First Solar Inc Financial Flexibility Index
First Solar Inc 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). See First Solar Inc (FSLR) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of First Solar Inc (2001–2025)
Financial flexibility index of First Solar Inc from 2001 to 2025. Historical Financial Flexibility Index trend for First Solar Inc across 23 annual periods. Check earnings quality score of First Solar Inc to evaluate the quality of earnings relative to operating cash generation.
First Solar Inc Financial Flexibility Index by Year (2001–2025)
First Solar Inc financial flexibility index by year from 2001 to 2025. Year-by-year free cash flow to debt coverage for First Solar Inc. For the full cash flow conversion analysis, see First Solar Inc (FSLR) cash flow conversion.
| 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 | — |