Canadian Solar Inc Cash Flow Quality Index

Latest as of June 2025: 4.21x

Canadian Solar Inc cash flow quality index. 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) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

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

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

Cash flow quality index of Canadian Solar Inc from 2003 to 2023. Historical Cash Flow Quality Index for Canadian Solar Inc across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. See CSIQ net asset quality score to measure how much of total assets are equity-financed.

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

Canadian Solar Inc cash flow quality index by year from 2003 to 2023. Year-by-year earnings quality comparison for Canadian Solar Inc. For the full cash flow conversion analysis, see CSIQ cash flow conversion.

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.