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Solaredge Technologies Inc   (SEDG)
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    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology


Solaredge Technologies Inc 's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Solaredge Technologies Inc 's ROA in the fourth quarter of 2023?
Solaredge Technologies Inc achieved a return on average assets (ROA) of 0.76 % in its fourth quarter of 2023, which is below Solaredge Technologies Inc 's average return on assets, which stands at 9.94%.

ROA decreased relative to the period ending Sep 30 2023, due to the decline in net income.

However, within the Technology sector 182 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2023 from 1202 to 1589.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change 7.6 % 19.31 % 24.66 % 22.17 % 47.72 %
Y / Y Net Income Change - - 692.3 % 317.77 % -49.14 %
Net Income (TTM) in million 34 218 303 199 94
Return On Assets (TTM) 0.76 % 4.87 % 7.09 % 4.92 % 2.44 %
SEDG's Total Ranking # 1589 # 1202 # 940 # 1274 # 2167
Total Assets (TTM) in million 4,526 4,587 4,632 4,429 4,206
Seq. Total Assets Change -1.32 % -0.99 % 4.59 % 5.3 % 9.42 %
Seq. Net Income Change - - -13.64 % 564.35 % -15.82 %



Return On Assets Company Ranking
Within: No.
Industry # 37
Sector # 183
Overall # 1585

Return On Assets Statistics
High Average Low
18 %
9.94 %
0.74 %
(Sep 30 2018)   (Dec 31 2023)





Financial Statements
Solaredge Technologies Inc 's Assets $ 4,526 million SEDG's Balance sheet
Solaredge Technologies Inc 's Income $ -162 million Quarterly SEDG's Income Statement
SEDG's Income by Division See SEDG's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 7.6 % 47.72 % 18.72 % 60.47 % 54.97 %
Total Assets in million 4,526 4,206 2,847 2,398 1,495
Y / Y Net Income Change -63.39 % -44.57 % 20.56 % -3.2 % 13.21 %
Net Income in million 34 94 169 140 145
Return On Assets 0.76 % 2.23 % 5.94 % 5.85 % 9.7 %




Comment on SEDG's ROA in the fiscal year ending 2023
In the fiscal year 2023 Solaredge Technologies Inc 's ROA decreased compared to previous year to 0.76 %, due to deterioration of net income -63.39 % to $34.33 million, from $93.78 million a year ago, as SEDG's assets were $4,526.05 million.


More Return On Assets Ratios
SEDG's' Return on Assets at Yahoo Finance
Semiconductors Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
SEDG's Roa Ratio versus Semiconductors Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for SEDG's Competitors
Roa for Solaredge Technologies Inc 's Suppliers
Return On Assets for SEDG's Customers

You may also want to know
SEDG's Roi SEDG's Inventory Turnover Ratio SEDG's Growth Rates SEDG's Dividend Comparisons
SEDG's Profitability Ratios SEDG's Asset Turnover Ratio SEDG's Dividend Growth
SEDG's Roe SEDG's Valuation Ratios SEDG's Financial Strength Ratios SEDG's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Technology Sector ROA
Digi International Inc   1.90 %
Duolingo Inc   1.86 %
Docebo Inc   1.79 %
Leidos Holdings Inc   1.61 %
Crowdstrike Holdings Inc   1.57 %
Outbrain Inc   1.53 %
Zoominfo Technologies Inc   1.52 %
Pubmatic Inc   1.44 %
Datadog Inc   1.39 %
Digitalocean Holdings Inc   1.30 %
Advanced Micro Devices Inc   1.26 %
Micropac Industries Inc   1.18 %
Zoom Video Communications Inc   1.13 %
Telus International cda Inc   1.12 %
Key Tronic Corporation  1.10 %
Pdf Solutions Inc  1.09 %
Integral Ad Science Holding Corp   1.03 %
Intel Corporation  0.89 %
Open Text Corp  0.76 %
Solaredge Technologies Inc   0.74 %
Appfolio Inc   0.72 %
Iridium Communications Inc   0.56 %
Hurco Companies inc   0.47 %
Sigmatron International Inc   0.45 %
Semrush Holdings Inc   0.31 %
Bandwidth Inc   0.30 %
Salesforce Inc   0.22 %


Date modified: 2024-02-26T21:09:12+00:00


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