Enphase Energy Inc (ENPH) - Total Assets
Based on the latest financial reports, Enphase Energy Inc (ENPH) holds total assets worth $3.51 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See net assets of Enphase Energy Inc for net asset value and shareholders' equity analysis.
Enphase Energy Inc - Total Assets Trend (2009–2025)
This chart illustrates how Enphase Energy Inc's total assets have evolved over time, based on quarterly financial data.
Enphase Energy Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Enphase Energy Inc's total assets of $3.51 Billion consist of 74.3% current assets and 25.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.5% |
| Accounts Receivable | $229.88 Million | 6.6% |
| Inventory | $288.05 Million | 8.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $22.29 Million | 0.6% |
| Goodwill | $214.76 Million | 6.1% |
Asset Composition Trend (2009–2025)
This chart illustrates how Enphase Energy Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see how much is Enphase Energy Inc worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Enphase Energy Inc's current assets represent 74.3% of total assets in 2025, a decrease from 79.6% in 2009.
- Cash Position: Cash and equivalents constituted 13.5% of total assets in 2025, down from 41.3% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 8.2% of total assets.
Enphase Energy Inc Competitors by Total Assets
Key competitors of Enphase Energy Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
Premier Energies Limited
NSE:PREMIERENE
|
India | Rs77.34 Billion |
|
Hyundai Energy Solutions Co Ltd
KO:322000
|
Korea | ₩499.77 Billion |
|
Lingda Group Co Ltd
SHE:300125
|
China | CN¥916.87 Million |
|
Alfas Solar Enerji Sanayi ve Ticaret A.S.
IS:ALFAS
|
Turkey | TL11.80 Billion |
|
7C Solarparken AG
XETRA:HRPK
|
Germany | €528.32 Million |
|
Profithol S.A.
MC:SPH
|
Spain | €19.80 Million |
|
Glass To Power SpA
PA:MLGLB
|
France | €1.85 Million |
Enphase Energy Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.07 | 3.53 | 5.20 |
| Quick Ratio | 1.84 | 3.28 | 5.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.34 Billion | $1.67 Billion | $1.45 Billion |
Enphase Energy Inc - Advanced Valuation Insights
This section examines the relationship between Enphase Energy Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.21 |
| Latest Market Cap to Assets Ratio | 1.17 |
| Asset Growth Rate (YoY) | 8.0% |
| Total Assets | $3.51 Billion |
| Market Capitalization | $4.12 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Enphase Energy Inc's assets above their book value (1.17x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Enphase Energy Inc's assets grew by 8.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Enphase Energy Inc (2009–2025)
The table below shows the annual total assets of Enphase Energy Inc from 2009 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $3.51 Billion | +8.00% |
| 2024-12-31 | $3.25 Billion | -3.94% |
| 2023-12-31 | $3.38 Billion | +9.69% |
| 2022-12-31 | $3.08 Billion | +48.34% |
| 2021-12-31 | $2.08 Billion | +73.26% |
| 2020-12-31 | $1.20 Billion | +68.26% |
| 2019-12-31 | $713.22 Million | +109.81% |
| 2018-12-31 | $339.94 Million | +100.97% |
| 2017-12-31 | $169.15 Million | +3.41% |
| 2016-12-31 | $163.58 Million | -1.18% |
| 2015-12-31 | $165.53 Million | +8.76% |
| 2014-12-31 | $152.19 Million | +30.45% |
| 2013-12-31 | $116.67 Million | -4.60% |
| 2012-12-31 | $122.29 Million | +16.74% |
| 2011-12-31 | $104.76 Million | +76.05% |
| 2010-12-31 | $59.50 Million | +184.07% |
| 2009-12-31 | $20.95 Million | -- |
About Enphase Energy Inc
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter that converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy mo… Read more