SolarEdge Technologies, Inc. (SEDG)

SolarEdge Technologies Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	401.36	274.61	338.47	783.11	530.09	827.15
Short-Term Investments	250.27	311.28	521.57	241.12	167.73	203.78
Cash & Short-Term Investments	651.63	585.89	860.04	1,024	697.82	1,031
Cash Growth	-4.26%	-31.88%	-16.03%	46.78%	-32.31%	221.41%
Accounts Receivable	132.58	160.42	622.43	905.15	456.34	218.71
Other Receivables	293.5	395.24	270.21	209.5	134.48	106.66
Receivables	459.25	555.67	948.06	1,115	590.82	325.36
Inventory	636.6	645.9	1,443	729.2	380.14	331.7
Prepaid Expenses	27.37	25.29	29.58	31.58	42.51	31.35
Restricted Cash	104.46	135.33	-	-	-	-
Other Current Assets	110.37	86.24	23.19	-	-	-
Total Current Assets	1,990	2,034	3,304	2,900	1,711	1,719
Property, Plant & Equipment	388.46	384.83	678.75	606.72	457.52	345.01
Long-Term Investments	55.32	63.57	415.48	647.35	498.87	147.43
Goodwill	48.63	48.38	43	31.19	129.63	140.48
Other Intangible Assets	8.87	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	29.18	29.37	13.67	3.46	-	-
Other Long-Term Assets	5.03	14.39	13.85	13.49	17.21	5.35
Total Assets	2,525	2,630	4,588	4,266	2,901	2,437
Accounts Payable	135.44	93.49	386.47	459.83	252.07	162.05
Accrued Expenses	274.76	300.78	256.01	277.1	157.3	137.71
Current Portion of Long-Term Debt	341.47	346.31	-	-	-	16.89
Current Portion of Leases	15.03	15.24	20.96	19.45	14.6	12.68
Current Unearned Revenue	76.49	140.87	40.84	26.64	17.79	24.65
Other Current Liabilities	131.24	144.39	188.95	106.7	83.42	82.11
Total Current Liabilities	974.43	1,041	893.23	889.72	525.18	436.1
Long-Term Debt	330.39	330.01	627.38	624.45	621.54	573.35
Long-Term Leases	71.19	69.18	86.96	91.64	79.42	61.37
Long-Term Unearned Revenue	243.65	231.05	214.61	186.94	151.56	115.37
Long-Term Deferred Tax Liabilities	-	-	-	-	-	8.59
Other Long-Term Liabilities	311.31	300.54	353.64	296.84	213.22	156.57
Total Liabilities	1,931	1,972	2,176	2,090	1,591	1,351
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,846	1,813	1,681	1,506	687.3	603.89
Retained Earnings	-1,127	-1,028	778.17	743.84	650.06	478
Treasury Stock	-50.19	-50.19	-	-	-	-
Comprehensive Income & Other	-74.6	-76.48	-46.89	-73.11	-27.32	3.86
Total Common Equity	594.21	658.34	2,412	2,176	1,310	1,086
Shareholders' Equity	594.21	658.34	2,412	2,176	1,310	1,086
Total Liabilities & Equity	2,525	2,630	4,588	4,266	2,901	2,437
Total Debt	758.08	760.73	735.3	735.54	715.56	664.29
Net Cash (Debt)	-72.39	-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	-1.26	-2.32	9.30	16.08	8.30	9.74
Filing Date Shares Outstanding	59.04	58.03	57.13	56.15	52.82	51.58
Total Common Shares Outstanding	58.29	58.03	57.12	56.13	52.82	51.56
Working Capital	1,015	993.23	2,411	2,010	1,186	1,283
Book Value Per Share	10.19	11.35	42.22	38.77	24.80	21.06
Tangible Book Value	536.71	600.3	2,334	2,125	1,122	877.46
Tangible Book Value Per Share	9.21	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 May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q