Solaredge Technologies (SEDG) Non-Current Deferred Tax Liability (2017 - 2021)
Solaredge Technologies' (SEDG) quarterly Non-Current Deferred Tax Liability came in at $405000.0 in Q3 2021, down 92.2% year-on-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) Non-Current Deferred Tax Liability (2017 - 2021) Analysis & Trends
Solaredge Technologies (SEDG) has 5 years of Non-Current Deferred Tax Liability data on file, last reported at $405000.0 in Q3 2021.
- On a quarterly basis, Non-Current Deferred Tax Liability fell 92.2% year-over-year to $405000.0 in Q3 2021; TTM through Sep 2021 was $405000.0, a 92.2% decrease from a year earlier, with the FY2020 full-year figure at $8.6 million, up 92.62% from the prior year.
- Non-Current Deferred Tax Liability for Q3 2021 stood at $405000.0, down from $8.6 million in the prior quarter.
- Over the last five years, Non-Current Deferred Tax Liability for SEDG reached as high as $17.6 million in Q1 2018 and fell as low as $405000.0 in Q3 2021.
- Historically, Non-Current Deferred Tax Liability has averaged $8.3 million across 5 years, with a median of $8.5 million in 2019.
- Across the five-year window, Non-Current Deferred Tax Liability jumped 92.62% in 2020 and sank 92.2% in 2021, its largest moves.
- Year by year, Non-Current Deferred Tax Liability stood at $16.8 million in 2017, then slumped by 44.13% to $9.4 million in 2018, then tumbled by 52.58% to $4.5 million in 2019, then soared by 92.62% to $8.6 million in 2020, then tumbled by 95.29% to $405000.0 in 2021.
- Per Business Quant data, the three most recent Non-Current Deferred Tax Liability figures were $405000.0 in Q3 2021, $8.6 million in Q4 2020, and $5.2 million in Q3 2020.
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 |
|---|---|
| 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 | 9.41 Mn |
| Dec 31, 2018 | 9.41 Mn |