Canadian Solar (CSIQ) Debt Ratio (2009 - 2026)
Canadian Solar's (CSIQ) quarterly Debt Ratio came in at 0.4 in Q2 2026, down 2.31% on a YoY basis from 0.41 in Q2 2025, and little changed quarter-over-quarter from 0.4 in Q1 2026.
Analysis
Canadian Solar (CSIQ) Debt Ratio (2009 - 2026) Analysis & Trends
Canadian Solar (CSIQ) has reported Debt Ratio for 18 consecutive years, with 0.4 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 2.31% year-over-year to 0.4; the trailing twelve-month figure through Jun 2026 stood at 0.4 (down 2.31% YoY), and the FY2025 full-year result was 0.41, up 20.02% from the prior year.
- Debt Ratio steadied at 0.4 in Q2 2026 per CSIQ's latest filing, from 0.4 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.41 in Q4 2025 and bottomed at 0.24 in Q1 2022.
- Historically, Debt Ratio has averaged 0.32 across 5 years, with a median of 0.3 in 2024.
- The sharpest annual moves came in 2022 and 2024: Debt Ratio fell 12.81% in 2022, then surged 41.35% in 2024.
- Over 5 years, Debt Ratio stood at 0.25 in 2022, then advanced by 3.36% to 0.26 in 2023, then surged by 32.01% to 0.34 in 2024, then advanced by 20.02% to 0.41 in 2025, then fell by 3.17% to 0.4 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.4, 0.4, and 0.41 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 0.00 |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 0.20 |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | - |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 0.37 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 0.19 |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 0.40 |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 0.44 |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 0.31 |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 0.05 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.40 |
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.41 |
| Sep 30, 2025 | 0.40 |
| Jun 30, 2025 | 0.41 |
| Mar 31, 2025 | 0.37 |
| 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 | 0.24 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | 0.22 |