Shoals Technologies Debt to Equity Ratio 2019-2024 | 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 September 30, 2024 was 0.26.
Shoals Technologies Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
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 $0.757B $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.
Stock Name Country Market Cap PE Ratio
First Solar (FSLR) United States $18.829B 15.15
Enphase Energy (ENPH) United States $8.890B 88.92
Nextracker (NXT) United States $4.925B 9.98
Sunrun (RUN) United States $2.048B 0.00
JinkoSolar Holding (JKS) China $1.277B 8.40
Array Technologies (ARRY) United States $0.811B 9.05
SolarEdge Technologies (SEDG) Israel $0.760B 0.00
Canadian Solar (CSIQ) Canada $0.712B 0.00
Sunnova Energy (NOVA) United States $0.421B 0.00
Complete Solaria (CSLR) United States $0.114B 0.00
Emeren Group (SOL) United States $0.092B 0.00
SolarBank (SUUN) Canada $0.066B 0.00
Tigo Energy (TYGO) United States $0.055B 0.00
Solarmax Technology (SMXT) United States $0.054B 0.00
FTC Solar (FTCI) United States $0.038B 0.00
Founder Group (FGL) $0.033B 0.00
TOYO (TOYO) $0.020B 0.00
SPI Energy (SPI) United States $0.012B 0.00
Vivopower Plc (VVPR) United Kingdom $0.006B 0.00
Maxeon Solar Technologies (MAXN) Singapore $0.004B 0.00
Ascent Solar Technologies (ASTI) United States $0.004B 0.00
ForceField Energy (FNRG) United States $0.000B 0.00