Shyft Group

Shyft Group Liabilities

Delisted

The The Liabilities of Shyft Group (SHYF) as of Oct 31, 2026 is 320.43 M USD. In the previous year, The Liabilities was 277.88 M USD — a change of 15.31% (higher).

Liabilities

320.43 MUSD

YoY

15.31%

Last updated:

In 2024, Shyft Group's total liabilities amounted to 320.43 M USD, a 15.31% difference from the 277.88 M USD total liabilities in the previous year.

The Shyft Group Liabilities history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Liabilities
Date
Liabilities
Jan 1, 2017
132.90 M USD
Jan 1, 2018
167.70 M USD
Jan 1, 2019
278.79 M USD
Jan 1, 2020
158.89 M USD
Jan 1, 2021
181.01 M USD
Jan 1, 2022
311.79 M USD
Jan 1, 2023
277.88 M USD
Jan 1, 2024
320.43 M USD
The Shyft Group Liabilities history
YEARLiabilitiesYoY
320.43 MUSD+15.31%
277.88 MUSD-10.87%
311.79 MUSD+72.25%
181.01 MUSD+13.92%
158.89 MUSD-43.01%
278.79 MUSD+66.24%
167.70 MUSD+26.19%
132.90 MUSD+47.10%
90.34 MUSD+9.93%
82.18 MUSD+17.07%
70.20 MUSD—

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Shyft Group Stock analysis

What does Shyft Group do? The Shyft Group Inc is a leading company in the specialty vehicles sector, headquartered in Novi, Michigan, USA. The company's history dates back to 1952 when it was founded under the name Brown Industries. Since then, the company has continuously evolved and is now a key player in various segments of the transportation industry. The business model of Shyft Group Inc is based on the development and manufacturing of vehicles tailored to the specific needs and requirements of customers. The company uses advanced technologies and materials to produce innovative and durable vehicles. The range of services includes the development of specialty vehicles for delivery, material transport, mobile workshops, emergency services, and mobile businesses. Overall, the company consists of four different divisions. The first division, Shyft Fleet Vehicles and Services, specializes in the development and manufacturing of commercial vehicles. This includes courier, parcel delivery, utility vehicles, and heavy-duty transporters. The vehicles of Shyft Fleet Vehicles and Services are manufactured in close collaboration with customers to meet the specific requirements of various industries such as agriculture, maintenance and repair of communication equipment, or automotive services. The second division of Shyft Group Inc is Spartan Emergency Response and manufactures specialized response vehicles, fire trucks, rescue vehicles, and command vehicles. These vehicles are used, for example, by fire departments or emergency medical services. The specialty vehicles are designed to be optimally tailored to the needs of different customers. The third division of Shyft Group Inc is Spartan Specialty Vehicles, which produces mobile businesses or mobile sales booths, for example. The vehicles of Spartan Specialty Vehicles are used, for instance, as mobile workshops or stationary solutions for dealers and events. Customers can have the vehicles customized to ensure that they meet the specific requirements of their respective companies or event organizers. The fourth division of Shyft Group Inc is Spartan Motors International, which specializes in the export of specialty vehicles abroad. This primarily reaches customers in Asia, Africa, and Europe. With this, Shyft Group Inc has been able to expand its global presence and steadily increase its revenue since the beginning of the export business. Shyft Group Inc offers a wide range of products, all tailored to the specific needs of customers. The already mentioned commercial vehicles and specialty vehicles form only part of the product offering. The company also produces so-called Morgan storage solutions, which have foldable walls and can be easily dismantled as truck bodies. The technologies used in the development and manufacturing of the vehicles are advanced and forward-thinking. An important argument for the company is the commitment to producing environmentally friendly and resource-efficient vehicles. For example, many of the vehicles have alternative propulsion or exhaust cleaning systems to reduce CO2 emissions and other pollutants. In summary, Shyft Group Inc is an important player in the specialty vehicles market. With four different divisions and a wide range of products, the company aims to serve customers in various industries and regions. The focus on customer orientation, innovation, and sustainability is a key unique selling point of the company. Shyft Group is one of the most popular companies on Eulerpool.

Liabilities Details

Assessing Shyft Group's Liabilities

Shyft Group's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Shyft Group's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Shyft Group's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Shyft Group's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Shyft Group’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Shyft Group stock

The Liabilities of Shyft Group is 320.43 M USD in 2024.

The Liabilities of Shyft Group changed from 277.88 M USD to 320.43 M USD, representing a 15.31% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of The Liabilities Shyft Group since 2006 – with annual values, charts, and detailed analysis.

The Liabilities's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track The Liabilities's Shyft Group historically and in real time.

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Balance Sheet — Shyft Group

All Key Metrics — Shyft Group