Shenandoah Property Plant And Equipment Gross vs Total Assets Analysis

SHEN Stock  USD 13.26  0.67  5.32%   
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 Property Plant And Equipment Gross and its Total Assets 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.

Property Plant And Equipment Gross vs Total Assets

Property Plant And Equipment Gross vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenandoah Telecommunicatio Property Plant And Equipment Gross account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shenandoah Telecommunicatio's Property Plant And Equipment Gross and Total Assets is 0.54. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Assets 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 Property Plant And Equipment Gross and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Shenandoah Telecommunications Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Shenandoah Telecommunicatio's Property Plant And Equipment Gross and Total Assets go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Gross

Total Assets

Total assets refers to the total amount of Shenandoah Telecommunicatio assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Shenandoah Telecommunicatio books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Expense984.1M9.2M10.6M10.0M
Depreciation And Amortization55.6M69.4M66.1M51.3M

Shenandoah Telecommunicatio fundamental ratios Correlations

0.830.560.670.630.740.770.610.560.710.8-0.20.70.780.770.720.550.820.50.58-0.220.910.540.620.620.56
0.830.360.50.140.460.990.110.40.360.74-0.450.350.750.480.350.420.960.360.45-0.260.960.170.430.150.41
0.560.360.980.32-0.010.290.34-0.060.66-0.04-0.190.670.260.250.210.90.190.990.99-0.090.53-0.060.990.320.99
0.670.50.980.340.090.430.350.030.670.1-0.240.680.40.320.270.880.350.970.98-0.110.66-0.010.990.320.98
0.630.140.320.340.770.061.00.580.720.530.320.710.290.830.90.280.160.20.24-0.060.260.840.340.920.25
0.740.46-0.010.090.770.410.750.780.530.90.010.530.580.840.86-0.010.58-0.09-0.03-0.160.50.90.040.73-0.04
0.770.990.290.430.060.410.030.410.250.73-0.490.240.710.420.280.360.950.30.39-0.260.920.110.350.080.34
0.610.110.340.351.00.750.030.550.720.50.340.720.290.810.890.290.140.220.26-0.050.250.830.360.920.26
0.560.4-0.060.030.580.780.410.550.280.76-0.060.270.310.720.63-0.120.46-0.13-0.1-0.260.380.72-0.060.5-0.14
0.710.360.660.670.720.530.250.720.280.350.011.00.280.680.740.660.280.610.62-0.060.480.580.70.690.64
0.80.74-0.040.10.530.90.730.50.760.35-0.130.350.740.760.70.020.84-0.1-0.01-0.230.710.690.030.51-0.04
-0.2-0.45-0.19-0.240.320.01-0.490.34-0.060.01-0.130.01-0.140.090.13-0.18-0.38-0.32-0.240.0-0.390.31-0.180.28-0.22
0.70.350.670.680.710.530.240.720.271.00.350.010.280.680.730.660.280.610.62-0.060.480.580.70.690.64
0.780.750.260.40.290.580.710.290.310.280.74-0.140.280.480.430.190.850.210.34-0.180.830.260.340.280.31
0.770.480.250.320.830.840.420.810.720.680.760.090.680.480.910.220.490.140.19-0.260.520.790.280.710.18
0.720.350.210.270.90.860.280.890.630.740.70.130.730.430.910.190.370.120.16-0.050.40.850.260.770.16
0.550.420.90.880.28-0.010.360.29-0.120.660.02-0.180.660.190.220.190.250.90.91-0.140.54-0.030.910.390.91
0.820.960.190.350.160.580.950.140.460.280.84-0.380.280.850.490.370.250.180.29-0.250.930.260.270.210.24
0.50.360.990.970.2-0.090.30.22-0.130.61-0.1-0.320.610.210.140.120.90.180.98-0.050.52-0.160.970.220.99
0.580.450.990.980.24-0.030.390.26-0.10.62-0.01-0.240.620.340.190.160.910.290.98-0.060.61-0.120.990.260.99
-0.22-0.26-0.09-0.11-0.06-0.16-0.26-0.05-0.26-0.06-0.230.0-0.06-0.18-0.26-0.05-0.14-0.25-0.05-0.06-0.24-0.12-0.07-0.11-0.05
0.910.960.530.660.260.50.920.250.380.480.71-0.390.480.830.520.40.540.930.520.61-0.240.210.60.290.57
0.540.17-0.06-0.010.840.90.110.830.720.580.690.310.580.260.790.85-0.030.26-0.16-0.12-0.120.21-0.020.79-0.11
0.620.430.990.990.340.040.350.36-0.060.70.03-0.180.70.340.280.260.910.270.970.99-0.070.6-0.020.350.99
0.620.150.320.320.920.730.080.920.50.690.510.280.690.280.710.770.390.210.220.26-0.110.290.790.350.25
0.560.410.990.980.25-0.040.340.26-0.140.64-0.04-0.220.640.310.180.160.910.240.990.99-0.050.57-0.110.990.25
Click cells to compare fundamentals

Shenandoah Telecommunicatio Account Relationship Matchups

Shenandoah Telecommunicatio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.0B890.7M977.7M1.2B1.3B
Short Long Term Debt Total762.8M738.0M56.6M128.3M352.7M216.8M
Other Current Liab24.4M486.0M19.9M43.8M34.6M27.6M
Total Current Liabilities147.3M755.9M67.3M100.2M98.4M72.0M
Total Stockholder Equity469.4M582.4M642.3M638.0M652.7M685.3M
Property Plant And Equipment Net1.1B490.8M610.6M741.4M930.1M976.6M
Net Debt586.8M542.6M(27.7M)84.2M213.5M168.5M
Retained Earnings427.0M539.8M592.9M580.6M584.1M613.3M
Accounts Payable40.3M19.6M28.5M49.2M53.5M56.2M
Cash101.7M195.4M84.3M44.1M139.3M146.2M
Non Current Assets Total1.6B623.0M724.4M849.2M1.0B1.1B
Non Currrent Assets Other(83.1M)(139.0M)610.6M(71.3M)8.4M8.9M
Cash And Short Term Investments101.7M195.4M84.3M44.1M139.3M146.2M
Net Receivables118.7M70.4M52.2M50.4M24.5M30.9M
Common Stock Shares Outstanding50.1M50.0M50.1M50.2M50.7M52.0M
Short Term Investments4.9M1.4M13.8M801K1.4M2.7M
Liabilities And Stockholders Equity1.9B2.0B890.7M977.7M1.2B1.3B
Non Current Liabilities Total1.2B693.5M181.2M239.5M463.2M284.5M
Inventory5.7M1.1B(136.5M)22.6M9.8M9.3M
Other Current Assets137.4M1.1B27.3M34.1M12.3M11.7M
Other Stockholder Equity42.1M47.3M49.4M57.5M66.9M58.4M
Total Liab1.4B1.4B248.5M339.7M561.6M356.5M
Property Plant And Equipment Gross1.1B490.8M1.1B741.4M1.4B1.5B
Total Current Assets239.0M1.4B166.4M128.6M176.1M128.5M
Accumulated Other Comprehensive Income8.3M308K(4.7M)1.7M1.5M1.6M
Short Term Debt74.3M694.5M6.6M3.5M10.2M9.7M
Current Deferred Revenue8.4M8.6M11.1M12.4M(104K)(98.8K)
Intangible Assets314.1M103.5M86.6M78.3M77.9M107.7M
Other Liab201.4M193.7M127.9M117.0M134.6M70.8M
Other Assets52.1M75.8M12.6M15.1M17.4M13.6M
Long Term Debt757.6M749.6M688.5M74.3M292.8M245.4M
Property Plant Equipment700.1M440.4M610.6M687.6M790.7M830.2M
Net Tangible Assets6.2M475.6M552.4M638.0M733.7M770.4M
Retained Earnings Total Equity427.0M539.8M592.9M580.6M667.6M701.0M
Long Term Debt Total757.6M749.6M688.5M74.3M85.5M81.2M
Capital Surpluse42.1M47.3M49.4M57.5M66.1M48.7M
Deferred Long Term Liab6.1M10.3M5.6M5.8M5.3M5.0M

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.
Pair CorrelationCorrelation Matching
When determining whether Shenandoah Telecommunicatio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shenandoah Telecommunicatio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shenandoah Telecommunications Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shenandoah Telecommunications Co Stock:
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.