Shoals Technologies Group Stock Retained Earnings
| SHLS Stock | USD 4.41 0.16 3.50% |
Shoals Technologies Group fundamentals help investors to digest information that contributes to Shoals Technologies' financial success or failures. It also enables traders to predict the movement of Shoals Stock. The fundamental analysis module provides a way to measure Shoals Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shoals Technologies stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | 74.5 M | 78.2 M | |
| Retained Earnings Total Equity | -83.8 M | -88 M |
Shoals | Retained Earnings |
Shoals Technologies Group Company Retained Earnings Analysis
Shoals Technologies' Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Shoals Technologies Retained Earnings | 74.45 M |
Most of Shoals Technologies' fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Shoals Technologies Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Shoals Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for Shoals Technologies is extremely important. It helps to project a fair market value of Shoals Stock properly, considering its historical fundamentals such as Retained Earnings. Since Shoals Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Shoals Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Shoals Technologies' interrelated accounts and indicators.
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Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, Shoals Technologies Group has a Retained Earnings of 74.45 M. This is 99.78% lower than that of the Electrical Equipment sector and notably lower than that of the Industrials industry. The retained earnings for all United States stocks is 99.2% higher than that of the company.
Shoals Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shoals Technologies' direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shoals Technologies could also be used in its relative valuation, which is a method of valuing Shoals Technologies by comparing valuation metrics of similar companies.Shoals Technologies is currently under evaluation in retained earnings category among its peers.
Shoals Technologies ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Shoals Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Shoals Technologies' managers, analysts, and investors.Environmental | Governance | Social |
Shoals Fundamentals
| Return On Equity | 0.0615 | ||||
| Return On Asset | 0.0507 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 892.46 M | ||||
| Shares Outstanding | 166.7 M | ||||
| Shares Owned By Insiders | 3.08 % | ||||
| Shares Owned By Institutions | 96.92 % | ||||
| Number Of Shares Shorted | 18.21 M | ||||
| Price To Earning | 264.09 X | ||||
| Price To Book | 1.40 X | ||||
| Price To Sales | 1.80 X | ||||
| Revenue | 488.94 M | ||||
| Gross Profit | 131.31 M | ||||
| EBITDA | 89.56 M | ||||
| Net Income | 39.97 M | ||||
| Cash And Equivalents | 11.2 M | ||||
| Cash Per Share | 0.10 X | ||||
| Total Debt | 184.7 M | ||||
| Current Ratio | 2.60 X | ||||
| Book Value Per Share | 3.27 X | ||||
| Cash Flow From Operations | 91.95 M | ||||
| Short Ratio | 3.18 X | ||||
| Earnings Per Share | 0.20 X | ||||
| Price To Earnings To Growth | 0.54 X | ||||
| Target Price | 7.61 | ||||
| Number Of Employees | 1.31 K | ||||
| Beta | 1.73 | ||||
| Market Capitalization | 761.81 M | ||||
| Total Asset | 843.99 M | ||||
| Retained Earnings | 74.45 M | ||||
| Working Capital | 134.56 M | ||||
| Net Asset | 843.99 M |
About Shoals Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shoals Technologies Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shoals Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shoals Technologies Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
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.