Canadian Solar Inc Asset Resilience Ratio

Latest as of March 2024: 0.16%

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

$19.32 Million
Cash + Short-term Investments

Total Assets

$12.37 Billion
All company assets

Resilience Assessment

Low
Financial Resilience Level

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 --
pp = percentage points

About Canadian Solar Inc

NASDAQ:CSIQ USA Solar
Market Cap
$630.21 Million
Market Cap Rank
#10756 Global
#2849 in USA
Share Price
$9.41
Change (1 day)
+1.62%
52-Week Range
$8.85 - $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