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-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 235 % -12.8%
Quick Ratio 69.6 % -29.6%
Debt-to-equity 57.3 % -88.9%
Return On Equity 6.01 % -79.4%
Return On Assets 4.04 % -77.3%
Operating Margin 15.8 % +1.16%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 3.8B USD +153%
Weighted Average Number of Shares Outstanding, Basic 167M shares -1.56%
Weighted Average Number of Shares Outstanding, Diluted 167M shares -1.52%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 423M USD -6.73%
Cost of Revenue 265M USD -11.5%
General and Administrative Expense 82.2M USD +10.9%
Operating Income (Loss) 66.6M USD -5.64%
Income Tax Expense (Benefit) 17.5M USD +182%
Net Income (Loss) Attributable to Parent 32.9M USD -75.8%
Earnings Per Share, Basic 0.19 USD/shares -83.2%
Earnings Per Share, Diluted 0.19 USD/shares -78.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 11.1M USD +20.4%
Accounts Receivable, after Allowance for Credit Loss, Current 95.3M USD -12.5%
Inventory, Net 65.9M USD +8.03%
Other Assets, Current 4.72M USD -29.2%
Assets, Current 191M USD -11%
Deferred Income Tax Assets, Net 460M USD -3.58%
Property, Plant and Equipment, Net 28.1M USD +23.1%
Operating Lease, Right-of-Use Asset 2.87M USD -29.3%
Goodwill 69.9M USD 0%
Other Assets, Noncurrent 9.55M USD +72.3%
Assets 801M USD -4.62%
Accounts Payable, Current 23.7M USD +42.9%
Employee-related Liabilities, Current 4.48M USD -50.5%
Accrued Liabilities, Current 14.8M USD +73%
Contract with Customer, Liability, Current 20.6M USD -23.9%
Liabilities, Current 91.9M USD +8.89%
Operating Lease, Liability, Noncurrent 2.12M USD -35%
Other Liabilities, Noncurrent 2.44M USD -27.3%
Liabilities 256M USD -18.8%
Retained Earnings (Accumulated Deficit) 90.8M USD +56.8%
Stockholders' Equity Attributable to Parent 545M USD +87%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 545M USD +3.92%
Liabilities and Equity 801M USD -4.62%

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 11.1M USD +20.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 7.3M USD +40.5%
Deferred Tax Assets, Valuation Allowance 988K USD
Deferred Tax Assets, Gross 481M USD +64.8%
Operating Lease, Liability 3.26M USD -26.3%
Depreciation 4.5M USD +95.7%
Payments to Acquire Property, Plant, and Equipment 2.48M USD +24%
Lessee, Operating Lease, Liability, to be Paid 3.49M USD -27.7%
Property, Plant and Equipment, Gross 40.4M USD +27.7%
Operating Lease, Liability, Current 1.14M USD -1.89%
Lessee, Operating Lease, Liability, to be Paid, Year Two 958K USD -24%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.26M USD -5.68%
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 238K USD -42.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 950K USD -0.84%
Deferred Tax Assets, Operating Loss Carryforwards 5.38M USD +16.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 604K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 325K USD -65.8%
Operating Lease, Payments 288K USD
Additional Paid in Capital 480M USD +2.78%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 200K USD
Amortization of Intangible Assets 7.6M USD -6.17%
Depreciation, Depletion and Amortization 3M USD +19.7%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 499K USD
Deferred Tax Assets, Net of Valuation Allowance 480M USD +64.5%
Share-based Payment Arrangement, Expense 14.3M USD -32.5%
Operating Leases, Future Minimum Payments, Due in Three Years 58K USD
Operating Leases, Future Minimum Payments Due 1.25M USD
Interest Expense 22.5M USD +8.54%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%