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Growth Metrics

Canadian Solar (CSIQ) Debt Ratio (2009 - 2025)

Canadian Solar (CSIQ) reported Debt Ratio of 0.35 for Q4 2025, up 21.97% year-on-year from 0.29 in Q4 2024, and down 100.0% quarter-over-quarter from 231212.11 in Q3 2025.

Canadian Solar (CSIQ) has 17 years of Debt Ratio data on file, last reported at 0.35 in Q4 2025.

  • For the quarter ending Q4 2025, Debt Ratio rose 21.97% year-over-year to 0.35; the trailing twelve-month figure through Dec 2025 stood at 0.35 (up 21.97% YoY), and the FY2025 full-year result was 0.35, up 21.97% from the prior year.
  • Debt Ratio for Q4 2025 stood at 0.35, down from 231212.11 in the prior quarter.
  • Across five years, Debt Ratio topped out at 231212.11 in Q3 2025 and bottomed 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.
  • Across the five-year window, Debt Ratio tumbled 46.77% in 2021 and surged 141735314.44% in 2025, its largest moves.
  • 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 climbed by 3.36% to 0.26 in 2023, then gained by 11.88% to 0.29 in 2024, then increased by 21.97% to 0.35 in 2025.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.35, 231212.11, and 0.23 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 26.65 Bn 24.22 Bn 486.13 Mn 0.03
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 0.35
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 0.21
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 0.02
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 0.18
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 0.45
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 0.15
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

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DateValue
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
Dec 31, 2020 0.07
Sep 30, 2020 0.10
Jun 30, 2020 0.11
Mar 31, 2020 0.13
Dec 31, 2019 0.12
Sep 30, 2019 0.10
Jun 30, 2019 0.09
Mar 31, 2019 0.09
Dec 31, 2018 0.21
Sep 30, 2018 0.03
Jun 30, 2018 0.04
Mar 31, 2018 0.06
Dec 31, 2017 0.34
Sep 30, 2017 0.05
Jun 30, 2017 0.05
Mar 31, 2017 0.09
Dec 31, 2016 0.39
Sep 30, 2016 0.12
Jun 30, 2016 0.17
Mar 31, 2016 0.18
Dec 31, 2015 0.16
Sep 30, 2015 0.13
Jun 30, 2015 0.10
Mar 31, 2015 0.04
Dec 31, 2014 0.04
Sep 30, 2014 0.05
Jun 30, 2014 0.05
Mar 31, 2014 0.06
Dec 31, 2013 160.33
Sep 30, 2013 0.08
Jun 30, 2013 0.11
Mar 31, 2013 0.09
Dec 31, 2012 0.48
Sep 30, 2012 0.10
Jun 30, 2012 0.06
Mar 31, 2012 0.04
Dec 31, 2011 0.44
Sep 30, 2011 0.07
Jun 30, 2011 0.09
Mar 31, 2011 0.06
Dec 31, 2010 0.05
Jun 30, 2010 0.01
Mar 31, 2010 0.02
Dec 31, 2009 0.03
Sep 30, 2009 0.03
Jun 30, 2009 0.04
Mar 31, 2009 0.07