Shoals Technologies Group, Inc. (SHLS) Quarterly Balance Sheet

120+ quarters historyFree accessUpdated daily

Shoals Technologies Group, Inc. (SHLS) quarterly balance sheet — complete assets, liabilities & equity history

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21

Total Current Assets

382.54M

257.89M

201.19M

190.07M

187.75M

188.35M

190.77M

177.25M

208.48M

227.19M

214.24M

200.12M

183.36M

153.54M

183.18M

156.29M

137.7M

93.45M

108.87M

91.51M

Cash & Short-Term Investments

1.88M

7.32M

8.59M

4.69M

35.61M

23.51M

11.11M

3.19M

15.24M

22.71M

9.22M

5.86M

6.46M

8.77M

11.2M

10.09M

2.53M

5.01M

14.19M

13.17M

Cash Only

1.88M

7.32M

8.59M

4.69M

35.61M

23.51M

11.11M

3.19M

15.24M

22.71M

9.22M

5.86M

6.46M

8.77M

11.2M

10.09M

2.53M

5.01M

14.19M

13.17M

Short-Term Investments

Accounts Receivable

144.35M

150.93M

125.17M

113.29M

78.11M

99.02M

109.09M

109.28M

126.81M

147.25M

137.39M

118.76M

95.08M

67.29M

83.21M

72.41M

73.04M

45.03M

55.14M

49.77M

Days Sales Outstanding

94.53

85.63

80.77

78.57

99.19

89.48

98.32

108.23

137.32

100.38

87.8

81.62

69.53

73.14

78.82

90.05

78.16

95.91

80.65

66.97

Inventory

158.99M

89.88M

60.35M

56.9M

61.17M

55.98M

65.85M

60.01M

59.56M

52.8M

60.96M

68.31M

73.73M

72.85M

81.16M

64.96M

49.48M

38.37M

27.83M

21.27M

Days Inventory Outstanding

112.5

68.14

63.04

77.14

100.95

83.89

75.4

91.82

94.08

69.72

49.53

94.09

116.07

130.54

122.71

115.98

94.84

94.8

59.33

57.47

Other Current Assets

77.32M

9.76M

7.08M

15.2M

12.85M

9.85M

4.72M

4.78M

6.87M

4.42M

6.66M

7.18M

8.09M

4.63M

7.61M

8.83M

12.65M

5.04M

11.71M

7.29M

Total Non-Current Assets

648.35M

646.22M

650.6M

604.89M

600.67M

604.73M

610.53M

611.18M

616.82M

616.81M

625.91M

618.71M

625.24M

441.36M

346.71M

340.33M

336.77M

332.97M

273.94M

182.21M

Property, Plant & Equipment

104.07M

99.35M

96.27M

41.98M

30.04M

28.22M

28.05M

26.93M

26.21M

24.84M

22.79M

20.2M

18.39M

16.87M

16.6M

16.83M

16.03M

15.57M

14.36M

13.62M

Fixed Asset Turnover

1.38x

1.52x

1.96x

3.08x

2.76x

3.80x

3.72x

3.74x

3.56x

5.48x

6.24x

6.18x

5.96x

5.66x

5.43x

4.47x

4.30x

3.21x

4.28x

4.46x

Goodwill

69.94M

69.44M

69.32M

50.18M

Intangible Assets

31.6M

33.5M

35.4M

37.29M

39.19M

41.08M

42.98M

44.88M

46.77M

48.67M

50.56M

52.54M

54.56M

56.59M

58.61M

60.73M

62.97M

65.24M

67.51M

68M

Long-Term Investments

4.55M

Other Non-Current Assets

4.62M

5.4M

5.41M

8.11M

9.63M

11.32M

9.55M

7.76M

8.2M

5.17M

5.54M

5.7M

6.07M

6.33M

24.46M

17.77M

12.8M

1.21M

1.2M

840K

Total Assets

1.03B

904.1M

851.79M

794.96M

788.42M

793.08M

801.3M

788.44M

825.31M

843.99M

840.15M

818.82M

808.6M

594.89M

529.89M

496.62M

474.47M

426.41M

382.81M

273.72M

Asset Turnover

0.15x

0.17x

0.16x

0.14x

0.10x

0.13x

0.12x

0.11x

0.15x

0.16x

0.15x

0.17x

0.18x

0.15x

0.12x

0.18x

0.23x

Asset Growth %

30.75%

14%

6.3%

0.83%

-4.47%

-6.03%

-4.62%

-3.71%

2.07%

41.87%

58.55%

64.88%

70.42%

39.51%

38.42%

81.44%

88.09%

118.33%

102.01%

Total Current Liabilities

208.31M

127.32M

91.88M

81.35M

80.28M

80.91M

91.91M

78.26M

79.62M

92.63M

84.41M

77.19M

64.77M

52.62M

70.37M

55.14M

38.71M

31.55M

35.78M

27.22M

Accounts Payable

80.42M

64.88M

33.94M

29.24M

26.71M

20.03M

23.74M

16.19M

15.73M

14.4M

16.61M

16.24M

21.94M

9.48M

21.38M

24.26M

17.88M

19.98M

18.66M

14.22M

Days Payables Outstanding

65.68

44.82

33.97

36.56

40.28

30.14

23.92

24.51

25.22

19.01

12.59

25.29

24.88

26.16

38.33

42.7

40.88

55.35

39.74

36.85

Short-Term Debt

3.5M

Deferred Revenue (Current)

30.34M

37.03M

26.1M

20.07M

15.2M

18.74M

20.56M

21.24M

21.83M

22.23M

27.02M

31.3M

23.45M

23.26M

Other Current Liabilities

97.54M

25.42M

11.55M

19.73M

29.53M

34.61M

39.22M

34.94M

35.29M

41.9M

26.29M

14.6M

2.79M

5.48M

1.84M

Current Ratio

1.84x

2.03x

2.19x

2.34x

2.33x

2.08x

2.26x

2.62x

2.45x

2.54x

2.59x

2.83x

2.92x

2.60x

2.83x

3.56x

2.96x

3.04x

3.36x

Quick Ratio

1.07x

1.32x

1.53x

1.64x

1.58x

1.64x

1.36x

1.50x

1.87x

1.88x

1.82x

1.71x

1.69x

1.53x

1.45x

1.66x

2.28x

1.75x

2.27x

2.58x

Cash Conversion Cycle

141.35

108.95

109.84

119.16

159.86

143.23

149.8

175.54

206.18

151.1

124.74

150.42

160.72

177.52

163.2

163.32

132.12

135.36

100.24

87.59

Total Non-Current Liabilities

220.94M

176.81M

170.27M

138.21M

149.21M

155.37M

164.19M

165.59M

191.71M

206.37M

231.1M

212.23M

237.75M

241.28M

436.85M

433.04M

437.21M

402.36M

358.16M

281.21M

Long-Term Debt

219.55M

175.41M

126.75M

131.75M

141.75M

146.75M

168.75M

179.44M

188.38M

208.61M

233.84M

237.06M

274.93M

274.65M

279.83M

245.05M

250.28M

237.86M

Capital Lease Obligations

39.49M

Deferred Tax Liabilities

Other Non-Current Liabilities

1.39M

4.03M

6.46M

7.46M

13.62M

22.44M

18.84M

22.96M

26.92M

42.72M

3.62M

3.92M

4.22M

161.92M

158.38M

157.38M

157.31M

107.88M

43.36M

Total Liabilities

429.25M

304.13M

262.15M

219.56M

229.49M

236.28M

256.11M

243.85M

271.33M

299M

315.51M

289.42M

302.52M

293.91M

507.22M

488.18M

475.92M

433.91M

393.93M

308.44M

Total Debt

219.55M

175.41M

166.24M

131.75M

141.75M

146.75M

168.75M

181.44M

190.38M

210.61M

235.84M

239.06M

276.93M

276.65M

281.83M

247.05M

252.28M

241.36M

Net Debt

217.67M

168.09M

157.65M

127.06M

106.14M

118.24M

130.64M

143.56M

153.51M

158.74M

181.16M

204.75M

229.38M

230.3M

265.73M

266.56M

279.3M

242.05M

238.09M

228.19M

Debt / Equity

0.36x

0.29x

0.28x

0.23x

0.25x

0.26x

0.27x

0.30x

0.33x

0.36x

0.40x

0.47x

0.79x

12.22x

32.78x

Debt / EBITDA

18.58x

8.96x

7.55x

6.81x

18.65x

7.17x

18.47x

6.74x

11.57x

5.24x

6.15x

8.24x

9.24x

12.27x

17.63x

22.19x

45.85x

20.85x

14.62x

Net Debt / EBITDA

18.42x

8.59x

7.16x

6.57x

13.97x

5.98x

17.02x

6.60x

10.52x

4.58x

5.98x

8.02x

8.90x

11.78x

16.99x

21.99x

44.92x

19.68x

13.82x

Interest Coverage

2.66x

6.44x

6.68x

8.59x

1.83x

5.13x

1.47x

6.07x

2.61x

5.59x

-1.79x

4.86x

4.35x

22.08x

4.20x

3.11x

2.61x

1.29x

2.11x

3.44x

Total Equity

601.65M

599.97M

589.64M

575.41M

558.93M

556.8M

545.2M

544.59M

553.98M

545M

524.64M

529.4M

506.08M

300.99M

22.67M

8.44M

-1.45M

-7.5M

-11.13M

-34.72M

Equity Growth %

7.64%

7.75%

8.15%

5.66%

0.89%

2.17%

3.92%

2.87%

9.46%

81.07%

2214.25%

6172.57%

35050.28%

4114.26%

303.74%

124.31%

96.62%

95.93%

93.84%

Book Value per Share

3.59

3.54

3.49

3.43

3.35

3.34

3.26

3.20

3.25

3.20

3.09

3.11

3.44

1.78

0.20

0.07

-0.01

-0.07

-0.11

-0.21

Total Shareholders' Equity

601.65M

599.97M

589.64M

575.41M

558.93M

556.8M

545.2M

544.59M

553.98M

545M

524.64M

529.4M

506.08M

291.37M

26.41M

15.15M

7.88M

2.55M

855K

-14.9M

Common Stock

Retained Earnings

131.86M

132.15M

124.03M

112.15M

98.3M

98.58M

90.76M

91.03M

79.23M

74.45M

57.87M

67.7M

48.77M

34.48M

-78.13M

-86.09M

-90.49M

-93.13M

-91.3M

-93.78M

Treasury Stock

-25.27M

-25.33M

-15.23M

Accumulated OCI

Minority Interest

9.62M

-3.74M

-6.71M

-9.33M

-10.05M

-11.98M

-19.82M

Shoals Technologies Group, Inc. (SHLS) Quarterly Balance Sheet

120+ quarters historyFree accessUpdated daily

Shoals Technologies Group, Inc. (SHLS) quarterly balance sheet — complete assets, liabilities & equity history

Annual Quarterly

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21

Total Current Assets

382.54M

257.89M

201.19M

190.07M

187.75M

188.35M

190.77M

177.25M

208.48M

227.19M

214.24M

200.12M

183.36M

153.54M

183.18M

156.29M

137.7M

93.45M

108.87M

91.51M

Cash & Short-Term Investments

1.88M

7.32M

8.59M

4.69M

35.61M

23.51M

11.11M

3.19M

15.24M

22.71M

9.22M

5.86M

6.46M

8.77M

11.2M

10.09M

2.53M

5.01M

14.19M

13.17M

Cash Only

1.88M

7.32M

8.59M

4.69M

35.61M

23.51M

11.11M

3.19M

15.24M

22.71M

9.22M

5.86M

6.46M

8.77M

11.2M

10.09M

2.53M

5.01M

14.19M

13.17M

Short-Term Investments

Accounts Receivable

144.35M

150.93M

125.17M

113.29M

78.11M

99.02M

109.09M

109.28M

126.81M

147.25M

137.39M

118.76M

95.08M

67.29M

83.21M

72.41M

73.04M

45.03M

55.14M

49.77M

Days Sales Outstanding

94.53

85.63

80.77

78.57

99.19

89.48

98.32

108.23

137.32

100.38

87.8

81.62

69.53

73.14

78.82

90.05

78.16

95.91

80.65

66.97

Inventory

158.99M

89.88M

60.35M

56.9M

61.17M

55.98M

65.85M

60.01M

59.56M

52.8M

60.96M

68.31M

73.73M

72.85M

81.16M

64.96M

49.48M

38.37M

27.83M

21.27M

Days Inventory Outstanding

112.5

68.14

63.04

77.14

100.95

83.89

75.4

91.82

94.08

69.72

49.53

94.09

116.07

130.54

122.71

115.98

94.84

94.8

59.33

57.47

Other Current Assets

77.32M

9.76M

7.08M

15.2M

12.85M

9.85M

4.72M

4.78M

6.87M

4.42M

6.66M

7.18M

8.09M

4.63M

7.61M

8.83M

12.65M

5.04M

11.71M

7.29M

Total Non-Current Assets

648.35M

646.22M

650.6M

604.89M

600.67M

604.73M

610.53M

611.18M

616.82M

616.81M

625.91M

618.71M

625.24M

441.36M

346.71M

340.33M

336.77M

332.97M

273.94M

182.21M

Property, Plant & Equipment

104.07M

99.35M

96.27M

41.98M

30.04M

28.22M

28.05M

26.93M

26.21M

24.84M

22.79M

20.2M

18.39M

16.87M

16.6M

16.83M

16.03M

15.57M

14.36M

13.62M

Fixed Asset Turnover

1.38x

1.52x

1.96x

3.08x

2.76x

3.80x

3.72x

3.74x

3.56x

5.48x

6.24x

6.18x

5.96x

5.66x

5.43x

4.47x

4.30x

3.21x

4.28x

4.46x

Goodwill

69.94M

69.44M

69.32M

50.18M

Intangible Assets

31.6M

33.5M

35.4M

37.29M

39.19M

41.08M

42.98M

44.88M

46.77M

48.67M

50.56M

52.54M

54.56M

56.59M

58.61M

60.73M

62.97M

65.24M

67.51M

68M

Long-Term Investments

4.55M

Other Non-Current Assets

4.62M

5.4M

5.41M

8.11M

9.63M

11.32M

9.55M

7.76M

8.2M

5.17M

5.54M

5.7M

6.07M

6.33M

24.46M

17.77M

12.8M

1.21M

1.2M

840K

Total Assets

1.03B

904.1M

851.79M

794.96M

788.42M

793.08M

801.3M

788.44M

825.31M

843.99M

840.15M

818.82M

808.6M

594.89M

529.89M

496.62M

474.47M

426.41M

382.81M

273.72M

Asset Turnover

0.15x

0.17x

0.16x

0.14x

0.10x

0.13x

0.12x

0.11x

0.15x

0.16x

0.15x

0.17x

0.18x

0.15x

0.12x

0.18x

0.23x

Asset Growth %

30.75%

14%

6.3%

0.83%

-4.47%

-6.03%

-4.62%

-3.71%

2.07%

41.87%

58.55%

64.88%

70.42%

39.51%

38.42%

81.44%

88.09%

118.33%

102.01%

Total Current Liabilities

208.31M

127.32M

91.88M

81.35M

80.28M

80.91M

91.91M

78.26M

79.62M

92.63M

84.41M

77.19M

64.77M

52.62M

70.37M

55.14M

38.71M

31.55M

35.78M

27.22M

Accounts Payable

80.42M

64.88M

33.94M

29.24M

26.71M

20.03M

23.74M

16.19M

15.73M

14.4M

16.61M

16.24M

21.94M

9.48M

21.38M

24.26M

17.88M

19.98M

18.66M

14.22M

Days Payables Outstanding

65.68

44.82

33.97

36.56

40.28

30.14

23.92

24.51

25.22

19.01

12.59

25.29

24.88

26.16

38.33

42.7

40.88

55.35

39.74

36.85

Short-Term Debt

3.5M

Deferred Revenue (Current)

30.34M

37.03M

26.1M

20.07M

15.2M

18.74M

20.56M

21.24M

21.83M

22.23M

27.02M

31.3M

23.45M

23.26M

Other Current Liabilities

97.54M

25.42M

11.55M

19.73M

29.53M

34.61M

39.22M

34.94M

35.29M

41.9M

26.29M

14.6M

2.79M

5.48M

1.84M

Current Ratio

1.84x

2.03x

2.19x

2.34x

2.33x

2.08x

2.26x

2.62x

2.45x

2.54x

2.59x

2.83x

2.92x

2.60x

2.83x

3.56x

2.96x

3.04x

3.36x

Quick Ratio

1.07x

1.32x

1.53x

1.64x

1.58x

1.64x

1.36x

1.50x

1.87x

1.88x

1.82x

1.71x

1.69x

1.53x

1.45x

1.66x

2.28x

1.75x

2.27x

2.58x

Cash Conversion Cycle

141.35

108.95

109.84

119.16

159.86

143.23

149.8

175.54

206.18

151.1

124.74

150.42

160.72

177.52

163.2

163.32

132.12

135.36

100.24

87.59

Total Non-Current Liabilities

220.94M

176.81M

170.27M

138.21M

149.21M

155.37M

164.19M

165.59M

191.71M

206.37M

231.1M

212.23M

237.75M

241.28M

436.85M

433.04M

437.21M

402.36M

358.16M

281.21M

Long-Term Debt

219.55M

175.41M

126.75M

131.75M

141.75M

146.75M

168.75M

179.44M

188.38M

208.61M

233.84M

237.06M

274.93M

274.65M

279.83M

245.05M

250.28M

237.86M

Capital Lease Obligations

39.49M

Deferred Tax Liabilities

Other Non-Current Liabilities

1.39M

4.03M

6.46M

7.46M

13.62M

22.44M

18.84M

22.96M

26.92M

42.72M

3.62M

3.92M

4.22M

161.92M

158.38M

157.38M

157.31M

107.88M

43.36M

Total Liabilities

429.25M

304.13M

262.15M

219.56M

229.49M

236.28M

256.11M

243.85M

271.33M

299M

315.51M

289.42M

302.52M

293.91M

507.22M

488.18M

475.92M

433.91M

393.93M

308.44M

Total Debt

219.55M

175.41M

166.24M

131.75M

141.75M

146.75M

168.75M

181.44M

190.38M

210.61M

235.84M

239.06M

276.93M

276.65M

281.83M

247.05M

252.28M

241.36M

Net Debt

217.67M

168.09M

157.65M

127.06M

106.14M

118.24M

130.64M

143.56M

153.51M

158.74M

181.16M

204.75M

229.38M

230.3M

265.73M

266.56M

279.3M

242.05M

238.09M

228.19M

Debt / Equity

0.36x

0.29x

0.28x

0.23x

0.25x

0.26x

0.27x

0.30x

0.33x

0.36x

0.40x

0.47x

0.79x

12.22x

32.78x

Debt / EBITDA

18.58x

8.96x

7.55x

6.81x

18.65x

7.17x

18.47x

6.74x

11.57x

5.24x

6.15x

8.24x

9.24x

12.27x

17.63x

22.19x

45.85x

20.85x

14.62x

Net Debt / EBITDA

18.42x

8.59x

7.16x

6.57x

13.97x

5.98x

17.02x

6.60x

10.52x

4.58x

5.98x

8.02x

8.90x

11.78x

16.99x

21.99x

44.92x

19.68x

13.82x

Interest Coverage

2.66x

6.44x

6.68x

8.59x

1.83x

5.13x

1.47x

6.07x

2.61x

5.59x

-1.79x

4.86x

4.35x

22.08x

4.20x

3.11x

2.61x

1.29x

2.11x

3.44x

Total Equity

601.65M

599.97M

589.64M

575.41M

558.93M

556.8M

545.2M

544.59M

553.98M

545M

524.64M

529.4M

506.08M

300.99M

22.67M

8.44M

-1.45M

-7.5M

-11.13M

-34.72M

Equity Growth %

7.64%

7.75%

8.15%

5.66%

0.89%

2.17%

3.92%

2.87%

9.46%

81.07%

2214.25%

6172.57%

35050.28%

4114.26%

303.74%

124.31%

96.62%

95.93%

93.84%

Book Value per Share

3.59

3.54

3.49

3.43

3.35

3.34

3.26

3.20

3.25

3.20

3.09

3.11

3.44

1.78

0.20

0.07

-0.01

-0.07

-0.11

-0.21

Total Shareholders' Equity

601.65M

599.97M

589.64M

575.41M

558.93M

556.8M

545.2M

544.59M

553.98M

545M

524.64M

529.4M

506.08M

291.37M

26.41M

15.15M

7.88M

2.55M

855K

-14.9M

Common Stock

Retained Earnings

131.86M

132.15M

124.03M

112.15M

98.3M

98.58M

90.76M

91.03M

79.23M

74.45M

57.87M

67.7M

48.77M

34.48M

-78.13M

-86.09M

-90.49M

-93.13M

-91.3M

-93.78M

Treasury Stock

-25.27M

-25.33M

-15.23M

Accumulated OCI

Minority Interest

9.62M

-3.74M

-6.71M

-9.33M

-10.05M

-11.98M

-19.82M

SHLS Balance Sheet

SHLS Balance Sheet