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Solaredge Technologies Inc   (SEDG)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology

Solaredge Technologies Inc 's Quick Ratio

SEDG's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the forth quarter 2023, Quick Ratio fell to 0.96 below Solaredge Technologies Inc average.

Within Semiconductors industry 28 other companies have achieved higher Quick Ratio than Solaredge Technologies Inc in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 628, from total ranking in the third quarter 2023 at 1357.

Explain Quick Ratio?
How much Cash & cash equivalents SEDG´s has?
What are SEDG´s Current Liabilities?


SEDG Quick Ratio (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 Current Liabilities Change 0.39 % 26.23 % 46.65 % 58.25 % 69.41 %
Y / Y Cash & cash equivalent Change -16.03 % 16.74 % 17.32 % -1.95 % 46.78 %
Quick Ratio MRQ 0.96 1.17 1.17 1.27 1.15
SEDG's Total Ranking # 628 # 1357 # 1003 # 949 # 466
Seq. Current Liabilities Change 1.89 % -2.35 % -0.26 % 1.16 % 28.11 %
Seq. Cash & cash equivalent Change -16.37 % -2.14 % -7.71 % 11.17 % 16.27 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Semiconductors Industry # 29
Technology Sector # 132
Overall Market # 628


Quick Ratio Statistics
High Average Low
3.09 1.67 0.8
(Sep 30 2020)   (Dec 31 2019)




Financial Statements
Solaredge Technologies Inc 's Current Liabilities $ 893 Millions Visit SEDG's Balance sheet
Solaredge Technologies Inc 's Cash & cash equivalent $ 860 Millions Visit SEDG's Balance sheet
Source of SEDG's Sales Visit SEDG's Sales by Geography


Cumulative Solaredge Technologies Inc 's Quick Ratio

SEDG's Quick Ratio for the trailling 12 Months

SEDG Quick Ratio

(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 Current Liabilities TTM Growth 0.39 % 26.23 % 46.65 % 58.25 % 69.41 %
Y / Y Cash & cash equivalent TTM Growth -16.03 % 16.74 % 17.32 % -1.95 % 46.78 %
Quick Ratio TTM 1.14 1.19 1.21 1.27 1.43
Total Ranking TTM # 381 # 837 # 3626 # 2196 # 1127
Seq. Current Liabilities TTM Growth 1.89 % -2.35 % -0.26 % 1.16 % 28.11 %
Seq. Cash & cash equivalent TTM Growth -16.37 % -2.14 % -7.71 % 11.17 % 16.27 %


On the trailing twelve months basis Due to rise in Current Liabilities in the IV Quarter 2023 to $893.23 millions, cumulative Quick Ratio decreased to 1.14 below the Solaredge Technologies Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Semiconductors industry 29 other companies have achieved higher Quick Ratio than Solaredge Technologies Inc . While Quick Ratio overall ranking has improved so far to 381, from total ranking during the twelve months ending third quarter 2023 at 837.

Explain Quick Ratio?
How much Cash & cash equivalents SEDG´s has?
What are SEDG´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Semiconductors Industry # 30
Technology Sector # 119
Within the Market # 381


trailing twelve months Quick Ratio Statistics
High Average Low
2.53 1.71 0.99
(Sep 30 2017)   (Mar 31 2020)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Semiconductors Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Wolfspeed Inc   2.58 $ 1,731.300  Millions$ 671.200  Millions
Formfactor inc   2.51 $ 329.471  Millions$ 131.095  Millions
Nvidia Corp  2.44 $ 25,984.000  Millions$ 10,631.000  Millions
Viavi Solutions Inc   2.28 $ 571.800  Millions$ 251.300  Millions
Micropac Industries Inc   2.18 $ 10.299  Millions$ 4.723  Millions
Applied Materials Inc  1.91 $ 7,492.000  Millions$ 3,929.000  Millions
Skyworks Solutions Inc   1.70 $ 1,045.600  Millions$ 615.100  Millions
First Solar Inc   1.61 $ 2,102.489  Millions$ 1,306.158  Millions
Micron Technology Inc   1.52 $ 9,048.000  Millions$ 5,962.000  Millions
Smart Global Holdings Inc   1.50 $ 553.444  Millions$ 368.804  Millions
Lattice Semiconductor Corp  1.32 $ 128.317  Millions$ 97.400  Millions
Stmicroelectronics N v   1.30 $ 4,857.000  Millions$ 3,730.000  Millions
Amkor Technology Inc   1.28 $ 1,594.687  Millions$ 1,244.491  Millions
On Semiconductor Corporation  1.14 $ 2,483.000  Millions$ 2,182.800  Millions
Kopin Corporation  1.10 $ 17.403  Millions$ 15.878  Millions
Nxp Semiconductors N v   1.04 $ 4,271.000  Millions$ 4,111.000  Millions
Alpha And Omega Semiconductor Limited  1.01 $ 162.478  Millions$ 161.596  Millions
Solaredge Technologies Inc   0.96 $ 860.038  Millions$ 893.231  Millions
Ichor Holdings Ltd   0.89 $ 79.955  Millions$ 89.499  Millions
Advanced Micro Devices Inc   0.86 $ 5,773.000  Millions$ 6,689.000  Millions
Netlist Inc  0.85 $ 40.445  Millions$ 47.590  Millions
Maxlinear Inc   0.85 $ 188.339  Millions$ 222.129  Millions
Qorvo Inc   0.84 $ 1,071.987  Millions$ 1,280.333  Millions
Emcore Corporation  0.77 $ 21.174  Millions$ 27.616  Millions
Mobix Labs Inc   0.69 $ 14.796  Millions$ 21.444  Millions
Transphorm Inc   0.64 $ 7.951  Millions$ 12.410  Millions
Intel Corporation  0.64 $ 17,955.000  Millions$ 28,053.000  Millions
Applied Optoelectronics Inc   0.59 $ 55.097  Millions$ 93.358  Millions
Broadcom Inc   0.58 $ 11,864.000  Millions$ 20,369.000  Millions
Marvell Technology Inc  0.52 $ 950.800  Millions$ 1,814.200  Millions

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



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