Canadian Solar (CSIQ) Debt Ratio (2009 - 2025)
Canadian Solar's (CSIQ) quarterly Debt Ratio came in at 0.55 in Q4 2025, up 91.66% YoY from 0.29 in Q4 2024, and down 100.0% on a QoQ basis from 391096.98 in Q3 2025.
Canadian Solar (CSIQ) Debt Ratio (2009 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has 17 years of Debt Ratio data on file, last reported at 0.55 in Q4 2025.
- Quarterly Debt Ratio rose 91.66% year-over-year to 0.55 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.55 (up 91.66% YoY) and the FY2025 annual result came in at 0.55, up 91.66% from the prior year.
- Debt Ratio declined to 0.55 in Q4 2025, from 391096.98 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 391096.98 in Q3 2025 to a low of 0.07 in Q4 2021.
- A 5-year average of 19555.11 and a median of 0.26 in 2023 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2021 — Debt Ratio slumped 34.43% — and 2025, when it jumped 113548523.42%.
- Tracing CSIQ's Debt Ratio over 5 years: stood at 0.07 in 2021, then soared by 252.33% to 0.25 in 2022, then fell by 11.8% to 0.22 in 2023, then surged by 31.11% to 0.29 in 2024, then jumped by 91.66% to 0.55 in 2025.
- The last three Debt Ratio figures came in at 0.55 (Q4 2025), 391096.98 (Q3 2025), and 0.39 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 0.00 |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 0.20 |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 0.62 |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 0.19 |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 0.55 |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 0.15 |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 0.44 |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.55 |
| Sep 30, 2025 | 391,096.98 |
| Jun 30, 2025 | 0.39 |
| Mar 31, 2025 | 0.37 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.34 |
| Jun 30, 2024 | 0.30 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | 0.22 |
| 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 | 0.24 |
| Dec 31, 2021 | 0.07 |
| Sep 30, 2021 | 0.22 |
| Jun 30, 2021 | 0.20 |
| Mar 31, 2021 | 0.25 |