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
DateValue
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