Shoals Historical Cash Flow
| SHLS Stock | USD 4.66 0.02 0.43% |
Analysis of Shoals Technologies cash flow over time is an excellent tool to project Shoals Technologies future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Depreciation of 10.8 M or Other Non Cash Items of 73.2 M as it is a great indicator of Shoals Technologies ability to facilitate future growth, repay debt on time or pay out dividends.
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.
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About Shoals Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Shoals balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Shoals's non-liquid assets can be easily converted into cash.
Shoals Technologies Cash Flow Chart
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Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Capital Expenditures
Capital Expenditures are funds used by Shoals Technologies to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Shoals Technologies operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Shoals Technologies financial statement analysis. It represents the amount of money remaining after all of Shoals Technologies Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Shoals Technologies' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement 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 cash flow statement 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. At this time, Shoals Technologies' Net Income is comparatively stable compared to the past year. End Period Cash Flow is likely to gain to about 23.8 M in 2024, despite the fact that Net Borrowings is likely to grow to (7.8 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Capital Expenditures | 4.1M | 3.2M | 10.6M | 11.1M | Dividends Paid | 405.4M | 1.3M | 1.5M | 1.4M |
Shoals Technologies cash flow statement Correlations
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Shoals Technologies Account Relationship Matchups
High Positive Relationship
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Shoals Technologies cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (694K) | (6.5M) | (17.2M) | (36.9M) | 15.0M | 15.8M | |
| Investments | (1.7M) | (3.2M) | (17.0M) | (3.7M) | (8.7M) | (9.1M) | |
| Change In Cash | 7.0M | 3.0M | (516K) | (791K) | 13.9M | 14.6M | |
| Net Borrowings | (13.5M) | 343.8M | (117.7M) | (9.1M) | (8.2M) | (7.8M) | |
| Free Cash Flow | 34.5M | 50.8M | (8.2M) | 36.3M | 81.4M | 85.4M | |
| Change In Working Capital | 1.5M | 2.1M | (34.2M) | (38.0M) | (60.5M) | (57.5M) | |
| Begin Period Cash Flow | 108K | 7.1M | 10.1M | 9.6M | 8.8M | 7.1M | |
| Total Cashflows From Investing Activities | (1.7M) | (3.2M) | (17.0M) | (3.7M) | (3.3M) | (3.5M) | |
| Other Cashflows From Financing Activities | 2.5M | 374.4M | (420.1M) | (70.4M) | (6.5M) | (6.8M) | |
| Depreciation | 9.2M | 9.4M | 10.1M | 10.5M | 10.5M | 10.8M | |
| Other Non Cash Items | 339K | 351K | 4.6M | (100.6M) | 69.7M | 73.2M | |
| Dividends Paid | 14.0M | 376.0M | 405.4M | 1.3M | 1.5M | 1.4M | |
| Capital Expenditures | 1.7M | 3.2M | 4.1M | 3.2M | 10.6M | 11.1M | |
| Total Cash From Operating Activities | 36.2M | 54.1M | (4.1M) | 39.5M | 92.0M | 96.6M | |
| Change To Account Receivables | (473K) | 288K | 818K | (19.2M) | (80.3M) | (76.2M) | |
| Change To Operating Activities | (146K) | 5.3M | (4.2M) | 10.9M | 12.6M | 13.2M | |
| Net Income | 25.1M | 33.8M | 3.9M | 143.0M | 40.0M | 46.7M | |
| Total Cash From Financing Activities | (27.5M) | (47.9M) | 20.6M | (36.6M) | (67.2M) | (63.8M) | |
| End Period Cash Flow | 7.1M | 10.1M | 9.6M | 8.8M | 22.7M | 23.8M | |
| Change To Netincome | 301K | 8.4M | 8.4M | (62.0M) | (55.8M) | (53.0M) | |
| Change To Liabilities | 4.2M | 4.3M | (8.4M) | 10.4M | 11.9M | 12.5M |
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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.