SolarEdge Net Tangible Assets vs Capital Surpluse Analysis
SEDG Stock | USD 13.53 1.35 9.07% |
SolarEdge Technologies financial indicator trend analysis is much more than just breaking down SolarEdge Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SolarEdge Technologies is a good investment. Please check the relationship between SolarEdge Technologies Net Tangible Assets and its Capital Surpluse accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SolarEdge Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.
Net Tangible Assets vs Capital Surpluse
Net Tangible Assets vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SolarEdge Technologies Net Tangible Assets account and Capital Surpluse. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SolarEdge Technologies' Net Tangible Assets and Capital Surpluse is 0.84. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of SolarEdge Technologies, assuming nothing else is changed. The correlation between historical values of SolarEdge Technologies' Net Tangible Assets and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of SolarEdge Technologies are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Tangible Assets i.e., SolarEdge Technologies' Net Tangible Assets and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Capital Surpluse
Most indicators from SolarEdge Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SolarEdge Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SolarEdge Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.At this time, SolarEdge Technologies' Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 422.2M | 678.5M | 632.3M | 663.9M | Cost Of Revenue | 1.3B | 2.3B | 2.3B | 2.4B |
SolarEdge Technologies fundamental ratios Correlations
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SolarEdge Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
SolarEdge Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 2.4B | 2.9B | 4.3B | 4.6B | 4.8B | |
Net Debt | (166.0M) | (164.5M) | 183.6M | (50.8M) | 396.8M | 416.7M | |
Cash | 223.9M | 827.1M | 530.1M | 783.1M | 338.5M | 254.0M | |
Other Assets | 26.2M | 17.0M | 52.5M | 63.0M | 118.5M | 124.4M | |
Cash And Short Term Investments | 320.8M | 1.0B | 697.8M | 1.0B | 860.0M | 903.0M | |
Total Current Assets | 932.8M | 1.7B | 1.7B | 2.9B | 3.3B | 3.5B | |
Common Stock Shares Outstanding | 50.2M | 52.8M | 56.0M | 58.1M | 57.2M | 46.1M | |
Short Long Term Debt Total | 57.9M | 662.6M | 713.7M | 732.3M | 735.3M | 772.1M | |
Other Current Liab | 183.5M | 221.5M | 242.6M | 387.1M | 445.0M | 467.2M | |
Total Current Liabilities | 436.7M | 436.1M | 525.2M | 889.7M | 893.2M | 937.9M | |
Total Stockholder Equity | 811.7M | 1.1B | 1.3B | 2.2B | 2.4B | 2.5B | |
Other Liab | 213.6M | 280.5M | 355.9M | 483.8M | 556.3M | 584.2M | |
Property Plant And Equipment Net | 212.8M | 345.0M | 457.5M | 606.7M | 678.7M | 712.7M | |
Current Deferred Revenue | 70.8M | 24.6M | 17.8M | 26.6M | 40.8M | 20.8M | |
Retained Earnings | 337.7M | 478.0M | 650.1M | 743.8M | 778.2M | 817.1M | |
Accounts Payable | 157.1M | 162.1M | 252.1M | 459.8M | 386.5M | 405.8M | |
Non Current Assets Total | 561.9M | 717.8M | 1.2B | 1.4B | 1.3B | 1.3B | |
Non Currrent Assets Other | 9.9M | 5.4M | 33.9M | 18.8M | 30.0M | 31.4M | |
Long Term Debt | 173K | 573.4M | 621.5M | 624.5M | 627.4M | 658.8M | |
Net Receivables | 382.3M | 275.3M | 527.4M | 1.1B | 788.3M | 827.8M | |
Short Term Investments | 96.9M | 203.8M | 167.7M | 241.1M | 521.6M | 547.6M | |
Liabilities And Stockholders Equity | 1.5B | 2.4B | 2.9B | 4.3B | 4.6B | 4.8B | |
Non Current Liabilities Total | 246.2M | 915.3M | 1.1B | 1.2B | 1.3B | 1.3B | |
Inventory | 170.8M | 331.7M | 380.1M | 729.2M | 1.4B | 1.5B | |
Other Current Assets | 31.4M | 81.4M | 106.0M | 93.5M | 212.5M | 223.1M | |
Other Stockholder Equity | 475.8M | 603.9M | 687.3M | 1.5B | 1.6B | 1.7B | |
Total Liab | 683.0M | 1.4B | 1.6B | 2.1B | 2.2B | 2.3B | |
Property Plant And Equipment Gross | 212.8M | 345.0M | 457.5M | 606.7M | 913.7M | 959.4M | |
Accumulated Other Comprehensive Income | (1.8M) | 3.9M | (27.3M) | (73.1M) | (46.9M) | (44.5M) | |
Short Term Debt | 25.3M | 27.9M | 12.7M | 16.2M | 21.0M | 21.6M | |
Property Plant Equipment | 212.8M | 345.0M | 457.5M | 606.7M | 697.7M | 732.6M | |
Net Tangible Assets | 608.0M | 877.5M | 1.1B | 2.1B | 2.4B | 2.6B | |
Deferred Long Term Liab | 62.2M | 94.4M | 124.0M | 151.6M | 174.3M | 183.0M | |
Long Term Investments | 119.2M | 147.4M | 482.2M | 645.5M | 415.5M | 234.9M | |
Intangible Assets | 74.0M | 67.8M | 58.9M | 19.9M | 35.3M | 29.8M | |
Good Will | 129.7M | 140.5M | 129.6M | 31.2M | 43.0M | 62.2M | |
Retained Earnings Total Equity | 191.1M | 337.7M | 478.0M | 650.1M | 747.6M | 784.9M | |
Capital Surpluse | 371.8M | 475.8M | 603.9M | 687.3M | 790.4M | 505.6M |
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When determining whether SolarEdge Technologies is a strong investment it is important to analyze SolarEdge Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SolarEdge Technologies' future performance. For an informed investment choice regarding SolarEdge Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SolarEdge Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Semiconductors & Semiconductor Equipment space 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 SolarEdge Technologies. If investors know SolarEdge 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 SolarEdge Technologies 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 6.598 | Earnings Share (29.10) | Revenue Per Share 18.42 | Quarterly Revenue Growth (0.64) | Return On Assets (0.26) |
The market value of SolarEdge Technologies is measured differently than its book value, which is the value of SolarEdge that is recorded on the company's balance sheet. Investors also form their own opinion of SolarEdge Technologies' value that differs from its market value or its book value, called intrinsic value, which is SolarEdge Technologies' 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 SolarEdge Technologies' market value can be influenced by many factors that don't directly affect SolarEdge Technologies' 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 SolarEdge Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SolarEdge Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SolarEdge Technologies' 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.