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 on a YoY basis from $2.0 million in Q4 2022, and little changed quarter-over-quarter from $2.0 million in Q3 2023.
Analysis
Shoals Technologies (SHLS) Short term Debt (2020 - 2023) Analysis & Trends
Shoals Technologies (SHLS) has reported Short term Debt for 4 consecutive years, with $2.0 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Short term Debt changed 0.0% year-over-year to $2.0 million; the trailing twelve-month figure through Dec 2023 stood at $2.0 million (changed 0.0% YoY), and the FY2023 full-year result was $2.0 million, changed 0.0% from the prior year.
- Short term Debt held at $2.0 million in Q4 2023 per SHLS's latest filing, from $2.0 million in the prior quarter.
- Across five years, Short term Debt topped out at $3.5 million in Q4 2020 and bottomed at $2.0 million in Q3 2021.
- Historically, Short term Debt has averaged $2.3 million across 4 years, with a median of $2.0 million in 2021.
- The sharpest annual moves came in 2021 and 2022: Short term Debt tumbled 42.86% in 2021, then changed 0.0% in 2022.
- Over 4 years, Short term Debt stood at $3.5 million in 2020, then slumped 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.
- According to Business Quant data, Short term Debt over the past three periods registered $2.0 million, $2.0 million, and $2.0 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn |
Historic Data
Download Data
Historic 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 |