Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions, a plug-and-play cable and cabinet solutions; homeruns, interconnection, and extension solutions; combiners and re-combiners; load break disconnects and transition solutions which reduces feeder sizes or disconnect systems for mainte… Read more
Shoals Technologies Group Inc (SHLS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: 0.028x
Based on the latest financial reports, Shoals Technologies Group Inc (SHLS) has a cash flow conversion efficiency ratio of 0.028x as of March 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($15.56 Million) by net assets ($558.93 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shoals Technologies Group Inc - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Shoals Technologies Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Shoals Technologies Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shoals Technologies Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tangshan Sanyou Chemical Industries Co Ltd
SHG:600409
|
0.021x |
|
Shenzhen United Winners Laser Co Ltd
SHG:688518
|
0.048x |
|
Sumitomo Osaka Cement Co. Ltd
F:SU2
|
N/A |
|
Mando Corp
KO:204320
|
0.109x |
|
BKI Investment Company Ltd
AU:BKI
|
0.026x |
|
Plymouth Industrial REIT Inc
NYSE:PLYM
|
0.027x |
|
PTT OIL+RET.BUS.-NVDR- 10
F:7F80
|
N/A |
|
PC Connection Inc
NASDAQ:CNXN
|
-0.060x |
Annual Cash Flow Conversion Efficiency for Shoals Technologies Group Inc (2018–2024)
The table below shows the annual cash flow conversion efficiency of Shoals Technologies Group Inc from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $556.80 Million | $80.39 Million | 0.144x | -14.43% |
| 2023-12-31 | $545.00 Million | $91.95 Million | 0.169x | +28.72% |
| 2022-12-31 | $300.99 Million | $39.45 Million | 0.131x | -75.93% |
| 2021-12-31 | $-7.50 Million | $-4.08 Million | 0.545x | +285.39% |
| 2020-12-31 | $-184.12 Million | $54.08 Million | -0.294x | -221.69% |
| 2019-12-31 | $149.91 Million | $36.18 Million | 0.241x | +1012.18% |
| 2018-12-31 | $138.28 Million | $3.00 Million | 0.022x | -- |