Shoals Historical Financial Ratios
SHLS Stock | USD 5.22 0.04 0.76% |
Shoals Technologies is promptly reporting on over 99 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 3.49, Free Cash Flow Yield of 0.0335, Invested Capital of 0.0 or Operating Cash Flow Per Share of 0.59 will help investors to properly organize and evaluate Shoals Technologies financial condition quickly.
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About Shoals Financial Ratios Analysis
Shoals TechnologiesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Shoals Technologies investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Shoals financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Shoals Technologies history.
Shoals Technologies Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Shoals Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Shoals Technologies sales, a figure that is much harder to manipulate than other Shoals Technologies Group multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Shoals Technologies Group dividend as a percentage of Shoals Technologies stock price. Shoals Technologies dividend yield is a measure of Shoals Technologies stock productivity, which can be interpreted as interest rate earned on an Shoals Technologies investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most ratios from Shoals Technologies' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Shoals Technologies current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shoals Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Shoals Technologies' Inventory Turnover is comparatively stable compared to the past year. Payables Turnover is likely to gain to 23.39 in 2024, whereas PTB Ratio is likely to drop 4.45 in 2024.
2023 | 2024 (projected) | Dividend Yield | 0.0682 | 0.0716 | Price To Sales Ratio | 5.22 | 4.96 |
Shoals Technologies fundamentals Correlations
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Shoals Technologies Account Relationship Matchups
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Shoals Technologies fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 34.36 | 28.29 | 12.77 | 8.64 | 5.22 | 4.96 | |
Ptb Ratio | 33.12 | (26.97) | 1.1K | 9.69 | 4.68 | 4.45 | |
Days Sales Outstanding | 75.27 | 64.05 | 77.09 | 75.12 | 109.93 | 65.73 | |
Book Value Per Share | 0.94 | (1.15) | (0.0669) | 2.63 | 3.32 | 3.49 | |
Free Cash Flow Yield | 0.006941 | 0.0102 | (0.003015) | 0.0129 | 0.0319 | 0.0335 | |
Capex To Depreciation | 0.19 | 0.34 | 0.41 | 0.3 | 1.0 | 1.05 | |
Pb Ratio | 33.12 | (26.97) | 1.1K | 9.69 | 4.68 | 4.45 | |
Ev To Sales | 34.5 | 30.28 | 13.91 | 9.34 | 5.55 | 5.27 | |
Inventory Turnover | 11.35 | 7.21 | 3.4 | 2.69 | 6.07 | 7.03 | |
Days Of Inventory On Hand | 32.15 | 50.65 | 107.26 | 135.93 | 60.11 | 57.88 | |
Payables Turnover | 9.66 | 7.45 | 6.53 | 20.63 | 22.27 | 23.39 | |
Capex To Revenue | 0.0119 | 0.0184 | 0.0194 | 0.009647 | 0.0216 | 0.0126 | |
Cash Per Share | 0.0442 | 0.0628 | 0.0447 | 0.0766 | 0.14 | 0.15 | |
Pocfratio | 137.24 | 91.81 | (666.87) | 71.59 | 27.74 | 26.36 | |
Interest Coverage | 15.07 | 10.62 | 2.49 | 9.2 | 3.28 | 3.12 | |
Pfcf Ratio | 144.08 | 97.66 | (331.69) | 77.81 | 31.35 | 29.78 | |
Days Payables Outstanding | 37.79 | 49.02 | 55.87 | 17.69 | 16.39 | 15.57 | |
Income Quality | 1.44 | 1.6 | (1.04) | 0.28 | 2.3 | 2.42 | |
Roe | 0.17 | (0.18) | 1.54 | 0.44 | 0.0733 | 0.0697 | |
Ev To Operating Cash Flow | 137.76 | 98.26 | (726.15) | 77.43 | 29.5 | 28.03 | |
Pe Ratio | 197.49 | 147.05 | 690.37 | 22.13 | 63.82 | 60.63 | |
Return On Tangible Assets | 0.44 | 0.46 | 0.0135 | 0.27 | 0.0551 | 0.0524 | |
Ev To Free Cash Flow | 144.63 | 104.52 | (361.17) | 84.15 | 33.34 | 31.67 | |
Earnings Yield | 0.005064 | 0.0068 | 0.001449 | 0.0452 | 0.0157 | 0.0102 | |
Intangibles To Total Assets | 0.69 | 0.63 | 0.32 | 0.21 | 0.14 | 0.13 | |
Net Debt To E B I T D A | 0.53 | 7.47 | 4.98 | 1.27 | 1.81 | 3.3 | |
Current Ratio | 1.9 | 2.33 | 2.96 | 2.92 | 2.45 | 2.9 | |
Tangible Book Value Per Share | 0.12 | (1.91) | (1.27) | 1.52 | 2.6 | 2.73 | |
Receivables Turnover | 4.85 | 5.7 | 4.73 | 4.86 | 3.32 | 5.04 | |
Graham Number | 1.82 | 2.33 | 0.13 | 7.99 | 4.26 | 2.34 | |
Shareholders Equity Per Share | 0.94 | (1.15) | 0.0228 | 2.54 | 3.32 | 3.49 |
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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.