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Shoals Technologies Group Stock

Shoals Technologies Group Equity 2024

Shoals Technologies Group Equity

545 M USD

Ticker

SHLS

ISIN

US82489W1071

In 2024, Shoals Technologies Group's equity was 545 M USD, a 87.03% increase from the 291.4 M USD equity in the previous year.

Shoals Technologies Group Aktienanalyse

What does Shoals Technologies Group do?

Shoals Technologies Group Inc is a company specializing in the manufacturing and selling of electronic components for solar installations. It was founded in 1996 and is headquartered in Portland, Tennessee, USA. Shoals Technologies was founded by Dean Solon and Joe Pritzel, who recognized the need for efficient solar wiring and established the company to address this gap. The company's business model revolves around producing and selling electronic components for solar installations, with a focus on PV string monitoring and safety devices, MBB interconnections, and solutions for photovoltaic systems. The company's main divisions include String Routing Systems (SRS), Quick Mounting Systems (QMS), and Voltage Testing. SRS devices monitor and supervise solar installations, measuring panel power consumption and providing an overview of system performance. QMS products are easy to install and help save time and money during solar installation. Shoals Technologies' voltage testing is essential for ensuring proper functioning of solar systems and detecting faults. The company's products are used in over 50 countries and cater to solar plant operators, installers, and module manufacturers. Shoals Technologies aims to provide reliable, efficient, and cost-effective solutions for the solar industry. The company has a history of innovation and growth, continuously developing new products and services to meet customer demands. In 2016, Shoals Technologies acquired a production facility in China to expand its reach in the Asian solar industry. Shortly after, the company went public and is currently listed on NASDAQ under the ticker symbol SHLS. Shoals Technologies strives to shape the future of solar energy through innovative products and technologies. They see themselves as pioneers in the industry, committed to supporting global customers in generating clean and sustainable energy. Shoals Technologies Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Shoals Technologies Group's Equity

Shoals Technologies Group's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Shoals Technologies Group's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Shoals Technologies Group's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Shoals Technologies Group's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Shoals Technologies Group’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Shoals Technologies Group stock

What is the equity of Shoals Technologies Group this year?

Shoals Technologies Group has equity of 545 M USD this year.

What was the equity of Shoals Technologies Group compared to the previous year?

The equity of Shoals Technologies Group has increased/decreased by 87.03% increased compared to the previous year.

What impact does a high equity have on investors of Shoals Technologies Group?

A high equity is advantageous for investors of Shoals Technologies Group as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Shoals Technologies Group?

A low equity can be a risk for investors of Shoals Technologies Group, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Shoals Technologies Group affect the company?

An increase in equity of Shoals Technologies Group can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Shoals Technologies Group affect the company?

A reduction in equity of Shoals Technologies Group can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Shoals Technologies Group?

Some factors that can affect the equity of Shoals Technologies Group include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Shoals Technologies Group so important for investors?

The equity of Shoals Technologies Group is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Shoals Technologies Group take to change the equity?

To change equity, Shoals Technologies Group can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Shoals Technologies Group pay?

Over the past 12 months, Shoals Technologies Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Shoals Technologies Group is expected to pay a dividend of 0 USD.

What is the dividend yield of Shoals Technologies Group?

The current dividend yield of Shoals Technologies Group is .

When does Shoals Technologies Group pay dividends?

Shoals Technologies Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Shoals Technologies Group?

Shoals Technologies Group paid dividends every year for the past 0 years.

What is the dividend of Shoals Technologies Group?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Shoals Technologies Group located?

Shoals Technologies Group is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Shoals Technologies Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shoals Technologies Group from 10/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/29/2024.

When did Shoals Technologies Group pay the last dividend?

The last dividend was paid out on 10/29/2024.

What was the dividend of Shoals Technologies Group in the year 2023?

In the year 2023, Shoals Technologies Group distributed 0 USD as dividends.

In which currency does Shoals Technologies Group pay out the dividend?

The dividends of Shoals Technologies Group are distributed in USD.

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Andere Kennzahlen von Shoals Technologies Group

Our stock analysis for Shoals Technologies Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Shoals Technologies Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.