Shoals Net Working Capital from 2010 to 2024

SHLS Stock  USD 5.07  0.24  4.97%   
Shoals Technologies Net Working Capital yearly trend continues to be comparatively stable with very little volatility. Net Working Capital will likely drop to about 69.1 M in 2024. From the period from 2010 to 2024, Shoals Technologies Net Working Capital quarterly data regression had r-value of  0.70 and coefficient of variation of  77.76. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
134.6 M
Current Value
69.1 M
Quarterly Volatility
33.8 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 Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Shoals Technologies Group over the last few years. It is Shoals Technologies' Net Working Capital 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 Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Shoals Net Working Capital Regression Statistics

Arithmetic Mean43,489,913
Geometric Mean35,810,082
Coefficient Of Variation77.76
Mean Deviation25,673,473
Median25,758,000
Standard Deviation33,818,475
Sample Variance1143.7T
Range112.6M
R-Value0.70
Mean Square Error623.3T
R-Squared0.49
Significance0
Slope5,314,689
Total Sum of Squares16011.6T

Shoals Net Working Capital History

202469.1 M
2023134.6 M
2022100.9 M
202161.9 M
202032 M
201922 M

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Net Working Capital, 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 Working Capital134.6 M69.1 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.