SHLS - NASDAQ
Shoals Technologies Group, Inc.
$12.39
+3.1%Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It produces EBOS components, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. The company also sells EV Charging solutions for public and fleet electric vehicle charging stations; and EBOS systems. It sells its products principally to engineering, procurement, and construction firms that build solar energy projects and install electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.
At a Glance
Live SnapshotShoals Technologies Group, Inc. Funding & Solvency Profile
Financial Health Analysis
Current Ratio
Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.
Debt-to-Equity Ratio
Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.
Working Capital
Strong working capital position provides significant operational flexibility and financial cushion.
Asset Composition
Capital-intensive business with significant long-term investments in property, equipment, or intangibles.
Financial Health Insight
Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.
Shoals Technologies Group, Inc. Balance Sheet
SHLS • NASDAQ
| Shoals Technologies Group, Inc. Balance Sheet | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
ASSETS | ||||||||
CURRENT ASSETS | ||||||||
7.3M | 23.5M | 22.7M | 8.8M | 5M | 10.1M | 7.1M | 108K | |
7.3M | 23.5M | 22.7M | 8.8M | 5M | 10.1M | 7.1M | 108K | |
150.9M | 99M | 147.3M | 67.3M | 45M | 30.8M | 29.8M | 26M | |
150.9M | 78.2M | 107.1M | 50.6M | 31.5M | 27M | 27.3M | 26M | |
0.0 | 20.8M | 40.1M | 16.7M | 13.5M | 3.8M | 2.5M | 0.0 | |
89.9M | 56M | 52.8M | 72.9M | 38.4M | 15.1M | 8.8M | 9.9M | |
9.8M | 9.8M | 4.4M | 4.6M | 5M | 155K | 798K | 935K | |
257.9M | 188.4M | 227.2M | 153.5M | 93.4M | 56.1M | 46.5M | 37M | |
NON-CURRENT ASSETS | ||||||||
99.3M | 28.2M | 24.8M | 16.9M | 15.6M | 12.8M | 10.9M | 10.4M | |
69.9M | 69.9M | 69.9M | 69.9M | 69.4M | 50.2M | 50.2M | 50.2M | |
33.5M | 41.1M | 48.7M | 56.6M | 65.2M | 72M | 80M | 88M | |
103.4M | 111M | 118.6M | 126.5M | 134.7M | 122.2M | 130.1M | 138.1M | |
438M | 454.2M | 468.2M | 291.6M | 177M | 0.0 | 0.0 | 0.0 | |
5.4M | 11.3M | 5.2M | 6.3M | 5.8M | 4.2M | 0.0 | 0.0 | |
646.2M | 604.7M | 616.8M | 441.4M | 333M | 139.2M | 141.1M | 148.5M | |
904.1M | 793.1M | 844M | 594.9M | 426.4M | 195.3M | 187.6M | 185.5M | |
LIABILITIES | ||||||||
CURRENT LIABILITIES | ||||||||
64.9M | 20M | 14.4M | 9.5M | 20M | 14.6M | 10.4M | 6.2M | |
64.9M | 20M | 14.4M | 9.5M | 20M | 14.6M | 10.4M | 6.2M | |
0.0 | 7.5M | 12.1M | 12.4M | 7.7M | 6M | 1.3M | 1.5M | |
0.0 | 0.0 | 2M | 2M | 2M | 3.5M | 12.9M | 3.5M | |
37M | 18.7M | 22.2M | 23.3M | 1.8M | 0.0 | 0.0 | 0.0 | |
25.4M | 34.6M | 41.9M | 5.5M | 0.0 | 0.0 | 0.0 | 0.0 | |
127.3M | 80.9M | 92.6M | 52.6M | 31.6M | 24.1M | 24.5M | 11.2M | |
NON-CURRENT LIABILITIES | ||||||||
175.4M | 141.8M | 179.4M | 237.1M | 245.1M | 355.3M | 13.2M | 36M | |
1.4M | 13.6M | 26.9M | 4.2M | 157.3M | 0.0 | 0.0 | 0.0 | |
176.8M | 155.4M | 206.4M | 241.3M | 402.4M | 355.3M | 13.2M | 36M | |
304.1M | 236.3M | 299M | 293.9M | 433.9M | 379.4M | 37.7M | 47.3M | |
SHAREHOLDERS' EQUITY | ||||||||
0.0 | -25.3M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
2K | 2K | 2K | 2K | 2K | 0.0 | 0.0 | 138.3M | |
0.0 | 483.6M | 470.5M | 256.9M | 95.7M | 0.0 | 0.0 | 0.0 | |
132.2M | 98.6M | 74.5M | 34.5M | -93.1M | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -1.5M | |
467.8M | 0.0 | 0.0 | 0.0 | 0.0 | -184.1M | 149.9M | 1.5M | |
600M | 556.8M | 545M | 291.4M | 2.6M | -184.1M | 149.9M | 138.3M | |
600M | 556.8M | 545M | 301M | -7.5M | -184.1M | 149.9M | 138.3M | |
0.0 | 0.0 | 0.0 | 9.6M | -10.1M | 0.0 | 0.0 | 0.0 | |
SUMMARY | ||||||||
904.1M | 793.1M | 844M | 594.9M | 426.4M | 195.3M | 187.6M | 185.5M | |
175.4M | 141.8M | 181.4M | 239.1M | 247.1M | 358.8M | 26.1M | 39.5M | |
168.1M | 118.2M | 158.7M | 230.3M | 242M | 348.8M | 19M | 39.4M | |
167,388,000 | 167,388,000 | 167,388,000 | 167,388,000 | 167,388,000 | 167,388,000 | 167,388,000 | 167,388,000 |
SEC Filings
SHLS - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 05, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 05, 2026 | May 05, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 01, 2026 | April 30, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 20, 2026 | April 30, 2026 | 2026 | |
8-K/A 8-K/A 2026 (Amended) N/A | February 24, 2026 | February 24, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 24, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 24, 2026 | February 24, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 06, 2025 | November 05, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | November 04, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 04, 2025 | November 04, 2025 | 2025 |
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