CSIQ
Price:
$11.91
Market Cap:
$788.14M
Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power and battery storage products in Asia, the Americas, Europe, and internationally. The company operates through two segments, Canadian Solar Inc. (CSI) Solar and Global Energy. The CSI Solar segment offers standard solar modules and battery storage solutions, as well as solar system kits that are a ready-to-install packages comprising inverters, racking systems, and other accessories; and engineering, procurement, and construction (EPC) services. The Global Energy segment engages in the development, construction, maintenance, and sale of so...[Read more]
Industry
Solar
IPO Date
2006-11-09
Stock Exchange
NASDAQ
Ticker
CSIQ
According to Canadian Solar Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.94. This represents a change of -7.87% compared to the average of 1.02 of the last 4 quarters.
The mean historical Current Ratio of Canadian Solar Inc. over the last ten years is 1.06. The current 0.94 Current Ratio has changed 8.77% with respect to the historical average. Over the past ten years (40 quarters), CSIQ's Current Ratio was at its highest in in the September 2020 quarter at 1.24. The Current Ratio was at its lowest in in the June 2016 quarter at 0.81.
Average
1.06
Median
1.05
Minimum
0.85
Maximum
1.19
Discovering the peaks and valleys of Canadian Solar Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 22.89%
Maximum Annual Current Ratio = 1.19
Minimum Annual Increase = -28.26%
Minimum Annual Current Ratio = 0.85
Year | Current Ratio | Change |
---|---|---|
2023 | 0.99 | -7.63% |
2022 | 1.07 | -9.17% |
2021 | 1.18 | 1.30% |
2020 | 1.17 | 10.88% |
2019 | 1.05 | 0.89% |
2018 | 1.04 | 4.85% |
2017 | 0.99 | -2.38% |
2016 | 1.02 | 19.52% |
2015 | 0.85 | -28.26% |
2014 | 1.19 | 22.89% |
The current Current Ratio of Canadian Solar Inc. (CSIQ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.08
5-year avg
1.09
10-year avg
1.06
Canadian Solar Inc.’s Current Ratio is less than Maxeon Solar Technologies, Ltd. (1.36), less than SunPower Corporation (0.94), less than SolarEdge Technologies, Inc. (2.34), greater than Sunnova Energy International Inc. (0.86), less than Enphase Energy, Inc. (4.16), less than Sunrun Inc. (1.47), less than First Solar, Inc. (2.14),
Company | Current Ratio | Market cap |
---|---|---|
1.36 | $130.27M | |
0.94 | $21.55M | |
2.34 | $688.45M | |
0.86 | $612.27M | |
4.16 | $8.96B | |
1.47 | $2.36B | |
2.14 | $19.92B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Canadian Solar Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Canadian Solar Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Canadian Solar Inc.'s Current Ratio?
How is the Current Ratio calculated for Canadian Solar Inc. (CSIQ)?
What is the highest Current Ratio for Canadian Solar Inc. (CSIQ)?
What is the 3-year average Current Ratio for Canadian Solar Inc. (CSIQ)?
What is the 5-year average Current Ratio for Canadian Solar Inc. (CSIQ)?
How does the current Current Ratio for Canadian Solar Inc. (CSIQ) compare to its historical average?