Shoals Technologies Group, Inc. financial data

Symbol
SHLS on Nasdaq
Industry
Semiconductors & Related Devices
Location
1400 Shoals Way, Portland, TN
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Feb 25, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 231 % -10.6%
Quick Ratio 73 % -8.98%
Debt-to-equity 57.3 % -88.9%
Return On Equity 4.39 % -42.3%
Return On Assets 3.01 % -37.7%
Operating Margin 12.8 % -20.7%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 878M USD -76.9%
Weighted Average Number of Shares Outstanding, Basic 169M shares +2.68%
Weighted Average Number of Shares Outstanding, Diluted 169M shares +2.57%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 399M USD -18.4%
Cost of Revenue 257M USD -19.8%
General and Administrative Expense 82.3M USD +1.9%
Operating Income (Loss) 51.2M USD -35.3%
Income Tax Expense (Benefit) 13.7M USD +11.9%
Net Income (Loss) Attributable to Parent 24.1M USD -39.6%
Earnings Per Share, Basic 0.14 USD/shares -41.7%
Earnings Per Share, Diluted 0.14 USD/shares -41.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 23.5M USD +3.54%
Accounts Receivable, after Allowance for Credit Loss, Current 78.2M USD -27%
Inventory, Net 56M USD +6.01%
Other Assets, Current 9.85M USD +123%
Assets, Current 188M USD -17.1%
Deferred Income Tax Assets, Net 454M USD -3%
Property, Plant and Equipment, Net 28.2M USD +13.6%
Operating Lease, Right-of-Use Asset 1.79M USD -37.8%
Goodwill 69.9M USD 0%
Other Assets, Noncurrent 11.3M USD +119%
Assets 793M USD -6.03%
Accounts Payable, Current 20M USD +39.2%
Employee-related Liabilities, Current 5.01M USD -53.6%
Contract with Customer, Liability, Current 18.7M USD -15.7%
Liabilities, Current 80.9M USD -12.7%
Operating Lease, Liability, Noncurrent 1.24M USD -41.6%
Other Liabilities, Noncurrent 2.23M USD -28.4%
Liabilities 236M USD -21%
Retained Earnings (Accumulated Deficit) 98.6M USD +32.4%
Stockholders' Equity Attributable to Parent 545M USD +87%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 557M USD +2.17%
Liabilities and Equity 793M USD -6.03%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 12.9M USD +29.7%
Net Cash Provided by (Used in) Financing Activities -17.8M USD -74.7%
Net Cash Provided by (Used in) Investing Activities -2.48M USD -24%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -7.47M USD -224%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 23.5M USD +3.54%
Interest Paid, Excluding Capitalized Interest, Operating Activities 7.3M USD +40.5%
Deferred Tax Assets, Valuation Allowance 3.1M USD +214%
Deferred Tax Assets, Gross 467M USD -2.9%
Operating Lease, Liability 2.12M USD -35%
Depreciation 5M USD +92.3%
Payments to Acquire Property, Plant, and Equipment 2.48M USD +24%
Lessee, Operating Lease, Liability, to be Paid 2.23M USD -36.1%
Property, Plant and Equipment, Gross 41.3M USD +20%
Operating Lease, Liability, Current 881K USD -22.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 950K USD -0.84%
Lessee, Operating Lease, Liability, to be Paid, Year One 958K USD -24%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 2.5M USD -16.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 117K USD -50.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 325K USD -65.8%
Deferred Tax Assets, Operating Loss Carryforwards 27.3M USD +407%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 325K USD -65.8%
Additional Paid in Capital 484M USD +2.76%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 7.6M USD -3.8%
Depreciation, Depletion and Amortization 3M USD +19.7%
Deferred Tax Assets, Net of Valuation Allowance 464M USD -3.34%
Share-based Payment Arrangement, Expense 14.2M USD -32.1%
Interest Expense 22.5M USD +8.54%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%