Stock Analysis on Net

Enphase Energy Inc. (NASDAQ:ENPH)

This company has been moved to the archive! The financial data has not been updated since February 9, 2024.

Analysis of Debt 

Microsoft Excel

Total Debt (Carrying Amount)

Enphase Energy Inc., balance sheet: debt

US$ in thousands

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Debt, current 90,892 86,052 325,967 2,884
Debt, non-current 1,293,738 1,199,465 951,594 4,898 102,659
Total debt (carrying amount) 1,293,738 1,290,357 1,037,646 330,865 105,543

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Debt item Description The company
Total debt (carrying amount) Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. Enphase Energy Inc. total debt increased from 2021 to 2022 and from 2022 to 2023.

Total Debt (Fair Value)

Microsoft Excel
Dec 31, 2023
Selected Financial Data (US$ in thousands)
Notes due 2028 511,800
Notes due 2026 568,800
Notes due 2025 147,700
Notes due 2024
Notes due 2023
Long-term financing receivable recorded as debt
Total debt (fair value) 1,228,300
Financial Ratio
Debt, fair value to carrying amount ratio 0.95

Based on: 10-K (reporting date: 2023-12-31).


Weighted-average Interest Rate on Debt

Weighted-average interest rate on debt: 4.64%

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
4.77% 569,592 27,170
4.44% 628,183 27,891
5.18% 95,963 4,971
Total 1,293,738 60,032
4.64%

Based on: 10-K (reporting date: 2023-12-31).

1 US$ in thousands

2 Weighted-average interest rate = 100 × 60,032 ÷ 1,293,738 = 4.64%