SolarEdge Minority Interest vs Interest Income Analysis
SEDG Stock | USD 10.73 0.14 1.29% |
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 Minority Interest and its Interest Income accounts. 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.
Minority Interest vs Interest Income
Minority Interest vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SolarEdge Technologies Minority Interest account and Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SolarEdge Technologies' Minority Interest and Interest Income is -0.58. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Interest Income 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' Minority Interest and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of SolarEdge Technologies are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Minority Interest i.e., SolarEdge Technologies' Minority Interest and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of SolarEdge Technologies whose combined shares represent less than 50% of the total outstanding shares issued by SolarEdge Technologies have a minority interest in SolarEdge Technologies.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.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 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' Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
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 fundamental ratios Correlations
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SolarEdge Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
SolarEdge Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 2.4B | 2.9B | 4.3B | 4.6B | 4.8B | |
Net Debt | (166.0M) | (164.5M) | 183.6M | (50.8M) | 396.8M | 416.7M | |
Cash | 223.9M | 827.1M | 530.1M | 783.1M | 338.5M | 254.0M | |
Other Assets | 26.2M | 17.0M | 52.5M | 63.0M | 118.5M | 124.4M | |
Cash And Short Term Investments | 320.8M | 1.0B | 697.8M | 1.0B | 860.0M | 903.0M | |
Total Current Assets | 932.8M | 1.7B | 1.7B | 2.9B | 3.3B | 3.5B | |
Common Stock Shares Outstanding | 50.2M | 52.8M | 56.0M | 58.1M | 57.2M | 46.1M | |
Short Long Term Debt Total | 57.9M | 662.6M | 713.7M | 732.3M | 735.3M | 772.1M | |
Other Current Liab | 183.5M | 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 | |
Other Liab | 213.6M | 280.5M | 355.9M | 483.8M | 556.3M | 584.2M | |
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 | 20.8M | |
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 | |
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 | |
Long Term Debt | 173K | 573.4M | 621.5M | 624.5M | 627.4M | 658.8M | |
Net Receivables | 382.3M | 325.4M | 590.8M | 905.1M | 622.4M | 313.8M | |
Short Term Investments | 96.9M | 203.8M | 167.7M | 241.1M | 521.6M | 547.6M | |
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 | 31.4M | 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 | |
Property Plant And Equipment Gross | 212.8M | 345.0M | 457.5M | 606.7M | 913.7M | 959.4M | |
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 | |
Property Plant Equipment | 212.8M | 345.0M | 457.5M | 606.7M | 697.7M | 732.6M | |
Net Tangible Assets | 608.0M | 877.5M | 1.1B | 2.1B | 2.4B | 2.6B | |
Deferred Long Term Liab | 62.2M | 94.4M | 124.0M | 151.6M | 174.3M | 183.0M | |
Long Term Investments | 119.2M | 147.4M | 482.2M | 645.5M | 415.5M | 234.9M | |
Intangible Assets | 74.0M | 67.8M | 58.9M | 19.9M | 35.3M | 29.8M | |
Good Will | 129.7M | 140.5M | 129.6M | 31.2M | 43.0M | 62.2M | |
Retained Earnings Total Equity | 191.1M | 337.7M | 478.0M | 650.1M | 747.6M | 784.9M | |
Capital Surpluse | 371.8M | 475.8M | 603.9M | 687.3M | 790.4M | 505.6M |
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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.