SolarEdge Net Receivables vs Total Revenue Analysis

0L7S Stock

14.00 2.04 17.06%

SolarEdge Technologies financial indicator trend analysis is much more than just breaking down SolarEdge Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SolarEdge Technologies is a good investment. Please check the relationship between SolarEdge Technologies Net Receivables and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SolarEdge Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.

Net Receivables vs Total Revenue

Net Receivables vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SolarEdge Technologies Net Receivables account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.

The correlation between SolarEdge Technologies' Net Receivables and Total Revenue is 0.89. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Revenue in the same time period over historical financial statements of SolarEdge Technologies, assuming nothing else is changed. The correlation between historical values of SolarEdge Technologies' Net Receivables and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of SolarEdge Technologies are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Receivables i.e., SolarEdge Technologies' Net Receivables and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Receivables

Total Revenue

Total revenue comprises all receipts SolarEdge Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from SolarEdge Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SolarEdge Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SolarEdge Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.Selling General Administrative is likely to gain to about 153.8 M in 2024, whereas Tax Provision is likely to drop slightly above 15.7 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	422.2M	678.5M	663.6M	696.8M
Cost Of Revenue	1.3B	2.3B	2.3B	2.4B

Total Operating Expenses Cost Of Revenue

SolarEdge Technologies fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments
Common Stock Shares Outstanding		0.7	0.7	0.7	0.68	0.69	0.7	0.56	0.3	0.78	0.65	0.65	0.75	0.64	0.58	0.74	0.76	0.7	0.52	0.49	0.62	0.7	0.67	0.33	0.71	0.53
Total Assets	0.7		0.87	0.99	0.99	1.0	1.0	0.66	0.66	0.98	0.98	0.73	0.98	0.9	0.45	0.83	0.86	0.98	0.92	0.9	0.97	1.0	1.0	0.15	0.9	0.91
Short Long Term Debt Total	0.7	0.87		0.84	0.84	0.84	0.88	0.45	0.51	0.89	0.84	0.88	0.9	0.8	0.57	0.94	0.87	0.94	0.7	0.64	0.78	0.91	0.85	0.06	0.82	0.69
Other Current Liab	0.7	0.99	0.84		0.99	0.99	0.99	0.73	0.66	0.97	0.97	0.7	0.97	0.88	0.41	0.81	0.83	0.96	0.93	0.91	0.97	0.99	0.99	0.15	0.9	0.92
Total Current Liabilities	0.68	0.99	0.84	0.99		0.99	0.99	0.72	0.63	0.97	0.99	0.7	0.98	0.88	0.47	0.81	0.87	0.95	0.91	0.91	0.97	0.98	0.99	0.13	0.91	0.89
Total Stockholder Equity	0.69	1.0	0.84	0.99	0.99		0.99	0.67	0.66	0.97	0.98	0.69	0.97	0.89	0.42	0.81	0.84	0.96	0.94	0.92	0.99	0.98	1.0	0.18	0.9	0.92
Property Plant And Equipment Net	0.7	1.0	0.88	0.99	0.99	0.99		0.66	0.69	0.98	0.97	0.72	0.99	0.92	0.44	0.83	0.85	0.98	0.92	0.9	0.96	1.0	0.99	0.11	0.89	0.91
Current Deferred Revenue	0.56	0.66	0.45	0.73	0.72	0.67	0.66		0.31	0.71	0.64	0.43	0.67	0.6	0.33	0.51	0.6	0.58	0.59	0.6	0.62	0.64	0.65	0.16	0.69	0.59
Net Debt	0.3	0.66	0.51	0.66	0.63	0.66	0.69	0.31		0.58	0.6	0.08	0.62	0.79	-0.14	0.26	0.34	0.66	0.82	0.79	0.66	0.66	0.67	-0.22	0.54	0.81
Retained Earnings	0.78	0.98	0.89	0.97	0.97	0.97	0.98	0.71	0.58		0.95	0.78	0.99	0.91	0.54	0.87	0.89	0.97	0.85	0.81	0.92	0.98	0.96	0.19	0.89	0.84
Accounts Payable	0.65	0.98	0.84	0.97	0.99	0.98	0.97	0.64	0.6	0.95		0.71	0.97	0.87	0.53	0.81	0.9	0.94	0.89	0.89	0.97	0.97	0.97	0.1	0.89	0.85
Cash	0.65	0.73	0.88	0.7	0.7	0.69	0.72	0.43	0.08	0.78	0.71		0.77	0.54	0.72	0.95	0.81	0.79	0.45	0.4	0.62	0.76	0.7	0.22	0.65	0.45
Non Current Assets Total	0.75	0.98	0.9	0.97	0.98	0.97	0.99	0.67	0.62	0.99	0.97	0.77		0.93	0.57	0.85	0.91	0.98	0.85	0.83	0.93	0.99	0.96	0.11	0.88	0.83
Non Currrent Assets Other	0.64	0.9	0.8	0.88	0.88	0.89	0.92	0.6	0.79	0.91	0.87	0.54	0.93		0.42	0.66	0.77	0.9	0.84	0.79	0.84	0.91	0.88	-0.02	0.79	0.82
Other Assets	0.58	0.45	0.57	0.41	0.47	0.42	0.44	0.33	-0.14	0.54	0.53	0.72	0.57	0.42		0.64	0.79	0.47	0.1	0.12	0.34	0.47	0.39	0.05	0.44	0.05
Cash And Short Term Investments	0.74	0.83	0.94	0.81	0.81	0.81	0.83	0.51	0.26	0.87	0.81	0.95	0.85	0.66	0.64		0.88	0.87	0.62	0.57	0.75	0.86	0.82	0.25	0.82	0.62
Net Receivables	0.76	0.86	0.87	0.83	0.87	0.84	0.85	0.6	0.34	0.89	0.9	0.81	0.91	0.77	0.79	0.88		0.84	0.63	0.64	0.8	0.86	0.82	0.13	0.87	0.59
Non Current Liabilities Total	0.7	0.98	0.94	0.96	0.95	0.96	0.98	0.58	0.66	0.97	0.94	0.79	0.98	0.9	0.47	0.87	0.84		0.88	0.83	0.92	0.99	0.97	0.1	0.85	0.87
Inventory	0.52	0.92	0.7	0.93	0.91	0.94	0.92	0.59	0.82	0.85	0.89	0.45	0.85	0.84	0.1	0.62	0.63	0.88		0.98	0.95	0.9	0.95	0.1	0.82	0.99
Other Current Assets	0.49	0.9	0.64	0.91	0.91	0.92	0.9	0.6	0.79	0.81	0.89	0.4	0.83	0.79	0.12	0.57	0.64	0.83	0.98		0.95	0.87	0.93	0.08	0.82	0.96
Other Stockholder Equity	0.62	0.97	0.78	0.97	0.97	0.99	0.96	0.62	0.66	0.92	0.97	0.62	0.93	0.84	0.34	0.75	0.8	0.92	0.95	0.95		0.95	0.98	0.21	0.87	0.93
Total Liab	0.7	1.0	0.91	0.99	0.98	0.98	1.0	0.64	0.66	0.98	0.97	0.76	0.99	0.91	0.47	0.86	0.86	0.99	0.9	0.87	0.95		0.99	0.11	0.89	0.89
Total Current Assets	0.67	1.0	0.85	0.99	0.99	1.0	0.99	0.65	0.67	0.96	0.97	0.7	0.96	0.88	0.39	0.82	0.82	0.97	0.95	0.93	0.98	0.99		0.16	0.89	0.93
Short Term Debt	0.33	0.15	0.06	0.15	0.13	0.18	0.11	0.16	-0.22	0.19	0.1	0.22	0.11	-0.02	0.05	0.25	0.13	0.1	0.1	0.08	0.21	0.11	0.16		0.07	0.11
Common Stock	0.71	0.9	0.82	0.9	0.91	0.9	0.89	0.69	0.54	0.89	0.89	0.65	0.88	0.79	0.44	0.82	0.87	0.85	0.82	0.82	0.87	0.89	0.89	0.07		0.82
Short Term Investments	0.53	0.91	0.69	0.92	0.89	0.92	0.91	0.59	0.81	0.84	0.85	0.45	0.83	0.82	0.05	0.62	0.59	0.87	0.99	0.96	0.93	0.89	0.93	0.11	0.82

Click cells to compare fundamentals

SolarEdge Technologies Account Relationship Matchups

SolarEdge Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	50.2M	52.8M	56.0M	58.1M	57.2M	48.5M
Total Assets	1.5B	2.4B	2.9B	4.3B	4.6B	4.8B
Short Long Term Debt Total	57.9M	662.6M	713.7M	732.3M	735.3M	406.3M
Other Current Liab	199.2M	238.4M	242.6M	383.8M	445.0M	467.2M
Total Current Liabilities	436.7M	436.1M	525.2M	889.7M	893.2M	937.9M
Total Stockholder Equity	811.7M	1.1B	1.3B	2.2B	2.4B	2.5B
Property Plant And Equipment Net	212.8M	345.0M	457.5M	606.7M	678.7M	712.7M
Current Deferred Revenue	70.8M	24.6M	17.8M	26.6M	40.8M	42.9M
Net Debt	(166.0M)	(164.5M)	183.6M	(50.8M)	396.8M	416.7M
Retained Earnings	337.7M	478.0M	650.1M	743.8M	778.2M	817.1M
Accounts Payable	157.1M	162.1M	252.1M	459.8M	386.5M	405.8M
Cash	223.9M	827.1M	530.1M	783.1M	338.5M	311.7M
Non Current Assets Total	561.9M	717.8M	1.2B	1.4B	1.3B	1.3B
Non Currrent Assets Other	9.9M	5.4M	33.9M	18.8M	30.0M	31.4M
Other Assets	26.2M	17.0M	44.8M	63.0M	1.0	0.95
Cash And Short Term Investments	320.8M	1.0B	697.8M	1.0B	860.0M	455.7M
Net Receivables	382.3M	325.4M	590.8M	905.1M	622.4M	316.4M
Liabilities And Stockholders Equity	1.5B	2.4B	2.9B	4.3B	4.6B	4.8B
Non Current Liabilities Total	246.2M	915.3M	1.1B	1.2B	1.3B	1.3B
Inventory	170.8M	331.7M	380.1M	729.2M	1.4B	1.5B
Other Current Assets	58.9M	31.4M	42.5M	241.1M	378.4M	397.3M
Other Stockholder Equity	475.8M	603.9M	687.3M	1.5B	1.7B	1.8B
Total Liab	683.0M	1.4B	1.6B	2.1B	2.2B	2.3B
Total Current Assets	932.8M	1.7B	1.7B	2.9B	3.3B	3.5B
Accumulated Other Comprehensive Income	(1.8M)	3.9M	(27.3M)	(73.1M)	(46.9M)	(44.5M)
Short Term Debt	25.3M	27.9M	12.9M	19.4M	21.0M	22.0M
Short Term Investments	96.9M	203.8M	167.7M	241.1M	521.6M	547.6M
Intangible Assets	74.0M	67.8M	58.9M	19.9M	35.3M	36.4M
Other Liab	213.6M	280.5M	355.9M	483.8M	556.3M	295.6M
Net Tangible Assets	608.0M	877.5M	1.1B	2.1B	2.4B	2.6B
Property Plant Equipment	212.8M	345.0M	457.5M	606.7M	697.7M	732.6M
Good Will	129.7M	140.5M	129.6M	31.2M	43.0M	67.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

SolarEdge Net Receivables vs Total Revenue Analysis

Net Receivables vs Total Revenue

Net Receivables vs Total Revenue Correlation Analysis

Correlation Coefficient

Net Receivables

Total Revenue

SolarEdge Technologies fundamental ratios Correlations

SolarEdge Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SolarEdge Technologies fundamental ratios Accounts

Also Currently Popular

Additional Tools for SolarEdge Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Property Plant And Equipment Net

Short Term Debt	- 0.22	Net Debt
Other Assets	- 0.14	Net Debt
Short Term Debt	- 0.02	Non Currrent Assets Other