SolarEdge Technologies Balance Sheet Health
Financial Health criteria checks 4/6
SolarEdge Technologies has a total shareholder equity of $2.4B and total debt of $627.4M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are $4.6B and $2.2B respectively. SolarEdge Technologies's EBIT is $131.7M making its interest coverage ratio -6.9. It has cash and short-term investments of $860.0M.
Key information
26.0%
Debt to equity ratio
US$627.38m
Debt
Interest coverage ratio | -6.9x |
Cash | US$860.04m |
Equity | US$2.41b |
Total liabilities | US$2.18b |
Total assets | US$4.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0L7S's short term assets ($3.3B) exceed its short term liabilities ($893.2M).
Long Term Liabilities: 0L7S's short term assets ($3.3B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: 0L7S has more cash than its total debt.
Reducing Debt: 0L7S's debt to equity ratio has increased from 3.5% to 26% over the past 5 years.
Debt Coverage: 0L7S's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0L7S earns more interest than it pays, so coverage of interest payments is not a concern.