SolarEdge Quick Ratio from 2010 to 2024

SEDG Stock  USD 10.73  0.14  1.29%   
SolarEdge Technologies' Quick Ratio is increasing over the last several years with slightly volatile swings. Quick Ratio is predicted to flatten to 1.82. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
2.08328753
Current Value
1.82
Quarterly Volatility
0.99665655
 
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Check SolarEdge Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SolarEdge Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 60.1 M, Interest Expense of 16.2 M or Selling General Administrative of 153.8 M, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0 or PTB Ratio of 2.3. SolarEdge financial statements analysis is a perfect complement when working with SolarEdge Technologies Valuation or Volatility modules.
  
Check out the analysis of SolarEdge Technologies Correlation against competitors.
For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.

Latest SolarEdge Technologies' Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of SolarEdge Technologies over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. SolarEdge Technologies' Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SolarEdge Technologies' overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

SolarEdge Quick Ratio Regression Statistics

Arithmetic Mean2.03
Geometric Mean1.75
Coefficient Of Variation49.01
Mean Deviation0.78
Median2.08
Standard Deviation1.00
Sample Variance0.99
Range3.265
R-Value0.52
Mean Square Error0.78
R-Squared0.27
Significance0.05
Slope0.12
Total Sum of Squares13.91

SolarEdge Quick Ratio History

2024 1.82
2023 2.08
2022 2.44
2021 2.53
2020 3.18
2019 1.74
2018 2.37

About SolarEdge Technologies Financial Statements

SolarEdge Technologies stakeholders use historical fundamental indicators, such as SolarEdge Technologies' Quick Ratio, to determine how well the company is positioned to perform in the future. Although SolarEdge Technologies investors may analyze each financial statement separately, they are all interrelated. For example, changes in SolarEdge Technologies' assets and liabilities are reflected in the revenues and expenses on SolarEdge Technologies' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SolarEdge Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 2.08  1.82 

Currently Active Assets on Macroaxis

When determining whether SolarEdge Technologies is a strong investment it is important to analyze SolarEdge Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SolarEdge Technologies' future performance. For an informed investment choice regarding SolarEdge Stock, refer to the following important reports:
Check out the analysis of SolarEdge Technologies Correlation against competitors.
For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SolarEdge Technologies. If investors know SolarEdge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SolarEdge Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
6.598
Earnings Share
(29.10)
Revenue Per Share
18.382
Quarterly Revenue Growth
(0.64)
Return On Assets
(0.22)
The market value of SolarEdge Technologies is measured differently than its book value, which is the value of SolarEdge that is recorded on the company's balance sheet. Investors also form their own opinion of SolarEdge Technologies' value that differs from its market value or its book value, called intrinsic value, which is SolarEdge Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SolarEdge Technologies' market value can be influenced by many factors that don't directly affect SolarEdge Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SolarEdge Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SolarEdge Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SolarEdge Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.