Shoals Technologies Group Inc (SHLS)
8.49
+0.03
(+0.35%)
USD |
NASDAQ |
Apr 24, 16:00
8.49
0.00 (0.00%)
After-Hours: 19:38
Shoals Technologies Group Debt to Equity Ratio: 0.3329 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| 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 |
| March 31, 2022 | 35.74 |
| December 31, 2021 | 96.77 |
| Date | Value |
|---|---|
| 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
28.49
Average
0.3978
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| First Solar Inc | 0.0838 |
| Enphase Energy Inc | 1.315 |
| Array Technologies Inc | 1.118 |
| SunPower Corp | 1.127 |
| NEXTracker Inc | -0.0464 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 843.99M |
| Total Liabilities (Quarterly) | 299.00M |
| Shareholders Equity (Quarterly) | 545.00M |
| Current Ratio | 2.453 |
| Net Debt Paydown Yield | 0.72% |