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. Check Canadian Solar Inc (CSIQ) strategic asset index to assess the company's strategic physical and investment asset allocation.

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 quality index to measure how much of total assets are equity-financed.

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
Hainan Drinda Automotive Trim Co Ltd SHE:002865	Solar	4.05%
TSEC Corp TW:6443	Solar	0.13%
XINTE ENERGY CO. CL.H YC1 F:9M7	Solar	0.96%
Ennogie Solar Group A/S CO:ESG	Solar	44.11%
Aurora Solar Technologies Inc V:ACU	Solar	4.24%
Clearvue Technologies Ltd AU:CPV	Solar	1.11%
Mpower Group Ltd AU:MPR	Solar	1.29%
Tongwei Co Ltd SHG:600438	Solar	4.70%

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

$1.07 Billion

Market Cap Rank

#8784 Global

#2442 in USA

Share Price

$16.00

Change (1 day)

-4.13%

52-Week Range

$9.51 - $33.58

All Time High

$64.15