Canadian Solar (CSIQ) Current Deferred Tax Assets (2013 - 2015)

Canadian Solar (CSIQ) posted quarterly Current Deferred Tax Assets of $30.0 million for Q4 2015, down 26.46% year-on-year from $40.8 million in Q4 2014, and down 26.46% on a QoQ basis from $40.8 million in Q4 2014.

Canadian Solar (CSIQ) Current Deferred Tax Assets (2013 - 2015) Analysis & Trends

Canadian Solar (CSIQ) has reported Current Deferred Tax Assets for 3 consecutive years, with $30.0 million the latest figure, recorded in Q4 2015.

  • Quarterly Current Deferred Tax Assets fell 26.46% year-over-year to $30.0 million in Q4 2015, while the trailing twelve-month figure through Dec 2015 was $30.0 million (down 26.46% YoY) and the FY2015 annual result came in at $30.0 million, down 26.46% from the prior year.
  • Current Deferred Tax Assets slipped to $30.0 million in Q4 2015 per CSIQ's latest filing, from $40.8 million in the prior quarter.
  • Over the last five years, Current Deferred Tax Assets for CSIQ reached as high as $40.8 million in Q4 2014 and fell as low as $29.1 million in Q4 2013.
  • A 3-year average of $33.3 million and a median of $30.0 million in 2015 frame the typical range for Current Deferred Tax Assets.
  • Annual changes were most pronounced in 2014 — Current Deferred Tax Assets jumped 40.06% — and 2015, when it fell 26.46%.
  • Year by year, Current Deferred Tax Assets stood at $29.1 million in 2013, then surged by 40.06% to $40.8 million in 2014, then declined by 26.46% to $30.0 million in 2015.
  • According to Business Quant data, Current Deferred Tax Assets over the past three periods registered $30.0 million, $40.8 million, and $29.1 million for Q4 2015, Q4 2014, and Q4 2013 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn

Historic Data

Download Data
DateValue
Dec 31, 2015 30.01 Mn
Dec 31, 2015 30.01 Mn
Dec 31, 2014 40.81 Mn
Dec 31, 2014 40.81 Mn
Dec 31, 2013 29.14 Mn
Dec 31, 2013 29.14 Mn