Shoals Technologies Debt to Equity Ratio 2019-2025 | 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 March 31, 2025 was 0.25.
Shoals Technologies Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
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 $0.826B $0.399B
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 $17.571B 13.93
Nextracker (NXT) United States $8.434B 15.97
Enphase Energy (ENPH) United States $5.419B 30.15
Sunrun (RUN) United States $1.915B 4.68
Array Technologies (ARRY) United States $1.129B 11.94
SolarEdge Technologies (SEDG) Israel $1.047B 0.00
JinkoSolar Holding (JKS) China $0.952B 0.00
Canadian Solar (CSIQ) Canada $0.745B 0.00
T1 Energy Inc (TE) United States $0.167B 0.00
TOYO (TOYO) $0.152B 0.00
CSLM Acquisition (SPWR) United States $0.140B 0.00
Emeren Group (SOL) United States $0.087B 0.00
Skycorp Solar Group (PN) $0.080B 0.00
Tigo Energy (TYGO) United States $0.067B 0.00
Vivopower Plc (VVPR) United Kingdom $0.060B 0.00
Solarmax Technology (SMXT) United States $0.055B 0.00
FTC Solar (FTCI) United States $0.054B 0.00
SolarBank (SUUN) Canada $0.047B 0.00
Sunnova Energy (NOVA) United States $0.026B 0.00
Founder Group (FGL) $0.019B 0.00
Ascent Solar Technologies (ASTI) United States $0.003B 0.00
Maxeon Solar Technologies (MAXN) Singapore $0.002B 0.00
ForceField Energy (FNRG) United States $0.000B 0.00