Shoals Technologies Group Balance Sheet
NASDAQ: SHLSTechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Shoals Technologies Group financial position
At the end of fiscal 2025, Shoals Technologies Group reported total assets of $904.1 million, up 14.0% from a year earlier against total liabilities of $304.1 million. Shareholders' equity stood at $600.0 million, or 66.4% of assets. The company held $7.3 million in cash and equivalents.
The current ratio (current assets divided by current liabilities) was 2.03, meaning short-term assets cover obligations due within a year.
Summary generated from market data by MetaCap's automated system. Methodology
Shoals Technologies Group balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 7.32M | 23.51M | 22.71M | 8.77M | 5.01M | 10.07M | 7.08M |
| Receivables | 128.79M | 78.18M | 107.12M | 50.58M | 31.50M | 27.00M | — |
| Inventory | 89.88M | 55.98M | 52.80M | 72.85M | 38.37M | 15.12M | — |
| Total Current Assets | 257.89M | 188.35M | 227.19M | 153.54M | 93.45M | 56.15M | — |
| Property, Plant & Equipment | 53.30M | 28.22M | 24.84M | 16.87M | 15.57M | 12.76M | — |
| Goodwill | 69.94M | 69.94M | 69.94M | 69.94M | 69.44M | 50.18M | 50.18M |
| Intangible Assets | 33.50M | 41.08M | 48.67M | 56.59M | 65.24M | 71.99M | — |
| Total Assets | 904.10M | 793.08M | 843.99M | 594.89M | 426.41M | 195.31M | — |
| Accounts Payable | 64.88M | 20.03M | 14.40M | 9.48M | 19.98M | 14.63M | — |
| Short-Term Debt | — | 0 | 2.00M | 2.00M | 2.00M | 3.50M | — |
| Total Current Liabilities | 127.32M | 80.91M | 92.63M | 52.62M | 31.55M | 24.10M | — |
| Long-Term Debt | — | 141.75M | 179.44M | 237.06M | 245.05M | 355.33M | — |
| Total Liabilities | 304.13M | 236.28M | 299.00M | 293.91M | 433.91M | 379.43M | — |
| Shareholders' Equity | 599.97M | 556.80M | 545.00M | 291.37M | 2.55M | -184.12M | 149.91M |
| Retained Earnings | 132.15M | 98.58M | 74.45M | 34.48M | -93.13M | — | — |
| Total Debt | — | 141.75M | 181.44M | 239.06M | 247.05M | 358.83M | — |
| Net Cash (Debt) | 7.32M | -118.24M | -158.74M | -230.30M | -242.05M | -348.76M | 7.08M |
This table shows 7 annual periods of Shoals Technologies Group's balance sheet, from FY 2025 back to FY 2019, across 17 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow SHLS's reporting calendar. What is a balance sheet?