First Solar Inc (FSLR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, First Solar Inc (FSLR) has a cash flow conversion efficiency ratio of 0.130x as of December 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 ($1.24 Billion) by net assets ($9.54 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
First Solar Inc - Cash Flow Conversion Efficiency Trend (2001–2025)
This chart illustrates how First Solar Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read First Solar Inc total liabilities for a breakdown of total debt and financial obligations.
First Solar Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of First Solar Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
VOLKSWAGEN AG VZ ADR1/10
F:VOWB
|
N/A |
|
AMADEUS IT GRP ADR EO-001
F:AI3B
|
0.120x |
|
STERIS plc
NYSE:STE
|
0.042x |
|
Nanya Technology Corp
TW:2408
|
-0.006x |
|
Jiangxi Ganfeng Lithium Co Ltd
SHE:002460
|
-0.016x |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
0.054x |
|
Volkswagen AG VZO O.N.
XETRA:VOW3
|
0.037x |
|
Fubon Financial Holding Co Ltd Pref
TW:2881A
|
-0.029x |
Annual Cash Flow Conversion Efficiency for First Solar Inc (2001–2025)
The table below shows the annual cash flow conversion efficiency of First Solar Inc from 2001 to 2025. For the full company profile with market capitalisation and key ratios, see First Solar Inc (FSLR) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $9.54 Billion | $2.06 Billion | 0.216x | +41.26% |
| 2024-12-31 | $7.98 Billion | $1.22 Billion | 0.153x | +69.53% |
| 2023-12-31 | $6.69 Billion | $602.26 Million | 0.090x | -39.82% |
| 2022-12-31 | $5.84 Billion | $873.37 Million | 0.150x | +275.42% |
| 2021-12-31 | $5.96 Billion | $237.56 Million | 0.040x | +492.87% |
| 2020-12-31 | $5.52 Billion | $37.12 Million | 0.007x | -80.33% |
| 2019-12-31 | $5.10 Billion | $174.20 Million | 0.034x | +154.51% |
| 2018-12-31 | $5.21 Billion | $-326.81 Million | -0.063x | -123.84% |
| 2017-12-31 | $5.10 Billion | $1.34 Billion | 0.263x | +562.94% |
| 2016-12-31 | $5.21 Billion | $206.75 Million | 0.040x | +160.98% |
| 2015-12-31 | $5.55 Billion | $-360.92 Million | -0.065x | -148.02% |
| 2014-12-31 | $5.03 Billion | $680.99 Million | 0.135x | -28.75% |
| 2013-12-31 | $4.50 Billion | $856.13 Million | 0.190x | -10.07% |
| 2012-12-31 | $3.61 Billion | $762.21 Million | 0.211x | +2401.99% |
| 2011-12-31 | $3.64 Billion | $-33.46 Million | -0.009x | -104.50% |
| 2010-12-31 | $3.45 Billion | $705.49 Million | 0.204x | -19.77% |
| 2009-12-31 | $2.65 Billion | $675.19 Million | 0.255x | -16.84% |
| 2008-12-31 | $1.51 Billion | $463.07 Million | 0.306x | +63.06% |
| 2007-12-31 | $1.10 Billion | $205.95 Million | 0.188x | +13507.12% |
| 2006-12-31 | $411.44 Million | $-576.00K | -0.001x | -100.36% |
| 2005-12-31 | $13.13 Million | $5.04 Million | 0.384x | +157.24% |
| 2004-12-31 | $22.64 Million | $-15.19 Million | -0.671x | -175.74% |
| 2001-12-31 | $-17.41 Million | $-15.42 Million | 0.885x | -- |
About First Solar Inc
First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that co… Read more