Shoals Technologies (SHLS)

Net assets on the balance sheet as of June 2024 : ₹45.68 B

According to Shoals Technologies's latest financial reports the company has ₹45.68 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shoals Technologies - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹45.37 B	82.16%
2022-12-31	$₹24.90 B	-4557.42%
2021-12-31	$-₹0.56 B	-95.84%
2020-12-31	$-₹13.45 B	-225.99%
2019-12-31	$₹10.67 B	10.93%
2018-12-31	$₹9.61 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Plug Power PLUG	₹250.72 B	448.78%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Shoals Technologies (SHLS) - Net assets

Net assets on the balance sheet as of June 2024 : ₹45.68 B