Shoals Tax Provision from 2010 to 2025

SHLS Stock  USD 3.31  0.11  3.22%   
Shoals Technologies Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision is likely to outpace its year average in 2025. Tax Provision is the amount set aside by Shoals Technologies Group to cover any estimated taxes for the current period. It reflects Shoals Technologies' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
13.7 M
Current Value
14.4 M
Quarterly Volatility
5.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shoals Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shoals Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.2 M, Interest Expense of 12.4 M or Selling General Administrative of 46.5 M, as well as many indicators such as Price To Sales Ratio of 2.22, Dividend Yield of 0.0716 or PTB Ratio of 1.59. Shoals financial statements analysis is a perfect complement when working with Shoals Technologies Valuation or Volatility modules.
  
Check out the analysis of Shoals Technologies Correlation against competitors.

Latest Shoals Technologies' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Shoals Technologies Group over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Shoals Technologies' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shoals Technologies' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Shoals Tax Provision Regression Statistics

Arithmetic Mean2,713,738
Geometric Mean0.00
Coefficient Of Variation189.80
Mean Deviation4,059,856
Median0.00
Standard Deviation5,150,598
Sample Variance26.5T
Range14.4M
R-Value0.74
Mean Square Error12.9T
R-Squared0.55
Significance0
Slope800,681
Total Sum of Squares397.9T

Shoals Tax Provision History

202514.4 M
202413.7 M
20236.2 M
2022M
202186 K

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although Shoals Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Shoals Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Shoals Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision13.7 M14.4 M

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Additional Tools for Shoals Stock Analysis

When running Shoals Technologies' price analysis, check to measure Shoals Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shoals Technologies is operating at the current time. Most of Shoals Technologies' value examination focuses on studying past and present price action to predict the probability of Shoals Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoals Technologies' price. Additionally, you may evaluate how the addition of Shoals Technologies to your portfolios can decrease your overall portfolio volatility.