Shoals Historical Balance Sheet

SHLS Stock

USD 5.16 0.23 4.27%

Trend analysis of Shoals Technologies Group balance sheet accounts such as Total Stockholder Equity of 584.6 M, Net Tangible Assets of 199.1 M, Property Plant And Equipment Net of 19.2 M or Net Debt of 182.2 M provides information on Shoals Technologies' total assets, liabilities, and equity, which is the actual value of Shoals Technologies to its prevalent stockholders. By breaking down trends over time using Shoals Technologies balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Shoals Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Shoals Technologies is a good buy for the upcoming year.

Shoals Technologies Inventory

39.9 Million

Build AI portfolio with Shoals Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shoals Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Shoals Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Shoals Technologies at a specified time, usually calculated after every quarter, six months, or one year. Shoals Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shoals Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Shoals currently owns. An asset can also be divided into two categories, current and non-current.

Shoals Technologies Balance Sheet Chart

At this time, Shoals Technologies' Other Current Assets are comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 481.1 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 49.9 M in 2025.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

Add Fundamental

Total Assets

Total assets refers to the total amount of Shoals Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Shoals Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Shoals Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Shoals Technologies Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Shoals Technologies' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Shoals Technologies current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shoals Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	239.1M	184.7M	141.8M	194.4M
Total Assets	594.9M	844.0M	793.1M	507.1M

Short Long Term Debt Total Total Assets

Shoals Technologies balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Net Working Capital
Total Assets		0.51	0.92	0.98	0.78	0.63	0.98	0.46	0.72	0.91	1.0	0.48	0.91	0.96	0.94	-0.06	0.52	0.92	0.81	0.89	0.64	0.95	0.98	-0.39	0.99	0.99
Short Long Term Debt Total	0.51		0.47	0.53	0.01	-0.2	0.5	1.0	0.73	0.58	0.49	0.89	0.58	0.44	0.56	-0.39	0.96	0.62	0.43	0.25	0.96	0.7	0.51	-0.34	0.55	0.55
Other Current Liab	0.92	0.47		0.94	0.86	0.65	0.95	0.42	0.68	0.91	0.92	0.48	0.91	0.94	0.84	0.1	0.45	0.77	0.84	0.92	0.58	0.9	0.91	-0.32	0.93	0.91
Total Current Liabilities	0.98	0.53	0.94		0.76	0.59	0.98	0.47	0.73	0.96	0.97	0.54	0.96	0.97	0.89	0.0	0.51	0.87	0.76	0.88	0.64	0.96	0.97	-0.26	0.99	0.97
Total Stockholder Equity	0.78	0.01	0.86	0.76		0.93	0.77	-0.05	0.34	0.67	0.78	0.1	0.67	0.78	0.69	0.38	0.0	0.63	0.79	0.94	0.14	0.64	0.76	-0.19	0.76	0.75
Net Tangible Assets	0.63	-0.2	0.65	0.59	0.93		0.57	-0.25	0.08	0.45	0.64	-0.09	0.45	0.61	0.56	0.45	-0.21	0.57	0.64	0.84	-0.08	0.45	0.59	-0.1	0.61	0.61
Property Plant And Equipment Net	0.98	0.5	0.95	0.98	0.77	0.57		0.44	0.77	0.96	0.97	0.49	0.96	0.96	0.91	-0.03	0.5	0.83	0.81	0.87	0.63	0.95	0.99	-0.35	0.97	0.95
Net Debt	0.46	1.0	0.42	0.47	-0.05	-0.25	0.44		0.7	0.52	0.44	0.88	0.52	0.39	0.52	-0.41	0.96	0.59	0.4	0.2	0.95	0.66	0.46	-0.34	0.5	0.51
Accounts Payable	0.72	0.73	0.68	0.73	0.34	0.08	0.77	0.7		0.79	0.72	0.52	0.79	0.63	0.81	-0.49	0.81	0.66	0.74	0.59	0.86	0.76	0.79	-0.18	0.7	0.67
Cash	0.91	0.58	0.91	0.96	0.67	0.45	0.96	0.52	0.79		0.9	0.61	1.0	0.91	0.82	0.04	0.53	0.76	0.73	0.81	0.65	0.94	0.93	-0.15	0.92	0.88
Non Current Assets Total	1.0	0.49	0.92	0.97	0.78	0.64	0.97	0.44	0.72	0.9		0.46	0.9	0.95	0.95	-0.08	0.51	0.92	0.82	0.89	0.64	0.94	0.98	-0.4	0.99	0.99
Long Term Debt	0.48	0.89	0.48	0.54	0.1	-0.09	0.49	0.88	0.52	0.61	0.46		0.61	0.47	0.43	0.04	0.73	0.57	0.33	0.24	0.76	0.73	0.47	-0.3	0.54	0.54
Cash And Short Term Investments	0.91	0.58	0.91	0.96	0.67	0.45	0.96	0.52	0.79	1.0	0.9	0.61		0.91	0.82	0.04	0.53	0.76	0.73	0.81	0.65	0.94	0.93	-0.15	0.92	0.88
Net Receivables	0.96	0.44	0.94	0.97	0.78	0.61	0.96	0.39	0.63	0.91	0.95	0.47	0.91		0.82	0.03	0.43	0.8	0.68	0.86	0.57	0.91	0.92	-0.32	0.97	0.96
Good Will	0.94	0.56	0.84	0.89	0.69	0.56	0.91	0.52	0.81	0.82	0.95	0.43	0.82	0.82		-0.24	0.62	0.93	0.9	0.85	0.72	0.89	0.96	-0.4	0.91	0.92
Common Stock Shares Outstanding	-0.06	-0.39	0.1	0.0	0.38	0.45	-0.03	-0.41	-0.49	0.04	-0.08	0.04	0.04	0.03	-0.24		-0.61	-0.13	-0.06	0.13	-0.54	-0.03	-0.08	0.17	-0.03	-0.06
Non Current Liabilities Total	0.52	0.96	0.45	0.51	0.0	-0.21	0.5	0.96	0.81	0.53	0.51	0.73	0.53	0.43	0.62	-0.61		0.62	0.48	0.27	0.99	0.65	0.52	-0.37	0.54	0.55
Inventory	0.92	0.62	0.77	0.87	0.63	0.57	0.83	0.59	0.66	0.76	0.92	0.57	0.76	0.8	0.93	-0.13	0.62		0.77	0.78	0.72	0.9	0.88	-0.41	0.92	0.94
Other Current Assets	0.81	0.43	0.84	0.76	0.79	0.64	0.81	0.4	0.74	0.73	0.82	0.33	0.73	0.68	0.9	-0.06	0.48	0.77		0.87	0.57	0.75	0.85	-0.32	0.77	0.76
Other Stockholder Equity	0.89	0.25	0.92	0.88	0.94	0.84	0.87	0.2	0.59	0.81	0.89	0.24	0.81	0.86	0.85	0.13	0.27	0.78	0.87		0.4	0.77	0.87	-0.12	0.88	0.86
Total Liab	0.64	0.96	0.58	0.64	0.14	-0.08	0.63	0.95	0.86	0.65	0.64	0.76	0.65	0.57	0.72	-0.54	0.99	0.72	0.57	0.4		0.76	0.64	-0.38	0.66	0.67
Net Invested Capital	0.95	0.7	0.9	0.96	0.64	0.45	0.95	0.66	0.76	0.94	0.94	0.73	0.94	0.91	0.89	-0.03	0.65	0.9	0.75	0.77	0.76		0.94	-0.4	0.96	0.95
Property Plant And Equipment Gross	0.98	0.51	0.91	0.97	0.76	0.59	0.99	0.46	0.79	0.93	0.98	0.47	0.93	0.92	0.96	-0.08	0.52	0.88	0.85	0.87	0.64	0.94		-0.37	0.96	0.95
Short Long Term Debt	-0.39	-0.34	-0.32	-0.26	-0.19	-0.1	-0.35	-0.34	-0.18	-0.15	-0.4	-0.3	-0.15	-0.32	-0.4	0.17	-0.37	-0.41	-0.32	-0.12	-0.38	-0.4	-0.37		-0.35	-0.41
Total Current Assets	0.99	0.55	0.93	0.99	0.76	0.61	0.97	0.5	0.7	0.92	0.99	0.54	0.92	0.97	0.91	-0.03	0.54	0.92	0.77	0.88	0.66	0.96	0.96	-0.35		0.99
Net Working Capital	0.99	0.55	0.91	0.97	0.75	0.61	0.95	0.51	0.67	0.88	0.99	0.54	0.88	0.96	0.92	-0.06	0.55	0.94	0.76	0.86	0.67	0.95	0.95	-0.41	0.99

Click cells to compare fundamentals

Shoals Technologies Account Relationship Matchups

Shoals Technologies balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	195.3M	426.4M	594.9M	844.0M	793.1M	507.1M
Short Long Term Debt Total	358.8M	247.1M	239.1M	184.7M	141.8M	194.4M
Other Current Liab	6.0M	9.6M	16.7M	52.9M	42.1M	44.3M
Total Current Liabilities	24.1M	31.6M	52.6M	92.6M	80.9M	49.9M
Total Stockholder Equity	(184.1M)	2.6M	291.4M	545.0M	556.8M	584.6M
Net Tangible Assets	19.8M	(306.3M)	(132.1M)	164.8M	189.6M	199.1M
Property Plant And Equipment Net	12.8M	15.6M	16.9M	27.7M	28.2M	19.2M
Net Debt	348.8M	242.0M	230.3M	162.0M	118.2M	182.2M
Accounts Payable	14.6M	20.0M	9.5M	14.4M	20.0M	14.9M
Cash	10.1M	5.0M	8.8M	22.7M	23.5M	12.1M
Non Current Assets Total	139.2M	333.0M	441.4M	616.8M	604.7M	381.0M
Long Term Debt	355.3M	55.1M	237.1M	179.4M	141.8M	160.0M
Cash And Short Term Investments	10.1M	5.0M	8.8M	22.7M	23.5M	12.1M
Net Receivables	30.8M	45.0M	67.3M	147.3M	99.0M	70.0M
Common Stock Shares Outstanding	160.3M	112.0M	167.6M	164.5M	168.7M	173.9M
Liabilities And Stockholders Equity	195.3M	426.4M	594.9M	844.0M	793.1M	507.1M
Non Current Liabilities Total	355.3M	402.4M	241.3M	206.4M	155.4M	221.6M
Inventory	15.1M	38.4M	72.9M	52.8M	56.0M	39.9M
Other Current Assets	155K	5.0M	4.6M	4.4M	9.8M	10.3M
Other Stockholder Equity	(184.1M)	95.7M	256.9M	470.5M	458.2M	481.1M
Total Liab	379.4M	433.9M	293.9M	299.0M	236.3M	271.5M
Net Invested Capital	358.8M	249.6M	530.4M	726.4M	698.6M	413.2M
Property Plant And Equipment Gross	12.8M	21.2M	24.2M	34.4M	41.3M	24.4M
Total Current Assets	56.1M	93.4M	153.5M	227.2M	188.4M	126.1M
Net Working Capital	32.0M	61.9M	100.9M	134.6M	107.4M	76.1M
Intangible Assets	72.0M	65.2M	56.6M	48.7M	41.1M	51.6M
Property Plant Equipment	10.9M	12.8M	15.6M	20.9M	24.1M	15.5M
Non Currrent Assets Other	4.2M	1.2M	6.3M	2.3M	11.3M	11.9M

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC

Shoals Historical Balance Sheet

Shoals Technologies Inventory

39.9 Million

About Shoals Balance Sheet Analysis

Shoals Technologies Balance Sheet Chart

Total Assets

Total Current Liabilities

Shoals Technologies balance sheet Correlations

Shoals Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shoals Technologies balance sheet Accounts

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Shoals Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Net Working Capital	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Current Liabilities

Non Current Liabilities Total	- 0.61	Common Stock Shares Outstanding
Total Liab	- 0.54	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.49	Accounts Payable
Net Working Capital	- 0.41	Short Long Term Debt
Short Long Term Debt	- 0.41	Inventory
Common Stock Shares Outstanding	- 0.41	Net Debt