Shoals Technologies GroupSHLS -3.33%88 Quick Ratio is 1.07 as of Mar. 2026, which is 37% below its 10-year median of 1.69. GuruFocus rates SHLS with a GF Score™ of 88/100 and a GF Value™ of $9.59 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,029 Semiconductors companies, Shoals Technologies Group ranks worse than 73.76% on this metric.
Shoals Technologies Group has a quick ratio of 1.07. It generally indicates good short-term financial strength.
The historical rank and industry rank for Shoals Technologies Group's Quick Ratio or its related term are showing as below:
SHLS'
s Quick Ratio Range Over the Past 10 Years
Min: 1.07 Med: 1.69 Max: 2.58
Current: 1.07
During the past 8 years, Shoals Technologies Group's highest Quick Ratio was 2.58. The lowest was 1.07. And the median was 1.69.
SHLS's Quick Ratio is ranked worse than 73.76% of 1029
companies
in the Semiconductors industry
Industry Median: 1.85
vs SHLS: 1.07
Shoals Technologies Group (NAS:SHLS) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Shoals Technologies Group Quick Ratio Related Terms
Shoals Technologies Group Quick Ratio 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.
For the Solar subindustry, Shoals Technologies Group's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Shoals Technologies Group's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Shoals Technologies Group's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Shoals Technologies Group's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Quick Ratio of 1.07 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shoals Technologies Group and its competitors. This is 37% below median its historical median of 1.69. Over the past decade, Shoals Technologies Group's Quick Ratio has ranged from 1.07 to 2.58. According to the industry distribution chart, Shoals Technologies Group ranks #759 out of 1029 companies in the Semiconductors industry, placing it in the top 73.8%.
Is Shoals Technologies Group's Quick Ratio too high?
Shoals Technologies Group's current Quick Ratio of 1.07 is 37% below median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.58. The Semiconductors industry median Quick Ratio is 1.85. Shoals Technologies Group's value of 1.07 is 42.2% below this industry median. Based on the distribution chart, Shoals Technologies Group ranks #759 out of 1029 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Shoals Technologies Group has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shoals Technologies Group's Quick Ratio compare to ARRY and CSIQ?
According to the Semiconductors industry distribution chart, Shoals Technologies Group ranks #759 out of 1029 companies for Quick Ratio. This places Shoals Technologies Group in the lower half of its industry. The industry median Quick Ratio is 1.85. Shoals Technologies Group's value of 1.07 is 42.2% below this benchmark. Historically, Shoals Technologies Group's own Quick Ratio has ranged from 1.07 to 2.58 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.85, 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 Quick Ratio for a Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,029 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shoals Technologies Group's current Quick Ratio of 1.07 is 42.2% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shoals Technologies Group and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoals Technologies Group's current Quick Ratio is 1.07, which is 37% below median its own 10-year median of 1.69. 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 Fairly Valued. The stock's GF Value™ is $9.59, compared to a current price of $9.86 — trading 2.8% above its estimated fair value. The current Quick Ratio is 1.07, which is 37% below median its 10-year median of 1.69 and 42.2% below the Semiconductors industry median of 1.85. Shoals Technologies Group's overall GF Score™ is 88/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Shoals Technologies Group (SHLS), the current Quick Ratio is 1.07 as of Mar. 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 overvalued.
The current stock price of $9.86 is trading 2.8% above its estimated GF Value™ of $9.59.
GuruFocus considers Shoals Technologies Group to be Fairly Valued.
Key valuation signals for SHLS:
Quick Ratio: 1.07 (37% below median its 10-year median of 1.69)
GF Value™: $9.59 vs. price of $9.86 (2.8% above fair value)
Industry Position: 42.2% below the Semiconductors median (#759 of 1029)
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.
88GF Score
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