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Shenandoah Telec is Among the Companies in the Wireless Telecommunication Services Industry With the Highest Debt to Asset Ratio (SHEN, S, TDS, USM, WIFI)

By Nick Russo

Below are the three companies in the Wireless Telecommunication Services industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.

Shenandoah Telec ranks highest with a a debt to asset ratio of 58.22. Following is Sprint Corp with a a debt to asset ratio of 47.85. Telephone & Data ranks third highest with a a debt to asset ratio of 26.43.

Us Cellular Corp follows with a a debt to asset ratio of 23.97, and Boingo Wireless rounds out the top five with a a debt to asset ratio of 1.73.

SmarTrend recommended that its subscribers protect gains by selling shares of Boingo Wireless on May 2nd, 2019 by issuing a Downtrend alert when the shares were trading at $22.49. Since that call, shares of Boingo Wireless have fallen 17.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest debt to asset ratio shenandoah telec sprint corp telephone & data us cellular corp boingo wireless

Ticker(s): SHEN S TDS USM WIFI