Shoals Technologies Group Inc Cash Flow Conversion Efficiency
Shoals Technologies Group Inc cash flow conversion efficiency. Based on the latest financial reports, Shoals Technologies Group Inc (SHLS) has a cash flow conversion efficiency ratio of 0.033x as of September 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 ($19.42 Million) by net assets ($589.64 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Shoals Technologies Group Inc market cap and net worth for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of Shoals Technologies Group Inc (2018–2024)
Cash flow conversion efficiency of Shoals Technologies Group Inc from 2018 to 2024. This chart illustrates how Shoals Technologies Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Shoals Technologies Group Inc for real-time trading data and today's change.
Shoals Technologies Group Inc Cash Flow Conversion Ratio Explained
Shoals Technologies Group Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Review SHLS free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Amore Group
KO:002790
|
0.022x |
|
Orezone Gold Corporation
AU:ORE
|
0.302x |
|
Corbion NV
AS:CRBN
|
0.038x |
|
Data 3 Ltd
AU:DTL
|
-2.422x |
|
Sinopep-Allsino Biopharmaceutical Co. Ltd. A
SHG:688076
|
0.022x |
|
Amalgamated Bank
NASDAQ:AMAL
|
0.070x |
|
Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira
SA:INTB3
|
0.150x |
|
Zhejiang Yongjin Metal Technology Co Ltd
SHG:603995
|
0.057x |
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. Also see SHLS asset base for a full breakdown of the balance sheet.
| 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 | -- |
About Shoals Technologies Group Inc
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 soluti… Read more