First Solar Inc (FSLR) — Net Asset Quality Index
First Solar Inc (FSLR) has a Net Asset Quality Index of 74.0% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $13.35 Billion minus total liabilities of $3.47 Billion yields net assets of $9.88 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read FSLR total debt and obligations for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
First Solar Inc Net Asset Quality Index Over Time (2001–2025)
This chart shows how First Solar Inc's Net Asset Quality Index has evolved across 24 annual periods from 2001 to 2025. As of March 2026, the index stands at 74.0%, representing net assets of $9.88 Billion against total assets of $13.35 Billion USD. For live market cap and overall valuation, see market value of First Solar Inc.
Annual Net Asset Quality Index for First Solar Inc (2001–2025)
The table below presents the year-by-year Net Asset Quality Index for First Solar Inc from 2001 to 2025, covering 24 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check asset allocation strategy of First Solar Inc to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 71.6% | $9.54 Billion | $13.32 Billion | $3.78 Billion | ▲ +5.8 pp |
| 2024 | 65.8% | $7.98 Billion | $12.12 Billion | $4.15 Billion | ▲ +1.3 pp |
| 2023 | 64.5% | $6.69 Billion | $10.37 Billion | $3.68 Billion | ▼ -6.2 pp |
| 2022 | 70.7% | $5.84 Billion | $8.25 Billion | $2.42 Billion | ▼ -9.7 pp |
| 2021 | 80.4% | $5.96 Billion | $7.41 Billion | $1.45 Billion | ▲ +2.7 pp |
| 2020 | 77.7% | $5.52 Billion | $7.11 Billion | $1.59 Billion | ▲ +9.8 pp |
| 2019 | 67.8% | $5.10 Billion | $7.52 Billion | $2.42 Billion | ▼ -5.4 pp |
| 2018 | 73.2% | $5.21 Billion | $7.12 Billion | $1.91 Billion | ▼ -1.1 pp |
| 2017 | 74.3% | $5.10 Billion | $6.86 Billion | $1.77 Billion | ▼ -1.6 pp |
| 2016 | 75.9% | $5.21 Billion | $6.87 Billion | $1.65 Billion | ▲ +0.1 pp |
| 2015 | 75.8% | $5.55 Billion | $7.32 Billion | $1.77 Billion | ▲ +1.1 pp |
| 2014 | 74.8% | $5.03 Billion | $6.72 Billion | $1.70 Billion | ▲ +9.3 pp |
| 2013 | 65.4% | $4.50 Billion | $6.88 Billion | $2.38 Billion | ▲ +8.6 pp |
| 2012 | 56.8% | $3.61 Billion | $6.35 Billion | $2.74 Billion | ▼ -6.3 pp |
| 2011 | 63.1% | $3.64 Billion | $5.78 Billion | $2.13 Billion | ▼ -15.8 pp |
| 2010 | 78.9% | $3.45 Billion | $4.38 Billion | $925.46 Million | ▼ -0.3 pp |
| 2009 | 79.2% | $2.65 Billion | $3.35 Billion | $696.73 Million | ▲ +7.6 pp |
| 2008 | 71.6% | $1.51 Billion | $2.11 Billion | $601.46 Million | ▼ -8.5 pp |
| 2007 | 80.0% | $1.10 Billion | $1.37 Billion | $274.05 Million | ▲ +8.9 pp |
| 2006 | 71.1% | $411.44 Million | $578.51 Million | $167.07 Million | ▲ +58.2 pp |
| 2005 | 12.9% | $13.13 Million | $101.88 Million | $88.75 Million | ▼ -41.3 pp |
| 2004 | 54.2% | $22.64 Million | $41.77 Million | $19.12 Million | ▲ +357.7 pp |
| 2002 | -303.5% | $-43.63 Million | $14.38 Million | $58.01 Million | ▼ -122.7 pp |
| 2001 | -180.8% | $-17.41 Million | $9.63 Million | $27.05 Million | — |