SolarEdge Technologies (SolarEdge Technologies) LT-Debt-to-Total-Asset : 0.17 (As of Mar. 2024)

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What is SolarEdge Technologies LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. SolarEdge Technologies's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.17.

SolarEdge Technologies's long-term debt to total assets ratio increased from Mar. 2023 (0.16) to Mar. 2024 (0.17). It may suggest that SolarEdge Technologies is progressively becoming more dependent on debt to grow their business.

SolarEdge Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for SolarEdge Technologies's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SolarEdge Technologies LT-Debt-to-Total-Asset Chart

SolarEdge Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.26

0.24

0.17

0.16

SolarEdge Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.15	0.15	0.16	0.17

SolarEdge Technologies LT-Debt-to-Total-Asset Calculation

SolarEdge Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	714.343	/	4587.731
	=	0.16

SolarEdge Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	709.727	/	4166.822
	=	0.17

SolarEdge Technologies (NAS:SEDG) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

SolarEdge Technologies LT-Debt-to-Total-Asset Related Terms

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SolarEdge Technologies (SolarEdge Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SolarEdge Technologies Inc (NAS:SEDG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SEDG:Mexico 2ED:Germany 2ED:Germany 2ED:Germany SEDG:Austria

Address

1 HaMada Street, Post Box 12001, Herziliya Pituach, ISR, 4673335

Website

https://www.solaredge.com

SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.

Executives

Marcel Gani	director	142 ALMENDRAL AVE, ATHERTON CA 94027
More Avery	director	5930 ROYAL LANE SUITE E-120, DALLAS TX 75230
Ronen Faier	officer: Chief Financial Officer	MARVA 11, HERZLIA L3 46417
Dana Rebecca Gross	director	C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Meir Adest	officer: VP, Core Technologies	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Uri Bechor	officer: Chief Operating Officer	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Zvi Lando	officer: Vice President, Global Sales	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Rachel Prishkolnik	officer: VP, GC and Corporate Secretary	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Dirk Hoke	director	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Doron Inbar	director	C/O CARMEL VENTURES, 12 ABBA EBAN AVENUE, HERZELIYA L3 46725
Yoav Galin	officer: VP, Research and Development	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Tal Payne	director	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Betsy S Atkins	director
Jonathan Cheifetz	director	9 EIN YAKOV ST., TEL AVIV L3 65155
Lior Handelsman	officer: VP, Marktng and Prod Strategy	1 HAMADA STREET, HERZILIYA PITUACH L3 4673335