Canadian 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 Canadian Solar's balance sheet done over the years? Its assets were worth $11,895,760,000 last year, which is more than in the previous period. 69% of Canadian Solar’s total assets is currently financed by debt. Its liabilities reached the amount of $8,190,516,000, which means an increase by 22% compared compared to last year.
Debt to Assets
| 2014 | 3072424000 | 2.34B | 76.25% |
|---|---|---|---|
| 2015 | 4417254000 | 3.58B | 81.15% |
| 2016 | 5406606000 | 4.50B | 83.36% |
| 2017 | 5889627000 | 4.82B | 82.01% |
| 2018 | 4892658000 | 3.61B | 73.98% |
| 2019 | 5467207000 | 4.04B | 73.93% |
| 2020 | 6536854000 | 4.64B | 71.04% |
| 2021 | 7388342000 | 5.26B | 71.22% |
| 2022 | 9037128000 | 6.73B | 74.48% |
| 2023 | 11895760000 | 8.19B | 68.85% |
CSIQ Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.93B | 981.43M | 869.83M | 1.17B | 668.77M | 444.29M | 561.67M | 511.03M | 553.07M | 549.54M |
Short term investments | 0 | 18.33M | 20.19M | 15.05M | 0 | 0 | 16.2M | 0 | 6.25M | 0 |
Net receivables | 1.20B | 1.23B | 887.54M | 545.71M | 592.22M | 622.23M | 479.94M | 478.43M | 584.20M | 418.55M |
Inventory | 1.17B | 1.52B | 1.19B | 695.98M | 554.07M | 262.02M | 346.09M | 295.37M | 334.48M | 432.32M |
Other current assets | 1.76B | 653.90M | 1.02B | 1.10B | 857.62M | 1.22B | 2.06B | 1.58B | 251.35M | 915.46M |
Total current assets | 6.09B | 5.64B | 4.77B | 4.18B | 3.25B | 3.07B | 4.08B | 3.79B | 2.26B | 2.31B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 4.27B | 2.22B | 1.54B | 1.34B | 1.13B | 939.88M | 811.19M | 574.40M | 1.52B | 469.34M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 1.00M | 6.24M | 7.61M | 7.60M | 0 |
Intangible assets | 19.72M | 85.62M | 90.00M | 84.84M | 83.62M | 80.62M | 89.63M | 57.07M | 113.02M | 19.89M |
Long term investments | 277.05M | 115.78M | 98.81M | 78.29M | 152.82M | 126.09M | 414.21M | 368.45M | 187.13M | 38.82M |
Other non-current assets | 1.24B | 734.87M | 645.76M | 674.45M | 687.12M | 549.64M | 351.23M | 378.30M | 221.76M | 161.61M |
Total non-current assets | 6.08B | 3.39B | 2.61B | 2.35B | 2.21B | 1.81B | 1.80B | 1.61B | 2.15B | 756.53M |
Total assets | 11.89B | 9.03B | 7.38B | 6.53B | 5.46B | 4.89B | 5.88B | 5.40B | 4.41B | 3.07B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 392.30M | 334.94M | 135.51M | 189.47M | 134.80M | 39.02M | 51.73M | 90.10M | 76.20M | 111.97M |
Short term debt | 2.70B | 2.94B | 2.48B | 2.12B | 1.78B | 1.79B | 1.95B | 1.79B | 1.15B | 725.51M |
Total current liabilities | 5.86B | 5.25B | 4.03B | 3.58B | 3.09B | 2.94B | 4.10B | 3.72B | 2.65B | 1.94B |
| Non-current liabilities: | ||||||||||
Long term debt | 1.77B | 1.06B | 771.52M | 682.53M | 640.19M | 393.61M | 449.11M | 643.74M | 647.2M | 284.3M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 471.45M | 384.17M | 343.78M | 259.90M | 167.26M | 166.36M | 103.76M | 35.26M | 43.43M | 15.57M |
Total non-current liabilities | 2.32B | 1.51B | 1.22B | 1.05B | 950.15M | 671.45M | 721.84M | 786.15M | 928.42M | 393.58M |
Total liabilities | 8.19B | 6.73B | 5.26B | 4.64B | 4.04B | 3.61B | 4.82B | 4.50B | 3.58B | 2.34B |
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