SolarEdge Other Operating Expenses vs Total Operating Expenses Analysis

SEDG Stock  USD 14.77  1.66  12.66%   
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 Other Operating Expenses and its Total Operating Expenses 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.

Other Operating Expenses vs Total Operating Expenses

Other Operating Expenses vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SolarEdge Technologies Other Operating Expenses account and Total Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between SolarEdge Technologies' Other Operating Expenses and Total Operating Expenses is 1.0. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Operating Expenses 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' Other Operating Expenses and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of SolarEdge Technologies are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Other Operating Expenses i.e., SolarEdge Technologies' Other Operating Expenses and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SolarEdge Technologies. It is also known as SolarEdge Technologies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 Expenses422.2M678.5M663.6M696.8M
Cost Of Revenue1.3B2.3B2.3B2.4B

SolarEdge Technologies fundamental ratios Correlations

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0.930.770.470.90.810.950.560.830.940.910.940.940.930.480.880.870.860.840.820.640.890.980.940.950.91
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1.00.670.730.840.940.990.680.970.990.980.980.991.00.540.980.960.990.910.960.860.910.990.90.870.95
Click cells to compare fundamentals

SolarEdge Technologies Account Relationship Matchups

SolarEdge Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B2.4B2.9B4.3B4.6B4.8B
Net Debt(166.0M)(164.5M)183.6M(50.8M)396.8M416.7M
Cash223.9M827.1M530.1M783.1M338.5M254.0M
Other Assets26.2M17.0M52.5M63.0M118.5M124.4M
Cash And Short Term Investments320.8M1.0B697.8M1.0B860.0M903.0M
Total Current Assets932.8M1.7B1.7B2.9B3.3B3.5B
Common Stock Shares Outstanding50.2M52.8M56.0M58.1M57.2M46.1M
Short Long Term Debt Total57.9M662.6M713.7M732.3M735.3M772.1M
Other Current Liab183.5M238.4M242.6M383.8M445.0M467.2M
Total Current Liabilities436.7M436.1M525.2M889.7M893.2M937.9M
Total Stockholder Equity811.7M1.1B1.3B2.2B2.4B2.5B
Other Liab213.6M280.5M355.9M483.8M556.3M584.2M
Property Plant And Equipment Net212.8M345.0M457.5M606.7M678.7M712.7M
Current Deferred Revenue70.8M24.6M17.8M26.6M40.8M20.8M
Retained Earnings337.7M478.0M650.1M743.8M778.2M817.1M
Accounts Payable157.1M162.1M252.1M459.8M386.5M405.8M
Non Current Assets Total561.9M717.8M1.2B1.4B1.3B1.3B
Non Currrent Assets Other9.9M5.4M33.9M18.8M30.0M31.4M
Long Term Debt173K573.4M621.5M624.5M627.4M658.8M
Net Receivables382.3M325.4M590.8M905.1M622.4M313.8M
Short Term Investments96.9M203.8M167.7M241.1M521.6M547.6M
Liabilities And Stockholders Equity1.5B2.4B2.9B4.3B4.6B4.8B
Non Current Liabilities Total246.2M915.3M1.1B1.2B1.3B1.3B
Inventory170.8M331.7M380.1M729.2M1.4B1.5B
Other Current Assets31.4M31.4M42.5M241.1M378.4M397.3M
Other Stockholder Equity475.8M603.9M687.3M1.5B1.7B1.8B
Total Liab683.0M1.4B1.6B2.1B2.2B2.3B
Property Plant And Equipment Gross212.8M345.0M457.5M606.7M913.7M959.4M
Accumulated Other Comprehensive Income(1.8M)3.9M(27.3M)(73.1M)(46.9M)(44.5M)
Short Term Debt25.3M27.9M12.9M19.4M21.0M22.0M
Property Plant Equipment212.8M345.0M457.5M606.7M697.7M732.6M
Net Tangible Assets608.0M877.5M1.1B2.1B2.4B2.6B
Deferred Long Term Liab62.2M94.4M124.0M151.6M174.3M183.0M
Long Term Investments119.2M147.4M482.2M645.5M415.5M234.9M
Intangible Assets74.0M67.8M58.9M19.9M35.3M29.8M
Good Will129.7M140.5M129.6M31.2M43.0M62.2M
Retained Earnings Total Equity191.1M337.7M478.0M650.1M747.6M784.9M
Capital Surpluse371.8M475.8M603.9M687.3M790.4M505.6M

Currently Active Assets on Macroaxis

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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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
18.382
Quarterly Revenue Growth
(0.64)
Return On Assets
(0.22)
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.