Shoals Free Cash Flow from 2010 to 2024

SHLS Stock  USD 5.22  0.04  0.76%   
Shoals Technologies Free Cash Flow yearly trend continues to be comparatively stable with very little volatility. Free Cash Flow is likely to outpace its year average in 2024. Free Cash Flow is the amount of cash Shoals Technologies Group generates after accounting for cash outflows to support operations and maintain its capital assets. View All Fundamentals
 
Free Cash Flow  
First Reported
2019-12-31
Previous Quarter
35.8 M
Current Value
13.3 M
Quarterly Volatility
15.3 M
 
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' Free Cash Flow Growth Pattern

Below is the plot of the Free Cash Flow of Shoals Technologies Group over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Shoals Technologies' Free Cash Flow 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.
Free Cash Flow10 Years Trend
Slightly volatile
   Free Cash Flow   
       Timeline  

Shoals Free Cash Flow Regression Statistics

Arithmetic Mean19,639,190
Coefficient Of Variation157.05
Mean Deviation25,364,920
Median1,596,000
Standard Deviation30,843,883
Sample Variance951.3T
Range93.7M
R-Value0.73
Mean Square Error475.7T
R-Squared0.54
Significance0
Slope5,047,943
Total Sum of Squares13318.8T

Shoals Free Cash Flow History

202485.4 M
202381.4 M
202236.3 M
2021-8.2 M
202050.8 M
201934.5 M

Other Fundumenentals of Shoals Technologies

Shoals Technologies Free Cash Flow component correlations

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Free Cash Flow, 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 ReportedProjected for Next Year
Free Cash Flow81.4 M85.4 M
Free Cash Flow Yield 0.03  0.03 
Free Cash Flow Per Share 0.50  0.52 
EV To Free Cash Flow 33.34  31.67 
Price To Free Cash Flows Ratio 31.35  29.78 
Free Cash Flow Operating Cash Flow Ratio 0.88  0.83 

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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.