SolarEdge Technologies (SolarEdge Technologies) Debt-to-Equity : 0.31 (As of Dec. 2023)

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What is SolarEdge Technologies Debt-to-Equity?

SolarEdge Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $21 Mil. SolarEdge Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $714 Mil. SolarEdge Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,412 Mil. SolarEdge Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for SolarEdge Technologies's Debt-to-Equity or its related term are showing as below:

SEDG' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.06 Med: 0.31 Max: 0.61
Current: 0.31

During the past 12 years, the highest Debt-to-Equity Ratio of SolarEdge Technologies was 0.61. The lowest was -1.06. And the median was 0.31.

SEDG's Debt-to-Equity is ranked worse than
55.04% of 883 companies
in the Semiconductors industry
Industry Median: 0.26 vs SEDG: 0.31

SolarEdge Technologies Debt-to-Equity Historical Data

The historical data trend for SolarEdge Technologies's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SolarEdge Technologies Debt-to-Equity Chart

SolarEdge Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.61

0.55

0.34

0.31

SolarEdge Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.34	0.31	0.29	0.30	0.31

Competitive Comparison of SolarEdge Technologies's Debt-to-Equity

For the Solar subindustry, SolarEdge Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SolarEdge Technologies's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SolarEdge Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SolarEdge Technologies's Debt-to-Equity falls into.

SolarEdge Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SolarEdge Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(20.957	+	714.343)	/	2411.909
	=	0.30

SolarEdge Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(20.957	+	714.343)	/	2411.909
	=	0.30

SolarEdge Technologies (NAS:SEDG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

SolarEdge Technologies Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of SolarEdge Technologies's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

SolarEdge Technologies (SolarEdge Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SolarEdge Technologies Inc (NAS:SEDG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SEDG:Mexico 2ED:Germany 2ED:Germany 2ED:Germany SEDG:Austria

Address

1 HaMada Street, Post Box 12001, Herziliya Pituach, ISR, 4673335

Website

https://www.solaredge.com

SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.

Executives

Marcel Gani	director	142 ALMENDRAL AVE, ATHERTON CA 94027
More Avery	director	5930 ROYAL LANE SUITE E-120, DALLAS TX 75230
Ronen Faier	officer: Chief Financial Officer	MARVA 11, HERZLIA L3 46417
Dana Rebecca Gross	director	C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Meir Adest	officer: VP, Core Technologies	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Uri Bechor	officer: Chief Operating Officer	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Zvi Lando	officer: Vice President, Global Sales	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Rachel Prishkolnik	officer: VP, GC and Corporate Secretary	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Dirk Hoke	director	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Doron Inbar	director	C/O CARMEL VENTURES, 12 ABBA EBAN AVENUE, HERZELIYA L3 46725
Yoav Galin	officer: VP, Research and Development	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Tal Payne	director	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Betsy S Atkins	director
Jonathan Cheifetz	director	9 EIN YAKOV ST., TEL AVIV L3 65155
Lior Handelsman	officer: VP, Marktng and Prod Strategy	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335