Enphase Historical Balance Sheet

ENPH Stock  USD 108.76  5.09  4.47%   
Trend analysis of Enphase Energy balance sheet accounts such as Short and Long Term Debt Total of 1.4 B or Other Current Liab of 307.4 M provides information on Enphase Energy's total assets, liabilities, and equity, which is the actual value of Enphase Energy to its prevalent stockholders. By breaking down trends over time using Enphase Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Enphase Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Enphase Energy is a good buy for the upcoming year.

Enphase Energy Inventory

224.27 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.

About Enphase Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Enphase Energy at a specified time, usually calculated after every quarter, six months, or one year. Enphase Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Enphase Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Enphase currently owns. An asset can also be divided into two categories, current and non-current.

Enphase Energy Balance Sheet Chart

Enphase Energy Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Enphase Energy uses and utilizes its capital. It also shows what exactly a company owns and owes.
As of now, Enphase Energy's Total Current Liabilities is increasing as compared to previous years. The Enphase Energy's current Total Stockholder Equity is estimated to increase to about 1 B, while Common Stock Shares Outstanding is projected to decrease to under 78.6 M.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Enphase Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Enphase Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most accounts from Enphase Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Enphase Energy current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.As of now, Enphase Energy's Total Current Liabilities is increasing as compared to previous years. The Enphase Energy's current Total Stockholder Equity is estimated to increase to about 1 B, while Common Stock Shares Outstanding is projected to decrease to under 78.6 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.0B1.3B1.3B1.4B
Total Assets2.1B3.1B3.4B3.6B

Enphase Energy balance sheet Correlations

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Click cells to compare fundamentals

Enphase Energy Account Relationship Matchups

Enphase Energy balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding131.6M141.9M142.9M144.4M143.3M78.6M
Total Assets713.2M1.2B2.1B3.1B3.4B3.6B
Short Long Term Debt Total105.5M330.9M1.0B1.3B1.3B1.4B
Other Current Liab57.2M87.8M177.3M331.5M292.8M307.4M
Total Current Liabilities199.3M534.0M439.8M638.2M532.4M559.1M
Total Stockholder Equity272.2M484.0M430.2M825.6M983.6M1.0B
Property Plant And Equipment Net39.1M60.7M96.6M132.7M188.1M197.5M
Current Deferred Revenue81.8M47.7M62.7M90.7M118.3M124.2M
Net Debt(145.9M)(348.5M)918.3M817.1M1.0B1.1B
Retained Earnings(185.2M)(51.2M)(405.7M)17.3M46.3M48.6M
Accounts Payable57.5M72.6M113.8M125.1M116.2M122.0M
Cash251.4M679.4M119.3M473.2M288.7M162.8M
Non Current Assets Total213.6M267.0M616.8M820.0M939.5M986.5M
Non Currrent Assets Other44.6M7.9M8.1M11.5M11.9M11.2M
Cash And Short Term Investments251.4M679.4M1.0B1.6B1.7B1.8B
Net Receivables145.4M182.2M333.6M440.9M446.0M468.3M
Liabilities And Stockholders Equity713.2M1.2B2.1B3.1B3.4B3.6B
Non Current Liabilities Total241.7M182.1M1.2B1.6B1.9B2.0B
Inventory32.1M41.8M74.4M149.7M213.6M224.3M
Other Current Assets70.8M29.8M37.8M60.8M88.9M93.4M
Other Stockholder Equity458.3M534.7M837.9M819.1M939.3M986.3M
Total Liab441.0M716.1M1.6B2.3B2.4B2.5B
Property Plant And Equipment Gross39.1M60.7M96.6M132.7M325.5M341.8M
Total Current Assets499.7M933.1M1.5B2.3B2.4B2.6B
Accumulated Other Comprehensive Income(923K)434K(2.0M)(10.9M)(2.0M)(2.1M)
Short Term Debt2.9M326.0M86.1M90.9M5.2M5.0M
Other Liab129.5M162.0M257.7M401.9M462.2M485.3M
Other Assets119.2M147.8M241.2M317.4M365.0M383.2M
Long Term Debt102.7M4.9M951.6M1.2B1.3B1.4B
Intangible Assets30.6M28.8M97.8M99.5M68.5M72.0M
Property Plant Equipment28.9M43.0M96.6M111.4M128.1M134.5M
Net Tangible Assets216.9M430.4M151.2M512.5M589.3M618.8M
Retained Earnings Total Equity(185.2M)(51.2M)(405.7M)17.3M15.6M16.4M
Capital Surpluse458.3M534.7M837.9M819.1M942.0M989.1M
Non Current Liabilities Other11.8M17.0M16.5M43.5M51.0M26.4M
Short Long Term Debt2.9M326.0M86.1M90.9M104.5M80.0M

Pair Trading with Enphase Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enphase Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enphase Energy will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Enphase Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enphase Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enphase Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enphase Energy to buy it.
The correlation of Enphase Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enphase Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enphase Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enphase Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Enphase Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enphase Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enphase Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enphase Energy Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Enphase Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enphase Energy. If investors know Enphase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enphase Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Earnings Share
1.94
Revenue Per Share
13.425
Quarterly Revenue Growth
(0.64)
Return On Assets
0.0503
The market value of Enphase Energy is measured differently than its book value, which is the value of Enphase that is recorded on the company's balance sheet. Investors also form their own opinion of Enphase Energy's value that differs from its market value or its book value, called intrinsic value, which is Enphase Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enphase Energy's market value can be influenced by many factors that don't directly affect Enphase Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enphase Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enphase Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enphase Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.