SolarEdge Technologies Balance Sheet Health
Financial Health criteria checks 3/6
SolarEdge Technologies has a total shareholder equity of $956.4M and total debt of $675.5M, which brings its debt-to-equity ratio to 70.6%. Its total assets and total liabilities are $2.8B and $1.9B respectively.
Key information
70.6%
Debt to equity ratio
US$675.51m
Debt
Interest coverage ratio | n/a |
Cash | US$678.77m |
Equity | US$956.37m |
Total liabilities | US$1.86b |
Total assets | US$2.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEDG's short term assets ($2.1B) exceed its short term liabilities ($903.8M).
Long Term Liabilities: SEDG's short term assets ($2.1B) exceed its long term liabilities ($956.2M).
Debt to Equity History and Analysis
Debt Level: SEDG has more cash than its total debt.
Reducing Debt: SEDG's debt to equity ratio has increased from 2.8% to 70.6% over the past 5 years.
Debt Coverage: SEDG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SEDG's interest payments on its debt are well covered by EBIT.