SolarEdge Technologies Inc. (NASDAQ:SEDG)

The financial data indicates a general upward trend in current assets, demonstrating significant growth over the analyzed periods. Current assets increased from approximately $290 million in mid-2015 to nearly $2.9 billion by the end of 2022, reflecting a rapid accumulation of short-term resources.

Current liabilities also experienced growth but at a different pace, starting at about $106 million in mid-2015 and rising to approximately $890 million by the end of 2022. Notably, the increase in current liabilities appears less steep than that of current assets, which positively impacts liquidity metrics.

The current ratio demonstrates fluctuations over time but maintained values above 2 throughout the period, indicating a generally healthy liquidity position. It began at 2.75 in mid-2015, peaked at 3.94 by the end of 2020, and stabilized at approximately 3.26 in both 2021 and 2022. Some variations below the peak occurred in 2019 and 2018, where the ratio dipped to as low as 2.14, signaling relatively tighter short-term liquidity during that year.

Current Assets

Steadily increased, particularly from 2017 onward, reflecting growth in liquid or easily convertible assets.

Current Liabilities

Also increased over time, with notable jumps between 2018 and 2019 as well as between 2021 and 2022, suggesting larger short-term obligations.

Current Ratio

Generally strong liquidity, fluctuating but staying consistently above 2.00, indicating the company maintained the ability to cover short-term liabilities adequately.