Canadian Solar (CSIQ) Debt Ratio (2009 - 2025)
Canadian Solar (CSIQ) recorded quarterly Debt Ratio of 0.35 in Q4 2025, down 100.0% on a QoQ basis from 231212.11 in Q3 2025, and up 21.97% year-over-year from 0.29 in Q4 2024.
Canadian Solar (CSIQ) Debt Ratio (2009 - 2025) Analysis & Trends
Canadian Solar has disclosed Debt Ratio across 17 years of filings, most recently posting 0.35 for Q4 2025.
- Quarterly Debt Ratio rose 21.97% year-over-year to 0.35 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.35 (up 21.97% YoY) and the FY2025 annual result came in at 0.35, up 21.97% from the prior year.
- Debt Ratio declined to 0.35 in Q4 2025, from 231212.11 in the prior quarter.
- Over five years, Debt Ratio peaked at 231212.11 in Q3 2025 and troughed at 0.07 in Q1 2021.
- A 5-year average of 11560.75 and a median of 0.12 in 2022 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2021 — Debt Ratio sank 46.77% — and 2025, when it surged 141735314.44%.
- Tracing CSIQ's Debt Ratio over 5 years: stood at 0.07 in 2021, then surged by 252.33% to 0.25 in 2022, then advanced by 3.36% to 0.26 in 2023, then rose by 11.88% to 0.29 in 2024, then grew by 21.97% to 0.35 in 2025.
- Business Quant data shows CSIQ's Debt Ratio at 0.35 in Q4 2025, 231212.11 in Q3 2025, and 0.23 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 0.03 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 0.21 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 0.02 |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 0.18 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 0.45 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 0.15 |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | Canadian Solar | 41,875.00 | 578.43 Mn | 124.40 Mn | 0.35 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 231,212.11 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 0.22 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.16 |
| Jun 30, 2024 | 0.13 |
| Mar 31, 2024 | 0.13 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.09 |
| Jun 30, 2023 | 0.09 |
| Mar 31, 2023 | 0.09 |
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 0.11 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.09 |
| Dec 31, 2021 | 0.07 |
| Sep 30, 2021 | 0.08 |
| Jun 30, 2021 | 0.08 |
| Mar 31, 2021 | 0.07 |