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
Does SolarEdge Technologies (NASDAQ:SEDG) Have A Healthy Balance Sheet?
Feb 15
Is SolarEdge Technologies (NASDAQ:SEDG) A Risky Investment?
Jul 22We Think SolarEdge Technologies (NASDAQ:SEDG) Can Stay On Top Of Its Debt
Apr 09SolarEdge Technologies (NASDAQ:SEDG) Has A Pretty Healthy Balance Sheet
Jan 01Recent updates
At US$65.35, Is SolarEdge Technologies, Inc. (NASDAQ:SEDG) Worth Looking At Closely?
Apr 15SolarEdge: Under Shipping Demand
Mar 31SolarEdge: Aggressive Share Repurchases Amidst Brutal Solar Bear Market
Mar 20Why Investors Shouldn't Be Surprised By SolarEdge Technologies, Inc.'s (NASDAQ:SEDG) 28% Share Price Plunge
Mar 18SolarEdge: Better Stay Away
Feb 22Does SolarEdge Technologies (NASDAQ:SEDG) Have A Healthy Balance Sheet?
Feb 15SolarEdge: Current Price Misses Structural Opportunity
Feb 09SolarEdge Technologies, Inc.'s (NASDAQ:SEDG) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Feb 01SolarEdge: Falling Off A Ledge
Jan 22SolarEdge Technologies' (NASDAQ:SEDG) Returns On Capital Not Reflecting Well On The Business
Jan 15When Should You Buy SolarEdge Technologies, Inc. (NASDAQ:SEDG)?
Jan 02SolarEdge Technologies, Inc.'s (NASDAQ:SEDG) Shareholders Might Be Looking For Exit
Dec 18Earnings Miss: SolarEdge Technologies, Inc. Missed EPS And Analysts Are Revising Their Forecasts
Nov 03Some SolarEdge Technologies, Inc. (NASDAQ:SEDG) Analysts Just Made A Major Cut To Next Year's Estimates
Oct 22The Returns On Capital At SolarEdge Technologies (NASDAQ:SEDG) Don't Inspire Confidence
Oct 11Is It Time To Consider Buying SolarEdge Technologies, Inc. (NASDAQ:SEDG)?
Sep 26Estimating The Intrinsic Value Of SolarEdge Technologies, Inc. (NASDAQ:SEDG)
Aug 21Is SolarEdge Technologies (NASDAQ:SEDG) A Risky Investment?
Jul 22SolarEdge Technologies (NASDAQ:SEDG) Might Be Having Difficulty Using Its Capital Effectively
Jul 04Why SolarEdge Technologies, Inc. (NASDAQ:SEDG) Could Be Worth Watching
Jun 16We Think SolarEdge Technologies (NASDAQ:SEDG) Can Stay On Top Of Its Debt
Apr 09SolarEdge Technologies' (NASDAQ:SEDG) Returns On Capital Not Reflecting Well On The Business
Mar 13SolarEdge Technologies (NASDAQ:SEDG) Has A Pretty Healthy Balance Sheet
Jan 01SolarEdge Technologies (NASDAQ:SEDG) Will Want To Turn Around Its Return Trends
Dec 05SolarEdge: The Sun Has 8 Billion Years Left, Let's Use It To Power Earth
Oct 10Financial Position Analysis
Short Term Liabilities: SEDG's short term assets ($3.3B) exceed its short term liabilities ($893.2M).
Long Term Liabilities: SEDG's short term assets ($3.3B) exceed its long term liabilities ($1.3B).
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 3.5% to 26% over the past 5 years.
Debt Coverage: SEDG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SEDG earns more interest than it pays, so coverage of interest payments is not a concern.