Canadian Solar Inc (CSIQ) — Cash Flow Quality Index

Latest as of June 2025: 4.21x

Canadian Solar Inc (CSIQ) has a Cash Flow Quality Index of 4.21x as of June 2025. Operating cash flow of $188.56 Million exceeds net income of $44.77 Million, indicating high earnings quality where cash backs reported profits. Explore Canadian Solar Inc (CSIQ) investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

4.21x
Operating CF / Net Income

Operating Cash Flow

$188.56 Million
USD

Net Income

$44.77 Million
USD

Data as of

Jun 2025
Most recent filing

Canadian Solar Inc Cash Flow Quality Index (2003–2023)

Historical Cash Flow Quality Index for Canadian Solar Inc across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Canadian Solar Inc (CSIQ) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Canadian Solar Inc (2003–2023)

Year-by-year earnings quality comparison for Canadian Solar Inc. For live market cap and the full company financial profile, see CSIQ stock market capitalisation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2023 1.88x $684.62 Million $363.63 Million ▼ -38.7%
2022 3.07x $916.63 Million $298.56 Million ▲ +182.6%
2021 -3.72x $-408.25 Million $109.88 Million ▼ -353.9%
2020 -0.82x $-120.54 Million $147.25 Million ▼ -122.7%
2019 3.60x $600.11 Million $166.56 Million ▲ +303.9%
2018 0.89x $216.28 Million $242.43 Million ▼ -54.9%
2017 1.98x $203.92 Million $102.98 Million ▲ +146.5%
2016 -4.26x $-278.07 Million $65.28 Million ▼ -278.5%
2015 2.39x $413.66 Million $173.32 Million ▲ +119.6%
2014 1.09x $265.11 Million $243.89 Million ▼ -78.4%
2013 5.04x $229.55 Million $45.56 Million ▲ +537.8%
2010 -1.15x $-58.49 Million $50.83 Million ▼ -151.2%
2009 2.25x $50.92 Million $22.65 Million ▲ +283.1%
2005 -1.23x $-4.67 Million $3.80 Million ▼ -506.9%
2004 0.30x $439.55K $1.46 Million ▼ -86.9%
2003 2.30x $1.75 Million $761.25K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.