Shenandoah Telecommunications Co (SHEN) financial statements (2021 and earlier)
Company profile
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019
| 12/31/2018
| 12/31/2017
| 12/31/2016
| 12/31/2015
| 12/31/2014
| 12/31/2013
|
|
ASSETS |
|
Current Assets |
|
Cash, cash equivalents, and short-term investments | 104 | 87 | 79 | 36 | 77 | 69 | 38 |
|
Cash and cash equivalents | 102 | 85 | 79 | 36 | 77 | 69 | 38 |
|
Short-term investments | 2 | 2 | | | | | |
|
Receivables | 74 | 60 | 71 | 70 | 37 | 45 | 26 |
|
Inventory, net of allowances, customer advances and progress billings | 6 | 5 | 6 | 39 | 4 | 9 | 11 |
|
Inventory | 6 | 5 | 6 | 39 | 4 | 9 | 11 |
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Prepaid expense | | 11 | 17 | | | | |
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Capitalized contract cost | 5 | | ✕ | ✕ | ✕ | ✕ | ✕ |
|
Derivative instruments and hedges, assets | 1 | 5 | | | | | |
|
Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 6 |
|
Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 17 |
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Other current assets | 3 | 2 | | | | | |
|
Other undisclosed current assets | 46 | 40 | | 16 | 9 | 5 | 1 |
|
Total current assets: | 239 | 210 | 173 | 161 | 128 | 128 | 98 |
|
Noncurrent Assets |
|
Operating lease, right-of-use asset | 393 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ |
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Property, plant and equipment | 700 | 701 | 686 | 698 | 410 | 406 | 409 |
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Long-term investments and receivables | 12 | 11 | 11 | 10 | 11 | 10 | 9 |
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Long-term investments | 12 | 11 | 11 | 10 | 11 | 10 | 9 |
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Intangible assets, net (including goodwill) | 463 | 513 | 527 | 600 | | 68 | 71 |
|
Goodwill | 149 | 146 | 146 | 145 | | | 0 |
|
Intangible assets, net (excluding goodwill) | 314 | 366 | 381 | 455 | | 68 | 71 |
|
Deferred costs | 53 | 50 | 14 | 15 | | 7 | 10 |
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Other noncurrent assets | | | | | 80 | 75 | |
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Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 81 |
|
Other undisclosed noncurrent assets | | | | | | (75) | (81) |
|
Total noncurrent assets: | 1,622 | 1,275 | 1,239 | 1,323 | 501 | 491 | 499 |
|
TOTAL ASSETS: | 1,861 | 1,485 | 1,412 | 1,484 | 629 | 619 | 597 |
|
LIABILITIES AND EQUITY |
|
Liabilities |
|
Current Liabilities |
|
Accounts payable and accrued liabilities | 65 | 60 | 52 | 112 | 27 | 24 | 13 |
|
Accounts payable | 40 | 36 | 29 | 73 | 13 | 11 | 13 |
|
Accrued liabilities | 14 | 15 | 14 | 29 | 8 | 7 | |
|
Employee-related liabilities | 10 | 9 | 9 | 9 | 6 | 5 | |
|
Taxes payable | | | | 0 | | | |
|
Deferred revenue | 8 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ |
|
Debt | 74 | 21 | 64 | 32 | 23 | 23 | 6 |
|
Customer advances and deposits | ✕ | ✕ | 21 | 20 | 12 | 12 | ✕ |
|
Contract with customer, liability | ✕ | 8 | ✕ | ✕ | ✕ | ✕ | ✕ |
|
Other undisclosed current liabilities | | | | | | | 26 |
|
Total current liabilities: | 147 | 89 | 138 | 164 | 61 | 59 | 44 |
|
Noncurrent Liabilities |
|
Long-term debt and lease obligation | 688 | 750 | 758 | 797 | | 201 | 224 |
|
Long-term debt, excluding current maturities | 688 | 750 | 758 | 797 | | 201 | 224 |
|
Liabilities, other than long-term debt, including: | 555 | 204 | 166 | 227 | 91 | 93 | 88 |
|
Asset retirement obligations | 37 | 29 | 21 | 16 | 7 | 7 | 6 |
|
Deferred tax liabilities, net | ✕ | | | | 75 | 77 | 75 |
|
Deferred income tax liabilities | 136 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ |
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Liability, pension and other postretirement and postemployment benefits | 13 | 12 | 13 | 18 | | | ✕ |
|
Other liabilities | 17 | 14 | 15 | 24 | 9 | 10 | 7 |
|
Other undisclosed liabilities, other than long-term debt | 352 | 150 | 117 | 170 | | | |
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Other undisclosed noncurrent liabilities | | | | | 8 | (194) | (218) |
|
Total noncurrent liabilities: | 1,244 | 954 | 924 | 1,024 | 99 | 100 | 94 |
|
Total liabilities: | 1,391 | 1,043 | 1,062 | 1,189 | 161 | 160 | 138 |
|
Stockholders' equity |
|
Stockholders' equity attributable to parent | 469 | 442 | 350 | 296 | 290 | 258 | 234 |
|
Common stock | | | 45 | 45 | 33 | 30 | 27 |
|
Additional paid in capital | 42 | 47 | | | | | |
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Accumulated other comprehensive income | 0 | 8 | 8 | 7 | 0 | 1 | 3 |
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Retained earnings | 427 | 387 | 297 | 244 | 257 | 228 | 205 |
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Total stockholders' equity: | 469 | 442 | 350 | 296 | 290 | 258 | 234 |
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Other undisclosed liabilities and equity | | | | | 178 | 201 | 224 |
|
TOTAL LIABILITIES AND EQUITY: | 1,861 | 1,485 | 1,412 | 1,484 | 629 | 619 | 597 |
Income statement (P&L) ($ in millions)
Comprehensive Income ($ in millions)
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission
(SEC)
through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from
the 10-K and 10-Q reports submitted
to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP
Taxonomy.
Please review the original filings
for a more detailed information.