Canadian Solar Inc
Canadian Solar Inc., together with its subsidiaries, provides solar energy and battery energy storage products and solutions in Asia, the Americas, Europe, and internationally. It operates through two segments, CSI Solar and Recurrent Energy. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. It also … Read more
Canadian Solar Inc - Asset Resilience Ratio
Canadian Solar Inc (CSIQ) has an Asset Resilience Ratio of 0.16% as of March 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2004–2023)
This chart shows how Canadian Solar Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Canadian Solar Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $19.32 Million | 0.16% |
| Total Liquid Assets | $19.32 Million | 0.16% |
Asset Resilience Insights
- Limited Liquidity: Canadian Solar Inc maintains only 0.16% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Canadian Solar Inc Industry Peers by Asset Resilience Ratio
Compare Canadian Solar Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218 |
Solar | 4.81% |
|
JA Solar Technology Co Ltd
SHE:002459 |
Solar | 1.13% |
|
GCL System Integration Technology Co Ltd
SHE:002506 |
Solar | 0.52% |
|
Changzhou Almaden Co Ltd
SHE:002623 |
Solar | 16.81% |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865 |
Solar | 10.68% |
|
Hanwha Solutions
KO:009830 |
Solar | 0.58% |
|
Hanwha Chemical Corp Pref
KO:009835 |
Solar | 0.58% |
|
Trive Property Group Bhd
KLSE:0118 |
Solar | 12.54% |
Annual Asset Resilience Ratio for Canadian Solar Inc (2004–2023)
The table below shows the annual Asset Resilience Ratio data for Canadian Solar Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.16% | $19.32 Million | $11.90 Billion | -0.04pp |
| 2022-12-31 | 0.20% | $18.34 Million | $9.04 Billion | -0.07pp |
| 2021-12-31 | 0.27% | $20.20 Million | $7.39 Billion | +0.04pp |
| 2020-12-31 | 0.23% | $15.06 Million | $6.54 Billion | +0.22pp |
| 2018-12-31 | 0.01% | $594.00K | $4.89 Billion | -0.26pp |
| 2017-12-31 | 0.28% | $16.20 Million | $5.89 Billion | +0.05pp |
| 2016-12-31 | 0.23% | $12.27 Million | $5.41 Billion | +0.09pp |
| 2015-12-31 | 0.14% | $6.26 Million | $4.42 Billion | -14.18pp |
| 2014-12-31 | 14.32% | $439.96 Million | $3.07 Billion | -4.07pp |
| 2013-12-31 | 18.39% | $451.15 Million | $2.45 Billion | -0.31pp |
| 2012-12-31 | 18.69% | $422.36 Million | $2.26 Billion | +9.21pp |
| 2011-12-31 | 9.48% | $178.27 Million | $1.88 Billion | +9.33pp |
| 2010-12-31 | 0.15% | $2.18 Million | $1.42 Billion | -17.12pp |
| 2009-12-31 | 17.27% | $179.39 Million | $1.04 Billion | +13.66pp |
| 2008-12-31 | 3.61% | $20.62 Million | $570.73 Million | +3.04pp |
| 2007-12-31 | 0.57% | $1.63 Million | $284.50 Million | -0.06pp |
| 2006-12-31 | 0.64% | $825.00K | $129.63 Million | +0.23pp |
| 2005-12-31 | 0.41% | $112.00K | $27.43 Million | -0.03pp |
| 2004-12-31 | 0.44% | $27.00K | $6.14 Million | -- |