Canadian Solar Inc Cash Flow Conversion Efficiency
Canadian Solar Inc 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.
Cash Flow Conversion Efficiency of Canadian Solar Inc (2003–2024)
Cash flow conversion efficiency of Canadian Solar Inc from 2003 to 2024. This chart illustrates how Canadian Solar Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View CSIQ stock price and chart for real-time trading data and today's change.
Canadian Solar Inc Cash Flow Conversion Ratio Explained
Canadian Solar Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Canadian Solar Inc (CSIQ) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zhejiang Yasha Decoration Co Ltd
SHE:002375
|
-0.009x |
|
Anhui Tongfeng Electronics Co Ltd
SHG:600237
|
0.024x |
|
Newgen Software Technologies Limited
NSE:NEWGEN
|
0.050x |
|
Hemnet Group AB
ST:HEM
|
0.154x |
|
Momentum Group AB (publ)
ST:MMGR-B
|
0.046x |
|
Fox Factory Holding Corp
NASDAQ:FOXF
|
0.005x |
|
Midland States Bancorp, Inc.
NASDAQ:MSBI
|
0.052x |
|
Udemy Inc
NASDAQ:UDMY
|
0.074x |
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. Review Canadian Solar Inc (CSIQ) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| 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