Solaredge Technologies (SEDG) Interest Coverage Ratio (2014 - 2026)
Solaredge Technologies (SEDG) posted quarterly Interest Coverage Ratio of 0.66 for Q1 2026, up 19.85% year-over-year from 0.55 in Q1 2025, and down 109.09% quarter-over-quarter from 0.31 in Q3 2025.
Solaredge Technologies (SEDG) Interest Coverage Ratio (2014 - 2026) Analysis & Trends
Solaredge Technologies (SEDG) has reported Interest Coverage Ratio for 13 consecutive years, with 0.66 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 19.85% year-over-year to 0.66; the TTM figure through Mar 2026 stood at 3.69 (up 70.19% YoY), while the FY2020 annual figure was 1.82, down 11.54% from the prior year.
- Interest Coverage Ratio eased to 0.66 in Q1 2026 per SEDG's latest filing, from 0.31 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 1.12 in Q1 2023 and bottomed at 6.79 in Q3 2024.
- Historically, Interest Coverage Ratio has averaged 0.58 across 5 years, with a median of 0.31 in 2025.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio soared 162.14% — and 2024, when it sank 6969.67%.
- Solaredge Technologies' Interest Coverage Ratio stood at 0.87 in 2022, then sank by 111.06% to 0.1 in 2023, then plunged by 6969.67% to 6.79 in 2024, then surged by 95.37% to 0.31 in 2025, then plunged by 109.09% to 0.66 in 2026.
- Business Quant data shows SEDG's Interest Coverage Ratio at 0.66 in Q1 2026, 0.31 in Q3 2025, and 1.0 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 80.96 |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 157.55 |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -1.30 |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 5.39 |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 1.32 |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 6.01 |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | -46.19 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.23 |
| Mar 31, 2026 | -0.66 |
| Sep 30, 2025 | -0.31 |
| Jun 30, 2025 | -1.00 |
| Mar 31, 2025 | -0.82 |
| Sep 30, 2024 | -6.79 |
| Jun 30, 2024 | -0.95 |
| Mar 31, 2024 | -0.96 |
| Sep 30, 2023 | -0.10 |
| Jun 30, 2023 | 1.03 |
| Mar 31, 2023 | 1.12 |
| Sep 30, 2022 | 0.87 |
| Jun 30, 2022 | 0.39 |
| Mar 31, 2022 | 0.62 |
| Sep 30, 2021 | 0.58 |
| Jun 30, 2021 | 0.43 |
| Mar 31, 2021 | 0.32 |
| Dec 31, 2020 | 2.97 |
| Sep 30, 2020 | 0.20 |
| Jun 30, 2020 | 0.16 |