Shoals Technologies Group Inc (SHLS) — Net Asset Momentum
Shoals Technologies Group Inc (SHLS) recorded a net asset momentum of 2.2% as of December 2024, with net assets of $556.80 Million USD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. Check Shoals Technologies Group Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
YoY Momentum
Current Net Assets
Years of Data
Country
Shoals Technologies Group Inc Net Asset Momentum (2018–2024)
This chart tracks Shoals Technologies Group Inc's year-over-year net asset growth across 7 annual reporting periods from 2018 to 2024. The most recent momentum reading is +2.2%, with net assets of $556.80 Million USD as of December 2024. Read SHLS total debt and obligations for a breakdown of total debt and financial obligations.
Annual Net Asset History for Shoals Technologies Group Inc (2018–2024)
The table below shows the complete annual net asset history for Shoals Technologies Group Inc from 2018 to 2024, covering 7 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see SHLS stock market capitalisation.
| Year | Net Assets (USD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2024 | $556.80 Million | $793.08 Million | $236.28 Million | ▲ +2.2% |
| 2023 | $545.00 Million | $843.99 Million | $299.00 Million | ▲ +81.1% |
| 2022 | $300.99 Million | $594.89 Million | $293.91 Million | ▲ +4114.3% |
| 2021 | $-7.50 Million | $426.41 Million | $433.91 Million | ▲ +95.9% |
| 2020 | $-184.12 Million | $195.31 Million | $379.43 Million | ▼ -222.8% |
| 2019 | $149.91 Million | $187.61 Million | $37.70 Million | ▲ +8.4% |
| 2018 | $138.28 Million | $185.53 Million | $47.25 Million | — |