Shoals Other Current Assets from 2010 to 2024

SHLS Stock  USD 4.41  0.16  3.50%   
Shoals Technologies Other Current Assets yearly trend continues to be comparatively stable with very little volatility. Other Current Assets will likely drop to about 2.9 M in 2024. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
4.4 M
Current Value
2.9 M
Quarterly Volatility
1.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shoals Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shoals Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.8 M, Interest Expense of 25.3 M or Selling General Administrative of 84.8 M, as well as many indicators such as Price To Sales Ratio of 4.96, Dividend Yield of 0.0716 or PTB Ratio of 4.45. Shoals financial statements analysis is a perfect complement when working with Shoals Technologies Valuation or Volatility modules.
  
Check out the analysis of Shoals Technologies Correlation against competitors.

Latest Shoals Technologies' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Shoals Technologies Group over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Shoals Technologies' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shoals Technologies' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Shoals Other Current Assets Regression Statistics

Arithmetic Mean1,759,548
Geometric Mean1,222,819
Coefficient Of Variation92.51
Mean Deviation1,331,603
Median935,000
Standard Deviation1,627,823
Sample Variance2.6T
Range4.9M
R-Value0.66
Mean Square Error1.6T
R-Squared0.43
Significance0.01
Slope239,934
Total Sum of Squares37.1T

Shoals Other Current Assets History

20242.9 M
20234.4 M
20224.6 M
2021M
2020155 K
2019798 K

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Other Current Assets, to determine how well the company is positioned to perform in the future. Although Shoals Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Shoals Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Shoals Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets4.4 M2.9 M

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Additional Tools for Shoals Stock Analysis

When running Shoals Technologies' price analysis, check to measure Shoals Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shoals Technologies is operating at the current time. Most of Shoals Technologies' value examination focuses on studying past and present price action to predict the probability of Shoals Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoals Technologies' price. Additionally, you may evaluate how the addition of Shoals Technologies to your portfolios can decrease your overall portfolio volatility.