Shoals Technologies Group Inc Defensive Interval Ratio
Shoals Technologies Group Inc defensive interval ratio. Shoals Technologies Group Inc (SHLS) has a Defensive Interval Ratio of 497 days as of September 2025. Defensive assets of $125.17 Million (cash $-, short-term investments $-, receivables $125.17 Million) cover 497 days of daily cash needs of $251.72K/day. See SHLS working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Shoals Technologies Group Inc (2018–2024)
Defensive interval ratio of Shoals Technologies Group Inc from 2018 to 2024. This chart shows how Shoals Technologies Group Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 497 days, meaning defensive assets of $125.17 Million can fund 497 days of operations without new revenue. Read Shoals Technologies Group Inc (SHLS) financial obligations for a breakdown of total debt and financial obligations.
Shoals Technologies Group Inc Defensive Interval Ratio by Year (2018–2024)
Shoals Technologies Group Inc defensive interval ratio by year from 2018 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Shoals Technologies Group Inc from 2018 to 2024, covering 7 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see Shoals Technologies Group Inc total assets.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 447 days | $99.02 Million | $221.68K/day | $- | $- | ▼ -134 days |
| 2023 | 580 days | $147.25 Million | $253.78K/day | $- | $- | ▲ +114 days |
| 2022 | 467 days | $67.29 Million | $144.17K/day | $- | $- | ▼ -54 days |
| 2021 | 521 days | $45.03 Million | $86.45K/day | $- | $- | ▲ +54 days |
| 2020 | 466 days | $30.80 Million | $66.03K/day | $- | $- | ▲ +23 days |
| 2019 | 443 days | $29.80 Million | $67.24K/day | $- | $- | ▼ -402 days |
| 2018 | 845 days | $26.01 Million | $30.78K/day | $- | $- | — |