Canadian Historical Balance Sheet

CSIQ Stock

USD 12.65 0.12 0.96%

Trend analysis of Canadian Solar balance sheet accounts such as Total Stockholder Equity of 2.7 B, Property Plant And Equipment Net of 4.5 B or Net Debt of 2.7 B provides information on Canadian Solar's total assets, liabilities, and equity, which is the actual value of Canadian Solar to its prevalent stockholders. By breaking down trends over time using Canadian Solar balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Covid

Financial Statement Analysis is much more than just reviewing and examining Canadian Solar latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Canadian Solar is a good buy for the upcoming year.

Canadian Solar Inventory

1.24 Billion

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Solar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in Canadian Stock, please use our How to Invest in Canadian Solar guide.

About Canadian Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Canadian Solar at a specified time, usually calculated after every quarter, six months, or one year. Canadian Solar Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Canadian Solar and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Canadian currently owns. An asset can also be divided into two categories, current and non-current.

Canadian Solar Balance Sheet Chart

At this time, Canadian Solar's Cash And Short Term Investments are relatively stable compared to the past year. As of 12/11/2024, Net Receivables is likely to grow to about 1.3 B, while Accounts Payable is likely to drop slightly above 458 M.

Total Assets Total Stockholder Equity Property Plant And Equipment Net Non Current Assets Total

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Total Assets

Total assets refers to the total amount of Canadian Solar assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Canadian Solar books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Most accounts from Canadian Solar's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Canadian Solar current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Solar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in Canadian Stock, please use our How to Invest in Canadian Solar guide.At this time, Canadian Solar's Cash And Short Term Investments are relatively stable compared to the past year. As of 12/11/2024, Net Receivables is likely to grow to about 1.3 B, while Accounts Payable is likely to drop slightly above 458 M.

	2021	2022	2023	2024 (projected)
Total Stockholder Equity	1.8B	1.9B	2.6B	2.7B
Total Assets	7.4B	9.0B	11.9B	12.5B

Total Stockholder Equity Total Assets

Canadian Solar balance sheet Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Total Current Liabilities	Retained Earnings	Accounts Payable	Non Current Liabilities Total	Other Current Assets	Other Liab	Short Term Investments	Common Stock	Property Plant Equipment
Total Assets		0.98	0.93	0.91	0.95	0.97	0.96	-0.04	0.95	0.95	0.64	0.87	0.79	0.99	0.91	0.98	0.96	0.98	0.94	0.37	0.98	0.84	0.9	-0.47	0.69	0.95
Total Stockholder Equity	0.98		0.91	0.88	0.95	0.95	0.96	0.01	0.95	0.95	0.64	0.89	0.76	0.96	0.88	0.96	0.91	0.94	0.98	0.27	0.96	0.82	0.95	-0.51	0.68	0.94
Property Plant And Equipment Net	0.93	0.91		0.74	0.96	0.99	0.92	-0.34	0.96	0.9	0.42	0.79	0.91	0.9	1.0	0.83	0.89	0.85	0.88	0.23	0.97	0.6	0.78	-0.31	0.47	0.95
Net Debt	0.91	0.88	0.74		0.74	0.81	0.84	0.3	0.74	0.9	0.73	0.83	0.53	0.93	0.69	0.94	0.86	0.95	0.87	0.42	0.85	0.9	0.89	-0.53	0.78	0.85
Cash	0.95	0.95	0.96	0.74		0.96	0.93	-0.24	1.0	0.87	0.5	0.8	0.86	0.92	0.95	0.88	0.9	0.88	0.91	0.25	0.96	0.7	0.84	-0.39	0.54	0.92
Non Current Assets Total	0.97	0.95	0.99	0.81	0.96		0.96	-0.24	0.96	0.92	0.5	0.81	0.9	0.95	0.98	0.89	0.93	0.91	0.91	0.27	0.99	0.69	0.83	-0.39	0.55	0.96
Non Currrent Assets Other	0.96	0.96	0.92	0.84	0.93	0.96		-0.07	0.93	0.89	0.53	0.81	0.83	0.93	0.91	0.9	0.91	0.9	0.94	0.18	0.96	0.76	0.9	-0.5	0.58	0.9
Other Assets	-0.04	0.01	-0.34	0.3	-0.24	-0.24	-0.07		-0.24	0.02	0.46	0.12	-0.59	0.0	-0.42	0.12	-0.16	0.07	0.07	0.17	-0.15	0.32	0.25	-0.23	0.42	-0.08
Cash And Short Term Investments	0.95	0.95	0.96	0.74	1.0	0.96	0.93	-0.24		0.87	0.5	0.8	0.86	0.92	0.95	0.88	0.9	0.88	0.91	0.25	0.96	0.7	0.84	-0.39	0.54	0.92
Net Receivables	0.95	0.95	0.9	0.9	0.87	0.92	0.89	0.02	0.87		0.67	0.93	0.7	0.95	0.86	0.93	0.87	0.93	0.92	0.36	0.94	0.75	0.88	-0.36	0.72	0.96
Common Stock Shares Outstanding	0.64	0.64	0.42	0.73	0.5	0.5	0.53	0.46	0.5	0.67		0.6	0.16	0.67	0.36	0.72	0.53	0.71	0.56	0.73	0.55	0.67	0.68	-0.13	0.95	0.58
Inventory	0.87	0.89	0.79	0.83	0.8	0.81	0.81	0.12	0.8	0.93	0.6		0.55	0.85	0.75	0.87	0.73	0.84	0.88	0.25	0.85	0.72	0.88	-0.38	0.64	0.89
Other Stockholder Equity	0.79	0.76	0.91	0.53	0.86	0.9	0.83	-0.59	0.86	0.7	0.16	0.55		0.75	0.95	0.66	0.84	0.69	0.73	0.07	0.85	0.45	0.56	-0.33	0.21	0.75
Total Liab	0.99	0.96	0.9	0.93	0.92	0.95	0.93	0.0	0.92	0.95	0.67	0.85	0.75		0.87	0.98	0.96	0.99	0.92	0.44	0.97	0.86	0.89	-0.45	0.72	0.93
Property Plant And Equipment Gross	0.91	0.88	1.0	0.69	0.95	0.98	0.91	-0.42	0.95	0.86	0.36	0.75	0.95	0.87		0.8	0.88	0.82	0.85	0.19	0.96	0.56	0.74	-0.3	0.42	0.92
Total Current Assets	0.98	0.96	0.83	0.94	0.88	0.89	0.9	0.12	0.88	0.93	0.72	0.87	0.66	0.98	0.8		0.94	0.99	0.92	0.43	0.92	0.92	0.91	-0.51	0.77	0.88
Other Current Liab	0.96	0.91	0.89	0.86	0.9	0.93	0.91	-0.16	0.9	0.87	0.53	0.73	0.84	0.96	0.88	0.94		0.96	0.86	0.35	0.93	0.84	0.79	-0.52	0.59	0.85
Total Current Liabilities	0.98	0.94	0.85	0.95	0.88	0.91	0.9	0.07	0.88	0.93	0.71	0.84	0.69	0.99	0.82	0.99	0.96		0.9	0.48	0.93	0.89	0.88	-0.47	0.76	0.9
Retained Earnings	0.94	0.98	0.88	0.87	0.91	0.91	0.94	0.07	0.91	0.92	0.56	0.88	0.73	0.92	0.85	0.92	0.86	0.9		0.16	0.93	0.81	0.94	-0.62	0.58	0.92
Accounts Payable	0.37	0.27	0.23	0.42	0.25	0.27	0.18	0.17	0.25	0.36	0.73	0.25	0.07	0.44	0.19	0.43	0.35	0.48	0.16		0.31	0.34	0.2	0.27	0.68	0.33
Non Current Liabilities Total	0.98	0.96	0.97	0.85	0.96	0.99	0.96	-0.15	0.96	0.94	0.55	0.85	0.85	0.97	0.96	0.92	0.93	0.93	0.93	0.31		0.73	0.87	-0.39	0.6	0.97
Other Current Assets	0.84	0.82	0.6	0.9	0.7	0.69	0.76	0.32	0.7	0.75	0.67	0.72	0.45	0.86	0.56	0.92	0.84	0.89	0.81	0.34	0.73		0.84	-0.67	0.69	0.67
Other Liab	0.9	0.95	0.78	0.89	0.84	0.83	0.9	0.25	0.84	0.88	0.68	0.88	0.56	0.89	0.74	0.91	0.79	0.88	0.94	0.2	0.87	0.84		-0.54	0.72	0.87
Short Term Investments	-0.47	-0.51	-0.31	-0.53	-0.39	-0.39	-0.5	-0.23	-0.39	-0.36	-0.13	-0.38	-0.33	-0.45	-0.3	-0.51	-0.52	-0.47	-0.62	0.27	-0.39	-0.67	-0.54		-0.11	-0.32
Common Stock	0.69	0.68	0.47	0.78	0.54	0.55	0.58	0.42	0.54	0.72	0.95	0.64	0.21	0.72	0.42	0.77	0.59	0.76	0.58	0.68	0.6	0.69	0.72	-0.11		0.62
Property Plant Equipment	0.95	0.94	0.95	0.85	0.92	0.96	0.9	-0.08	0.92	0.96	0.58	0.89	0.75	0.93	0.92	0.88	0.85	0.9	0.92	0.33	0.97	0.67	0.87	-0.32	0.62

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Canadian Solar Account Relationship Matchups

Canadian Solar balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.5B	6.5B	7.4B	9.0B	11.9B	12.5B
Total Stockholder Equity	1.4B	1.6B	1.8B	1.9B	2.6B	2.7B
Property Plant And Equipment Net	1.1B	1.3B	1.5B	2.2B	4.3B	4.5B
Net Debt	1.8B	1.6B	2.4B	3.0B	2.5B	2.7B
Cash	668.8M	1.2B	869.8M	981.4M	1.9B	2.0B
Non Current Assets Total	2.2B	2.4B	2.6B	3.4B	6.1B	6.4B
Non Currrent Assets Other	687.1M	674.5M	645.8M	734.9M	1.2B	1.3B
Other Assets	841.1M	845.1M	882.3M	963.0M	(280.8M)	(266.8M)
Cash And Short Term Investments	668.8M	1.2B	869.8M	981.4M	1.9B	2.0B
Net Receivables	592.2M	545.7M	887.5M	1.2B	1.2B	1.3B
Common Stock Shares Outstanding	60.8M	62.3M	68.9M	71.2M	72.2M	49.4M
Liabilities And Stockholders Equity	5.5B	6.5B	7.4B	9.0B	11.9B	12.5B
Inventory	554.1M	696.0M	1.2B	1.5B	1.2B	1.2B
Other Stockholder Equity	5.3M	(28.2M)	(19.4M)	1.1M	292.7M	307.4M
Total Liab	4.0B	4.6B	5.3B	6.7B	8.2B	8.6B
Property Plant And Equipment Gross	1.1B	1.3B	1.5B	2.2B	5.4B	5.6B
Total Current Assets	3.3B	4.2B	4.8B	5.6B	6.1B	6.4B
Other Current Liab	588.5M	757.2M	913.4M	1.2B	2.0B	2.1B
Total Current Liabilities	3.1B	3.6B	4.0B	5.3B	5.9B	6.2B
Retained Earnings	793.6M	940.3M	1.0B	1.3B	1.5B	1.6B
Accounts Payable	585.6M	514.7M	503.0M	805.3M	813.7M	458.0M
Non Current Liabilities Total	950.2M	1.1B	1.2B	1.5B	2.3B	2.4B
Other Current Assets	857.6M	1.8B	1.8B	1.9B	1.8B	1.9B
Accumulated Other Comprehensive Income	(109.6M)	(28.7M)	(50.6M)	(170.6M)	(118.7M)	(112.8M)
Other Liab	295.0M	370.8M	452.2M	360.6M	414.6M	435.4M
Common Stock	702.9M	703.8M	687.0M	835.5M	752.0M	714.4M
Property Plant Equipment	1.1B	1.3B	1.5B	2.3B	2.6B	2.8B
Short Long Term Debt Total	2.4B	2.8B	3.3B	4.0B	4.5B	4.7B
Current Deferred Revenue	134.8M	189.5M	135.5M	334.9M	392.3M	465.7M
Long Term Debt	619.5M	669.3M	748.3M	1.0B	1.7B	1.7B
Short Term Debt	1.8B	2.1B	2.5B	3.0B	2.7B	2.8B
Intangible Assets	83.6M	84.8M	90.0M	85.6M	19.7M	18.7M
Common Stock Total Equity	702.2M	702.9M	703.8M	687.0M	790.1M	705.7M
Net Tangible Assets	1.3B	1.5B	1.7B	1.9B	2.2B	1.2B
Long Term Investments	152.8M	78.3M	98.8M	115.8M	236.9M	185.1M
Short Long Term Debt	1.8B	2.1B	2.5B	2.9B	2.7B	1.9B

Pair Trading with Canadian Solar

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Solar will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canadian Stock

0.64	AMD	Advanced Micro Devices	Pair Corr
0.74	FSLR	First Solar	Pair Corr

Moving against Canadian Stock

0.58	MRVL	Marvell Technology Aggressive Push	Pair Corr
0.51	NVDA	NVIDIA	Pair Corr
0.47	CAN	Canaan Inc Aggressive Push	Pair Corr
0.42	ERIC	Telefonaktiebolaget Aggressive Push	Pair Corr
0.39	EXTR	Extreme Networks	Pair Corr

The ability to find closely correlated positions to Canadian Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Solar to buy it.

The correlation of Canadian Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Solar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Canadian Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Canadian Stock Analysis

When running Canadian Solar's price analysis, check to measure Canadian Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Solar is operating at the current time. Most of Canadian Solar's value examination focuses on studying past and present price action to predict the probability of Canadian Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Solar's price. Additionally, you may evaluate how the addition of Canadian Solar to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Canadian Historical Balance Sheet

Canadian Solar Inventory

1.24 Billion

About Canadian Balance Sheet Analysis

Canadian Solar Balance Sheet Chart

Total Assets

Total Stockholder Equity

Property Plant And Equipment Net

Non Current Assets Total

Canadian Solar balance sheet Correlations

Canadian Solar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian Solar balance sheet Accounts

Pair Trading with Canadian Solar

Moving together with Canadian Stock

Moving against Canadian Stock

Additional Tools for Canadian Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Non Current Assets Total
Total Current Liabilities	+ 0.99	Total Liab

Short Term Investments	- 0.67	Other Current Assets
Short Term Investments	- 0.62	Retained Earnings
Other Stockholder Equity	- 0.59	Other Assets
Short Term Investments	- 0.54	Other Liab
Short Term Investments	- 0.53	Net Debt
Short Term Investments	- 0.52	Other Current Liab