Shoals Interest Expense from 2010 to 2024

SHLS Stock  USD 5.16  0.06  1.15%   
Shoals Technologies Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2019-12-31
Previous Quarter
3.1 M
Current Value
3.1 M
Quarterly Volatility
M
 
Covid
Check Shoals Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shoals Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.8 M, Interest Expense of 25.3 M or Selling General Administrative of 84.8 M, as well as many indicators such as Price To Sales Ratio of 4.96, Dividend Yield of 0.0716 or PTB Ratio of 4.45. Shoals financial statements analysis is a perfect complement when working with Shoals Technologies Valuation or Volatility modules.
  
Check out the analysis of Shoals Technologies Correlation against competitors.

Latest Shoals Technologies' Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Shoals Technologies Group over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Shoals Technologies' Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shoals Technologies' overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Shoals Interest Expense Regression Statistics

Arithmetic Mean7,316,600
Geometric Mean4,298,702
Coefficient Of Variation117.95
Mean Deviation7,096,747
Median2,440,000
Standard Deviation8,629,642
Sample Variance74.5T
Range23.5M
R-Value0.78
Mean Square Error31.5T
R-Squared0.61
Significance0.0006
Slope1,503,018
Total Sum of Squares1042.6T

Shoals Interest Expense History

202425.3 M
202324.1 M
202218.5 M
202114.5 M
20203.5 M
20191.8 M

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Interest Expense, to determine how well the company is positioned to perform in the future. Although Shoals Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Shoals Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Shoals Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense24.1 M25.3 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Shoals Stock Analysis

When running Shoals Technologies' price analysis, check to measure Shoals Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shoals Technologies is operating at the current time. Most of Shoals Technologies' value examination focuses on studying past and present price action to predict the probability of Shoals Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoals Technologies' price. Additionally, you may evaluate how the addition of Shoals Technologies to your portfolios can decrease your overall portfolio volatility.