Canadian Solar Inc (CSIQ) — Defensive Interval Ratio
Canadian Solar Inc (CSIQ) has a Defensive Interval Ratio of 80 days as of September 2025. Defensive assets of $1.31 Billion (cash $-, short-term investments $-, receivables $1.31 Billion) cover 80 days of daily cash needs of $16.35 Million/day. Check Canadian Solar Inc (CSIQ) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Canadian Solar Inc Defensive Interval Ratio (2003–2024)
This chart shows how Canadian Solar Inc's Defensive Interval Ratio has evolved across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 80 days, meaning defensive assets of $1.31 Billion can fund 80 days of operations without new revenue. Also explore CSIQ year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Canadian Solar Inc (2003–2024)
The table below presents the year-by-year Defensive Interval Ratio for Canadian Solar Inc from 2003 to 2024, covering 22 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see CSIQ stock market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 96 days | $1.49 Billion | $15.52 Million/day | $- | $- | ▲ +19 days |
| 2023 | 76 days | $1.23 Billion | $16.07 Million/day | $- | $19.32 Million | ▼ -11 days |
| 2022 | 87 days | $1.25 Billion | $14.41 Million/day | $- | $18.34 Million | ▲ +5 days |
| 2021 | 82 days | $907.74 Million | $11.06 Million/day | $- | $20.20 Million | ▲ +25 days |
| 2020 | 57 days | $560.77 Million | $9.83 Million/day | $- | $15.06 Million | ▼ -13 days |
| 2019 | 70 days | $592.22 Million | $8.47 Million/day | $- | $- | ▼ -7 days |
| 2018 | 77 days | $622.83 Million | $8.08 Million/day | $- | $594.00K | ▲ +33 days |
| 2017 | 44 days | $496.15 Million | $11.25 Million/day | $- | $16.20 Million | ▼ -4 days |
| 2016 | 48 days | $490.71 Million | $10.19 Million/day | $- | $12.27 Million | ▼ -33 days |
| 2015 | 81 days | $590.46 Million | $7.28 Million/day | $- | $6.26 Million | ▼ -80 days |
| 2014 | 161 days | $858.51 Million | $5.34 Million/day | $- | $439.96 Million | ▲ +4 days |
| 2013 | 157 days | $766.19 Million | $4.87 Million/day | $- | $451.15 Million | ▼ -7 days |
| 2012 | 164 days | $692.47 Million | $4.22 Million/day | $- | $422.36 Million | ▼ -1 days |
| 2011 | 165 days | $558.63 Million | $3.39 Million/day | $- | $178.27 Million | ▲ +59 days |
| 2010 | 106 days | $215.49 Million | $2.04 Million/day | $- | $2.18 Million | ▼ -157 days |
| 2009 | 263 days | $370.44 Million | $1.41 Million/day | $- | $179.39 Million | ▲ +73 days |
| 2008 | 190 days | $89.73 Million | $473.05K/day | $- | $20.62 Million | ▼ -257 days |
| 2007 | 447 days | $72.51 Million | $162.23K/day | $- | $1.63 Million | ▼ -24 days |
| 2006 | 471 days | $20.45 Million | $43.44K/day | $- | $825.00K | ▲ +400 days |
| 2005 | 71 days | $2.99 Million | $42.10K/day | $- | $112.00K | ▼ -20 days |
| 2004 | 91 days | $684.28K | $7.55K/day | $- | $27.00K | ▲ +12 days |
| 2003 | 78 days | $257.11K | $3.29K/day | $- | $- | — |