Shoals Technologies Group Inc (SHLS) — Financial Flexibility Index

Latest as of September 2025: 0.11x

Shoals Technologies Group Inc (SHLS) has a Financial Flexibility Index of 0.11x as of September 2025. Free cash flow of $29.87 Million (operating CF $19.42 Million minus capex $10.45 Million) represents 0% of total liabilities ($262.15 Million). Check Shoals Technologies Group Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.11x
Free Cash Flow / Total Liabilities

Free Cash Flow

$29.87 Million
Operating CF − Capex

Total Liabilities

$262.15 Million
USD

Capital Expenditures

$10.45 Million
USD

Shoals Technologies Group Inc Financial Flexibility Index (2018–2024)

Historical Financial Flexibility Index trend for Shoals Technologies Group Inc across 7 annual periods. For the full cash flow conversion analysis, see SHLS cash flow metrics.

Annual Financial Flexibility Index for Shoals Technologies Group Inc (2018–2024)

Year-by-year free cash flow to debt coverage for Shoals Technologies Group Inc. Explore cash flow to debt ratio of Shoals Technologies Group Inc to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 0.38x $88.78 Million $80.39 Million $236.28 Million ▲ +9.6%
2023 0.34x $102.53 Million $91.95 Million $299.00 Million ▲ +136.5%
2022 0.14x $42.61 Million $39.45 Million $293.91 Million ▲ +146193.9%
2021 0.00x $43.00K $-4.08 Million $433.91 Million ▼ -99.9%
2020 0.15x $57.32 Million $54.08 Million $379.43 Million ▼ -85.0%
2019 1.01x $37.90 Million $36.18 Million $37.70 Million ▲ +978.1%
2018 0.09x $4.41 Million $3.00 Million $47.25 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities