Shoals Technologies (SHLS) Short term Debt (2020 - 2023)
Shoals Technologies' (SHLS) quarterly Short term Debt came in at $2.0 million in Q4 2023, little changed YoY from $2.0 million in Q4 2022, and little changed on a QoQ basis from $2.0 million in Q3 2023.
Shoals Technologies (SHLS) Short term Debt (2020 - 2023) Analysis & Trends
Shoals Technologies (SHLS) has 4 years of Short term Debt data on file, last reported at $2.0 million in Q4 2023.
- Quarterly Short term Debt changed 0.0% year-over-year to $2.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $2.0 million (changed 0.0% YoY) and the FY2023 annual result came in at $2.0 million, changed 0.0% from the prior year.
- Short term Debt held at $2.0 million in Q4 2023, from $2.0 million in the prior quarter.
- In the past five years, Short term Debt ranged from a high of $3.5 million in Q4 2020 to a low of $2.0 million in Q3 2021.
- A 4-year average of $2.3 million and a median of $2.0 million in 2021 frame the typical range for Short term Debt.
- Annual changes were most pronounced in 2021 — Short term Debt slumped 42.86% — and 2022, when it changed 0.0%.
- Tracing SHLS's Short term Debt over 4 years: stood at $3.5 million in 2020, then plunged by 42.86% to $2.0 million in 2021, then changed by 0.0% to $2.0 million in 2022, then changed by 0.0% to $2.0 million in 2023.
- The last three Short term Debt figures came in at $2.0 million (Q4 2023), $2.0 million (Q3 2023), and $2.0 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 2.00 Mn |
| Sep 30, 2023 | 2.00 Mn |
| Jun 30, 2023 | 2.00 Mn |
| Mar 31, 2023 | 2.00 Mn |
| Dec 31, 2022 | 2.00 Mn |
| Sep 30, 2022 | 2.00 Mn |
| Jun 30, 2022 | 2.00 Mn |
| Mar 31, 2022 | 2.00 Mn |
| Dec 31, 2021 | 2.00 Mn |
| Sep 30, 2021 | 2.00 Mn |
| Jun 30, 2021 | 3.50 Mn |
| Mar 31, 2021 | 3.50 Mn |
| Dec 31, 2020 | 3.50 Mn |