Shoals Good Will from 2010 to 2024

SHLS Stock  USD 5.07  0.24  4.97%   
Shoals Technologies Good Will yearly trend continues to be comparatively stable with very little volatility. Good Will will likely drop to about 66 M in 2024. Good Will is an intangible asset that arises when Shoals Technologies Group acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2010-12-31
Previous Quarter
80.4 M
Current Value
66 M
Quarterly Volatility
10.2 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' Good Will Growth Pattern

Below is the plot of the Good Will of Shoals Technologies Group over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Shoals Technologies' Good Will 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.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Shoals Good Will Regression Statistics

Arithmetic Mean55,847,794
Geometric Mean55,093,967
Coefficient Of Variation18.19
Mean Deviation8,318,632
Median50,176,000
Standard Deviation10,155,944
Sample Variance103.1T
Range30.3M
R-Value0.74
Mean Square Error50.9T
R-Squared0.54
Significance0
Slope1,671,330
Total Sum of Squares1444T

Shoals Good Will History

202466 M
202380.4 M
202269.9 M
202169.4 M

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Good Will, 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
Good Will80.4 M66 M

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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.