First Solar
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has First Solar's balance sheet done over the years? Its assets were worth $10,365,132,000 last year, which is more than in the previous period. 35% of First Solar’s total assets is currently financed by debt. Its liabilities reached the amount of $3,677,663,000, which means an increase by 52% compared compared to last year.
Debt to Assets
| 2014 | 6724439000 | 1.69B | 25.24% |
|---|---|---|---|
| 2015 | 7316331000 | 1.76B | 24.16% |
| 2016 | 6867213000 | 1.65B | 24.09% |
| 2017 | 6864501000 | 1.76B | 25.72% |
| 2018 | 7121362000 | 1.90B | 26.81% |
| 2019 | 7515689000 | 2.41B | 32.18% |
| 2020 | 7108931000 | 1.58B | 22.34% |
| 2021 | 7413746000 | 1.45B | 19.61% |
| 2022 | 8251228000 | 2.41B | 29.27% |
| 2023 | 10365132000 | 3.67B | 35.48% |
0R06.L Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.94B | 1.48B | 1.45B | 1.22B | 1.35B | 1.40B | 2.26B | 1.34B | 1.12B | 1.48B |
Short term investments | 155.49M | 1.09B | 375.38M | 520.06M | 811.50M | 1.14B | 720.37M | 607.99M | 703.45M | 509.03M |
Net receivables | 1.40B | 354.99M | 454.70M | 292.45M | 658.51M | 586.44M | 433.36M | 487.21M | 612.54M | 224.89M |
Inventory | 819.89M | 621.37M | 666.29M | 567.61M | 497.09M | 444.81M | 201.21M | 425.99M | 517.31M | 630.17M |
Other current assets | 296.53M | 237.07M | 244.19M | 251.70M | 279.97M | 243.06M | 256.24M | 217.15M | 438.19M | 231.50M |
Total current assets | 4.63B | 3.79B | 3.19B | 3.01B | 3.59B | 3.85B | 3.83B | 3.78B | 3.34B | 3.19B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 4.49B | 3.54B | 2.86B | 2.64B | 2.65B | 2.06B | 1.57B | 1.07B | 1.37B | 1.44B |
Goodwill | 29.68M | 14.46M | 14.46M | 14.46M | 14.46M | 14.46M | 14.46M | 14.46M | 84.98M | 84.98M |
Intangible assets | 64.51M | 31.10M | 45.50M | 56.13M | 64.54M | 74.16M | 80.22M | 87.97M | 110.00M | 119.23M |
Long term investments | 0 | 204.10M | 290.51M | 333.19M | 2.81M | 3.18M | 219.50M | 242.36M | 399.80M | 255.02M |
Other non-current assets | 994.55M | 588.31M | 945.98M | 940.81M | 1.04B | 1.02B | 1.09B | 1.40B | 1.64B | 1.40B |
Total non-current assets | 5.73B | 4.45B | 4.22B | 4.09B | 3.91B | 3.26B | 3.03B | 3.08B | 3.97B | 3.53B |
Total assets | 10.36B | 8.25B | 7.41B | 7.10B | 7.51B | 7.12B | 6.86B | 6.86B | 7.31B | 6.72B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 413.57M | 263.21M | 201.86M | 188.81M | 323.21M | 129.75M | 81.81M | 115.62M | 87.94M | 195.34M |
Short term debt | 106.59M | 9.19M | 3.89M | 41.54M | 17.51M | 5.57M | 13.07M | 27.96M | 38.09M | -71.97M |
Total current liabilities | 1.30B | 1.03B | 726.87M | 847.39M | 1.31B | 845.45M | 650.27M | 899.70M | 960.8M | 1.00B |
| Non-current liabilities: | ||||||||||
Long term debt | 517.79M | 184.34M | 236.00M | 237.69M | 454.18M | 461.22M | 380.46M | 160.42M | 251.32M | 163.44M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 219.33M | 219.12M | 367.67M | 434.32M | 508.76M | 467.83M | 671.80M | 594.39M | 555.71M | 532.41M |
Total non-current liabilities | 2.37B | 1.37B | 727.31M | 740.60M | 1.10B | 1.06B | 1.11B | 754.81M | 807.04M | 695.85M |
Total liabilities | 3.67B | 2.41B | 1.45B | 1.58B | 2.41B | 1.90B | 1.76B | 1.65B | 1.76B | 1.69B |
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