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| Date | Value |
|---|---|
| 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 |