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 -0.022x as of March 2026. 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 ($-214.87 Million) by net assets ($9.88 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is First Solar Inc's balance sheet to measure how much of total assets are equity-financed.
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. Check First Solar Inc (FSLR) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Zomato Limited
NSE:ZOMATO
|
0.012x |
|
First Citizens BancShares, Inc.
NASDAQ:FCNCA
|
0.048x |
|
Geely Automobile Holdings Limited
F:GRUA
|
0.058x |
|
JB Hunt Transport Services Inc
NASDAQ:JBHT
|
0.098x |
|
EnBW Energie Baden-Württemberg AG
XETRA:EBK
|
0.055x |
|
Amerize Inc.
SW:AMRZ
|
-0.068x |
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
F:L3XC
|
0.039x |
|
Darden Restaurants Inc
NYSE:DRI
|
0.293x |
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 market cap of First Solar Inc.
| 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