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	395.24	270.21	209.5	134.48	106.66
Receivables	555.67	948.06	1,115	590.82	325.36
Inventory	645.9	1,443	729.2	380.14	331.7
Prepaid Expenses	25.29	29.58	31.58	42.51	31.35
Restricted Cash	135.33	-	-	-	-
Other Current Assets	86.24	23.19	-	-	-
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	63.57	415.48	647.35	498.87	147.43
Goodwill	48.38	43	31.19	129.63	140.48
Other Intangible Assets	9.67	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	29.37	13.67	3.46	-	-
Other Long-Term Assets	14.39	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	300.78	256.01	277.1	157.3	137.71
Current Portion of Long-Term Debt	346.31	-	-	-	16.89
Current Portion of Leases	15.24	20.96	19.45	14.6	12.68
Current Unearned Revenue	140.87	40.84	26.64	17.79	24.65
Other Current Liabilities	144.39	188.95	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	760.73	735.3	735.54	715.56	664.29
Net Cash (Debt)	-132.24	532.56	934.18	464.49	514.07
Net Cash Growth	-	-42.99%	101.12%	-9.65%	34.63%
Net Cash Per Share	-2.32	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	1.09	12.82	13.07	13.83	17.94
Buildings	60.5	153.81	152.22	62.52	49.86
Machinery	326.78	498.13	430.9	298.5	259.24
Construction In Progress	34.95	88.08	47.17	112.04	48.34
Leasehold Improvements	110.38	96.73	85.15	73.99	48.61

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q