Solaredge Technologies, Inc. financial data

Symbol
SEDG on Nasdaq
Industry
Semiconductors & Related Devices
Location
1 Hamada Street, Herziliya Pituach, Israel
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 394 % +12.2%
Quick Ratio 155 % +82.1%
Return On Assets -5.78 % -219%
Operating Margin -12.4 % -263%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 57.3M shares +1.69%
Common Stock, Shares, Outstanding 56.8M shares +0.8%
Entity Public Float 15.1B USD
Common Stock, Value, Issued 6K USD 0%
Weighted Average Number of Shares Outstanding, Basic 57.1M shares +1.65%
Weighted Average Number of Shares Outstanding, Diluted 57.1M shares -3.47%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.24B USD -34.2%
Cost of Revenue 1.86B USD -23.6%
Research and Development Expense 317M USD +4.49%
Selling and Marketing Expense 162M USD -1.86%
General and Administrative Expense 141M USD +14.8%
Operating Income (Loss) -278M USD -207%
Nonoperating Income (Expense) 41.2M USD +999%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 81.1M USD -54.2%
Income Tax Expense (Benefit) -6.66M USD -107%
Net Income (Loss) Attributable to Parent -261M USD -231%
Earnings Per Share, Basic -4.6 USD/shares -230%
Earnings Per Share, Diluted -4.5 USD/shares -232%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 214M USD -70.6%
Marketable Securities, Current 466M USD +13.5%
Accounts Receivable, after Allowance for Credit Loss, Current 404M USD -58.3%
Inventory, Net 1.55B USD +77.2%
Assets, Current 2.99B USD -7.8%
Deferred Income Tax Assets, Net 123M USD +163%
Property, Plant and Equipment, Net 605M USD +8.83%
Operating Lease, Right-of-Use Asset 59.5M USD -14.7%
Intangible Assets, Net (Excluding Goodwill) 33M USD +84.2%
Goodwill 41.5M USD +38.5%
Other Assets, Noncurrent 47.8M USD +91.9%
Assets 4.17B USD -7.33%
Accounts Payable, Current 171M USD -58%
Employee-related Liabilities, Current 73.7M USD -18.9%
Accrued Liabilities, Current 126M USD -0.46%
Liabilities, Current 659M USD -26.8%
Operating Lease, Liability, Noncurrent 41M USD -19.4%
Other Liabilities, Noncurrent 18M USD +17.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -66.6M USD +13.7%
Retained Earnings (Accumulated Deficit) 621M USD -29.6%
Stockholders' Equity Attributable to Parent 2.24B USD -4.69%
Liabilities and Equity 4.17B USD -7.33%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -217M USD -2839%
Net Cash Provided by (Used in) Financing Activities -51M USD -876%
Net Cash Provided by (Used in) Investing Activities 149M USD
Common Stock, Shares Authorized 125M shares 0%
Common Stock, Shares, Issued 57.3M shares +1.7%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -124M USD -125%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 214M USD -70.6%
Deferred Tax Assets, Valuation Allowance 51.2M USD +116%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.13 pure -22.9%
Deferred Tax Assets, Gross 158M USD +85.1%
Depreciation 49.5M USD +22.1%
Payments to Acquire Property, Plant, and Equipment 26.3M USD -31.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -251M USD -249%
Lessee, Operating Lease, Liability, to be Paid 75.1M USD +10.3%
Property, Plant and Equipment, Gross 850M USD +16.6%
Operating Lease, Liability, Current 17.7M USD +9.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 10.7M USD -27.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 17.9M USD +9.82%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +92.2%
Deferred Income Tax Expense (Benefit) -41.8M USD -965%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6.59M USD -10.3%
Deferred Tax Assets, Operating Loss Carryforwards 44.3M USD +122%
Current Income Tax Expense (Benefit) 89.5M USD -5.23%
Unrecognized Tax Benefits 18.5M USD +542%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.21M USD +22.7%
Operating Lease, Payments 17.9M USD +9.71%
Additional Paid in Capital 1.72B USD +11.2%
Amortization of Intangible Assets 7.65M USD -15.9%
Depreciation, Depletion and Amortization 15M USD +11.3%
Deferred Tax Assets, Net of Valuation Allowance 107M USD +73.3%
Share-based Payment Arrangement, Expense 148M USD -1.56%
Interest Expense 1.27M USD -17.1%