Solaredge Technologies (SEDG) Long-Term Deferred Tax (2015 - 2024)
Solaredge Technologies' (SEDG) quarterly Long-Term Deferred Tax came in at $131.7 million in Q2 2024, up 163.53% year-on-year from $50.0 million in Q3 2023, and up 7.49% on a QoQ basis from $122.6 million in Q1 2024.
Solaredge Technologies (SEDG) Long-Term Deferred Tax (2015 - 2024) Analysis & Trends
Solaredge Technologies (SEDG) has 10 years of Long-Term Deferred Tax data on file, last reported at $131.7 million in Q2 2024.
- On a quarterly basis, Long-Term Deferred Tax rose 163.53% year-over-year to $131.7 million in Q2 2024; TTM through Jun 2024 was $131.7 million, a 163.53% increase from a year earlier, with the FY2023 full-year figure at $80.9 million, up 83.25% from the prior year.
- Long-Term Deferred Tax for Q2 2024 stood at $131.7 million, up from $122.6 million in the prior quarter.
- Over the last five years, Long-Term Deferred Tax for SEDG reached as high as $131.7 million in Q2 2024 and fell as low as $10.7 million in Q3 2020.
- Historically, Long-Term Deferred Tax has averaged $43.6 million across 5 years, with a median of $32.3 million in 2022.
- Across the five-year window, Long-Term Deferred Tax plunged 37.85% in 2020 and surged 163.53% in 2024, its largest moves.
- Year by year, Long-Term Deferred Tax stood at $11.7 million in 2020, then jumped by 136.14% to $27.6 million in 2021, then jumped by 60.14% to $44.2 million in 2022, then soared by 83.25% to $80.9 million in 2023, then jumped by 62.83% to $131.7 million in 2024.
- Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $131.7 million in Q2 2024, $122.6 million in Q1 2024, and $80.9 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 131.75 Mn |
| Mar 31, 2024 | 122.56 Mn |
| Dec 31, 2023 | 80.91 Mn |
| Sep 30, 2023 | 60.15 Mn |
| Jun 30, 2023 | 49.99 Mn |
| Mar 31, 2023 | 46.61 Mn |
| Dec 31, 2022 | 44.15 Mn |
| Sep 30, 2022 | 38.27 Mn |
| Jun 30, 2022 | 33.40 Mn |
| Mar 31, 2022 | 31.21 Mn |
| Dec 31, 2021 | 27.57 Mn |
| Sep 30, 2021 | 21.83 Mn |
| Jun 30, 2021 | 19.96 Mn |
| Mar 31, 2021 | 17.35 Mn |
| Dec 31, 2020 | 11.68 Mn |
| Sep 30, 2020 | 10.68 Mn |
| Jun 30, 2020 | 19.12 Mn |
| Mar 31, 2020 | 17.10 Mn |
| Dec 31, 2019 | 16.30 Mn |
| Sep 30, 2019 | 17.18 Mn |