Canadian Solar (CSIQ) Accumulated Depreciation & Amortization (2011 - 2023)
Canadian Solar (CSIQ) reported Accumulated Depreciation & Amortization of $386.7 million for Q4 2023, down 29.64% year-on-year from $549.5 million in Q4 2022, and down 29.64% quarter-over-quarter from $549.5 million in Q4 2022.
Canadian Solar (CSIQ) has 13 years of Accumulated Depreciation & Amortization data on file, last reported at $386.7 million in Q4 2023.
- For the quarter ending Q4 2023, Accumulated Depreciation & Amortization fell 29.64% year-over-year to $386.7 million; the trailing twelve-month figure through Dec 2023 stood at $386.7 million (down 29.64% YoY), and the FY2023 full-year result was $386.7 million, down 29.64% from the prior year.
- Accumulated Depreciation & Amortization for Q4 2023 stood at $386.7 million, down from $549.5 million in the prior quarter.
- Across five years, Accumulated Depreciation & Amortization topped out at $919.0 million in Q4 2021 and bottomed at $386.7 million in Q4 2023.
- A 5-year average of $625.7 million and a median of $587.3 million in 2019 frame the typical range for Accumulated Depreciation & Amortization.
- Across the five-year window, Accumulated Depreciation & Amortization surged 33.96% in 2021 and slumped 40.2% in 2022, its largest moves.
- Tracing CSIQ's Accumulated Depreciation & Amortization over 5 years: stood at $587.3 million in 2019, then advanced by 16.81% to $686.0 million in 2020, then surged by 33.96% to $919.0 million in 2021, then sank by 40.2% to $549.5 million in 2022, then decreased by 29.64% to $386.7 million in 2023.
- According to Business Quant data, Accumulated Depreciation & Amortization over the past three periods registered $386.7 million, $549.5 million, and $919.0 million for Q4 2023, Q4 2022, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 386.66 Mn |
| Dec 31, 2023 | 386.66 Mn |
| Dec 31, 2022 | 549.53 Mn |
| Dec 31, 2022 | 549.53 Mn |
| Dec 31, 2021 | 919.01 Mn |
| Dec 31, 2021 | 919.01 Mn |
| Dec 31, 2020 | 686.03 Mn |
| Dec 31, 2020 | 686.03 Mn |
| Dec 31, 2019 | 587.28 Mn |
| Dec 31, 2019 | 587.28 Mn |
| Dec 31, 2018 | 520.43 Mn |
| Dec 31, 2018 | 520.43 Mn |
| Dec 31, 2017 | 470.06 Mn |
| Dec 31, 2017 | 470.06 Mn |
| Dec 31, 2016 | 420.39 Mn |
| Dec 31, 2016 | 420.39 Mn |
| Dec 31, 2015 | 345.52 Mn |
| Dec 31, 2015 | 345.52 Mn |
| Dec 31, 2014 | 316.42 Mn |
| Dec 31, 2014 | 316.42 Mn |
| Dec 31, 2013 | 273.85 Mn |
| Dec 31, 2013 | 273.85 Mn |
| Dec 31, 2012 | 162.06 Mn |
| Dec 31, 2012 | 162.06 Mn |
| Dec 31, 2011 | 85.21 Mn |
| Dec 31, 2011 | 85.21 Mn |