Stock Analysis on Net
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.

Common-Size Balance Sheet: Assets 

Enphase Energy Inc., common-size consolidated balance sheet: assets

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 8.54 15.34 5.74 56.61 35.25
Restricted cash 0.00 0.00 0.00 0.00 6.27
Marketable securities 41.57 36.95 43.16 0.00 0.00
Accounts receivable, net of allowances 13.18 14.29 16.05 15.18 20.39
Inventory 6.31 4.85 3.58 3.48 4.49
Prepaid expenses and other assets 2.63 1.97 1.82 2.48 3.66
Current assets 72.23% 73.41% 70.34% 77.75% 70.06%
Property and equipment, net 4.97 3.61 3.95 3.58 4.06
Operating lease, right of use asset, net 0.59 0.69 0.69 1.47 1.42
Intangible assets, net 2.03 3.23 4.70 2.40 4.29
Goodwill 6.34 6.92 8.72 2.07 3.47
Other assets 6.38 5.49 5.71 4.99 6.26
Deferred tax assets, net 7.46 6.64 5.89 7.74 10.45
Non-current assets 27.77% 26.59% 29.66% 22.25% 29.94%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

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).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Enphase Energy Inc. current assets as a percentage of total assets increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Enphase Energy Inc. property and equipment, net as a percentage of total assets decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Enphase Energy Inc. non-current assets as a percentage of total assets decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.