Shoals Technologies (SHLS)

Net assets on the balance sheet as of June 2024 : S$0.70 B

According to Shoals Technologies's latest financial reports the company has S$0.70 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	$S$0.71 B	78.38%
2022-12-31	$S$0.40 B	-4090.44%
2021-12-31	$-S$10.12 M	-95.85%
2020-12-31	$-S$0.25 B	-220.76%
2019-12-31	$S$0.20 B	7.01%
2018-12-31	$S$0.18 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Plug Power PLUG	S$3.89 B	448.78%	🇺🇸 USA

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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 : S$0.70 B