Canadian Solar Inc Asset Resilience Ratio
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. See Canadian Solar Inc (CSIQ) liquidity interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Canadian Solar Inc (2004–2023)
Asset resilience ratio of Canadian Solar Inc from 2004 to 2023. This chart shows how Canadian Solar Inc's Asset Resilience Ratio has changed over time. Read Canadian Solar Inc debt and liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see CSIQ total assets.
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 |
|---|---|---|
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865 |
Solar | 3.26% |
|
Solaer Israel Ltd
TA:SOLR |
Solar | 0.14% |
|
Websol Energy System Limited
NSE:WEBELSOLAR |
Solar | 11.82% |
|
Alfas Solar Enerji Sanayi ve Ticaret A.S.
IS:ALFAS |
Solar | 0.02% |
|
Global PVQ SE
HM:QCE |
Solar | 0.55% |
|
Mpower Group Ltd
AU:MPR |
Solar | 1.29% |
|
Clearvue Technologies Ltd
AU:CPV |
Solar | 1.11% |
|
SolTech Energy Sweden AB
ST:SOLT |
Solar | 0.19% |
Canadian Solar Inc Asset Resilience Ratio by Year (2004–2023)
Canadian Solar Inc asset resilience ratio by year from 2004 to 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 | -- |
About 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