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SEDG (SolarEdge Technologies) Interest Coverage : N/A (As of Mar. 2025)


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What is SolarEdge Technologies Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. SolarEdge Technologies's Operating Income for the three months ended in Mar. 2025 was $-102.7 Mil. SolarEdge Technologies's Interest Expense for the three months ended in Mar. 2025 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for SolarEdge Technologies's Interest Coverage or its related term are showing as below:


SEDG's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 19.24
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


SolarEdge Technologies Interest Coverage Historical Data

The historical data trend for SolarEdge Technologies's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

SolarEdge Technologies Interest Coverage Chart

SolarEdge Technologies Annual Data
Trend Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.10 59.43 64.16 16.87 -

SolarEdge Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - N/A N/A N/A

Competitive Comparison of SolarEdge Technologies's Interest Coverage

For the Solar subindustry, SolarEdge Technologies's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SolarEdge Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SolarEdge Technologies's Interest Coverage falls into.


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SolarEdge Technologies Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

SolarEdge Technologies's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, SolarEdge Technologies's Interest Expense was $-8.1 Mil. Its Operating Income was $-1,476.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $399.2 Mil.

SolarEdge Technologies did not have earnings to cover the interest expense.

SolarEdge Technologies's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, SolarEdge Technologies's Interest Expense was $0.0 Mil. Its Operating Income was $-102.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $401.6 Mil.

GuruFocus does not calculate SolarEdge Technologies's interest coverage with the available data.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


SolarEdge Technologies  (NAS:SEDG) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


SolarEdge Technologies Interest Coverage Related Terms

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


SolarEdge Technologies Business Description

Traded in Other Exchanges
Address
1 HaMada Street, Post Box 12001, Herziliya Pituach, ISR, 4673335
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.
Executives
More Avery director 5930 ROYAL LANE SUITE E-120, DALLAS TX 75230
Marcel Gani director 142 ALMENDRAL AVE, ATHERTON CA 94027
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