SolarEdge Total Operating Expenses vs Income Tax Expense Analysis
| SEDG Stock | USD 58.20 1.59 2.81% |
SolarEdge Technologies financial indicator trend analysis is much more than just breaking down SolarEdge Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SolarEdge Technologies is a good investment. Please check the relationship between SolarEdge Technologies Total Operating Expenses and its Income Tax Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SolarEdge Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.
Total Operating Expenses vs Income Tax Expense
Total Operating Expenses vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SolarEdge Technologies Total Operating Expenses account and Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SolarEdge Technologies' Total Operating Expenses and Income Tax Expense is 0.92. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of SolarEdge Technologies, assuming nothing else is changed. The correlation between historical values of SolarEdge Technologies' Total Operating Expenses and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of SolarEdge Technologies are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Total Operating Expenses i.e., SolarEdge Technologies' Total Operating Expenses and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Income Tax Expense
Most indicators from SolarEdge Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SolarEdge Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SolarEdge Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.At this time, SolarEdge Technologies' Enterprise Value Multiple is most likely to increase significantly in the upcoming years.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 422.2M | 678.5M | 632.3M | 663.9M | Cost Of Revenue | 1.3B | 2.3B | 2.3B | 2.4B |
SolarEdge Technologies fundamental ratios Correlations
Click cells to compare fundamentals
SolarEdge Technologies Account Relationship Matchups
SolarEdge Technologies fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.5B | 2.4B | 2.9B | 4.3B | 4.6B | 4.8B | |
| Net Debt | (166.0M) | (164.5M) | 183.6M | (50.8M) | 396.8M | 416.7M | |
| Cash | 223.9M | 827.1M | 530.1M | 783.1M | 338.5M | 254.0M | |
| Other Assets | 26.2M | 17.0M | 52.5M | 63.0M | 118.5M | 124.4M | |
| Cash And Short Term Investments | 320.8M | 1.0B | 697.8M | 1.0B | 860.0M | 903.0M | |
| Total Current Assets | 932.8M | 1.7B | 1.7B | 2.9B | 3.3B | 3.5B | |
| Common Stock Shares Outstanding | 50.2M | 52.8M | 56.0M | 58.1M | 57.2M | 46.1M | |
| Short Long Term Debt Total | 57.9M | 662.6M | 713.7M | 732.3M | 735.3M | 772.1M | |
| Other Current Liab | 183.5M | 221.5M | 242.6M | 387.1M | 445.0M | 467.2M | |
| Total Current Liabilities | 436.7M | 436.1M | 525.2M | 889.7M | 893.2M | 937.9M | |
| Total Stockholder Equity | 811.7M | 1.1B | 1.3B | 2.2B | 2.4B | 2.5B | |
| Other Liab | 213.6M | 280.5M | 355.9M | 483.8M | 556.3M | 584.2M | |
| Property Plant And Equipment Net | 212.8M | 345.0M | 457.5M | 606.7M | 678.7M | 712.7M | |
| Current Deferred Revenue | 70.8M | 24.6M | 17.8M | 26.6M | 40.8M | 20.8M | |
| Retained Earnings | 337.7M | 478.0M | 650.1M | 743.8M | 778.2M | 817.1M | |
| Accounts Payable | 157.1M | 162.1M | 252.1M | 459.8M | 386.5M | 405.8M | |
| Non Current Assets Total | 561.9M | 717.8M | 1.2B | 1.4B | 1.3B | 1.3B | |
| Non Currrent Assets Other | 9.9M | 5.4M | 33.9M | 18.8M | 30.0M | 31.4M | |
| Long Term Debt | 173K | 573.4M | 621.5M | 624.5M | 627.4M | 658.8M | |
| Net Receivables | 382.3M | 275.3M | 527.4M | 1.1B | 788.3M | 827.8M | |
| Short Term Investments | 96.9M | 203.8M | 167.7M | 241.1M | 521.6M | 547.6M | |
| Liabilities And Stockholders Equity | 1.5B | 2.4B | 2.9B | 4.3B | 4.6B | 4.8B | |
| Non Current Liabilities Total | 246.2M | 915.3M | 1.1B | 1.2B | 1.3B | 1.3B | |
| Inventory | 170.8M | 331.7M | 380.1M | 729.2M | 1.4B | 1.5B | |
| Other Current Assets | 31.4M | 81.4M | 106.0M | 93.5M | 212.5M | 223.1M | |
| Other Stockholder Equity | 475.8M | 603.9M | 687.3M | 1.5B | 1.6B | 1.7B | |
| Total Liab | 683.0M | 1.4B | 1.6B | 2.1B | 2.2B | 2.3B | |
| Property Plant And Equipment Gross | 212.8M | 345.0M | 457.5M | 606.7M | 913.7M | 959.4M | |
| Accumulated Other Comprehensive Income | (1.8M) | 3.9M | (27.3M) | (73.1M) | (46.9M) | (44.5M) | |
| Short Term Debt | 25.3M | 27.9M | 12.7M | 16.2M | 21.0M | 21.6M | |
| Property Plant Equipment | 212.8M | 345.0M | 457.5M | 606.7M | 697.7M | 732.6M | |
| Net Tangible Assets | 608.0M | 877.5M | 1.1B | 2.1B | 2.4B | 2.6B | |
| Deferred Long Term Liab | 62.2M | 94.4M | 124.0M | 151.6M | 174.3M | 183.0M | |
| Long Term Investments | 119.2M | 147.4M | 482.2M | 645.5M | 415.5M | 234.9M | |
| Intangible Assets | 74.0M | 67.8M | 58.9M | 19.9M | 35.3M | 29.8M | |
| Good Will | 129.7M | 140.5M | 129.6M | 31.2M | 43.0M | 62.2M | |
| Retained Earnings Total Equity | 191.1M | 337.7M | 478.0M | 650.1M | 747.6M | 784.9M | |
| Capital Surpluse | 371.8M | 475.8M | 603.9M | 687.3M | 790.4M | 505.6M |
SolarEdge Technologies Investors Sentiment
The influence of SolarEdge Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SolarEdge. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to SolarEdge Technologies' public news can be used to forecast risks associated with an investment in SolarEdge. The trend in average sentiment can be used to explain how an investor holding SolarEdge can time the market purely based on public headlines and social activities around SolarEdge Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SolarEdge Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SolarEdge Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SolarEdge Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on SolarEdge Technologies.
SolarEdge Technologies Implied Volatility | 124.9 |
SolarEdge Technologies' implied volatility exposes the market's sentiment of SolarEdge Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if SolarEdge Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that SolarEdge Technologies stock will not fluctuate a lot when SolarEdge Technologies' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SolarEdge Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SolarEdge Technologies' short interest history, or implied volatility extrapolated from SolarEdge Technologies options trading.
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When determining whether SolarEdge Technologies is a strong investment it is important to analyze SolarEdge Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SolarEdge Technologies' future performance. For an informed investment choice regarding SolarEdge Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SolarEdge Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.Note that the SolarEdge Technologies information on this page should be used as a complementary analysis to other SolarEdge Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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When running SolarEdge Technologies' price analysis, check to measure SolarEdge Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SolarEdge Technologies is operating at the current time. Most of SolarEdge Technologies' value examination focuses on studying past and present price action to predict the probability of SolarEdge Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SolarEdge Technologies' price. Additionally, you may evaluate how the addition of SolarEdge Technologies to your portfolios can decrease your overall portfolio volatility.
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Is SolarEdge Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SolarEdge Technologies. If investors know SolarEdge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SolarEdge Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.598 | Earnings Share 0.6 | Revenue Per Share 52.629 | Quarterly Revenue Growth (0.65) | Return On Assets 0.0186 |
The market value of SolarEdge Technologies is measured differently than its book value, which is the value of SolarEdge that is recorded on the company's balance sheet. Investors also form their own opinion of SolarEdge Technologies' value that differs from its market value or its book value, called intrinsic value, which is SolarEdge Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SolarEdge Technologies' market value can be influenced by many factors that don't directly affect SolarEdge Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SolarEdge Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SolarEdge Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SolarEdge Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.