Canadian Solar Inc (CSIQ) — Cash Flow-to-Debt Ratio
Canadian Solar Inc (CSIQ) has a Cash Flow-to-Debt Ratio of -0.01x as of September 2025, meaning its operating cash flow of $-112.06 Million could theoretically repay 0% of its total liabilities ($10.80 Billion) in one year. See Canadian Solar Inc financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Canadian Solar Inc Cash Flow-to-Debt Ratio (2003–2024)
Historical debt coverage capacity for Canadian Solar Inc across 22 annual periods. For the full cash flow conversion analysis, see Canadian Solar Inc cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for Canadian Solar Inc (2003–2024)
Year-by-year debt coverage analysis for Canadian Solar Inc. Check CSIQ cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | -0.09x | $-885.32 Million | $9.36 Billion | ▼ -213.1% |
| 2023 | 0.08x | $684.62 Million | $8.19 Billion | ▼ -38.6% |
| 2022 | 0.14x | $916.63 Million | $6.73 Billion | ▲ +275.5% |
| 2021 | -0.08x | $-408.25 Million | $5.26 Billion | ▼ -198.9% |
| 2020 | -0.03x | $-120.54 Million | $4.64 Billion | ▼ -117.5% |
| 2019 | 0.15x | $600.11 Million | $4.04 Billion | ▲ +148.5% |
| 2018 | 0.06x | $216.28 Million | $3.62 Billion | ▲ +41.5% |
| 2017 | 0.04x | $203.92 Million | $4.83 Billion | ▲ +168.4% |
| 2016 | -0.06x | $-278.07 Million | $4.51 Billion | ▼ -153.5% |
| 2015 | 0.12x | $413.66 Million | $3.58 Billion | ▲ +2.0% |
| 2014 | 0.11x | $265.11 Million | $2.34 Billion | ▲ +1.2% |
| 2013 | 0.11x | $229.55 Million | $2.05 Billion | ▲ +248.2% |
| 2012 | -0.08x | $-147.76 Million | $1.96 Billion | ▼ -277.4% |
| 2011 | 0.04x | $60.12 Million | $1.41 Billion | ▲ +164.6% |
| 2010 | -0.07x | $-58.49 Million | $888.38 Million | ▼ -174.1% |
| 2009 | 0.09x | $50.92 Million | $572.70 Million | ▲ +564.3% |
| 2008 | 0.01x | $3.19 Million | $238.57 Million | ▲ +102.6% |
| 2007 | -0.51x | $-80.22 Million | $158.24 Million | ▲ +81.7% |
| 2006 | -2.77x | $-46.28 Million | $16.73 Million | ▼ -1111.9% |
| 2005 | -0.23x | $-4.67 Million | $20.46 Million | ▼ -265.3% |
| 2004 | 0.14x | $439.55K | $3.18 Million | ▼ -87.9% |
| 2003 | 1.14x | $1.75 Million | $1.54 Million | — |