Solaredge Technologies (SEDG) Non-Current Deferred Tax Liability (2017 - 2021)
Solaredge Technologies (SEDG) reported Non-Current Deferred Tax Liability of $405000.0 for Q3 2021, down 92.2% year-over-year from $5.2 million in Q3 2020, and down 95.29% on a QoQ basis from $8.6 million in Q4 2020.
Solaredge Technologies (SEDG) has 5 years of Non-Current Deferred Tax Liability data on file, last reported at $405000.0 in Q3 2021.
- Quarterly Non-Current Deferred Tax Liability fell 92.2% year-over-year to $405000.0 in Q3 2021, while the trailing twelve-month figure through Sep 2021 was $405000.0 (down 92.2% YoY) and the FY2020 annual result came in at $8.6 million, up 92.62% from the prior year.
- Non-Current Deferred Tax Liability fell to $405000.0 in Q3 2021 per SEDG's latest filing, from $8.6 million in the prior quarter.
- Across five years, Non-Current Deferred Tax Liability topped out at $17.6 million in Q1 2018 and bottomed at $405000.0 in Q3 2021.
- The 5-year median for Non-Current Deferred Tax Liability is $7.8 million (2019), against an average of $7.7 million.
- The widest annual swing landed in 2019, when Non-Current Deferred Tax Liability surged 197.6%; it then sank 92.2% in 2021.
- Tracing SEDG's Non-Current Deferred Tax Liability over 5 years: stood at $16.8 million in 2017, then plunged by 91.1% to $1.5 million in 2018, then soared by 197.6% to $4.5 million in 2019, then jumped by 92.62% to $8.6 million in 2020, then plunged by 95.29% to $405000.0 in 2021.
- Per Business Quant, the three latest SEDG Non-Current Deferred Tax Liability figures stand at $405000.0 (Q3 2021), $8.6 million (Q4 2020), and $5.2 million (Q3 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2021 | 405,000.00 |
| Sep 30, 2021 | 405,000.00 |
| Dec 31, 2020 | 8.59 Mn |
| Dec 31, 2020 | 8.59 Mn |
| Sep 30, 2020 | 5.20 Mn |
| Sep 30, 2020 | 5.20 Mn |
| Jun 30, 2020 | 1.11 Mn |
| Jun 30, 2020 | 1.11 Mn |
| Mar 31, 2020 | 2.20 Mn |
| Mar 31, 2020 | 2.20 Mn |
| Dec 31, 2019 | 4.46 Mn |
| Dec 31, 2019 | 4.46 Mn |
| Sep 30, 2019 | 7.76 Mn |
| Sep 30, 2019 | 7.76 Mn |
| Jun 30, 2019 | 8.66 Mn |
| Jun 30, 2019 | 8.66 Mn |
| Mar 31, 2019 | 8.54 Mn |
| Mar 31, 2019 | 8.54 Mn |
| Dec 31, 2018 | 1.50 Mn |
| Dec 31, 2018 | 1.50 Mn |
| Jun 30, 2018 | 16.83 Mn |
| Jun 30, 2018 | 16.83 Mn |
| Mar 31, 2018 | 17.60 Mn |
| Mar 31, 2018 | 17.60 Mn |
| Dec 31, 2017 | 16.84 Mn |
| Dec 31, 2017 | 16.84 Mn |