Shoals Technologies Group's quarterly market cap
declined
from Sep. 2023 ($3,103.5 Mil) to Dec. 2023 ($2,643.6 Mil) and
declined
from Dec. 2023 ($2,643.6 Mil) to Mar. 2024 ($1,905.3 Mil).
Shoals Technologies Group's annual market cap
increased
from Dec. 2021 ($2,722.8 Mil) to Dec. 2022 ($3,402.1 Mil) but then
declined
from Dec. 2022 ($3,402.1 Mil) to Dec. 2023 ($2,643.6 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Shoals Technologies Group's Enterprise Value for Today is $1,356.7 Mil.
Shoals Technologies Group Market Cap Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Shoals Technologies Group's Market Cap
For the Solar subindustry, Shoals Technologies Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shoals Technologies Group's Market Cap Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Shoals Technologies Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Shoals Technologies Group's Market Cap falls into.
Shoals Technologies Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Shoals Technologies Group (NAS:SHLS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Shoals Technologies Group Market Cap Related Terms
Thank you for viewing the detailed overview of Shoals Technologies Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Shoals Technologies Group (Shoals Technologies Group) Business Description
Shoals Technologies Group Inc is a provider of electrical balance of system or EBOS solutions for solar energy projects, primarily in the United States. EBOS encompasses components that are necessary to carry electric current produced by solar panels to an inverter. The products are sold principally to engineering, procurement and construction firms that build solar energy projects. In 2022 the company entered the electric vehicle charging market.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHLS has been successfully added to your 