Canadian Solar Inc (CSIQ) — Capital Reinvestment Ratio
Canadian Solar Inc (CSIQ) has a Capital Reinvestment Ratio of 2.08x as of June 2025, meaning it reinvests 2% of its operating cash flow ($188.56 Million) in capital expenditures ($392.42 Million). Check Canadian Solar Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Canadian Solar Inc Capital Reinvestment Ratio (2003–2023)
This chart tracks Canadian Solar Inc's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Canadian Solar Inc.
Annual Capital Reinvestment Ratio for Canadian Solar Inc (2003–2023)
Year-by-year Capital Reinvestment Ratio for Canadian Solar Inc from 2003 to 2023. See Canadian Solar Inc (CSIQ) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2023 | 2.23x | $684.62 Million | $1.53 Billion | ▲ +225.2% |
| 2022 | 0.69x | $916.63 Million | $628.00 Million | ▲ +41.2% |
| 2019 | 0.49x | $600.11 Million | $291.18 Million | ▼ -66.8% |
| 2018 | 1.46x | $216.28 Million | $316.28 Million | ▼ -4.0% |
| 2017 | 1.52x | $203.92 Million | $310.68 Million | ▼ -2.0% |
| 2015 | 1.55x | $413.66 Million | $642.77 Million | ▲ +532.4% |
| 2014 | 0.25x | $265.11 Million | $65.14 Million | ▲ +143.8% |
| 2013 | 0.10x | $229.55 Million | $23.13 Million | ▼ -97.1% |
| 2011 | 3.42x | $60.12 Million | $205.42 Million | ▲ +140.9% |
| 2009 | 1.42x | $50.92 Million | $72.21 Million | ▼ -95.7% |
| 2008 | 32.83x | $3.19 Million | $104.82 Million | ▲ +5590.9% |
| 2004 | 0.58x | $439.55K | $253.57K | ▲ +1104.8% |
| 2003 | 0.05x | $1.75 Million | $83.91K | — |