Shoals Retained Earnings from 2010 to 2024

SHLS Stock

USD 5.07 0.24 4.97%

Shoals Technologies Retained Earnings yearly trend continues to be comparatively stable with very little volatility. Retained Earnings are likely to outpace its year average in 2024. Retained Earnings is the cumulative amount of net income that Shoals Technologies Group retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals

Retained Earnings

First Reported

2010-12-31

Previous Quarter

74.5 M

Current Value

78.2 M

Quarterly Volatility

38.7 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' Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Shoals Technologies Group over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Shoals Technologies' Retained Earnings 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.

View

Last Reported 74.45 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Retained Earnings

Timeline

Shoals Retained Earnings Regression Statistics

	Arithmetic Mean	6,264,773
	Geometric Mean	0.00
	Coefficient Of Variation	617.16
	Mean Deviation	22,441,371
	Median	0.00
	Standard Deviation	38,663,517
	Sample Variance	1494.9T
	Range	171.3M
	R-Value	0.33
	Mean Square Error	1436.8T
	R-Squared	0.11
	Significance	0.23
	Slope	2,834,972
	Total Sum of Squares	20928.1T

Shoals Retained Earnings History

	2024	78.2 M
	2023	74.5 M
	2022	34.5 M
	2021	-93.1 M

Other Fundumenentals of Shoals Technologies

Retained Earnings Total Equity

Shoals Technologies Retained Earnings component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Deferred Long Term Liab	Current Deferred Revenue	Long Term Debt Total	Capital Surpluse
Total Assets		0.68	0.56	0.51	0.59	0.48	0.83	0.98	0.66	0.86	-0.35	0.89	1.0	-0.21	-0.91	-0.48	0.99	-0.55	0.9	-0.55	-0.55
Total Stockholder Equity	0.68		0.94	-0.07	0.08	0.03	0.85	0.63	0.07	0.65	-0.12	0.8	0.66	-0.01	-0.57	0.07	0.59	-0.8	0.78	-0.8	-0.8
Net Tangible Assets	0.56	0.94		-0.26	-0.15	-0.13	0.65	0.5	-0.13	0.45	-0.05	0.63	0.56	0.06	-0.4	0.29	0.48	-0.58	0.72	-0.58	-0.58
Net Debt	0.51	-0.07	-0.26		0.81	0.89	0.43	0.57	0.95	0.71	-0.34	0.54	0.54	-0.29	-0.74	-0.98	0.61	-0.29	0.45	-0.29	-0.29
Accounts Payable	0.59	0.08	-0.15	0.81		0.53	0.54	0.7	0.92	0.66	-0.09	0.6	0.57	-0.04	-0.78	-0.76	0.61	-0.41	0.36	-0.41	-0.41
Long Term Debt	0.48	0.03	-0.13	0.89	0.53		0.44	0.44	0.75	0.72	-0.29	0.52	0.53	-0.21	-0.67	-0.93	0.6	-0.3	0.55	-0.3	-0.3
Net Receivables	0.83	0.85	0.65	0.43	0.54	0.44		0.82	0.54	0.93	-0.23	0.98	0.82	-0.12	-0.87	-0.44	0.78	-0.92	0.85	-0.92	-0.92
Good Will	0.98	0.63	0.5	0.57	0.7	0.44	0.82		0.74	0.85	-0.37	0.89	0.97	-0.24	-0.93	-0.5	0.96	-0.56	0.84	-0.56	-0.56
Total Liab	0.66	0.07	-0.13	0.95	0.92	0.75	0.54	0.74		0.76	-0.36	0.65	0.67	-0.29	-0.83	-0.9	0.72	-0.36	0.52	-0.36	-0.36
Net Invested Capital	0.86	0.65	0.45	0.71	0.66	0.72	0.93	0.85	0.76		-0.32	0.97	0.87	-0.2	-0.96	-0.71	0.87	-0.79	0.89	-0.79	-0.79
Short Long Term Debt	-0.35	-0.12	-0.05	-0.34	-0.09	-0.29	-0.23	-0.37	-0.36	-0.32		-0.27	-0.38	0.99	0.23	0.29	-0.34	0.13	-0.29	0.13	0.13
Total Current Assets	0.89	0.8	0.63	0.54	0.6	0.52	0.98	0.89	0.65	0.97	-0.27		0.89	-0.14	-0.94	-0.52	0.86	-0.85	0.91	-0.85	-0.85
Net Working Capital	1.0	0.66	0.56	0.54	0.57	0.53	0.82	0.97	0.67	0.87	-0.38	0.89		-0.23	-0.92	-0.51	0.99	-0.54	0.92	-0.54	-0.54
Short Term Debt	-0.21	-0.01	0.06	-0.29	-0.04	-0.21	-0.12	-0.24	-0.29	-0.2	0.99	-0.14	-0.23		0.1	0.24	-0.19	0.07	-0.14	0.07	0.07
Intangible Assets	-0.91	-0.57	-0.4	-0.74	-0.78	-0.67	-0.87	-0.93	-0.83	-0.96	0.23	-0.94	-0.92	0.1		0.71	-0.93	0.66	-0.87	0.66	0.66
Common Stock	-0.48	0.07	0.29	-0.98	-0.76	-0.93	-0.44	-0.5	-0.9	-0.71	0.29	-0.52	-0.51	0.24	0.71		-0.57	0.32	-0.43	0.32	0.32
Property Plant Equipment	0.99	0.59	0.48	0.61	0.61	0.6	0.78	0.96	0.72	0.87	-0.34	0.86	0.99	-0.19	-0.93	-0.57		-0.48	0.91	-0.48	-0.48
Deferred Long Term Liab	-0.55	-0.8	-0.58	-0.29	-0.41	-0.3	-0.92	-0.56	-0.36	-0.79	0.13	-0.85	-0.54	0.07	0.66	0.32	-0.48		-0.64	1.0	1.0
Current Deferred Revenue	0.9	0.78	0.72	0.45	0.36	0.55	0.85	0.84	0.52	0.89	-0.29	0.91	0.92	-0.14	-0.87	-0.43	0.91	-0.64		-0.64	-0.64
Long Term Debt Total	-0.55	-0.8	-0.58	-0.29	-0.41	-0.3	-0.92	-0.56	-0.36	-0.79	0.13	-0.85	-0.54	0.07	0.66	0.32	-0.48	1.0	-0.64		1.0
Capital Surpluse	-0.55	-0.8	-0.58	-0.29	-0.41	-0.3	-0.92	-0.56	-0.36	-0.79	0.13	-0.85	-0.54	0.07	0.66	0.32	-0.48	1.0	-0.64	1.0

Click cells to compare fundamentals

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Retained Earnings, 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 Reported	Projected for Next Year
Retained Earnings	74.5 M	78.2 M
Retained Earnings Total Equity	-83.8 M	-88 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC