Shoals Technologies (SHLS)

Net assets on the balance sheet as of June 2024 : NZ$0.88 B

According to Shoals Technologies's latest financial reports the company has NZ$0.88 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	$NZ$0.86 B	81.78%
2022-12-31	$NZ$0.47 B	-4430.03%
2021-12-31	$-NZ$10.95 M	-95.72%
2020-12-31	$-NZ$0.26 B	-215.2%
2019-12-31	$NZ$0.22 B	7.85%
2018-12-31	$NZ$0.20 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Plug Power PLUG	NZ$4.83 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 : NZ$0.88 B