Shoals Technologies Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Shoals Technologies Group's balance sheet done over the years? Its assets were worth $843,993,000 last year, which is more than in the previous period. 35% of Shoals Technologies Group’s total assets is currently financed by debt. Its liabilities reached the amount of $298,997,000, which means an increase by 2% compared compared to last year.
Debt to Assets
| 2018 | 185533000 | 47.25M | 25.47% |
|---|---|---|---|
| 2019 | 187607000 | 37.70M | 20.1% |
| 2020 | 195310000 | 379.43M | 194.27% |
| 2021 | 426414000 | 433.91M | 101.76% |
| 2022 | 594895000 | 293.90M | 49.4% |
| 2023 | 843993000 | 298.99M | 35.43% |
SHLS Balance Sheet (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 22.70M | 8.76M | 5.00M | 10.07M | 7.08M | 108K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 147.25M | 67.28M | 45.03M | 30.79M | 29.79M | 26.00M |
Inventory | 52.80M | 72.85M | 38.36M | 15.12M | 8.83M | 9.94M |
Other current assets | 4.42M | 4.63M | 5.04M | 155K | 798K | 935K |
Total current assets | 227.18M | 153.54M | 93.44M | 56.14M | 46.51M | 36.99M |
Non-current assets: | ||||||
Property, Plant and Equipment | 27.70M | 16.87M | 15.57M | 12.76M | 10.94M | 10.40M |
Goodwill | 69.94M | 69.94M | 69.43M | 50.17M | 50.17M | 50.17M |
Intangible assets | 48.66M | 56.58M | 65.23M | 71.98M | 79.97M | 87.95M |
Long term investments | 0 | 0 | 4.55M | 0 | 0 | 0 |
Other non-current assets | 2.29M | 6.32M | 1.21M | 4.23M | -141.09M | 0 |
Total non-current assets | 616.80M | 441.35M | 332.96M | 139.16M | 141.09M | 148.54M |
Total assets | 843.99M | 594.89M | 426.41M | 195.31M | 187.60M | 185.53M |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 22.22M | 23.25M | 1.84M | 0 | 0 | 0 |
Short term debt | 3.14M | 2M | 2M | 3.5M | 12.89M | 3.5M |
Total current liabilities | 92.63M | 52.62M | 31.55M | 24.10M | 24.54M | 11.23M |
| Non-current liabilities: | ||||||
Long term debt | 181.56M | 237.06M | 245.05M | 355.33M | 13.16M | 36.01M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 24.80M | 4.22M | 157.30M | -355.33M | -13.16M | 0 |
Total non-current liabilities | 206.36M | 241.28M | 402.35M | 355.33M | 13.16M | 36.01M |
Total liabilities | 298.99M | 293.90M | 433.91M | 379.43M | 37.70M | 47.25M |
| Data source | Data source | Data source | Data source |