Shoals Net Borrowings from 2010 to 2024

SHLS Stock  USD 5.22  0.04  0.76%   
Shoals Technologies Net Borrowings yearly trend continues to be comparatively stable with very little volatility. Net Borrowings is likely to outpace its year average in 2024. Net Borrowings is the difference between the amount of new debt Shoals Technologies Group has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2010-12-31
Previous Quarter
-8.2 M
Current Value
-7.8 M
Quarterly Volatility
97.2 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' Net Borrowings Growth Pattern

Below is the plot of the Net Borrowings of Shoals Technologies Group over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. Shoals Technologies' Net Borrowings 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.
Net Borrowings10 Years Trend
Very volatile
   Net Borrowings   
       Timeline  

Shoals Net Borrowings Regression Statistics

Arithmetic Mean7,391,020
Geometric Mean13,327,408
Coefficient Of Variation1,315
Mean Deviation44,847,864
Median(8,500,000)
Standard Deviation97,190,411
Sample Variance9446T
Range461.5M
R-Value0.10
Mean Square Error10069.3T
R-Squared0.01
Significance0.72
Slope2,189,911
Total Sum of Squares132243.7T

Shoals Net Borrowings History

2024-7.8 M
2023-8.2 M
2022-9.1 M
2021-117.7 M
2020343.8 M
2019-13.5 M

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Net Borrowings, 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
Net Borrowings-8.2 M-7.8 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.