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. See how liquid is Canadian Solar Inc's working capital to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see Canadian Solar Inc (CSIQ) total assets.

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. Explore CSIQ long-term investments to assets to see how much of total assets are deployed in long-term investments.

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
XINYI SOLAR UNSP.ADR/20 F:13X0	Solar	0.38%
Changzhou Almaden Co Ltd SHE:002623	Solar	19.72%
Websol Energy System Limited NSE:WEBELSOLAR	Solar	11.82%
ANJI Technology Co. Ltd TW:6477	Solar	0.08%
Urja Global Limited NSE:URJA	Solar	9.26%
SUNation Energy Inc. NASDAQ:SUNE	Solar	0.00%
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

$786.92 Million

Market Cap Rank

#10028 Global

#2715 in USA

Share Price

$11.75

Change (1 day)

+3.62%

52-Week Range

$11.34 - $33.58

All Time High

$64.15