Shoals Technologies Debt to Equity Ratio 2019-2023 | SHLS
Current and historical debt to equity ratio values for Shoals Technologies (SHLS) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Shoals Technologies debt/equity for the three months ending December 31, 2023 was 0.33.
| Shoals Technologies Debt/Equity Ratio Historical Data |
| Date |
Long Term Debt |
Shareholder's Equity |
Debt to Equity Ratio |
| 2023-12-31 |
$0.30B |
$0.55B |
0.55 |
| 2023-09-30 |
$0.32B |
$0.53B |
0.60 |
| 2023-06-30 |
$0.29B |
$0.53B |
0.55 |
| 2023-03-31 |
$0.30B |
$0.51B |
0.60 |
| 2022-12-31 |
$0.29B |
$0.30B |
0.98 |
| 2022-09-30 |
$0.51B |
$0.02B |
22.37 |
| 2022-06-30 |
$0.49B |
$0.01B |
57.84 |
| 2022-03-31 |
$0.48B |
$-0.00B |
-328.67 |
| 2021-12-31 |
$0.43B |
$-0.01B |
-57.87 |
| 2021-09-30 |
$0.39B |
$-0.01B |
-35.40 |
| 2021-06-30 |
$0.31B |
$-0.04B |
-8.88 |
| 2021-03-31 |
$0.30B |
$-0.04B |
-6.89 |
| 2020-12-31 |
$0.38B |
$-0.18B |
-2.06 |
| 2020-09-30 |
$0.02B |
$0.18B |
0.11 |
| 2020-06-30 |
$0.00B |
$0.00B |
0.00 |
| 2020-03-31 |
$0.00B |
$0.00B |
0.00 |
| 2019-12-31 |
$0.04B |
$0.15B |
0.25 |
| 2019-09-30 |
$0.00B |
$0.00B |
0.00 |
| 2018-12-31 |
$0.05B |
$0.14B |
0.34 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Solar Equipment and Services |
$1.448B |
$0.489B |
|
Shoals Technologies manufactures a diverse portfolio of solar balance of systems products, including combiner/re-combiner boxes, disconnect boxes, custom harnessing solutions, junction boxes, wire, in-line fuses and racking and monitoring solutions.
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