SolarEdge Other Current Assets from 2010 to 2024

SEDG Stock  USD 52.67  4.88  8.48%   
SolarEdge Technologies' Other Current Assets are increasing over the last several years with slightly volatile swings. Other Current Assets are estimated to finish at about 223.1 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2013-06-30
Previous Quarter
212.5 M
Current Value
354.9 M
Quarterly Volatility
78.3 M
 
Yuan Drop
 
Covid
Check SolarEdge Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SolarEdge main balance sheet or income statement drivers, such as Depreciation And Amortization of 60.1 M, Interest Expense of 3.6 M or Selling General Administrative of 153.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0 or PTB Ratio of 2.3. SolarEdge financial statements analysis is a perfect complement when working with SolarEdge Technologies Valuation or Volatility modules.
  
This module can also supplement SolarEdge Technologies' financial leverage analysis and stock options assessment as well as various SolarEdge Technologies Technical models . Check out the analysis of SolarEdge Technologies Correlation against competitors.
For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.

Latest SolarEdge Technologies' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of SolarEdge Technologies over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. SolarEdge Technologies' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SolarEdge Technologies' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

SolarEdge Other Current Assets Regression Statistics

Arithmetic Mean54,932,167
Geometric Mean15,630,469
Coefficient Of Variation136.51
Mean Deviation58,897,556
Median16,789,000
Standard Deviation74,990,504
Sample Variance5623.6T
Range222M
R-Value0.83
Mean Square Error1870.5T
R-Squared0.69
Significance0.0001
Slope13,940,384
Total Sum of Squares78730.1T

SolarEdge Other Current Assets History

2024223.1 M
2023212.5 M
202293.5 M
2021106 M
202081.4 M
201931.4 M
201816.8 M

About SolarEdge Technologies Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include SolarEdge Technologies income statement, its balance sheet, and the statement of cash flows. SolarEdge Technologies investors use historical funamental indicators, such as SolarEdge Technologies's Other Current Assets, to determine how well the company is positioned to perform in the future. Although SolarEdge Technologies investors may use each financial statement separately, they are all related. The changes in SolarEdge Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SolarEdge Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on SolarEdge Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in SolarEdge Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets212.5 M223.1 M

Currently Active Assets on Macroaxis

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 the analysis of SolarEdge Technologies Correlation against competitors.
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 CEOs Directory module to screen CEOs from public companies around the world.

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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
39.389
Quarterly Revenue Growth
(0.78)
Return On Assets
(0.03)
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.