Shoals Technologies Group Inc (SHLS) — Cash Flow Quality Index
Shoals Technologies Group Inc (SHLS) has a Cash Flow Quality Index of 1.63x as of September 2025. Operating cash flow of $19.42 Million exceeds net income of $11.88 Million, indicating high earnings quality where cash backs reported profits. Explore debt repayment capacity of Shoals Technologies Group Inc to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shoals Technologies Group Inc Cash Flow Quality Index (2018–2024)
Historical Cash Flow Quality Index for Shoals Technologies Group Inc across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Shoals Technologies Group Inc cash conversion from operations.
Annual Cash Flow Quality Index for Shoals Technologies Group Inc (2018–2024)
Year-by-year earnings quality comparison for Shoals Technologies Group Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 3.33x | $80.39 Million | $24.13 Million | ▲ +54.6% |
| 2023 | 2.16x | $91.95 Million | $42.66 Million | ▲ +681.3% |
| 2022 | 0.28x | $39.45 Million | $143.01 Million | ▲ +126.6% |
| 2021 | -1.04x | $-4.08 Million | $3.94 Million | ▼ -164.6% |
| 2020 | 1.60x | $54.08 Million | $33.77 Million | ▲ +11.3% |
| 2019 | 1.44x | $36.18 Million | $25.14 Million | ▲ +314.6% |
| 2018 | 0.35x | $3.00 Million | $8.65 Million | — |