Shoals Technologies Group Inc Tangible Net Worth Ratio
Shoals Technologies Group Inc tangible net worth ratio. Shoals Technologies Group Inc (SHLS) has a Tangible Net Worth Ratio of 94.0% as of September 2025. This metric is calculated by deducting intangible assets ($35.40 Million) from net assets ($589.64 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of Shoals Technologies Group Inc to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Shoals Technologies Group Inc (2018–2024)
Tangible net worth ratio of Shoals Technologies Group Inc from 2018 to 2024. This chart shows how Shoals Technologies Group Inc's Tangible Net Worth Ratio has changed across 5 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 94.0%, reflecting net assets of $589.64 Million with intangible assets of $35.40 Million USD. Check how strategically is Shoals Technologies Group Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Shoals Technologies Group Inc Tangible Net Worth Ratio by Year (2018–2024)
Shoals Technologies Group Inc tangible net worth ratio by year from 2018 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Shoals Technologies Group Inc from 2018 to 2024, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see SHLS stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 92.6% | $556.80 Million | $41.08 Million | $793.08 Million | ▲ +1.6 pp |
| 2023 | 91.1% | $545.00 Million | $48.67 Million | $843.99 Million | ▲ +9.9 pp |
| 2022 | 81.2% | $300.99 Million | $56.59 Million | $594.89 Million | ▲ +34.5 pp |
| 2019 | 46.7% | $149.91 Million | $79.97 Million | $187.61 Million | ▲ +10.3 pp |
| 2018 | 36.4% | $138.28 Million | $87.96 Million | $185.53 Million | — |