Solaredge Technologies (SEDG) Non-Current Deferred Tax Liability (2017 - 2021)
Solaredge Technologies (SEDG) posted quarterly 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% quarter-over-quarter from $8.6 million in Q4 2020.
Solaredge Technologies (SEDG) Non-Current Deferred Tax Liability (2017 - 2021) Analysis & Trends
Solaredge Technologies (SEDG) has reported Non-Current Deferred Tax Liability for 5 consecutive years, with $405000.0 the latest figure, recorded in Q3 2021.
- In Q3 2021, Non-Current Deferred Tax Liability fell 92.2% year-over-year to $405000.0; the TTM figure through Sep 2021 stood at $405000.0 (down 92.2% YoY), while the FY2020 annual figure was $8.6 million, up 92.62% from the prior year.
- Non-Current Deferred Tax Liability slipped 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.
- Historically, Non-Current Deferred Tax Liability has averaged $8.3 million across 5 years, with a median of $8.5 million in 2019.
- Annual changes were most pronounced in 2020 — Non-Current Deferred Tax Liability soared 92.62% — and 2021, when it tumbled 92.2%.
- Solaredge Technologies' 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 jumped by 92.62% to $8.6 million in 2020, then tumbled by 95.29% to $405000.0 in 2021.
- Business Quant data shows SEDG's Non-Current Deferred Tax Liability at $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 | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 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 |