Tangible Shareholders Equity (Quarterly)

Tangible Shareholders Equity: The value shareholders equity less intangible assets.

Shoals Technologies Group, Inc. (SHLS) had Tangible Shareholders Equity of $500.10M for the most recently reported fiscal quarter, ending 2026-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2026-03-31

Income Statement Financials
Revenue	$140.56M
Net Income	$-0.30M
Cost of Goods Sold	$99.55M
Gross Profit	$41.01M
Operating Expenses	$132.84M
Operating Income	$7.72M
Non-Operating Income/Expense	$-8.10M
Pre-Tax Income	$-0.39M
Normalized Pre-Tax Income	$-0.38M
Income after Taxes	$-0.30M
Income from Continuous Operations	$-0.30M
Consolidated Net Income/Loss	$-0.30M
Normalized Income after Taxes	$-0.29M
EBIT	$7.72M
EBITDA	$11.97M
Weighted-Average Shares Outstanding (Basic)	167.56M
Weighted-Average Shares Outstanding (Diluted)	167.56M
Earnings per Share (EPS) (Basic)	$0.00
Earnings per Share (EPS) (Diluted)	$0.00
Balance Sheet Financials
Current Assets	$382.54M
Property, Plant, and Equipment	$59.07M
Long-Term Assets	$648.35M
Total Assets	$1.03B
Current Liabilities	$208.31M
Long-Term Debt	$181.75M
Long-Term Liabilities	$220.94M
Total Liabilities	$429.25M
Common Equity	$601.65M
Tangible Shareholders Equity	$500.10M
Shareholders Equity	$601.65M
Common Shares Outstanding	167.77M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-41.45M
Cash Flow from Investing Activities	$-7.65M
Cash Flow from Financial Activities	$43.65M
Beginning Cash	$7.32M
End Cash	$1.88M
Increase/Decrease in Cash	$-5.44M
Stock-Based Compensation	$3.32M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.84
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.23
Debt to Equity Ratio	0.30
Gross Margin	29.18%
Operating Margin	5.49%
EBIT Margin	5.49%
EBITDA Margin	--
Pre-Tax Profit Margin	-0.27%
Profit Margin	-0.21%
Free Cash Flow	$-49.10M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.14
Inventory Turnover	0.63
Receiveable Turnover	0.67
Days Sales in Receivables	133.89
Return on Equity	-0.05%
Return on Tangible Equity	-0.06%
Return on Assets	-0.03%
Return on Investments	-0.04%
Book Value Per Share	$3.59
Free Cash Flow per Share	$-0.29
Operating Cash Flow per Share	$-0.25

Data from Zacks Investment Research, Inc.