SHEN - NASDAQ

Shenandoah Telecommunications Company

SHEN·NASDAQ

$15.79

-2.8%

Communication ServicesTelecommunications Services

Shenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States. Its Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky, via hybrid fiber coaxial cable under the Shentel brand, fiber optic services under the Glo Fiber brand, and fixed wireless network services under the Beam brand name. This segment leases fiber and provides Ethernet and wavelength fiber optic services. In addition, the company offers voice and digital subscriber line telephone services. The company's Tower segment owns 220 cell towers and leases colocation space on the towers. Shenandoah Telecommunications Company was founded in 1902 and is based in Edinburg, Virginia.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$873.53M

EPS-0.7100

P/E Ratio-22.24

Earnings Date07/30/2026

1.91B

Assets

10%

3Y+95.0%

5Y-6.0%

10Y+29.0%

941.47M

Total Liabilities

27%

3Y+177.0%

5Y-35.0%

10Y-21.0%

969.29M

Total Equity

-3%

3Y+52.0%

5Y+68.0%

10Y+228.0%

Shenandoah Telecommunications Company Funding & Solvency Profile

SHEN · NASDAQ

Current Assets

Cash & Cash Equivalents27.26M

Net Receivables34.04M

Inventory0.00

Other Current Assets29.09M

Total Current Assets97 M

Non-Current Assets

Property, Plant & Equipment1.62B

Goodwill & Intangible Assets156.89M

Long-Term Investments16.51M

Other Non-Current Assets18.65M

Total Non-Current Assets2 B

Total Assets

1.91B

Financial Health Analysis

Current Ratio

0.90x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.97x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

-11053000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

5% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Negative working capital with limited cash reserves requires immediate attention—potential liquidity crisis if not addressed promptly.

Shenandoah Telecommunications Company Balance Sheet

SHEN • NASDAQ

Shenandoah Telecommunications Company Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	27.3M	46.3M	139.3M	44.1M	84.3M	195.4M	101.7M	85.1M	78.6M	36.2M	76.8M	68.9M	38.3M	71.1M	15.9M	27.5M	12.1M	5.2M	17.2M	13.4M
Short-Term Investments	0.0	0.0	0.0	0.0	801K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	9.1M	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	27.3M	46.3M	139.3M	44.1M	85.1M	195.4M	101.7M	85.1M	78.6M	36.2M	76.8M	68.9M	38.3M	71.1M	15.9M	36.5M	12.1M	5.2M	17.2M	13.4M
Net Receivables	34M	31M	24.5M	50.4M	52.2M	70.4M	73.9M	93M	71.5M	69.8M	37.5M	45.1M	42.4M	30M	34M	23.2M	20.6M	28.7M	16.1M	11.6M
Accounts Receivables	31.5M	29.7M	19.8M	20.6M	22M	70.4M	63.6M	54.4M	54.2M	69.8M	29.8M	30.4M	25.8M	25.3M	21.5M	20.6M	15.1M	16.1M	12.3M	11.6M
Other Receivables	2.5M	1.2M	4.7M	29.8M	30.2M	0.0	10.3M	5.3M	17.3M	0.0	7.7M	14.8M	16.6M	4.7M	12.5M	2.6M	5.6M	12.6M	3.8M	0.0
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	5.7M	5.3M	5.7M	39M	4.2M	8.8M	10.7M	9.8M	7.5M	6.4M	6.1M	6.4M	4.7M	2.5M
Prepaids	7.1M	7.4M	5.2M	7.4M	24.5M	4M	0.0	19.9M	13.6M	16.4M	8.6M	4.3M	5.6M	4.5M	3.8M	3.8M	2.5M	2.3M	2.2M	2M
Other Current Assets	29.1M	9.8M	7.2M	26.7M	4.5M	1.1B	58.3M	7M	3.5M	0.0	907K	1.2M	963K	1M	3.3M	10M	11.4M	29.8M	906K	1.3M
Total Current Assets	97.4M	94.5M	176.1M	128.6M	166.4M	1.4B	239M	210.2M	172.9M	161.5M	127.9M	128.3M	98M	116.4M	64.5M	79.9M	52.6M	72.4M	41.1M	30.9M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	1.6B	1.5B	930.1M	741.4M	610.6M	490.8M	1.1B	701.4M	686.3M	698.1M	410M	405.9M	409M	365.5M	310.8M	280.1M	202.3M	175.6M	155.4M	155.6M
Goodwill	67.5M	67.1M	3.2M	3.2M	3.2M	3.2M	149.1M	146.5M	146.5M	145.3M	10K	0.0	0.0	10K	11M	11M	4.4M	4.5M	9.9M	9.9M
Intangible Assets	89.4M	90.7M	77.9M	78.3M	86.6M	103.5M	314.1M	366M	381M	454.5M	67M	68.3M	70.8M	74.9M	81.3M	90.4M	2.4M	3.2M	2.3M	2.8M
Goodwill & Intangible Assets	156.9M	157.7M	81.1M	81.5M	89.8M	106.8M	463.2M	512.5M	527.5M	599.8M	67M	68.3M	70.8M	74.9M	92.3M	101.4M	6.8M	7.7M	12.2M	12.7M
Long-Term Investments	16.5M	15.7M	11.7M	13M	13.7M	13.8M	12.4M	10.8M	11.5M	10.3M	10.7M	10.1M	9.3M	8.2M	8.3M	9.1M	8.7M	8.4M	-21M	-22.5M
Tax Assets	0.0	0.0	1.5M	0.0	0.0	0.0	136.5M	127.5M	100.9M	151.8M	74.9M	76.8M	74.5M	57.9M	51.7M	35.9M	29.6M	30.4M	21M	22.5M
Other Non-Current Assets	18.7M	14.2M	15.2M	13.3M	10.3M	6.4M	-83.1M	-77.6M	-87.2M	-137.1M	-61.8M	-70.1M	-64.6M	-52.2M	-36.6M	-28.9M	-28.4M	-28.6M	12.8M	8.6M
Total Non-Current Assets	1.8B	1.6B	1B	849.2M	724.4M	617.8M	1.6B	1.3B	1.2B	1.3B	500.8M	490.9M	499M	454.3M	415.5M	386.5M	219.1M	193.6M	180.4M	176.9M
Total Assets	1.9B	1.7B	1.2B	977.7M	890.7M	2B	1.9B	1.5B	1.4B	1.5B	628.7M	619.2M	597M	570.7M	480M	466.4M	271.7M	266M	221.5M	207.7M
LIABILITIES
CURRENT LIABILITIES
Total Payables	61.4M	57.8M	53.5M	49.2M	28.5M	27.6M	40.3M	36M	32.8M	79.9M	14.1M	11.2M	12.6M	31.7M	11.7M	12.2M	8.8M	5.6M	6.1M	7.4M
Accounts Payable	61.4M	57.8M	53.5M	49.2M	28.5M	19.6M	40.3M	36M	29M	72.8M	13M	11.2M	12.6M	31.7M	11.7M	12.2M	8.8M	5.6M	6.1M	7.4M
Other Payables	0.0	0.0	0.0	0.0	0.0	8M	0.0	0.0	3.9M	7.1M	1.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	3.2M	16.3M	11.7M	3.3M	4.8M	2.9M	11M	13.7M	2.8M	2.9M	7.6M	7.2M	9.8M	2.7M	9M	3.3M	4.1M	8.2M	8.3M	2M
Short Term Debt	0.0	9.2M	7.1M	648K	0.0	688.5M	31.7M	20.6M	64.4M	32M	22.5M	23M	5.8M	2M	21.9M	14.8M	4.6M	4.4M	4.2M	4.1M
Capital Lease Obligations (Current)	2.8M	3.1M	3.1M	2.8M	3.3M	2M	1.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-21.9M	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	0.0	0.0	0.0	1.1M	8M	3.8M	4.3M	3.9M	7.1M	1.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	23K
Deferred Revenue	16.9M	16.1M	0.0	12.4M	11.1M	8.6M	8.4M	7.9M	21.2M	20.4M	11.7M	12.4M	11.7M	11.2M	10.6M	8.1M	6.3M	5.2M	5.5M	5M
Other Current Liabilities	24.2M	12.1M	22.9M	28M	19.5M	478.5M	68.9M	18.2M	16.4M	29M	4.9M	5.5M	4.2M	21.8M	-19.6M	-263K	2.6M	1M	0.0	7.8M
Total Current Liabilities	108.5M	114.6M	98.4M	96.4M	67.3M	1.2B	147.3M	88.5M	137.6M	164.3M	61.2M	59.2M	44M	56.2M	33.7M	30.1M	20.1M	24.4M	24.1M	21.3M
NON-CURRENT LIABILITIES
Long Term Debt	628.2M	407.7M	292.8M	74.3M	0.0	0.0	688.5M	749.6M	757.6M	797.2M	177.2M	201.3M	224.3M	232.2M	180.6M	195.1M	33M	37M	17.7M	21.9M
Deferred Revenue (Non-Current)	27.2M	26.8M	18.2M	18.7M	19.7M	18.7M	-136.5M	-127.5M	14M	8.9M	-74.9M	14.1M	-74.5M	-57.9M	-51.7M	-35.9M	-29.6M	3.1M	0.0	0.0
Deferred Tax Liabilities (Non-Current)	157.6M	167.7M	88.1M	84.6M	86M	148.7M	136.5M	127.5M	100.9M	151.8M	74.9M	76.8M	74.5M	57.9M	51.7M	35.9M	29.6M	30.4M	21M	22.5M
Other Non-Current Liabilities	9.2M	10.1M	14.3M	13.7M	22.1M	24.3M	540.2M	204.4M	166.5M	227M	12.1M	23.7M	19.9M	16.7M	12.2M	11.3M	10M	3.5M	6.2M	4.3M
Total Non-Current Liabilities	833M	624.7M	463.2M	243.3M	181.2M	239.3M	1.2B	954M	924.1M	1B	277.6M	301.7M	318.7M	306.7M	248.7M	246.1M	76M	74M	46.3M	51.3M
Capital Lease Obligations	13.5M	15.4M	52.8M	54.8M	56.6M	49.6M	395.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.5M
Total Liabilities	941.5M	739.2M	561.6M	339.7M	248.5M	1.4B	1.4B	1B	1.1B	1.2B	338.8M	360.9M	362.7M	362.9M	282.3M	276.1M	96.1M	98.4M	70.4M	72.5M
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	863K	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	44.8M	45.5M	32.8M	29.7M	26.8M	24.7M	22M	19.8M	17.9M	16.1M	14.7M	11.3M
Additional Paid-In Capital	157.2M	147.7M	66.9M	57.5M	49.4M	47.3M	42.1M	47.5M	44.8M	0.0	0.0	0.0	0.0	24.7M	22M	0.0	0.0	16.1M	14.7M	11.3M
Retained Earnings	723.6M	769M	584.1M	580.6M	592.9M	534.4M	427M	386.5M	297.2M	243.6M	256.7M	227.5M	205M	184M	175.6M	170.5M	160.2M	154M	138.2M	125.7M
Accumulated Other Comprehensive Income/Loss	0.0	1.9M	1.7M	0.0	0.0	-4.7M	308K	8.3M	8.2M	6.8M	415K	1.1M	2.6M	-863K	-237.9M	0.0	-2.4M	-2.5M	-1.7M	-1.8M
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-24.7M	-22M	0.0	0.0	-16.1M	0.0	-11.3M
Total Stockholders' Equity	880.8M	918.6M	652.7M	638M	642.3M	577.1M	469.4M	442.2M	350.2M	295.9M	289.9M	258.3M	234.3M	207.8M	197.7M	190.3M	175.7M	167.6M	151.1M	135.2M
Total Equity	969.3M	1B	652.7M	638M	642.3M	577.1M	469.4M	442.2M	350.2M	295.9M	289.9M	258.3M	234.3M	207.8M	197.7M	190.3M	175.7M	167.6M	151.1M	135.2M
Minority Interest	88.5M	82.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	1.9B	1.7B	1.2B	977.7M	890.7M	2B	1.9B	1.5B	1.4B	1.5B	628.7M	619.2M	597M	570.7M	480M	466.4M	271.7M	266M	221.5M	207.7M
Total Investments	16.5M	15.7M	11.7M	13M	14.5M	13.8M	12.4M	10.8M	11.5M	10.3M	10.7M	10.1M	9.3M	8.2M	8.3M	18.2M	8.7M	8.4M	-21M	-22.5M
Total Debt	641.7M	432.3M	352.7M	129.8M	56.6M	738M	688.5M	749.6M	757.6M	797.2M	201.3M	224.3M	224.3M	232.2M	180.6M	195.1M	33M	41.4M	21.9M	28.5M
Net Debt	614.4M	386M	213.5M	85.7M	-27.7M	542.6M	586.8M	664.5M	679M	761M	124.4M	155.3M	185.9M	161.1M	164.7M	167.7M	20.9M	36.1M	4.7M	15.1M
Shares Outstanding	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100	54,898,100

SEC Filings

SHEN - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 01, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 01, 2026	May 01, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 23, 2026	April 21, 2026	2026	View Filing
DEF 14A DEF 14A 2025 N/A	March 09, 2026	December 31, 2025	2025	View Filing
S-3 S-3 N/A	February 26, 2026	February 26, 2026		View Filing
10-K 10-K 2025 FY FY	February 26, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 26, 2026	February 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 22, 2026	January 20, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 10, 2025	December 05, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 20, 2025	November 20, 2025	2025	View Filing

Showing 1 to 10 of 535 filings

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