Canadian Solar (CSIQ) Debt Ratio (2009 - 2026)
Canadian Solar's Debt Ratio came in at 0.40 for Q2 2026, up 2.4% from 0.39 a year earlier but down 38.4% from the prior quarter.
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Analysis
Canadian Solar (CSIQ) Debt Ratio (2009 - 2026) Analysis & Trends
Going back to Q1 2009, Canadian Solar's Debt Ratio data covers 69 quarters.
- Debt Ratio has increased in each of the last three years.
- Going back by year, Debt Ratio was 0.34 in FY2024 (+32.0%), 0.26 in FY2023 (+3.4%), 0.25 in FY2022 (-45.5%) and 0.46 in FY2021 (+81.8%).
- The five-year range for quarterly Debt Ratio is 0.19 (Q3 2021) to 0.65 (Q1 2025).
- Year-over-year, Debt Ratio increased in seven of the last eight quarters, with growth averaging 30.8%.
- The fastest year-over-year change in Debt Ratio over five years came in Q1 2025 (growth of 113.1%), and the weakest in Q4 2022 (a decline of 45.5%).
- Business Quant data shows CSIQ's Debt Ratio at 0.64 (Q1 2026), 0.40 (Q4 2025) and 0.39 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 0.03 |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 0.00 |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 0.00 |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 0.46 |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 0.23 |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 0.26 |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 0.20 |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 0.13 |
| 10 | Canadian Solar | 781.17 Mn | -5.03 Bn | 168.48 Mn | 0.40 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.40 |
| Mar 31, 2026 | 0.64 |
| Dec 31, 2025 | 0.40 |
| Sep 30, 2025 | 0.39 |
| Jun 30, 2025 | 0.39 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 0.34 |
| Jun 30, 2024 | 0.30 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.24 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 0.27 |
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 0.25 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.25 |
| Dec 31, 2021 | 0.46 |
| Sep 30, 2021 | 0.19 |
API Access
Canadian Solar Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=CSIQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "CSIQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=CSIQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();