SolarEdge Technologies, Inc. (SEDG)

SolarEdge Technologies Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	303.9	338.47	783.11	530.09	827.15	223.9
Short-Term Investments	374.87	521.57	241.12	167.73	203.78	96.86
Cash & Short-Term Investments	678.77	860.04	1,024	697.82	1,031	320.76
Cash Growth	-34.00%	-16.03%	46.78%	-32.31%	221.41%	1.40%
Accounts Receivable	239.41	622.43	905.15	456.34	218.71	298.38
Other Receivables	312.11	277.73	209.5	134.48	106.66	100.35
Receivables	583.82	955.57	1,115	590.82	325.36	398.73
Inventory	798.38	1,443	729.2	380.14	331.7	170.8
Prepaid Expenses	38.44	45.25	31.58	42.51	31.35	14.92
Other Current Assets	18.71	-	-	-	-	27.56
Total Current Assets	2,118	3,304	2,900	1,711	1,719	932.76
Property, Plant & Equipment	466.99	678.75	606.72	457.52	345.01	212.82
Long-Term Investments	78.62	415.48	647.35	498.87	147.43	119.18
Goodwill	51.88	43	31.19	129.63	140.48	129.65
Other Intangible Assets	11.17	35.35	19.93	58.86	67.82	74.01
Long-Term Deferred Tax Assets	-	80.91	44.15	27.57	11.68	16.3
Long-Term Deferred Charges	24.01	13.67	3.46	-	-	-
Other Long-Term Assets	15.62	13.85	13.49	17.21	5.35	9.9
Total Assets	2,816	4,588	4,266	2,901	2,437	1,495
Accounts Payable	94.73	386.47	459.83	252.07	162.05	157.15
Accrued Expenses	253.76	259.27	277.1	157.3	137.71	114.42
Current Portion of Long-Term Debt	345.9	-	-	-	16.89	15.67
Current Portion of Leases	12.44	20.96	19.45	14.6	12.68	9.82
Current Unearned Revenue	27.37	40.84	26.64	17.79	24.65	70.82
Other Current Liabilities	169.61	185.7	106.7	83.42	82.11	68.84
Total Current Liabilities	903.81	893.23	889.72	525.18	436.1	436.71
Long-Term Debt	329.61	627.38	624.45	621.54	573.35	-
Long-Term Leases	70.49	86.96	91.64	79.42	61.37	32.61
Long-Term Unearned Revenue	226.77	214.61	186.94	151.56	115.37	89.98
Long-Term Deferred Tax Liabilities	-	-	-	-	8.59	4.46
Other Long-Term Liabilities	329.34	353.64	296.84	213.22	156.57	119.19
Total Liabilities	1,860	2,176	2,090	1,591	1,351	682.95
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,779	1,681	1,506	687.3	603.89	475.79
Retained Earnings	-715.28	778.17	743.84	650.06	478	337.68
Comprehensive Income & Other	-57.25	-46.89	-73.11	-27.32	3.86	-1.81
Total Common Equity	956.37	2,412	2,176	1,310	1,086	811.67
Shareholders' Equity	956.37	2,412	2,176	1,310	1,086	811.67
Total Liabilities & Equity	2,816	4,588	4,266	2,901	2,437	1,495
Total Debt	758.44	735.3	735.54	715.56	664.29	58.11
Net Cash (Debt)	-23.63	532.56	934.18	464.49	514.07	381.83
Net Cash Growth	-	-42.99%	101.12%	-9.65%	34.64%	3.08%
Net Cash Per Share	-0.41	9.30	16.08	8.30	9.74	7.61
Filing Date Shares Outstanding	57.95	57.13	56.15	52.82	51.58	49.24
Total Common Shares Outstanding	57.18	57.12	56.13	52.82	51.56	48.9
Working Capital	1,214	2,411	2,010	1,186	1,283	496.05
Book Value Per Share	16.72	42.22	38.77	24.80	21.06	16.60
Tangible Book Value	893.32	2,334	2,125	1,122	877.46	608.01
Tangible Book Value Per Share	15.62	40.85	37.86	21.24	17.02	12.43
Land	10.11	12.82	13.07	13.83	17.94	6.94
Buildings	122.44	153.81	152.22	62.52	49.86	23.67
Machinery	319.58	498.13	430.9	298.5	259.24	166.24
Construction In Progress	46.66	88.08	47.17	112.04	48.34	59.06
Leasehold Improvements	112.02	96.73	85.15	73.99	48.61	12.75

Source: S&P Capital IQ. Standard template. Financial Sources.