Shoals Total Assets from 2010 to 2024

SHLS Stock

USD 4.41 0.16 3.50%

Shoals Technologies Total Assets yearly trend continues to be comparatively stable with very little volatility. Total Assets will likely drop to about 446.2 M in 2024. Total Assets is 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. View All Fundamentals

Total Assets

First Reported

2010-12-31

Previous Quarter

844 M

Current Value

446.2 M

Quarterly Volatility

200.1 M

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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' Total Assets Growth Pattern

Below is the plot of the Total Assets of Shoals Technologies Group over the last few years. 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. It is 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. Shoals Technologies' Total Assets 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.

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Last Reported 843.99 M

10 Years Trend

Slightly volatile

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Total Assets

Timeline

Shoals Total Assets Regression Statistics

	Arithmetic Mean	290,946,924
	Geometric Mean	249,646,890
	Coefficient Of Variation	68.77
	Mean Deviation	153,026,956
	Median	185,533,000
	Standard Deviation	200,094,601
	Sample Variance	40037.8T
	Range	658.5M
	R-Value	0.70
	Mean Square Error	21750.2T
	R-Squared	0.50
	Significance	0
	Slope	31,496,990
	Total Sum of Squares	560529.9T

Shoals Total Assets History

	2024	446.2 M
	2023	844 M
	2022	594.9 M
	2021	426.4 M
	2020	195.3 M
	2019	187.6 M

Other Fundumenentals of Shoals Technologies

Intangibles To Total Assets

Shoals Technologies Total Assets component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Deferred Long Term Liab	Current Deferred Revenue	Long Term Debt Total	Capital Surpluse
Total Assets		0.68	0.56	0.51	0.59	0.48	0.83	0.98	0.66	0.86	-0.35	0.89	1.0	-0.21	-0.91	-0.48	0.99	-0.55	0.9	-0.55	-0.55
Total Stockholder Equity	0.68		0.94	-0.07	0.08	0.03	0.85	0.63	0.07	0.65	-0.12	0.8	0.66	-0.01	-0.57	0.07	0.59	-0.8	0.78	-0.8	-0.8
Net Tangible Assets	0.56	0.94		-0.26	-0.15	-0.13	0.65	0.5	-0.13	0.45	-0.05	0.63	0.56	0.06	-0.4	0.29	0.48	-0.58	0.72	-0.58	-0.58
Net Debt	0.51	-0.07	-0.26		0.81	0.89	0.43	0.57	0.95	0.71	-0.34	0.54	0.54	-0.29	-0.74	-0.98	0.61	-0.29	0.45	-0.29	-0.29
Accounts Payable	0.59	0.08	-0.15	0.81		0.53	0.54	0.7	0.92	0.66	-0.09	0.6	0.57	-0.04	-0.78	-0.76	0.61	-0.41	0.36	-0.41	-0.41
Long Term Debt	0.48	0.03	-0.13	0.89	0.53		0.44	0.44	0.75	0.72	-0.29	0.52	0.53	-0.21	-0.67	-0.93	0.6	-0.3	0.55	-0.3	-0.3
Net Receivables	0.83	0.85	0.65	0.43	0.54	0.44		0.82	0.54	0.93	-0.23	0.98	0.82	-0.12	-0.87	-0.44	0.78	-0.92	0.85	-0.92	-0.92
Good Will	0.98	0.63	0.5	0.57	0.7	0.44	0.82		0.74	0.85	-0.37	0.89	0.97	-0.24	-0.93	-0.5	0.96	-0.56	0.84	-0.56	-0.56
Total Liab	0.66	0.07	-0.13	0.95	0.92	0.75	0.54	0.74		0.76	-0.36	0.65	0.67	-0.29	-0.83	-0.9	0.72	-0.36	0.52	-0.36	-0.36
Net Invested Capital	0.86	0.65	0.45	0.71	0.66	0.72	0.93	0.85	0.76		-0.32	0.97	0.87	-0.2	-0.96	-0.71	0.87	-0.79	0.89	-0.79	-0.79
Short Long Term Debt	-0.35	-0.12	-0.05	-0.34	-0.09	-0.29	-0.23	-0.37	-0.36	-0.32		-0.27	-0.38	0.99	0.23	0.29	-0.34	0.13	-0.29	0.13	0.13
Total Current Assets	0.89	0.8	0.63	0.54	0.6	0.52	0.98	0.89	0.65	0.97	-0.27		0.89	-0.14	-0.94	-0.52	0.86	-0.85	0.91	-0.85	-0.85
Net Working Capital	1.0	0.66	0.56	0.54	0.57	0.53	0.82	0.97	0.67	0.87	-0.38	0.89		-0.23	-0.92	-0.51	0.99	-0.54	0.92	-0.54	-0.54
Short Term Debt	-0.21	-0.01	0.06	-0.29	-0.04	-0.21	-0.12	-0.24	-0.29	-0.2	0.99	-0.14	-0.23		0.1	0.24	-0.19	0.07	-0.14	0.07	0.07
Intangible Assets	-0.91	-0.57	-0.4	-0.74	-0.78	-0.67	-0.87	-0.93	-0.83	-0.96	0.23	-0.94	-0.92	0.1		0.71	-0.93	0.66	-0.87	0.66	0.66
Common Stock	-0.48	0.07	0.29	-0.98	-0.76	-0.93	-0.44	-0.5	-0.9	-0.71	0.29	-0.52	-0.51	0.24	0.71		-0.57	0.32	-0.43	0.32	0.32
Property Plant Equipment	0.99	0.59	0.48	0.61	0.61	0.6	0.78	0.96	0.72	0.87	-0.34	0.86	0.99	-0.19	-0.93	-0.57		-0.48	0.91	-0.48	-0.48
Deferred Long Term Liab	-0.55	-0.8	-0.58	-0.29	-0.41	-0.3	-0.92	-0.56	-0.36	-0.79	0.13	-0.85	-0.54	0.07	0.66	0.32	-0.48		-0.64	1.0	1.0
Current Deferred Revenue	0.9	0.78	0.72	0.45	0.36	0.55	0.85	0.84	0.52	0.89	-0.29	0.91	0.92	-0.14	-0.87	-0.43	0.91	-0.64		-0.64	-0.64
Long Term Debt Total	-0.55	-0.8	-0.58	-0.29	-0.41	-0.3	-0.92	-0.56	-0.36	-0.79	0.13	-0.85	-0.54	0.07	0.66	0.32	-0.48	1.0	-0.64		1.0
Capital Surpluse	-0.55	-0.8	-0.58	-0.29	-0.41	-0.3	-0.92	-0.56	-0.36	-0.79	0.13	-0.85	-0.54	0.07	0.66	0.32	-0.48	1.0	-0.64	1.0

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About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Total Assets, 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 Reported	Projected for Next Year
Total Assets	844 M	446.2 M
Intangibles To Total Assets	0.14	0.13

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