SolarEdge Technologies, Inc. (SEDG)

SolarEdge Technologies Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	274.61	338.47	783.11	530.09	827.15
Short-Term Investments	311.28	521.57	241.12	167.73	203.78
Cash & Short-Term Investments	585.89	860.04	1,024	697.82	1,031
Cash Growth	-31.88%	-16.03%	46.78%	-32.31%	221.41%
Accounts Receivable	160.42	622.43	905.15	456.34	218.71
Other Receivables	-	277.73	209.5	134.48	106.66
Receivables	160.42	955.57	1,115	590.82	325.36
Inventory	645.9	1,443	729.2	380.14	331.7
Prepaid Expenses	506.77	45.25	31.58	42.51	31.35
Restricted Cash	135.33	-	-	-	-
Total Current Assets	2,034	3,304	2,900	1,711	1,719
Property, Plant & Equipment	384.83	678.75	606.72	457.52	345.01
Long-Term Investments	42.6	415.48	647.35	498.87	147.43
Goodwill	-	43	31.19	129.63	140.48
Other Intangible Assets	58.05	35.35	19.93	58.86	67.82
Long-Term Deferred Tax Assets	-	80.91	44.15	27.57	11.68
Long-Term Deferred Charges	-	13.67	3.46	-	-
Other Long-Term Assets	64.74	13.85	13.49	17.21	5.35
Total Assets	2,630	4,588	4,266	2,901	2,437
Accounts Payable	93.49	386.47	459.83	252.07	162.05
Accrued Expenses	320.16	259.27	277.1	157.3	137.71
Current Portion of Long-Term Debt	346.31	-	-	-	16.89
Current Portion of Leases	-	20.96	19.45	14.6	12.68
Current Unearned Revenue	140.87	40.84	26.64	17.79	24.65
Other Current Liabilities	140.25	185.7	106.7	83.42	82.11
Total Current Liabilities	1,041	893.23	889.72	525.18	436.1
Long-Term Debt	330.01	627.38	624.45	621.54	573.35
Long-Term Leases	69.18	86.96	91.64	79.42	61.37
Long-Term Unearned Revenue	231.05	214.61	186.94	151.56	115.37
Long-Term Deferred Tax Liabilities	-	-	-	-	8.59
Other Long-Term Liabilities	300.54	353.64	296.84	213.22	156.57
Total Liabilities	1,972	2,176	2,090	1,591	1,351
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,813	1,681	1,506	687.3	603.89
Retained Earnings	-1,028	778.17	743.84	650.06	478
Treasury Stock	-50.19	-	-	-	-
Comprehensive Income & Other	-76.48	-46.89	-73.11	-27.32	3.86
Total Common Equity	658.34	2,412	2,176	1,310	1,086
Shareholders' Equity	658.34	2,412	2,176	1,310	1,086
Total Liabilities & Equity	2,630	4,588	4,266	2,901	2,437
Total Debt	745.49	735.3	735.54	715.56	664.29
Net Cash (Debt)	-117	532.56	934.18	464.49	514.07
Net Cash Growth	-	-42.99%	101.12%	-9.65%	34.64%
Net Cash Per Share	-2.05	9.30	16.08	8.30	9.74
Filing Date Shares Outstanding	58.03	57.13	56.15	52.82	51.58
Total Common Shares Outstanding	58.03	57.12	56.13	52.82	51.56
Working Capital	993.23	2,411	2,010	1,186	1,283
Book Value Per Share	11.35	42.22	38.77	24.80	21.06
Tangible Book Value	600.3	2,334	2,125	1,122	877.46
Tangible Book Value Per Share	10.35	40.85	37.86	21.24	17.02
Land	-	12.82	13.07	13.83	17.94
Buildings	-	153.81	152.22	62.52	49.86
Machinery	-	498.13	430.9	298.5	259.24
Construction In Progress	-	88.08	47.17	112.04	48.34
Leasehold Improvements	-	96.73	85.15	73.99	48.61

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