Canadian Solar
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Canadian Solar generated cash of $684,615,000, which is less than the previous year. Cash used in financing activities reached the amount of $2,052,828,000 last year. Net change in cash is therefore $976,929,000.
Cash Flow
| 2014 | 265.10M | -116.04M | 191.94M |
|---|---|---|---|
| 2015 | 413.65M | -999.10M | 619.48M |
| 2016 | -278.07M | -1.04B | 1.29B |
| 2017 | 203.92M | -341.21M | 165.28M |
| 2018 | 216.28M | 29.07M | -463.61M |
| 2019 | 600.11M | -294.10M | -34.61M |
| 2020 | -120.54M | -319.66M | 823.50M |
| 2021 | -408.25M | -429.57M | 614.07M |
| 2022 | 916.63M | -630.48M | 428.63M |
| 2023 | 684.61M | -1.67B | 2.05B |
CSIQ Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.96B | 1.43B | 1.63B | 1.20B | 940.99M | 1.19B | 511.03M | 553.07M | 549.54M | 228.24M |
Operating activities | ||||||||||
Net income | 274.18M | 298.55M | 109.87M | 147.24M | 166.55M | 242.43M | 102.98M | 65.27M | 173.31M | 243.88M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 307.04M | 234.55M | 282.76M | 209.11M | 159.72M | 129.25M | 99.27M | 95.84M | 94.21M | 82.62M |
Stock-based compensation expense | 55.33M | 9.37M | 8.80M | 12.35M | 10.68M | 0 | 9.31M | 7.75M | 5.96M | 5.08M |
| Deferred income tax benefit | 55.33M | 9.37M | 8.80M | 12.35M | 10.68M | 0 | 9.31M | 7.75M | 5.96M | 5.08M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 15.41M | -357.27M | -284.78M | 65.37M | 51.67M | -179.60M | 46.33M | -33.06M | -63.35M | -73.77M |
Inventories | 182.76M | -406.34M | -518.74M | -180.97M | -312.78M | 55.40M | -49.02M | -50.55M | 50.82M | -252.71M |
Accounts payable | 13.11M | 351.53M | 11.02M | -89.18M | 209.17M | 47.75M | -27.75M | 61.15M | -23.97M | 135.81M |
Cash generated by operating activities | 684.61M | 916.63M | -408.25M | -120.54M | 600.11M | 216.28M | 203.92M | -278.07M | 413.65M | 265.10M |
Investing activities | ||||||||||
Purchases Of Investments | -427K | -19.35M | -54.00M | -17.75M | -7.68M | -11.03M | 124.53M | -124.73M | -84.38M | -72.03K |
Investments In Property Plant And Equipment | -1.52B | -627.99M | -429.5M | -334.94M | -291.18M | -316.28M | -310.67M | -1.11B | -642.76M | -65.14M |
Acquisitions Net | -9.44M | -12.27M | -37.02M | 15.27M | -3.02M | 327.55M | -101.25M | -115.39M | -275.85M | -72.03K |
Cash generated by investing activities | -1.67B | -630.48M | -429.57M | -319.66M | -294.10M | 29.07M | -341.21M | -1.04B | -999.10M | -116.04M |
Financing activities | ||||||||||
Common Stock Issued | 927.89M | 0 | 148.51M | 37.37M | 0 | 769K | 879K | 23.86M | 18.24M | 115.00M |
Payments for dividends | 0 | 0 | 0 | 0 | -1.12M | 0 | -9.58M | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | -5.96M | -11.84M | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 1.15B | 443.12M | -1.90B | -1.58B | -22.83M | -2.43B | 161.74M | -2.28B | 640.08M | -1.04B |
Cash used in financing activities | 2.05B | 428.63M | 614.07M | 823.50M | -34.61M | -463.61M | 165.28M | 1.29B | 619.48M | 191.94M |
Net Change In Cash | 976.92M | 535.22M | -205.43M | 434.29M | 264.43M | -249.14M | 50.64M | -42.04M | 3.53M | 321.29M |
Cash at end of period | 2.94B | 1.96B | 1.43B | 1.63B | 1.20B | 940.99M | 561.67M | 511.03M | 553.07M | 549.54M |
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