Canadian Solar (CSIQ) Debt Ratio (2009 - 2025)
Canadian Solar (CSIQ) posted quarterly Debt Ratio of 0.55 for Q4 2025, up 91.66% year-on-year 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 reported Debt Ratio for 17 consecutive years, with 0.55 the latest figure, recorded 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 slipped to 0.55 in Q4 2025 per CSIQ's latest filing, from 391096.98 in the prior quarter.
- Over the last five years, Debt Ratio for CSIQ reached as high as 391096.98 in Q3 2025 and fell as low as 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 sank 34.43% — and 2025, when it surged 113548523.42%.
- Year by year, Debt Ratio stood at 0.07 in 2021, then soared by 252.33% to 0.25 in 2022, then slipped 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.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.55, 391096.98, and 0.39 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 0.03 |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 0.21 |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 0.15 |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | - |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 0.02 |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 0.18 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 0.55 |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 0.45 |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 0.00 |
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 |