Stock Analysis on Net

Enphase Energy Inc. (NASDAQ:ENPH)

This company has been moved to the archive! The financial data has not been updated since February 9, 2024.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Enphase Energy Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Accounts payable 3.43 4.06 5.47 6.05 8.06
Customer rebates and sales incentives 4.68 4.99 3.80 3.05 3.39
Liability due to supply agreements 0.97 0.56 0.70 0.46 0.24
Freight 0.57 1.14 0.99 0.86 0.69
Salaries, commissions, incentive compensation and benefits 0.30 0.58 0.63 0.55 0.77
Income tax payable 0.25 0.52 0.02 0.00 0.00
Operating lease liabilities, current 0.15 0.17 0.18 0.38 0.44
Contingent consideration 0.00 0.00 0.18 0.00 0.00
VAT payable 0.10 0.64 0.35 0.00 0.00
Post combination expense accrual 0.00 0.30 0.41 0.00 0.00
Liabilities related to restructuring activities 0.09 0.02 0.00 0.00 0.00
Other 0.62 0.66 0.33 1.08 1.06
Accrued liabilities 7.74% 9.60% 7.59% 6.38% 6.60%
Deferred revenues, current 3.50 2.94 3.01 3.97 11.47
Warranty obligations, current 1.07 1.15 0.93 0.94 1.41
Debt, current 0.00 2.95 4.14 27.16 0.40
Current liabilities 15.74% 20.69% 21.15% 44.50% 27.95%
Deferred revenues, non-current 10.91 9.13 9.00 10.46 14.05
Warranty obligations, non-current 4.52 3.11 2.60 2.89 3.79
Other liabilities 1.51 1.41 0.79 1.42 1.66
Debt, non-current 38.24 38.89 45.77 0.41 14.39
Non-current liabilities 55.19% 52.54% 58.16% 15.17% 33.89%
Total liabilities 70.92% 73.23% 79.31% 59.67% 61.83%
Common stock, $0.00001 par value 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 27.77 26.56 40.30 44.56 64.26
Accumulated equity (deficit) 1.37 0.56 -19.51 -4.27 -25.96
Accumulated other comprehensive income (loss) -0.06 -0.35 -0.10 0.04 -0.13
Stockholders’ equity 29.08% 26.77% 20.69% 40.33% 38.17%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Enphase Energy Inc. current liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2021 to 2022 and from 2022 to 2023.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Enphase Energy Inc. non-current liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Enphase Energy Inc. total liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2021 to 2022 and from 2022 to 2023.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Enphase Energy Inc. stockholders’ equity as a percentage of total liabilities and stockholders’ equity increased from 2021 to 2022 and from 2022 to 2023.