SolarEdge Technologies Financials

SEDG Stock  USD 10.73  0.14  1.29%   
Based on the key indicators related to SolarEdge Technologies' liquidity, profitability, solvency, and operating efficiency, SolarEdge Technologies may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, SolarEdge Technologies' Other Assets are most likely to increase significantly in the upcoming years. The SolarEdge Technologies' current Cash And Short Term Investments is estimated to increase to about 903 M, while Common Stock Shares Outstanding is projected to decrease to roughly 46.1 M. Key indicators impacting SolarEdge Technologies' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Equity0.01350.0142
Notably Down
Slightly volatile
Current Ratio2.413.6993
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for SolarEdge Technologies includes many different criteria found on its balance sheet. An individual investor should monitor SolarEdge Technologies' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in SolarEdge Technologies.

Net Income

32.61 Million

  
Understanding current and past SolarEdge Technologies Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of SolarEdge Technologies' financial statements are interrelated, with each one affecting the others. For example, an increase in SolarEdge Technologies' assets may result in an increase in income on the income statement.

SolarEdge Technologies Stock Summary

SolarEdge Technologies competes with Small Cap, Freedom Holding, Gfl Environmental, Growth Fund, and Spring Valley. SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations worldwide. SolarEdge Technologies, Inc. was founded in 2006 and is headquartered in Herzliya, Israel. Solaredge Tech operates under Solar classification in the United States and is traded on NASDAQ Exchange. It employs 64 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS83417M1045
CUSIP83417M104
LocationIsrael
Business Address1 HaMada Street,
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.solaredge.com
Phone972 9 957 6620
CurrencyUSD - US Dollar

SolarEdge Technologies Key Financial Ratios

SolarEdge Technologies Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.5B2.4B2.9B4.3B4.6B4.8B
Net Debt(166.0M)(164.5M)183.6M(50.8M)396.8M416.7M
Cash223.9M827.1M530.1M783.1M338.5M254.0M
Other Assets26.2M17.0M52.5M63.0M118.5M124.4M
Total Current Assets932.8M1.7B1.7B2.9B3.3B3.5B
Other Current Liab183.5M238.4M242.6M383.8M445.0M467.2M
Other Liab213.6M280.5M355.9M483.8M556.3M584.2M
Retained Earnings337.7M478.0M650.1M743.8M778.2M817.1M
Accounts Payable157.1M162.1M252.1M459.8M386.5M405.8M
Long Term Debt173K573.4M621.5M624.5M627.4M658.8M
Net Receivables382.3M325.4M590.8M905.1M622.4M313.8M
Inventory170.8M331.7M380.1M729.2M1.4B1.5B
Other Current Assets31.4M31.4M42.5M241.1M378.4M397.3M
Total Liab683.0M1.4B1.6B2.1B2.2B2.3B
Short Term Debt25.3M27.9M12.9M19.4M21.0M22.0M
Net Tangible Assets608.0M877.5M1.1B2.1B2.4B2.6B
Intangible Assets74.0M67.8M58.9M19.9M35.3M29.8M
Good Will129.7M140.5M129.6M31.2M43.0M62.2M
Capital Surpluse371.8M475.8M603.9M687.3M790.4M505.6M

SolarEdge Technologies Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense4.8M8.1M8.7M10.0M15.4M16.2M
Total Revenue1.4B1.5B2.0B3.1B3.0B3.1B
Gross Profit479.3M461.4M629.3M844.6M703.8M739.0M
Operating Income189.9M142.6M207.1M166.1M40.2M38.2M
Ebit199.0M174.2M197.9M188.0M96.5M97.0M
Research Development121.4M163.1M219.6M289.8M321.5M337.6M
Ebitda225.9M206.1M237.4M237.6M153.7M117.2M
Cost Of Revenue946.3M997.9M1.3B2.3B2.3B2.4B
Income Before Tax178.6M163.7M187.2M177.2M81.1M90.2M
Net Income146.5M140.3M169.2M93.8M34.3M32.6M
Income Tax Expense33.6M23.3M18.1M83.4M46.4M48.7M
Tax Provision33.6M23.3M18.1M83.4M46.4M28.2M
Net Interest Income(879K)21.1M(19.9M)147K14.7M15.4M
Interest Income4.6M4.9M3.0M12.0M33.2M34.8M

SolarEdge Technologies Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(22.5M)(149.7M)(43.1M)(341.1M)(690.9M)(656.3M)
Change In Cash36.1M603.2M(297.1M)253.0M(444.6M)(422.4M)
Free Cash Flow186.4M95.9M64.9M(138.1M)(361.2M)(343.2M)
Depreciation26.9M31.8M39.5M49.7M57.2M60.1M
Other Non Cash Items8.3M8.2M33.1M133.1M12.1M17.1M
Capital Expenditures72.6M126.8M149.3M169.3M170.5M179.0M
Net Income145.0M140.3M169.2M93.8M34.3M32.6M
End Period Cash Flow223.9M827.1M530.1M783.1M338.5M292.8M
Investments(17.3M)(236.6M)(333.7M)(417.0M)(268.9M)(255.4M)
Net Borrowings(9.3M)619.2M(16.1M)(138K)(158.7K)(150.8K)
Change To Netincome61.8M68.2M120.7M264.6M304.3M319.5M
Change Receivables(60.5M)(124.1M)86.5M(247.7M)(223.0M)(211.8M)

SolarEdge Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining SolarEdge Technologies's current stock value. Our valuation model uses many indicators to compare SolarEdge Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SolarEdge Technologies competition to find correlations between indicators driving SolarEdge Technologies's intrinsic value. More Info.
SolarEdge Technologies is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . At this time, SolarEdge Technologies' Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value SolarEdge Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

SolarEdge Technologies Systematic Risk

SolarEdge Technologies' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SolarEdge Technologies volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on SolarEdge Technologies correlated with the market. If Beta is less than 0 SolarEdge Technologies generally moves in the opposite direction as compared to the market. If SolarEdge Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SolarEdge Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SolarEdge Technologies is generally in the same direction as the market. If Beta > 1 SolarEdge Technologies moves generally in the same direction as, but more than the movement of the benchmark.

SolarEdge Technologies Thematic Clasifications

SolarEdge Technologies is part of several thematic ideas from Climate Change to Disruptive Technologies. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in SolarEdge Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SolarEdge Technologies' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of SolarEdge Technologies growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(2.28)

At this time, SolarEdge Technologies' Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

SolarEdge Technologies November 21, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of SolarEdge Technologies help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SolarEdge Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of SolarEdge Technologies based on widely used predictive technical indicators. In general, we focus on analyzing SolarEdge Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SolarEdge Technologies's daily price indicators and compare them against related drivers.

Complementary Tools for SolarEdge Stock analysis

When running SolarEdge Technologies' price analysis, check to measure SolarEdge Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SolarEdge Technologies is operating at the current time. Most of SolarEdge Technologies' value examination focuses on studying past and present price action to predict the probability of SolarEdge Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SolarEdge Technologies' price. Additionally, you may evaluate how the addition of SolarEdge Technologies to your portfolios can decrease your overall portfolio volatility.
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