Shoals Technologies Group Inc (SHLS)
4.40
-0.01
(-0.23%)
USD |
NASDAQ |
Nov 21, 16:00
4.53
+0.13
(+2.95%)
After-Hours: 20:00
Shoals Technologies Group Debt to Equity Ratio: 0.26 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.26 |
| June 30, 2024 | 0.2695 |
| March 31, 2024 | 0.3046 |
| December 31, 2023 | 0.3329 |
| September 30, 2023 | 0.3629 |
| June 30, 2023 | 0.3978 |
| March 31, 2023 | 0.466 |
| December 31, 2022 | 0.8205 |
| September 30, 2022 | 10.49 |
| June 30, 2022 | 18.26 |
| Date | Value |
|---|---|
| March 31, 2022 | 35.74 |
| December 31, 2021 | 96.77 |
| September 30, 2021 | 295.06 |
| June 30, 2021 | -16.20 |
| March 31, 2021 | -11.45 |
| December 31, 2020 | -1.949 |
| September 30, 2020 | -1.958 |
| June 30, 2020 | |
| March 31, 2020 | |
| December 31, 2019 | 0.1738 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-16.20
Minimum
Jun 2021
295.06
Maximum
Sep 2021
23.79
Average
0.3479
Median
Debt to Equity Ratio Benchmarks
| First Solar Inc | 0.0766 |
| NVIDIA Corp | 0.1284 |
| Enphase Energy Inc | 1.396 |
| Intel Corp | 0.5047 |
| Broadcom Inc | 1.065 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 801.30M |
| Total Liabilities (Quarterly) | 256.10M |
| Shareholders Equity (Quarterly) | 545.20M |
| Current Ratio | 2.076 |
| Net Debt Paydown Yield | 1.47% |