Shoals Cash from 2010 to 2024

SHLS Stock  USD 4.41  0.16  3.50%   
Shoals Technologies Cash yearly trend continues to be comparatively stable with very little volatility. Cash is likely to outpace its year average in 2024. Cash is the total amount of money in the form of currency that Shoals Technologies Group has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
2010-12-31
Previous Quarter
22.7 M
Current Value
23.8 M
Quarterly Volatility
8.1 M
 
Credit Downgrade
 
Yuan Drop
 
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' Cash Growth Pattern

Below is the plot of the Cash of Shoals Technologies Group over the last few years. Cash refers to the most liquid asset of Shoals Technologies, which is listed under current asset account on Shoals Technologies Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shoals Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Shoals Technologies account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Shoals Technologies' Cash 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.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

Shoals Cash Regression Statistics

Arithmetic Mean5,229,890
Geometric Mean684,429
Coefficient Of Variation155.63
Mean Deviation6,176,120
Median108,000
Standard Deviation8,139,046
Sample Variance66.2T
Range23.7M
R-Value0.80
Mean Square Error25.5T
R-Squared0.64
Significance0.0003
Slope1,458,784
Total Sum of Squares927.4T

Shoals Cash History

202423.8 M
202322.7 M
20228.8 M
2021M
202010.1 M
20197.1 M

Other Fundumenentals of Shoals Technologies

Shoals Technologies Cash component correlations

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Cash, 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.

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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.