SolarEdge Historical Income Statement
SEDG Stock | USD 10.73 0.14 1.29% |
Historical analysis of SolarEdge Technologies income statement accounts such as Total Revenue of 3.1 B, Gross Profit of 739 M, Other Operating Expenses of 3.1 B or Operating Income of 38.2 M can show how well SolarEdge Technologies performed in making a profits. Evaluating SolarEdge Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SolarEdge Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining SolarEdge Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SolarEdge Technologies is a good buy for the upcoming year.
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About SolarEdge Income Statement Analysis
SolarEdge Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SolarEdge Technologies shareholders. The income statement also shows SolarEdge investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
SolarEdge Technologies Income Statement Chart
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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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SolarEdge Technologies. It is also known as SolarEdge Technologies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on SolarEdge Technologies income statement and is an important metric when analyzing SolarEdge Technologies profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from SolarEdge Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map 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 unemployment. For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.At this time, SolarEdge Technologies' Selling General Administrative is most likely to increase significantly in the upcoming years. The SolarEdge Technologies' current Selling And Marketing Expenses is estimated to increase to about 172.5 M, while EBITDA is projected to decrease to roughly 117.2 M.
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 |
SolarEdge Technologies income statement Correlations
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SolarEdge Technologies Account Relationship Matchups
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SolarEdge Technologies income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 26.9M | 31.8M | 39.5M | 49.7M | 57.2M | 60.1M | |
Interest Expense | 4.8M | 8.1M | 8.7M | 10.0M | 15.4M | 16.2M | |
Selling General Administrative | 57.7M | 63.1M | 82.2M | 112.5M | 146.5M | 153.8M | |
Selling And Marketing Expenses | 88.0M | 96.0M | 119M | 159.7M | 164.3M | 172.5M | |
Total Revenue | 1.4B | 1.5B | 2.0B | 3.1B | 3.0B | 3.1B | |
Gross Profit | 479.3M | 461.4M | 629.3M | 844.6M | 703.8M | 739.0M | |
Other Operating Expenses | 1.2B | 1.3B | 1.8B | 2.9B | 2.9B | 3.1B | |
Operating Income | 189.9M | 142.6M | 207.1M | 166.1M | 40.2M | 38.2M | |
Ebit | 199.0M | 174.2M | 197.9M | 188.0M | 96.5M | 97.0M | |
Research Development | 121.4M | 163.1M | 219.6M | 289.8M | 321.5M | 337.6M | |
Ebitda | 225.9M | 206.1M | 237.4M | 237.6M | 153.7M | 117.2M | |
Cost Of Revenue | 946.3M | 997.9M | 1.3B | 2.3B | 2.3B | 2.4B | |
Total Operating Expenses | 267.0M | 318.8M | 422.2M | 678.5M | 663.6M | 696.8M | |
Income Before Tax | 178.6M | 163.7M | 187.2M | 177.2M | 81.1M | 90.2M | |
Total Other Income Expense Net | (32.7M) | 21.1M | (19.9M) | 11.0M | 40.9M | 42.9M | |
Net Income | 146.5M | 140.3M | 169.2M | 93.8M | 34.3M | 32.6M | |
Income Tax Expense | 33.6M | 23.3M | 18.1M | 83.4M | 46.4M | 48.7M | |
Net Income From Continuing Ops | 145.0M | 140.3M | 169.2M | 93.8M | 34.3M | 32.6M | |
Net Income Applicable To Common Shares | 146.5M | 140.3M | 169.2M | 93.8M | 107.8M | 97.4M | |
Non Operating Income Net Other | (2.3M) | (11.3M) | 21.1M | (19.9M) | (17.9M) | (17.0M) | |
Tax Provision | 33.6M | 23.3M | 18.1M | 83.4M | 46.4M | 28.2M | |
Net Interest Income | (879K) | 21.1M | (19.9M) | 147K | 14.7M | 15.4M | |
Interest Income | 4.6M | 4.9M | 3.0M | 12.0M | 33.2M | 34.8M | |
Reconciled Depreciation | 26.9M | 31.8M | 39.5M | 49.7M | 57.2M | 35.3M |
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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 World Market Map 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 unemployment. 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.