Shoals Technologies Group Inc (SHLS) - Total Liabilities
Based on the latest financial reports, Shoals Technologies Group Inc (SHLS) has total liabilities worth $262.15 Million USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Also explore Shoals Technologies Group Inc (SHLS) equity growth momentum to track the company's year-over-year net asset growth rate.
Shoals Technologies Group Inc - Total Liabilities Trend (2018–2024)
This chart illustrates how Shoals Technologies Group Inc's total liabilities have evolved over time, based on quarterly financial data. See SHLS free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Shoals Technologies Group Inc Competitors by Total Liabilities
The table below lists competitors of Shoals Technologies Group Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
SÜSS MicroTec SE
F:SMHN
|
Germany | €218.69 Million |
|
Sildarvinnslan Hf.
IC:SVN
|
Iceland | Ikr388.55 Million |
|
Hubei Zhongyi Science Technology Co. Ltd.
SHE:301150
|
China | CN¥3.88 Billion |
|
Zhejiang Dayuan Pumps Ind Co
SHG:603757
|
China | CN¥698.45 Million |
|
Shenzhen Dynanonic Co Ltd
SHE:300769
|
China | CN¥12.27 Billion |
|
SALZGITTER UNSP.ADR 1/10
F:SZGA
|
Germany | €6.16 Billion |
|
TX Group AG
SW:TXGN
|
Switzerland | CHF797.00 Million |
|
Viridian Therapeutics Inc
NASDAQ:VRDN
|
USA | $153.01 Million |
Liability Composition Analysis (2018–2024)
This chart breaks down Shoals Technologies Group Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see SHLS stock market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.19 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.44 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.31 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Shoals Technologies Group Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Shoals Technologies Group Inc (2018–2024)
The table below shows the annual total liabilities of Shoals Technologies Group Inc from 2018 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $236.28 Million | -20.98% |
| 2023-12-31 | $299.00 Million | +1.73% |
| 2022-12-31 | $293.91 Million | -32.27% |
| 2021-12-31 | $433.91 Million | +14.36% |
| 2020-12-31 | $379.43 Million | +906.43% |
| 2019-12-31 | $37.70 Million | -20.21% |
| 2018-12-31 | $47.25 Million | -- |
About Shoals Technologies Group Inc
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions, a plug-and-play cable and cabinet solutions; homeruns, interconnection, and extension soluti… Read more