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Ratios

Canadian Solar (CSIQ) Debt Ratio (2016 - 2024)

Canadian Solar's Debt Ratio history spans 15 years, with the latest figure at 0.29 for Q4 2024.

  • For the quarter ending Q4 2024, Debt Ratio rose 11.88% year-over-year to 0.29, compared with a TTM value of 0.29 through Dec 2024, up 11.88%, and an annual FY2024 reading of 0.29, up 11.88% over the prior year.
  • Debt Ratio for Q4 2024 was 0.29 at Canadian Solar, up from 0.26 in the prior quarter.
  • The five-year high for Debt Ratio was 0.29 in Q4 2024, with the low at 0.07 in Q4 2020.
  • Average Debt Ratio over 5 years is 0.19, with a median of 0.25 recorded in 2022.
  • Year-over-year, Debt Ratio plummeted 40.73% in 2020 and then surged 250.67% in 2022.
  • Tracing CSIQ's Debt Ratio over 5 years: stood at 0.07 in 2020, then increased by 4.3% to 0.07 in 2021, then surged by 250.67% to 0.25 in 2022, then increased by 3.36% to 0.26 in 2023, then rose by 11.88% to 0.29 in 2024.
  • Per Business Quant, the three most recent readings for CSIQ's Debt Ratio are 0.29 (Q4 2024), 0.26 (Q4 2023), and 0.25 (Q4 2022).