Canadian Solar Inc Working Capital to Net Assets Ratio
Canadian Solar Inc working capital to net assets ratio. Canadian Solar Inc (CSIQ) has a Working Capital to Net Assets ratio of 9.6% as of September 2025. Working capital of $417.29 Million (current assets of $6.39 Billion minus current liabilities of $5.97 Billion) is measured against net assets of $4.36 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Canadian Solar Inc (2003–2024)
Working capital to net assets ratio of Canadian Solar Inc from 2003 to 2024. This chart shows how Canadian Solar Inc's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 9.6%, reflecting working capital of $417.29 Million against net assets of $4.36 Billion USD. Explore Canadian Solar Inc strategic investment ratio to see how much of total assets are deployed in long-term investments.
Canadian Solar Inc Working Capital to Net Assets Ratio by Year (2003–2024)
Canadian Solar Inc working capital to net assets ratio by year from 2003 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Canadian Solar Inc from 2003 to 2024, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see CSIQ asset base.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -3.4% | $-142.63 Million | $4.15 Billion | $5.52 Billion | $5.67 Billion | ▼ -9.7 pp |
| 2023 | 6.2% | $231.06 Million | $3.71 Billion | $6.10 Billion | $5.86 Billion | ▼ -10.5 pp |
| 2022 | 16.7% | $385.89 Million | $2.31 Billion | $5.64 Billion | $5.26 Billion | ▼ -17.8 pp |
| 2021 | 34.5% | $733.68 Million | $2.13 Billion | $4.77 Billion | $4.04 Billion | ▲ +42.4 pp |
| 2020 | -7.9% | $-150.30 Million | $1.89 Billion | $3.44 Billion | $3.59 Billion | ▲ +23.2 pp |
| 2019 | -31.1% | $-443.14 Million | $1.43 Billion | $2.65 Billion | $3.09 Billion | ▼ -41.0 pp |
| 2018 | 9.9% | $125.96 Million | $1.27 Billion | $3.07 Billion | $2.95 Billion | ▲ +12.0 pp |
| 2017 | -2.1% | $-22.71 Million | $1.06 Billion | $4.09 Billion | $4.11 Billion | ▼ -9.9 pp |
| 2016 | 7.7% | $69.70 Million | $899.39 Million | $3.79 Billion | $3.72 Billion | ▲ +54.9 pp |
| 2015 | -47.1% | $-392.23 Million | $832.51 Million | $2.26 Billion | $2.66 Billion | ▼ -97.4 pp |
| 2014 | 50.3% | $366.62 Million | $729.57 Million | $2.32 Billion | $1.95 Billion | ▲ +64.9 pp |
| 2013 | -14.7% | $-59.00 Million | $401.50 Million | $1.72 Billion | $1.78 Billion | ▲ +17.8 pp |
| 2012 | -32.5% | $-98.05 Million | $301.58 Million | $1.44 Billion | $1.54 Billion | ▼ -45.2 pp |
| 2011 | 12.7% | $59.13 Million | $466.98 Million | $1.30 Billion | $1.24 Billion | ▼ -41.4 pp |
| 2010 | 54.1% | $289.33 Million | $534.99 Million | $1.03 Billion | $745.33 Million | ▲ +2.8 pp |
| 2009 | 51.3% | $239.05 Million | $466.00 Million | $753.99 Million | $514.94 Million | ▲ +1.2 pp |
| 2008 | 50.1% | $166.36 Million | $332.16 Million | $339.02 Million | $172.66 Million | ▼ -77.2 pp |
| 2007 | 127.3% | $160.69 Million | $126.27 Million | $219.90 Million | $59.21 Million | ▲ +37.7 pp |
| 2006 | 89.5% | $101.09 Million | $112.90 Million | $116.94 Million | $15.86 Million | ▼ -69.3 pp |
| 2005 | 158.8% | $11.07 Million | $6.97 Million | $26.43 Million | $15.37 Million | ▲ +60.7 pp |
| 2004 | 98.1% | $2.90 Million | $2.96 Million | $5.66 Million | $2.76 Million | ▼ -7.3 pp |
| 2003 | 105.4% | $1.59 Million | $1.51 Million | $2.79 Million | $1.20 Million | — |