Shoals Technologies Group Inc Cash Flow Quality Index
Shoals Technologies Group Inc 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 SHLS debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Shoals Technologies Group Inc (2018–2024)
Cash flow quality index of Shoals Technologies Group Inc from 2018 to 2024. Historical Cash Flow Quality Index for Shoals Technologies Group Inc across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. See SHLS net asset quality index to measure how much of total assets are equity-financed.
Shoals Technologies Group Inc Cash Flow Quality Index by Year (2018–2024)
Shoals Technologies Group Inc cash flow quality index by year from 2018 to 2024. Year-by-year earnings quality comparison for Shoals Technologies Group Inc. For the full cash flow conversion analysis, see Shoals Technologies Group Inc cash conversion from operations.
| 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 | — |