SolarEdge Inventory Turnover vs Price To Sales Ratio Analysis

SEDG Stock  USD 18.54  0.18  0.96%   
SolarEdge Technologies financial indicator trend analysis is much more than just breaking down SolarEdge Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SolarEdge Technologies is a good investment. Please check the relationship between SolarEdge Technologies Inventory Turnover and its Price To Sales Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SolarEdge Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.

Inventory Turnover vs Price To Sales Ratio

Inventory Turnover vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SolarEdge Technologies Inventory Turnover account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between SolarEdge Technologies' Inventory Turnover and Price To Sales Ratio is 0.35. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of SolarEdge Technologies, assuming nothing else is changed. The correlation between historical values of SolarEdge Technologies' Inventory Turnover and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of SolarEdge Technologies are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Inventory Turnover i.e., SolarEdge Technologies' Inventory Turnover and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing SolarEdge Technologies stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on SolarEdge Technologies sales, a figure that is much harder to manipulate than other SolarEdge Technologies multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from SolarEdge Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SolarEdge Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SolarEdge Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.At this time, SolarEdge Technologies' Selling General Administrative is most likely to increase significantly in the upcoming years. The SolarEdge Technologies' current Sales General And Administrative To Revenue is estimated to increase to 0.17, while Tax Provision is projected to decrease to roughly 28.2 M.
 2022 2023 2024 2025 (projected)
Total Operating Expenses678.5M663.6M831.1M872.6M
Cost Of Revenue2.3B2.3B1.8B918.7M

SolarEdge Technologies fundamental ratios Correlations

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Click cells to compare fundamentals

SolarEdge Technologies Account Relationship Matchups

SolarEdge Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.4B2.9B4.3B4.6B5.3B5.5B
Net Debt(164.5M)183.6M(50.8M)396.8M456.4M479.2M
Cash827.1M530.1M783.1M338.5M389.2M254.0M
Other Assets17.0M52.5M63.0M118.5M136.3M143.1M
Cash And Short Term Investments1.0B697.8M1.0B860.0M989.0M1.0B
Total Current Assets1.7B1.7B2.9B3.3B3.8B4.0B
Common Stock Shares Outstanding52.8M56.0M58.1M57.2M57.0M47.3M
Short Long Term Debt Total662.6M713.7M732.3M735.3M845.6M887.9M
Other Current Liab238.4M242.6M383.8M445.0M511.7M537.3M
Total Current Liabilities436.1M525.2M889.7M893.2M1.0B1.1B
Total Stockholder Equity1.1B1.3B2.2B2.4B2.8B2.9B
Other Liab213.6M280.5M355.9M483.8M556.3M584.2M
Property Plant And Equipment Net345.0M457.5M606.7M678.7M780.6M819.6M
Current Deferred Revenue24.6M17.8M26.6M40.8M47.0M49.3M
Retained Earnings478.0M650.1M743.8M778.2M894.9M939.6M
Accounts Payable162.1M252.1M459.8M386.5M444.4M466.7M
Non Current Assets Total717.8M1.2B1.4B1.3B1.5B1.5B
Non Currrent Assets Other5.4M33.9M18.8M30.0M34.4M36.2M
Long Term Debt573.4M621.5M624.5M627.4M721.5M757.6M
Net Receivables325.4M590.8M905.1M788.3M906.6M951.9M
Short Term Investments203.8M167.7M241.1M521.6M599.8M629.8M
Liabilities And Stockholders Equity2.4B2.9B4.3B4.6B5.3B5.5B
Non Current Liabilities Total915.3M1.1B1.2B1.3B1.5B1.5B
Inventory331.7M380.1M729.2M1.4B1.7B1.7B
Other Current Assets31.4M42.5M241.1M212.5M244.3M256.6M
Other Stockholder Equity603.9M687.3M1.5B1.7B1.9B2.0B
Total Liab1.4B1.6B2.1B2.2B2.5B2.6B
Property Plant And Equipment Gross345.0M457.5M606.7M913.7M1.1B1.1B
Accumulated Other Comprehensive Income3.9M(27.3M)(73.1M)(46.9M)(42.2M)(40.1M)
Short Term Debt27.9M12.9M19.4M21.0M24.1M22.0M
Property Plant Equipment212.8M345.0M457.5M606.7M697.7M732.6M
Net Tangible Assets608.0M877.5M1.1B2.1B2.4B2.6B
Deferred Long Term Liab62.2M94.4M124.0M151.6M174.3M183.0M
Long Term Investments147.4M482.2M645.5M415.5M477.8M501.7M
Intangible Assets67.8M58.9M19.9M35.3M40.6M29.8M
Good Will140.5M129.6M31.2M43.0M49.4M62.2M
Retained Earnings Total Equity191.1M337.7M478.0M650.1M747.6M784.9M
Capital Surpluse371.8M475.8M603.9M687.3M790.4M505.6M

Currently Active Assets on Macroaxis

When determining whether SolarEdge Technologies is a strong investment it is important to analyze SolarEdge Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SolarEdge Technologies' future performance. For an informed investment choice regarding SolarEdge Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SolarEdge Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SolarEdge Technologies. If investors know SolarEdge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SolarEdge Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
6.598
Earnings Share
(31.64)
Revenue Per Share
15.79
Quarterly Revenue Growth
(0.38)
Return On Assets
(0.29)
The market value of SolarEdge Technologies is measured differently than its book value, which is the value of SolarEdge that is recorded on the company's balance sheet. Investors also form their own opinion of SolarEdge Technologies' value that differs from its market value or its book value, called intrinsic value, which is SolarEdge Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SolarEdge Technologies' market value can be influenced by many factors that don't directly affect SolarEdge Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SolarEdge Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SolarEdge Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SolarEdge Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.