Shenandoah Common Stock vs Short Long Term Debt Analysis
SHEN Stock | USD 12.59 0.13 1.04% |
Shenandoah Telecommunicatio financial indicator trend analysis is much more than just breaking down Shenandoah Telecommunicatio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenandoah Telecommunicatio is a good investment. Please check the relationship between Shenandoah Telecommunicatio Common Stock and its Short Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shenandoah Telecommunications Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Common Stock vs Short Long Term Debt
Common Stock vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenandoah Telecommunicatio Common Stock account and Short Long Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Shenandoah Telecommunicatio's Common Stock and Short Long Term Debt is 0.2. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Shenandoah Telecommunications Co, assuming nothing else is changed. The correlation between historical values of Shenandoah Telecommunicatio's Common Stock and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Shenandoah Telecommunications Co are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Common Stock i.e., Shenandoah Telecommunicatio's Common Stock and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Short Long Term Debt
The total of a company's short-term and long-term borrowings.Most indicators from Shenandoah Telecommunicatio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenandoah Telecommunicatio current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shenandoah Telecommunications Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Shenandoah Telecommunicatio's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Discontinued Operations is likely to grow to about 1.2 B, while Selling General Administrative is likely to drop about 67 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 984.1M | 9.2M | 10.6M | 10.0M | Depreciation And Amortization | 55.6M | 69.4M | 66.1M | 51.3M |
Shenandoah Telecommunicatio fundamental ratios Correlations
Click cells to compare fundamentals
Shenandoah Telecommunicatio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenandoah Telecommunicatio fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 2.0B | 890.7M | 977.7M | 1.2B | 1.3B | |
Short Long Term Debt Total | 762.8M | 738.0M | 56.6M | 128.3M | 352.7M | 216.8M | |
Other Current Liab | 24.4M | 486.0M | 19.9M | 43.8M | 34.6M | 27.6M | |
Total Current Liabilities | 147.3M | 755.9M | 67.3M | 100.2M | 98.4M | 72.0M | |
Total Stockholder Equity | 469.4M | 582.4M | 642.3M | 638.0M | 652.7M | 685.3M | |
Property Plant And Equipment Net | 1.1B | 490.8M | 610.6M | 741.4M | 930.1M | 976.6M | |
Net Debt | 586.8M | 542.6M | (27.7M) | 84.2M | 213.5M | 168.5M | |
Retained Earnings | 427.0M | 539.8M | 592.9M | 580.6M | 584.1M | 613.3M | |
Accounts Payable | 40.3M | 19.6M | 28.5M | 49.2M | 53.5M | 56.2M | |
Cash | 101.7M | 195.4M | 84.3M | 44.1M | 139.3M | 146.2M | |
Non Current Assets Total | 1.6B | 623.0M | 724.4M | 849.2M | 1.0B | 1.1B | |
Non Currrent Assets Other | (83.1M) | (139.0M) | 610.6M | (71.3M) | 8.4M | 8.9M | |
Cash And Short Term Investments | 101.7M | 195.4M | 84.3M | 44.1M | 139.3M | 146.2M | |
Net Receivables | 118.7M | 70.4M | 52.2M | 50.4M | 24.5M | 30.9M | |
Common Stock Shares Outstanding | 50.1M | 50.0M | 50.1M | 50.2M | 50.7M | 52.0M | |
Short Term Investments | 4.9M | 1.4M | 13.8M | 801K | 1.4M | 2.7M | |
Liabilities And Stockholders Equity | 1.9B | 2.0B | 890.7M | 977.7M | 1.2B | 1.3B | |
Non Current Liabilities Total | 1.2B | 693.5M | 181.2M | 239.5M | 463.2M | 284.5M | |
Inventory | 5.7M | 1.1B | (136.5M) | 22.6M | 9.8M | 9.3M | |
Other Current Assets | 137.4M | 1.1B | 27.3M | 34.1M | 12.3M | 11.7M | |
Other Stockholder Equity | 42.1M | 47.3M | 49.4M | 57.5M | 66.9M | 58.4M | |
Total Liab | 1.4B | 1.4B | 248.5M | 339.7M | 561.6M | 356.5M | |
Property Plant And Equipment Gross | 1.1B | 490.8M | 1.1B | 741.4M | 1.4B | 1.5B | |
Total Current Assets | 239.0M | 1.4B | 166.4M | 128.6M | 176.1M | 128.5M | |
Accumulated Other Comprehensive Income | 8.3M | 308K | (4.7M) | 1.7M | 1.5M | 1.6M | |
Short Term Debt | 74.3M | 694.5M | 6.6M | 3.5M | 10.2M | 9.7M | |
Current Deferred Revenue | 8.4M | 8.6M | 11.1M | 12.4M | (104K) | (98.8K) | |
Intangible Assets | 314.1M | 103.5M | 86.6M | 78.3M | 77.9M | 107.7M | |
Other Liab | 201.4M | 193.7M | 127.9M | 117.0M | 134.6M | 70.8M | |
Other Assets | 52.1M | 75.8M | 12.6M | 15.1M | 17.4M | 13.6M | |
Long Term Debt | 757.6M | 749.6M | 688.5M | 74.3M | 292.8M | 245.4M | |
Property Plant Equipment | 700.1M | 440.4M | 610.6M | 687.6M | 790.7M | 830.2M | |
Net Tangible Assets | 6.2M | 475.6M | 552.4M | 638.0M | 733.7M | 770.4M | |
Retained Earnings Total Equity | 427.0M | 539.8M | 592.9M | 580.6M | 667.6M | 701.0M | |
Long Term Debt Total | 757.6M | 749.6M | 688.5M | 74.3M | 85.5M | 81.2M | |
Capital Surpluse | 42.1M | 47.3M | 49.4M | 57.5M | 66.1M | 48.7M | |
Deferred Long Term Liab | 6.1M | 10.3M | 5.6M | 5.8M | 5.3M | 5.0M |
Pair Trading with Shenandoah Telecommunicatio
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Shenandoah Telecommunicatio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Shenandoah Telecommunicatio will appreciate offsetting losses from the drop in the long position's value.Moving against Shenandoah Stock
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The ability to find closely correlated positions to Shenandoah Telecommunicatio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shenandoah Telecommunicatio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Shenandoah Telecommunicatio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Shenandoah Telecommunications Co to buy it.
The correlation of Shenandoah Telecommunicatio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shenandoah Telecommunicatio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shenandoah Telecommunicatio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Shenandoah Telecommunicatio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shenandoah Telecommunications Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shenandoah Telecommunicatio. If investors know Shenandoah will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shenandoah Telecommunicatio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 116.295 | Dividend Share 0.09 | Earnings Share (0.27) | Revenue Per Share 6.243 | Quarterly Revenue Growth 0.3 |
The market value of Shenandoah Telecommunicatio is measured differently than its book value, which is the value of Shenandoah that is recorded on the company's balance sheet. Investors also form their own opinion of Shenandoah Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Shenandoah Telecommunicatio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shenandoah Telecommunicatio's market value can be influenced by many factors that don't directly affect Shenandoah Telecommunicatio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shenandoah Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shenandoah Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shenandoah Telecommunicatio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.