26 | +55.23% |
| 2024 | 2024-12-31 | 0.47 | −0.07 | −12.88% |
| 2023 | 2023-12-31 | 0.54 | 0.34 | +165.61% |
| 2022 | 2022-12-31 | 0.20 | 0.12 | +130.52% |
| 2021 | 2021-12-31 | 0.09 | −1.19 | −93.10% |
| 2020 | 2020-12-31 | 1.28 | −1.11 | −46.38% |
| 2019 | 2019-12-31 | 2.39 | 0.64 | +36.40% |
| 2018 | 2018-12-31 | 1.75 | −0.58 | −25.06% |
| 2017 | 2017-12-31 | 2.33 | −0.47 | −16.73% |
| 2016 | 2016-12-31 | 2.80 | 2.11 | +306.98% |
| 2015 | 2015-12-31 | 0.69 | −0.18 | −20.67% |
| 2014 | 2014-12-31 | 0.87 | −0.11 | −11.57% |
| 2013 | 2013-12-31 | 0.98 | −0.13 | −12.05% |
| 2012 | 2012-12-31 | 1.12 | 0.20 | +22.17% |
| 2011 | 2011-12-31 | 0.91 | −0.11 | −10.89% |
| 2010 | 2010-12-31 | 1.03 | — | — |
Shenandoah Telecommunications quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.85 | 0.26 | +44.93% |
| Q1 2026 | 2026-03-31 | 0.82 | 0.24 | +40.58% |
| Q4 2025 | 2025-12-31 | 0.73 | 0.26 | +55.23% |
| Q3 2025 | 2025-09-30 | 0.61 | 0.22 | +57.28% |
| Q2 2025 | 2025-06-30 | 0.58 | 0.25 | +73.71% |
| Q1 2025 | 2025-03-31 | 0.58 | 0.23 | +63.44% |
| Q4 2024 | 2024-12-31 | 0.47 | −0.07 | −12.88% |
| Q3 2024 | 2024-09-30 | 0.39 | 0.08 | +25.28% |
| Q2 2024 | 2024-06-30 | 0.34 | 0.06 | +21.77% |
| Q1 2024 | 2024-03-31 | 0.36 | 0.11 | +46.80% |
| Q4 2023 | 2023-12-31 | 0.54 | 0.34 | +165.61% |
| Q3 2023 | 2023-09-30 | 0.31 | 0.18 | +145.71% |
| Q2 2023 | 2023-06-30 | 0.28 | 0.19 | +214.46% |
| Q1 2023 | 2023-03-31 | 0.24 | 0.15 | +172.46% |
| Q4 2022 | 2022-12-31 | 0.20 | 0.12 | +130.52% |
| Q3 2022 | 2022-09-30 | 0.13 | 0.04 | +45.40% |
| Q2 2022 | 2022-06-30 | 0.09 | −0.99 | −91.84% |
| Q1 2022 | 2022-03-31 | 0.09 | −1.09 | −92.44% |
| Q4 2021 | 2021-12-31 | 0.09 | −1.19 | −93.10% |
| Q3 2021 | 2021-09-30 | 0.09 | −1.27 | −93.58% |
| Q2 2021 | 2021-06-30 | 1.08 | −1.04 | −49.21% |
| Q1 2021 | 2021-03-31 | 1.18 | −1.11 | −48.55% |
| Q4 2020 | 2020-12-31 | 1.28 | −1.11 | −46.38% |
| Q3 2020 | 2020-09-30 | 1.36 | −1.01 | −42.75% |
| Q2 2020 | 2020-06-30 | 2.12 | −0.29 | −12.17% |
| Q1 2020 | 2020-03-31 | 2.29 | −0.16 | −6.51% |
| Q4 2019 | 2019-12-31 | 2.39 | 0.64 | +36.40% |
| Q3 2019 | 2019-09-30 | 2.37 | 0.62 | +35.59% |
| Q2 2019 | 2019-06-30 | 2.41 | 0.54 | +29.03% |
| Q1 2019 | 2019-03-31 | 2.45 | 0.50 | +25.86% |
| Q4 2018 | 2018-12-31 | 1.75 | −0.58 | −25.06% |
| Q3 2018 | 2018-09-30 | 1.75 | −1.03 | −37.11% |
| Q2 2018 | 2018-06-30 | 1.87 | −0.96 | −33.84% |
| Q1 2018 | 2018-03-31 | 1.95 | −0.89 | −31.29% |
| Q4 2017 | 2017-12-31 | 2.33 | −0.47 | −16.73% |
| Q3 2017 | 2017-09-30 | 2.78 | 0.00 | +0.14% |
| Q2 2017 | 2017-06-30 | 2.83 | 0.08 | +2.87% |
| Q1 2017 | 2017-03-31 | 2.84 | 2.20 | +343.13% |
| Q4 2016 | 2016-12-31 | 2.80 | 2.11 | +306.98% |
| Q3 2016 | 2016-09-30 | 2.78 | 2.06 | +285.87% |
| Q2 2016 | 2016-06-30 | 2.75 | 1.99 | +261.18% |
| Q1 2016 | 2016-03-31 | 0.64 | −0.17 | −21.43% |
| Q4 2015 | 2015-12-31 | 0.69 | −0.18 | −20.67% |
| Q3 2015 | 2015-09-30 | 0.72 | −0.16 | −18.38% |
| Q2 2015 | 2015-06-30 | 0.76 | −0.15 | −16.74% |
| Q1 2015 | 2015-03-31 | 0.81 | −0.13 | −13.75% |
| Q4 2014 | 2014-12-31 | 0.87 | −0.11 | −11.57% |
| Q3 2014 | 2014-09-30 | 0.88 | −0.10 | −9.97% |
| Q2 2014 | 2014-06-30 | 0.91 | −0.10 | −9.68% |
| Q1 2014 | 2014-03-31 | 0.94 | −0.12 | −11.47% |
| Q4 2013 | 2013-12-31 | 0.98 | −0.13 | −12.05% |
| Q3 2013 | 2013-09-30 | 0.98 | −0.13 | −11.79% |
| Q2 2013 | 2013-06-30 | 1.01 | 0.20 | +24.26% |
| Q1 2013 | 2013-03-31 | 1.07 | 0.20 | +23.27% |
| Q4 2012 | 2012-12-31 | 1.12 | 0.20 | +22.17% |
| Q3 2012 | 2012-09-30 | 1.11 | 0.18 | +19.81% |
| Q2 2012 | 2012-06-30 | 0.81 | −0.15 | −15.12% |
| Q1 2012 | 2012-03-31 | 0.87 | — | — |
| Q4 2011 | 2011-12-31 | 0.91 | −0.11 | −10.89% |
| Q3 2011 | 2011-09-30 | 0.93 | — | — |
| Q2 2011 | 2011-06-30 | 0.96 | — | — |
| Q4 2010 | 2010-12-31 | 1.03 | — | — |
Shenandoah Telecommunications debt-to-equity ratio trends
Over the last five fiscal years, Shenandoah Telecommunications's debt-to-equity ratio decreased from 1.28 to 0.73, a change of −0.55. The latest reported quarter, Q2 2026, shows 0.85.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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