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.
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. Read Canadian Solar Inc debt and liabilities for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xinjiang Baodi Mining Co. Ltd. A
SHG:601121
|
N/A |
|
Center International Group Co Ltd
SHG:603098
|
-0.011x |
|
VIEL & Cie société anonyme
PA:VIL
|
0.111x |
|
SILEX Systems Ltd
AU:SLX
|
0.027x |
|
First Hi-tec Enterprise Co Ltd
TWO:5439
|
0.065x |
|
Siam Global House Public Company Limited
BK:GLOBAL
|
0.245x |
|
Titagarh Rail Systems Limited
NSE:TITAGARH
|
N/A |
|
Beijing Creative Distribution Automation Co Ltd
SHE:002350
|
0.037x |
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. For the full company profile with market capitalisation and key ratios, see Canadian Solar Inc (CSIQ) total market value.
| 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