First Solar Inc (FSLR) — Defensive Interval Ratio
First Solar Inc (FSLR) has a Defensive Interval Ratio of 238 days as of March 2026. Defensive assets of $1.44 Billion (cash $-, short-term investments $63.58 Million, receivables $1.37 Billion) cover 238 days of daily cash needs of $6.05 Million/day. Check how tangible is First Solar Inc's equity to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
First Solar Inc Defensive Interval Ratio (2004–2025)
This chart shows how First Solar Inc's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 238 days, meaning defensive assets of $1.44 Billion can fund 238 days of operations without new revenue. Also explore FSLR year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for First Solar Inc (2004–2025)
The table below presents the year-by-year Defensive Interval Ratio for First Solar Inc from 2004 to 2025, 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 First Solar Inc stock valuation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 218 days | $1.35 Billion | $6.18 Million/day | $- | $51.85 Million | ▼ -130 days |
| 2024 | 348 days | $1.98 Billion | $5.69 Million/day | $- | $171.58 Million | ▼ -89 days |
| 2023 | 437 days | $1.56 Billion | $3.58 Million/day | $- | $155.50 Million | ▼ -65 days |
| 2022 | 502 days | $1.43 Billion | $2.84 Million/day | $- | $1.10 Billion | ▲ +85 days |
| 2021 | 417 days | $830.10 Million | $1.99 Million/day | $- | $375.39 Million | ▲ +66 days |
| 2020 | 351 days | $814.35 Million | $2.32 Million/day | $- | $520.07 Million | ▼ -71 days |
| 2019 | 422 days | $1.52 Billion | $3.61 Million/day | $- | $811.51 Million | ▼ -336 days |
| 2018 | 758 days | $1.76 Billion | $2.32 Million/day | $- | $1.14 Billion | ▲ +119 days |
| 2017 | 640 days | $1.14 Billion | $1.78 Million/day | $- | $720.38 Million | ▲ +186 days |
| 2016 | 454 days | $1.12 Billion | $2.46 Million/day | $- | $607.99 Million | ▼ -27 days |
| 2015 | 480 days | $1.26 Billion | $2.63 Million/day | $- | $703.45 Million | ▲ +213 days |
| 2014 | 268 days | $733.92 Million | $2.74 Million/day | $- | $509.03 Million | ▲ +15 days |
| 2013 | 252 days | $1.10 Billion | $4.35 Million/day | $- | $439.10 Million | ▼ -104 days |
| 2012 | 356 days | $1.07 Billion | $3.02 Million/day | $- | $102.58 Million | ▲ +15 days |
| 2011 | 341 days | $910.11 Million | $2.67 Million/day | $- | $66.15 Million | ▼ -28 days |
| 2010 | 369 days | $474.91 Million | $1.29 Million/day | $- | $167.89 Million | ▲ +2 days |
| 2009 | 367 days | $397.59 Million | $1.08 Million/day | $- | $120.24 Million | ▲ +225 days |
| 2008 | 143 days | $149.29 Million | $1.05 Million/day | $- | $76.04 Million | ▼ -418 days |
| 2007 | 561 days | $286.73 Million | $510.90K/day | $- | $232.69 Million | ▲ +170 days |
| 2006 | 391 days | $55.80 Million | $142.67K/day | $- | $323.00K | ▲ +376 days |
| 2005 | 15 days | $1.41 Million | $92.91K/day | $- | $312.00K | ▼ -305 days |
| 2004 | 320 days | $4.70 Million | $14.67K/day | $- | $306.00K | — |