← Canadian Solar Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $511.0m | $561.7m | $444.3m | $668.8m | $1.2b | $869.8m | $981.4m | $1.9b | $1.7b | $1.4b | |
| Prepaid Expense and Other Assets, Current | $266.8m | $296.1m | $289.5m | $253.5m | $353.8m | $434.2m | $267.9m | $283.6m | $436.6m | $822.5m | |
| Inventory, Net | $295.4m | $346.1m | $262.0m | $554.1m | $696.0m | $1.2b | $1.5b | $1.2b | $1.2b | $1.1b | |
| Assets, Current | $3.8b | $4.1b | $3.1b | $3.3b | $4.2b | $4.8b | $5.6b | $6.1b | $5.9b | $6.0b | |
| Property, Plant and Equipment, Net | $462.3m | $747.2m | $885.0m | $1.0b | $1.2b | $1.4b | $1.8b | $3.1b | $3.2b | $3.4b | |
| Goodwill | $7.6m | $6.2m | $1.0m | — | — | — | — | — | — | — | |
| Operating Lease, Right-of-Use Asset | — | — | — | $37.7m | $26.8m | $35.3m | $103.6m | $237.0m | $378.5m | $441.3m | |
| Other Assets, Noncurrent | $117.2m | $143.1m | $129.6m | $153.3m | $185.0m | $174.5m | $187.5m | $254.1m | $232.5m | $663.1m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $400.3m | $358.1m | $498.2m | $436.8m | $409.0m | $651.4m | $971.0m | $904.9m | $1.1b | $830.0m | |
| Assets | $5.4b | $5.9b | $4.9b | $5.5b | $6.5b | $7.4b | $9.0b | $11.9b | $13.5b | $15.2b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $18.8m | $15.2m | $12.2m | $9.8m | $20.2m | $21.3m | $26.8m | |
| Accounts Payable, Current | $440.1m | $403.0m | $379.5m | $585.6m | $514.7m | $503.0m | $805.3m | $813.7m | $1.1b | $878.8m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $20.7m | $13.2m | $23.2m | $25.7m | $116.8m | $271.8m | $354.5m | |
| Long-term Debt, Excluding Current Maturities | $493.5m | $404.3m | $393.6m | $1.0b | $934.6m | $1.0b | $2.3b | $3.1b | $4.6b | $6.0b | |
| Long-term Debt, Current Maturities | $675.9m | $861.0m | $107.5m | $114.1m | — | $178.9m | — | — | — | — | |
| Liabilities, Current | $3.7b | $4.1b | $2.9b | $3.1b | $3.6b | $4.0b | $5.3b | $5.9b | $5.4b | $5.9b | |
| Deferred Income Tax Liabilities, Net | — | $5.6m | $35.7m | $56.5m | $49.1m | $48.1m | $66.6m | $82.8m | $204.8m | $296.7m | |
| Other Liabilities, Noncurrent | $51.6m | $82.3m | $68.4m | $75.3m | $163.3m | $282.7m | $329.2m | $465.8m | $582.3m | $578.2m | |
| Liabilities | $4.5b | $4.8b | $3.6b | $4.0b | $4.6b | $5.3b | $6.7b | $8.2b | $9.4b | $10.9b | |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | — | — | — | — | — | — | — | — | $247.8m | $326.6m | |
| Stockholders’ equity: | |||||||||||
| Common Stock, Value, Issued | $701.3m | $702.2m | $702.9m | $703.8m | $687.0m | $835.5m | $835.5m | $835.5m | $835.5m | $835.5m | |
| Retained Earnings (Accumulated Deficit) | $284.1m | $383.7m | $622.0m | $793.6m | $940.3m | $1.0b | $1.3b | $1.5b | $1.6b | $1.5b | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($91.8m) | ($54.0m) | ($110.1m) | ($109.6m) | ($28.7m) | ($50.6m) | ($170.6m) | ($118.7m) | ($196.4m) | ($78.1m) | |
| Additional Paid in Capital, Common Stock | ($8.9m) | $417k | $10.7m | $17.2m | ($28.2m) | ($19.4m) | $1.1m | $292.7m | $590.6m | $568.9m | |
| Stockholders' Equity Attributable to Parent | $884.7m | $1.0b | $1.2b | $1.4b | $1.6b | $1.8b | $1.9b | $2.6b | $2.8b | $2.8b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | $14.7m | $27.5m | $47.4m | $31.9m | $322.4m | $325.4m | $365.1m | $1.1b | $1.1b | $1.1b | |
| Liabilities and Equity | $5.4b | $5.9b | $4.9b | $5.5b | $6.5b | $7.4b | $9.0b | $11.9b | $13.5b | $15.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.