Shoals Technologies Group, Inc.SHLSNASDAQ
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Interest Coverage Over Time
Trending higher, below historical average, slight contraction.
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Interest coverage ratio
Latest
3.70
↓ 40% below average
Average (6y)
6.18
Historical baseline
Range
High:15.07
Low:2.49
CAGR
-3.4%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2024 | 3.70 | +12.9% |
| 2023 | 3.28 | -8.3% |
| 2022 | 3.58 | +43.7% |
| 2021 | 2.49 | -76.6% |
| 2020 | 10.62 | -29.5% |
| 2019 | 15.07 | +231.7% |
| 2018 | 4.54 | - |