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Shoals Technologies GroupSHLS -3.77%89 Cash-to-Debt is 0.07 as of Jun. 2026, which is 75% above its 10-year median of 0.04. GuruFocus rates SHLS with a GF Score™ of 89/100 and a GF Value™ of $9.97 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 982 Semiconductors companies, Shoals Technologies Group ranks worse than 95.93% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Shoals Technologies Group's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.07.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Shoals Technologies Groupcouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Shoals Technologies Group's Cash-to-Debt or its related term are showing as below:
SHLS'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.27
Current: 0.07
During the past 8 years, Shoals Technologies Group's highest Cash to Debt Ratio was 0.27. The lowest was 0.00. And the median was 0.04.
SHLS's Cash-to-Debt is ranked worse than 95.93% of 982
companies
in the Semiconductors industry
Industry Median: 1.72
vs SHLS: 0.07
Shoals Technologies Group (NAS:SHLS) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Shoals Technologies Group Cash-to-Debt Related Terms
Shoals Technologies Group Cash-to-Debt 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Solar subindustry, Shoals Technologies Group's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Cash-to-Debt vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Shoals Technologies Group's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Shoals Technologies Group's Cash-to-Debt falls into.
* 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 (SHLS) has a Cash-to-Debt of 0.07 as of Jun. 2026. This is 75% above median its historical median of 0.04. According to the industry distribution chart, Shoals Technologies Group ranks #942 out of 982 companies in the Semiconductors industry, placing it in the top 95.9%.
Is Shoals Technologies Group's Cash-to-Debt too high?
Shoals Technologies Group's current Cash-to-Debt of 0.07 is 75% above median its 10-year median of 0.04. The Semiconductors industry median Cash-to-Debt is 1.72. Shoals Technologies Group's value of 0.07 is 95.9% below this industry median. Based on the distribution chart, Shoals Technologies Group ranks #942 out of 982 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Shoals Technologies Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shoals Technologies Group's Cash-to-Debt compare to CSIQ and ARRY?
According to the Semiconductors industry distribution chart, Shoals Technologies Group ranks #942 out of 982 companies for Cash-to-Debt. This places Shoals Technologies Group in the lower half of its industry. The industry median Cash-to-Debt is 1.72. Shoals Technologies Group's value of 0.07 is 95.9% below this benchmark. While the company's 10-year median is 0.04 vs. the industry median of 1.72, Shoals Technologies Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Semiconductors company?
The median Cash-to-Debt among Semiconductors companies is 1.72, based on 982 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shoals Technologies Group's current Cash-to-Debt of 0.07 is 95.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median Cash-to-Debt is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoals Technologies Group's current Cash-to-Debt is 0.07, which is 75% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoals Technologies Group stock overvalued right now?
Based on GuruFocus' analysis, Shoals Technologies Group (SHLS) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.97, compared to a current price of $7.14 — trading 28.4% below its estimated fair value. The current Cash-to-Debt is 0.07, which is 75% above median its 10-year median of 0.04 and 95.9% below the Semiconductors industry median of 1.72. Shoals Technologies Group's overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Shoals Technologies Group (SHLS), the current Cash-to-Debt is 0.07 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shoals Technologies Group (SHLS) Overvalued in 2026?
Based on GuruFocus' analysis, Shoals Technologies Group stock appears to be undervalued.
The current stock price of $7.14 is trading 28.4% below its estimated GF Value™ of $9.97.
GuruFocus considers Shoals Technologies Group to be Modestly Undervalued.
Key valuation signals for SHLS:
Cash-to-Debt: 0.07 (75% above median its 10-year median of 0.04)
GF Value™: $9.97 vs. price of $7.14 (28.4% below fair value)
Industry Position: 95.9% below the Semiconductors median (#942 of 982)
No single metric tells the full story. See the SHLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shoals Technologies Group is a provider of electrical balance of system 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.
89GF Score
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