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Shoals Technologies Group, Inc. logo

SHLS Interest Coverage Ratio

Annual Interest Coverage Ratio

3.740.46+14.02%

Summary

Current Value
As of today, SHLS annual interest coverage ratio is 3.74, up +14.02% on
Historical Performance
SHLS annual interest coverage ratio is up +192.19% over the past 3 years, and down -75.18% over the past 5 years
All-Time High Comparison
SHLS annual interest coverage ratio is currently -75.18% below its historical high of 15.07 set on
3-Year Low Comparison
SHLS annual interest coverage ratio is +14.02% above its 3-year low of 3.28 reached on
Sector Comparison
SHLS annual interest coverage ratio is higher than 78.66% of companies in Technology sector

Interest Coverage Ratio Chart

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Series
SUGGESTED SERIES

Performance

SHLS Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Coverage Ratio3.74+14.0%+192.2%-75.2%-17.6%
Quarterly Interest Coverage Ratio-
Price$8.60+43.3%-63.0%
Annual EBIT$51.69M-34.6%+178.2%+91.9%+366.2%
Annual Interest Expense$13.83M-42.6%-5.0%+673.8%+466.7%
Annual Debt To Equity0.25-24.2%-99.7%+47.1%-13.8%
Annual Current Ratio2.33-4.9%-21.3%+22.6%-29.2%
Annual Quick Ratio1.64-12.8%-6.3%+6.5%-31.9%
Piotroski F-Score70.0%+75.0%
Altman Z-Score4.56+30.7%-45.3%

Interest Coverage Ratio Highs

SHLS Annual Interest Coverage Ratio Highs Comparison
PeriodHighDateCurrent
3Y9.20N/A-59.4%
5Y10.62N/A-64.8%
All15.07-75.2%

Interest Coverage Ratio Lows

SHLS Annual Interest Coverage Ratio Lows Comparison
PeriodLowDateCurrent
3Y3.28+14.0%
5Y1.28+192.2%
All1.28+192.2%

Interest Coverage Ratio History

YearValueChange
3.74+14.0%
3.28-64.3%
9.20+618.8%
1.28-87.9%
YearValueChange
10.62-29.5%
15.07+231.9%
4.54-

FAQ

  • What is the current annual interest coverage ratio of SHLS?

    As of today, SHLS annual interest coverage ratio is 3.74

  • What is 1-year change in SHLS annual interest coverage ratio?

    SHLS annual interest coverage ratio is up +14.02% year-over-year

  • What is 3-year change in SHLS annual interest coverage ratio?

    SHLS annual interest coverage ratio is up +192.19% over the past 3 years

  • How far is SHLS annual interest coverage ratio from its all-time high?

    SHLS annual interest coverage ratio is currently -75.18% below its historical high of 15.07 set on December 31, 2019

  • How does SHLS annual interest coverage ratio rank versus sector peers?

    SHLS annual interest coverage ratio is higher than 78.66% of companies in Technology sector

  • When is SHLS next annual earnings release?

    The next annual earnings release for SHLS is on

Interest Coverage Ratio Formula

Interest Coverage Ratio =  

Data Sources & References

  1. SHLS Official Website www.shoals.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1831651/000183165125000093/0001831651-25-000093-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1831651/000183165125000019/0001831651-25-000019-index.htm
  4. SHLS Profile on Yahoo Finance finance.yahoo.com/quote/SHLS
  5. SHLS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/shls