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 First Solar Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
XPO Logistics Inc
NYSE:XPO
|
0.099x |
|
ABN AMRO BK.UNSP.ADR/1
F:AB2A
|
N/A |
|
BK MANDIRI (PE).ADR/20 ON
F:PQ90
|
0.295x |
|
Ningxia Baofeng Energy Group Co Ltd
SHG:600989
|
0.063x |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
-0.009x |
|
Swiss Life Holding AG
SW:SLHN
|
0.155x |
|
Amerize Inc.
SW:AMRZ
|
-0.068x |
|
Hana Financial
KO:086790
|
-0.035x |
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