Canadian Solar Inc - Asset Resilience Ratio

Latest as of March 2024: 0.16%

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. Read Canadian Solar Inc (CSIQ) total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

$19.32 Million
Cash + Short-term Investments

Total Assets

$12.37 Billion
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2004–2023)

This chart shows how Canadian Solar Inc's Asset Resilience Ratio has changed over time. See CSIQ net asset value for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see market cap of Canadian Solar Inc.

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
JA Solar Technology Co Ltd
SHE:002459
Solar 1.13%
Premier Energies Limited
NSE:PREMIERENE
Solar 9.09%
Hyundai Energy Solutions Co Ltd
KO:322000
Solar 16.01%
Lingda Group Co Ltd
SHE:300125
Solar 0.05%
Alfas Solar Enerji Sanayi ve Ticaret A.S.
IS:ALFAS
Solar 0.02%
7C Solarparken AG
XETRA:HRPK
Solar 14.88%
Profithol S.A.
MC:SPH
Solar 0.53%
Clearvue Technologies Ltd
AU:CPV
Solar 1.11%

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 --
pp = percentage points

About Canadian Solar Inc

NASDAQ:CSIQ USA Solar
Market Cap
$1.12 Billion
Market Cap Rank
#8622 Global
#2335 in USA
Share Price
$16.73
Change (1 day)
+9.42%
52-Week Range
$8.96 - $33.58
All Time High
$64.15
About

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