First Solar Inc Tangible Net Worth Ratio
First Solar Inc tangible net worth ratio. First Solar Inc (FSLR) has a Tangible Net Worth Ratio of 99.3% as of March 2026. This metric is calculated by deducting intangible assets ($64.88 Million) from net assets ($9.88 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check FSLR PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of First Solar Inc (2004–2025)
Tangible net worth ratio of First Solar Inc from 2004 to 2025. This chart shows how First Solar Inc's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 99.3%, reflecting net assets of $9.88 Billion with intangible assets of $64.88 Million USD. See First Solar Inc (FSLR) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
First Solar Inc Tangible Net Worth Ratio by Year (2004–2025)
First Solar Inc tangible net worth ratio by year from 2004 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for First Solar Inc from 2004 to 2025, covering 22 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see First Solar Inc market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.5% | $9.54 Billion | $51.01 Million | $13.32 Billion | ▲ +0.2 pp |
| 2024 | 99.3% | $7.98 Billion | $54.65 Million | $12.12 Billion | ▲ +0.3 pp |
| 2023 | 99.0% | $6.69 Billion | $64.51 Million | $10.37 Billion | ▼ -0.4 pp |
| 2022 | 99.5% | $5.84 Billion | $31.11 Million | $8.25 Billion | ▲ +0.2 pp |
| 2021 | 99.2% | $5.96 Billion | $45.51 Million | $7.41 Billion | ▲ +0.3 pp |
| 2020 | 99.0% | $5.52 Billion | $56.14 Million | $7.11 Billion | ▲ +0.2 pp |
| 2019 | 98.7% | $5.10 Billion | $64.54 Million | $7.52 Billion | ▲ +0.2 pp |
| 2018 | 98.6% | $5.21 Billion | $74.16 Million | $7.12 Billion | ▲ +0.2 pp |
| 2017 | 98.4% | $5.10 Billion | $80.23 Million | $6.86 Billion | ▲ +0.1 pp |
| 2016 | 98.3% | $5.21 Billion | $87.97 Million | $6.87 Billion | ▲ +0.3 pp |
| 2015 | 98.0% | $5.55 Billion | $110.00 Million | $7.32 Billion | ▲ +0.4 pp |
| 2014 | 97.6% | $5.03 Billion | $119.24 Million | $6.72 Billion | ▲ +0.2 pp |
| 2013 | 97.4% | $4.50 Billion | $117.42 Million | $6.88 Billion | ▼ -2.5 pp |
| 2012 | 99.9% | $3.61 Billion | $3.73 Million | $6.35 Billion | ▲ +1.8 pp |
| 2011 | 98.1% | $3.64 Billion | $68.30 Million | $5.78 Billion | ▲ +10.7 pp |
| 2010 | 87.4% | $3.45 Billion | $433.66 Million | $4.38 Billion | ▼ -12.5 pp |
| 2009 | 100.0% | $2.65 Billion | $200.00K | $3.35 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | $1.51 Billion | $300.00K | $2.11 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | $1.10 Billion | $300.00K | $1.37 Billion | ▲ +0.0 pp |
| 2006 | 99.9% | $411.44 Million | $248.00K | $578.51 Million | ▲ +2.0 pp |
| 2005 | 98.0% | $13.13 Million | $269.00K | $101.88 Million | ▼ -2.0 pp |
| 2004 | 100.0% | $22.64 Million | $0.00 | $41.77 Million | — |