Shoals Technologies (SHLS) Other financing activities (2020 - 2024)
Shoals Technologies (SHLS) reported Other financing activities of -$2.6 million for Q4 2024, down 327.61% on a YoY basis from $1.2 million in Q1 2024, and down 535.31% quarter-over-quarter from $606000.0 in Q2 2024.
Shoals Technologies (SHLS) Other financing activities (2020 - 2024) Analysis & Trends
Shoals Technologies has reported Other financing activities for 4 years, with the latest figure at -$2.6 million in Q4 2024.
- For the quarter ending Q4 2024, Other financing activities fell 327.61% year-over-year to -$2.6 million; the trailing twelve-month figure through Sep 2025 stood at -$2.6 million (down 169.48% YoY), and the FY2023 full-year result was $1.2 million, changed N/A from the prior year.
- Other financing activities for Q4 2024 stood at -$2.6 million, down from $606000.0 in the prior quarter.
- The five-year high for Other financing activities was $9.6 million in Q4 2021, with the low at -$2.6 million in Q4 2024.
- Historically, Other financing activities has averaged $1.5 million across 4 years, with a median of $882500.0 in 2023.
- The largest YoY upside for Other financing activities was 465.47% in 2024 against a maximum downside of 327.61% in 2024.
- Shoals Technologies' Other financing activities stood at $3.7 million in 2020, then soared by 157.09% to $9.6 million in 2021, then plunged by 87.94% to $1.2 million in 2023, then sank by 327.61% to -$2.6 million in 2024.
- The last three Other financing activities figures came in at -$2.6 million (Q4 2024), $606000.0 (Q2 2024), and $2.0 million (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -2.64 Mn |
| Dec 31, 2024 | -2.64 Mn |
| Jun 30, 2024 | 606,000.00 |
| Jun 30, 2024 | 606,000.00 |
| Mar 31, 2024 | 2.03 Mn |
| Mar 31, 2024 | 2.03 Mn |
| Dec 31, 2023 | 1.16 Mn |
| Dec 31, 2023 | 1.16 Mn |
| Sep 30, 2023 | 1.16 Mn |
| Sep 30, 2023 | 1.16 Mn |
| Jun 30, 2023 | -603,000.00 |
| Jun 30, 2023 | -603,000.00 |
| Mar 31, 2023 | -556,000.00 |
| Mar 31, 2023 | -556,000.00 |
| Dec 31, 2021 | 9.61 Mn |
| Dec 31, 2021 | 9.61 Mn |
| Mar 31, 2021 | 94,000.00 |
| Mar 31, 2021 | 94,000.00 |
| Dec 31, 2020 | 3.74 Mn |
| Dec 31, 2020 | 3.74 Mn |