Stock Analysis on Net

SolarEdge Technologies Inc. (NASDAQ:SEDG)

This company has been moved to the archive! The financial data has not been updated since February 22, 2023.

Common-Size Balance Sheet: Assets

SolarEdge Technologies Inc., common-size consolidated balance sheet: assets

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Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Cash and cash equivalents 18.36 18.33 33.94 14.98 19.87
Marketable securities 5.65 5.80 5.90 6.15 12.31
Trade receivables, net of allowances 21.22 15.78 8.97 19.96 18.00
Inventories, net 17.09 13.14 13.61 11.43 14.67
Vendor non-trade receivables 3.46 2.46 2.32 5.61 2.93
Government authorities 1.30 2.19 2.05 1.10 0.60
Bank deposits 0.00 0.00 2.47 0.34 0.62
Prepaid expenses and other 0.89 1.47 1.29 2.84 1.31
Prepaid expenses and other current assets 5.65% 6.12% 8.13% 9.89% 5.46%
Current assets 67.97% 59.17% 70.55% 62.41% 70.31%
Marketable securities 15.13 16.67 6.05 7.97 7.70
Deferred tax assets, net 1.04 0.95 0.48 1.09 1.52
Property, plant and equipment, net 12.75 14.19 12.45 11.84 12.37
Operating lease right-of-use assets, net 1.47 1.63 1.71 2.40 0.00
Intangible assets, net 0.47 2.04 2.78 4.95 3.99
Goodwill 0.73 4.48 5.76 8.67 3.62
Other long-term assets 0.44 0.86 0.22 0.66 0.49
Long-term assets 32.03% 40.83% 29.45% 37.59% 29.69%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 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), 10-K (reporting date: 2018-12-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. SolarEdge Technologies Inc. current assets as a percentage of total assets decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. SolarEdge Technologies Inc. property, plant and equipment, net as a percentage of total assets increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. SolarEdge Technologies Inc. long-term assets as a percentage of total assets increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.