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

Solaredge Technologies Inc 's Working Capital Ratio

SEDG's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the forth quarter 2023, Working Capital Ratio fell to 3.7 above Solaredge Technologies Inc average.

Within Semiconductors industry 18 other companies have achieved higher Working Capital Ratio than Solaredge Technologies Inc in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 295, from total ranking in the third quarter 2023 at 359.

Explain Working Capital Ratio
How much in Current Assets SEDG´s has?
What is the value of SEDG´s Current Liabilities?


SEDG Working Capital 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 Current Assets Change 13.96 % 37.19 % 51.03 % 31.67 % 69.44 %
Working Capital Ratio MRQ 3.7 3.84 3.84 3.6 3.26
SEDG's Total Ranking # 295 # 359 # 894 # 1302 # 375
Seq. Current Liabilities Change 1.89 % -2.35 % -0.26 % 1.16 % 28.11 %
Seq. Current Assets Change -1.76 % -2.48 % 6.39 % 11.81 % 18.27 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Semiconductors Industry # 19
Technology Sector # 66
Overall Market # 295


Working Capital Ratio Statistics
High Average Low
4.82 3.56 2.14
(Dec 31 2016)   (Dec 31 2019)




Financial Statements
Solaredge Technologies Inc 's Current Liabilities $ 893 Millions Visit SEDG's Balance sheet
Solaredge Technologies Inc 's Current Assets $ 3,304 Millions Visit SEDG's Balance sheet
Source of SEDG's Sales Visit SEDG's Sales by Geography


Cumulative Solaredge Technologies Inc 's Working Capital Ratio

SEDG's Working Capital Ratio for the trailling 12 Months

SEDG Working Capital 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 Current Assets TTM Growth 13.96 % 37.19 % 51.03 % 31.67 % 69.44 %
Working Capital Ratio TTM 3.74 3.63 3.56 3.51 3.65
Total Ranking TTM # 1206 # 1318 # 2581 # 4056 # 413
Seq. Current Liabilities TTM Growth 1.89 % -2.35 % -0.26 % 1.16 % 28.11 %
Seq. Current Assets TTM Growth -1.76 % -2.48 % 6.39 % 11.81 % 18.27 %


On the trailing twelve months basis SEDG Current Assets increased by 13.96 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Solaredge Technologies Inc 's Working Capital Ratio to 3.74, above SEDG average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Semiconductors industry 47 other companies have achieved higher Working Capital Ratio than Solaredge Technologies Inc . While Working Capital Ratio overall ranking has improved so far to 1206, from total ranking during the twelve months ending third quarter 2023 at 1318.

Explain Working Capital Ratio
How much in Current Assets SEDG´s has?
What is the value of SEDG´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Semiconductors Industry # 48
Technology Sector # 238
Within the Market # 1206


trailing twelve months Working Capital Ratio Statistics
High Average Low
4.68 3.6 2.37
(Sep 30 2017)   (Mar 31 2020)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Semiconductors Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Ipg Photonics Corp  8.91 $ 1,914.654  Millions$ 214.861  Millions
Macom Technology Solutions Holdings Inc   7.24 $ 744.951  Millions$ 102.869  Millions
Rambus Inc   7.08 $ 630.645  Millions$ 89.121  Millions
Nlight Inc   6.73 $ 220.554  Millions$ 32.752  Millions
Cirrus Logic Inc   6.64 $ 1,185.385  Millions$ 178.594  Millions
Micropac Industries Inc   6.51 $ 30.733  Millions$ 4.723  Millions
Kulicke And Soffa Industries Inc   6.50 $ 1,177.653  Millions$ 181.288  Millions
Enphase Energy Inc   5.90 $ 2,443.518  Millions$ 414.149  Millions
Atomera Incorporated  5.35 $ 20.404  Millions$ 3.814  Millions
Pixelworks Inc  5.26 $ 64.725  Millions$ 12.297  Millions
Magnachip Semiconductor Corporation  5.23 $ 245.434  Millions$ 46.888  Millions
Skyworks Solutions Inc   5.02 $ 3,086.600  Millions$ 615.100  Millions
Applied Materials Inc  4.88 $ 19,182.000  Millions$ 3,929.000  Millions
Silicon Laboratories inc   4.57 $ 737.931  Millions$ 161.453  Millions
Ichor Holdings Ltd   4.48 $ 401.365  Millions$ 89.499  Millions
Formfactor inc   4.38 $ 573.780  Millions$ 131.095  Millions
Photronics Inc   4.36 $ 807.677  Millions$ 185.289  Millions
Nvidia Corp  4.17 $ 44,345.000  Millions$ 10,631.000  Millions
Navitas Semiconductor Corporation  4.14 $ 208.482  Millions$ 50.384  Millions
Gsi Technology Inc  3.91 $ 31.535  Millions$ 8.074  Millions
Viavi Solutions Inc   3.84 $ 965.300  Millions$ 251.300  Millions
Wolfspeed Inc   3.79 $ 2,541.700  Millions$ 671.200  Millions
Lattice Semiconductor Corp  3.78 $ 367.946  Millions$ 97.400  Millions
Solaredge Technologies Inc   3.70 $ 3,304.306  Millions$ 893.231  Millions
First Solar Inc   3.55 $ 4,634.809  Millions$ 1,306.158  Millions
Micron Technology Inc   3.53 $ 21,058.000  Millions$ 5,962.000  Millions
Stmicroelectronics N v   3.17 $ 11,807.000  Millions$ 3,730.000  Millions
Emcore Corporation  3.11 $ 85.815  Millions$ 27.616  Millions
On Semiconductor Corporation  2.71 $ 5,912.300  Millions$ 2,182.800  Millions
Smart Global Holdings Inc   2.68 $ 986.848  Millions$ 368.804  Millions

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



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