SolarEdge Technologies Inc (SEDG)

Return on assets (ROA)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	-1,254,538	-1,655,832	-511,688	-261,360	34,329	217,541	303,460	199,034	93,779	113,904	142,209	172,217	169,170	145,871	136,574	128,150	140,322	175,445	173,321	169,781
Total assets	US$ in thousands	2,630,200	2,816,390	3,948,210	4,166,820	4,587,730	4,651,150	4,696,560	4,496,430	4,265,950	3,903,550	3,772,780	3,682,920	2,900,950	2,656,830	2,564,320	2,464,600	2,437,110	2,278,300	1,605,830	1,513,840
ROA		-47.70%	-58.79%	-12.96%	-6.27%	0.75%	4.68%	6.46%	4.43%	2.20%	2.92%	3.77%	4.68%	5.83%	5.49%	5.33%	5.20%	5.76%	7.70%	10.79%	11.22%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-1,254,538K ÷ $2,630,200K
= -47.70%

SolarEdge Technologies Inc's return on assets (ROA) has witnessed a declining trend over the past few years. ROA deteriorated from 11.22% as of March 31, 2020, to a low of -58.79% as of September 30, 2024. This signifies a significant decrease in the company's ability to generate profits relative to its total assets.

The decreasing trend in ROA suggests that the company may be experiencing challenges in efficiently utilizing its assets to generate earnings. Negative ROA values indicate that SolarEdge Technologies Inc is experiencing financial difficulties and may be struggling to generate profits from its assets.

Investors and stakeholders should carefully monitor the company's asset management and profitability metrics to assess its financial health and performance sustainability over the coming periods.