Shoals Technologies Group Current Ratio Growth & History (SHLS)
Shoals Technologies Group's current ratio was 2.03 for fiscal 2025.
View full Shoals Technologies Group company overviewShoals Technologies Group annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.03 | −0.30 | −12.99% |
| 2024 | 2024-12-31 | 2.33 | −0.12 | −5.09% |
| 2023 | 2023-12-31 | 2.45 | −0.47 | −15.94% |
| 2022 | 2022-12-31 | 2.92 | −0.04 | −1.48% |
| 2021 | 2021-12-31 | 2.96 | 0.63 | +27.12% |
| 2020 | 2020-12-31 | 2.33 | — | — |
Shoals Technologies Group quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.25 | −0.09 | −3.87% |
| Q1 2026 | 2026-03-31 | 1.84 | −0.50 | −21.47% |
| Q4 2025 | 2025-12-31 | 2.03 | −0.30 | −12.99% |
| Q3 2025 | 2025-09-30 | 2.19 | 0.11 | +5.51% |
| Q2 2025 | 2025-06-30 | 2.34 | 0.07 | +3.17% |
| Q1 2025 | 2025-03-31 | 2.34 | −0.28 | −10.69% |
| Q4 2024 | 2024-12-31 | 2.33 | −0.12 | −5.09% |
| Q3 2024 | 2024-09-30 | 2.08 | −0.46 | −18.22% |
| Q2 2024 | 2024-06-30 | 2.26 | −0.33 | −12.64% |
| Q1 2024 | 2024-03-31 | 2.62 | −0.21 | −7.51% |
| Q4 2023 | 2023-12-31 | 2.45 | −0.47 | −15.94% |
| Q3 2023 | 2023-09-30 | 2.54 | −0.06 | −2.49% |
| Q2 2023 | 2023-06-30 | 2.59 | −0.24 | −8.53% |
| Q1 2023 | 2023-03-31 | 2.83 | −0.73 | −20.42% |
| Q4 2022 | 2022-12-31 | 2.92 | −0.04 | −1.48% |
| Q3 2022 | 2022-09-30 | 2.60 | −0.44 | −14.46% |
| Q2 2022 | 2022-06-30 | 2.83 | −0.53 | −15.68% |
| Q1 2022 | 2022-03-31 | 3.56 | 0.76 | +26.99% |
| Q4 2021 | 2021-12-31 | 2.96 | 0.63 | +27.12% |
| Q3 2021 | 2021-09-30 | 3.04 | — | — |
| Q2 2021 | 2021-06-30 | 3.36 | — | — |
| Q1 2021 | 2021-03-31 | 2.80 | — | — |
| Q4 2020 | 2020-12-31 | 2.33 | — | — |
Shoals Technologies Group current ratio trends
Over the last five fiscal years, Shoals Technologies Group's current ratio decreased from 2.33 to 2.03, a change of −0.30. The latest reported quarter, Q2 2026, shows 2.25.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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