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
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 419 % +17.7%
Quick Ratio 189 % +103%
Return On Assets -11.8 % -269%
Operating Margin -38.9 % -481%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 57.3M shares +1.31%
Common Stock, Shares, Outstanding 57M shares +0.7%
Entity Public Float 15.1B USD
Common Stock, Value, Issued 6K USD 0%
Weighted Average Number of Shares Outstanding, Basic 56.7M shares +0.48%
Weighted Average Number of Shares Outstanding, Diluted 56.7M shares -4.22%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.51B USD -58.7%
Cost of Revenue 1.46B USD -42.9%
Research and Development Expense 300M USD -4.86%
Selling and Marketing Expense 158M USD -7.36%
General and Administrative Expense 144M USD +9.87%
Operating Income (Loss) -588M USD -257%
Nonoperating Income (Expense) -31.9M USD -33.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 81.1M USD -54.2%
Income Tax Expense (Benefit) -53.1M USD -142%
Net Income (Loss) Attributable to Parent -512M USD -269%
Earnings Per Share, Basic -9.03 USD/shares -268%
Earnings Per Share, Diluted -8.84 USD/shares -271%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 259M USD -53.5%
Marketable Securities, Current 430M USD -12.7%
Accounts Receivable, after Allowance for Credit Loss, Current 296M USD -74.3%
Inventory, Net 1.51B USD +52.9%
Assets, Current 2.89B USD -16.1%
Deferred Income Tax Assets, Net 132M USD +164%
Property, Plant and Equipment, Net 596M USD +2.61%
Operating Lease, Right-of-Use Asset 53.5M USD -19.4%
Intangible Assets, Net (Excluding Goodwill) 36.8M USD -15.7%
Goodwill 52M USD +22.9%
Other Assets, Noncurrent 65M USD +126%
Assets 3.95B USD -15.9%
Accounts Payable, Current 134M USD -69.1%
Employee-related Liabilities, Current 67.8M USD -9.23%
Accrued Liabilities, Current 98.8M USD -8.47%
Liabilities, Current 567M USD -36.9%
Operating Lease, Liability, Noncurrent 36.8M USD -21.7%
Other Liabilities, Noncurrent 16.2M USD -0.66%
Accumulated Other Comprehensive Income (Loss), Net of Tax -78M USD -0.67%
Retained Earnings (Accumulated Deficit) 490M USD -51.1%
Stockholders' Equity Attributable to Parent 2.11B USD -16.4%
Liabilities and Equity 3.95B USD -15.9%

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 57.7M shares +2.03%
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 259M USD -53.5%
Deferred Tax Assets, Valuation Allowance 51.2M USD +116%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.09 pure -62.8%
Deferred Tax Assets, Gross 158M USD +85.1%
Depreciation 9M USD +30.7%
Payments to Acquire Property, Plant, and Equipment 26.3M USD -31.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -512M USD -262%
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%
Unrecognized Tax Benefits 20.2M USD +564%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.21M USD +22.7%
Additional Paid in Capital 1.74B USD +9.31%
Amortization of Intangible Assets 2.03M USD +11.6%
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 -3.04%