Canadian Solar Inc (CSIQ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Canadian Solar Inc (CSIQ) has a cash flow conversion efficiency ratio of -0.026x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-112.06 Million) by net assets ($4.36 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see CSIQ market cap overview for the company's overall valuation and market capitalisation.
Canadian Solar Inc - Cash Flow Conversion Efficiency Trend (2003–2024)
This chart illustrates how Canadian Solar Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Canadian Solar Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Canadian Solar Inc ranked by their cash flow conversion efficiency. Explore how high is Canadian Solar Inc's earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Chengdu B-ray Media Co Ltd
SHG:600880
|
-0.001x |
|
SmartFinancial, Inc.
NYSE:SMBK
|
0.029x |
|
Ningxia Western Venture Industrial Co Ltd
SHE:000557
|
0.016x |
|
Guangdong Xinhui Meida Nylon Co Ltd
SHE:000782
|
0.116x |
|
Chenguang Biotech Group
SHE:300138
|
0.155x |
|
China Union Holdings Ltd
SHE:000036
|
-0.005x |
|
Apogee Enterprises Inc
NASDAQ:APOG
|
0.015x |
|
DBV Technologies
NASDAQ:DBVT
|
-0.518x |
Annual Cash Flow Conversion Efficiency for Canadian Solar Inc (2003–2024)
The table below shows the annual cash flow conversion efficiency of Canadian Solar Inc from 2003 to 2024. View latest Canadian Solar Inc stock price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $4.15 Billion | $-885.32 Million | -0.213x | -215.46% |
| 2023-12-31 | $3.71 Billion | $684.62 Million | 0.185x | -53.50% |
| 2022-12-31 | $2.31 Billion | $916.63 Million | 0.397x | +306.98% |
| 2021-12-31 | $2.13 Billion | $-408.25 Million | -0.192x | -201.47% |
| 2020-12-31 | $1.89 Billion | $-120.54 Million | -0.064x | -115.12% |
| 2019-12-31 | $1.43 Billion | $600.11 Million | 0.421x | +147.83% |
| 2018-12-31 | $1.27 Billion | $216.28 Million | 0.170x | -11.69% |
| 2017-12-31 | $1.06 Billion | $203.92 Million | 0.192x | +162.24% |
| 2016-12-31 | $899.39 Million | $-278.07 Million | -0.309x | -162.22% |
| 2015-12-31 | $832.51 Million | $413.66 Million | 0.497x | +36.74% |
| 2014-12-31 | $729.57 Million | $265.11 Million | 0.363x | -36.44% |
| 2013-12-31 | $401.50 Million | $229.55 Million | 0.572x | +216.69% |
| 2012-12-31 | $301.58 Million | $-147.76 Million | -0.490x | -480.53% |
| 2011-12-31 | $466.98 Million | $60.12 Million | 0.129x | +217.77% |
| 2010-12-31 | $534.99 Million | $-58.49 Million | -0.109x | -200.06% |
| 2009-12-31 | $466.00 Million | $50.92 Million | 0.109x | +1036.72% |
| 2008-12-31 | $332.16 Million | $3.19 Million | 0.010x | +101.51% |
| 2007-12-31 | $126.27 Million | $-80.22 Million | -0.635x | -55.01% |
| 2006-12-31 | $112.90 Million | $-46.28 Million | -0.410x | +38.86% |
| 2005-12-31 | $6.97 Million | $-4.67 Million | -0.670x | -551.63% |
| 2004-12-31 | $2.96 Million | $439.55K | 0.148x | -87.19% |
| 2003-12-31 | $1.51 Million | $1.75 Million | 1.159x | -- |
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