Shoals Technologies Debt to Equity Ratio 2019-2026 | 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 June 30, 2026 was 0.32.
| Shoals Technologies Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2026-06-30 | $0.40B | $0.62B | 0.65 |
| 2026-03-31 | $0.43B | $0.60B | 0.71 |
| 2025-12-31 | $0.30B | $0.60B | 0.51 |
| 2025-09-30 | $0.26B | $0.59B | 0.45 |
| 2025-06-30 | $0.22B | $0.58B | 0.38 |
| 2025-03-31 | $0.23B | $0.56B | 0.41 |
| 2024-12-31 | $0.24B | $0.56B | 0.42 |
| 2024-09-30 | $0.26B | $0.55B | 0.47 |
| 2024-06-30 | $0.24B | $0.55B | 0.45 |
| 2024-03-31 | $0.27B | $0.55B | 0.49 |
| 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 | $1.187B | $0.475B |
| 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. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| First Solar (FSLR) | United States | $22.247B | 12.76 |
| Nextpower (NXT) | United States | $12.536B | 21.46 |
| Enphase Energy (ENPH) | United States | $4.844B | 33.03 |
| SolarEdge Technologies (SEDG) | Israel | $2.174B | 0.00 |
| Sunrun (RUN) | United States | $2.006B | 5.63 |
| T1 Energy Inc (TE) | United States | $1.287B | 0.00 |
| Canadian Solar (CSIQ) | Canada | $0.879B | 0.00 |
| DAQO New Energy (DQ) | China | $0.779B | 0.00 |
| Array Technologies (ARRY) | United States | $0.679B | 9.00 |
| JinkoSolar Holding (JKS) | China | $0.594B | 0.00 |
| TOYO (TOYO) | Japan | $0.161B | 0.00 |
| Emeren Group (SOL) | United States | $0.100B | 0.00 |
| Tigo Energy (TYGO) | United States | $0.078B | 0.00 |
| CSLM Acquisition (SPWR) | United States | $0.070B | 0.00 |
| FTC Solar (FTCI) | United States | $0.037B | 0.00 |
| Maxeon Solar Technologies (MAXN) | Singapore | $0.029B | 0.00 |
| Ascent Solar Technologies (ASTI) | United States | $0.028B | 0.00 |
| Vivopower Plc (VVPR) | United Kingdom | $0.026B | 0.00 |
| Solarmax Technology (SMXT) | United States | $0.009B | 0.00 |
| Founder Group (FGL) | $0.000B | 0.00 | |
| ForceField Energy (FNRG) | United States | $0.000B | 0.00 |