First Solar Inc (FSLR) — Financial Flexibility Index
First Solar Inc (FSLR) has a Financial Flexibility Index of -0.03x as of March 2026. Free cash flow of $-96.34 Million (operating CF $-214.87 Million minus capex $118.53 Million) represents 0% of total liabilities ($3.47 Billion). Check First Solar Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
First Solar Inc Financial Flexibility Index (2001–2025)
Historical Financial Flexibility Index trend for First Solar Inc across 23 annual periods. See FSLR working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for First Solar Inc (2001–2025)
Year-by-year free cash flow to debt coverage for First Solar Inc. For the full company profile including market capitalisation, see FSLR stock market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.77x | $2.93 Billion | $2.06 Billion | $3.78 Billion | ▲ +16.9% |
| 2024 | 0.66x | $2.74 Billion | $1.22 Billion | $4.15 Billion | ▲ +22.4% |
| 2023 | 0.54x | $1.99 Billion | $602.26 Million | $3.68 Billion | ▼ -26.5% |
| 2022 | 0.74x | $1.78 Billion | $873.37 Million | $2.42 Billion | ▲ +37.5% |
| 2021 | 0.53x | $777.85 Million | $237.56 Million | $1.45 Billion | ▲ +87.2% |
| 2020 | 0.29x | $453.75 Million | $37.12 Million | $1.59 Billion | ▼ -18.0% |
| 2019 | 0.35x | $842.92 Million | $174.20 Million | $2.42 Billion | ▲ +61.1% |
| 2018 | 0.22x | $413.03 Million | $-326.81 Million | $1.91 Billion | ▼ -79.4% |
| 2017 | 1.05x | $1.86 Billion | $1.34 Billion | $1.77 Billion | ▲ +298.5% |
| 2016 | 0.26x | $436.20 Million | $206.75 Million | $1.65 Billion | ▲ +339.7% |
| 2015 | -0.11x | $-194.48 Million | $-360.92 Million | $1.77 Billion | ▼ -119.9% |
| 2014 | 0.55x | $938.54 Million | $680.99 Million | $1.70 Billion | ▲ +15.6% |
| 2013 | 0.48x | $1.14 Billion | $856.13 Million | $2.38 Billion | ▲ +15.0% |
| 2012 | 0.42x | $1.14 Billion | $762.21 Million | $2.74 Billion | ▲ +27.1% |
| 2011 | 0.33x | $698.35 Million | $-33.46 Million | $2.13 Billion | ▼ -76.6% |
| 2010 | 1.40x | $1.29 Billion | $705.49 Million | $925.46 Million | ▲ +2.0% |
| 2009 | 1.37x | $955.13 Million | $675.19 Million | $696.73 Million | ▼ -10.6% |
| 2008 | 1.53x | $922.34 Million | $463.07 Million | $601.46 Million | ▼ -6.3% |
| 2007 | 1.64x | $448.32 Million | $205.95 Million | $274.05 Million | ▲ +79.1% |
| 2006 | 0.91x | $152.57 Million | $-576.00K | $167.07 Million | ▲ +70.6% |
| 2005 | 0.54x | $47.52 Million | $5.04 Million | $88.75 Million | ▲ +237.4% |
| 2004 | -0.39x | $-7.45 Million | $-15.19 Million | $19.12 Million | ▲ +31.6% |
| 2001 | -0.57x | $-15.42 Million | $-15.42 Million | $27.05 Million | — |