Canadian Solar (CSIQ) Goodwill (2011 - 2019)
Canadian Solar (CSIQ) recorded quarterly Goodwill of $1.0 million in Q1 2019, little changed on a QoQ basis from $1.0 million in Q4 2018, and down 75.25% year-over-year from $4.1 million in Q1 2018.
Canadian Solar (CSIQ) Goodwill (2011 - 2019) Analysis & Trends
Canadian Solar has disclosed Goodwill across 7 years of filings, most recently posting $1.0 million for Q1 2019.
- Quarterly Goodwill fell 75.25% year-over-year to $1.0 million in Q1 2019, while the trailing twelve-month figure through Mar 2019 was $1.0 million (down 75.25% YoY) and the FY2018 annual result came in at $1.0 million, down 83.91% from the prior year.
- Goodwill held at $1.0 million in Q1 2019, from $1.0 million in the prior quarter.
- Over five years, Goodwill peaked at $7.6 million in Q1 2016 and troughed at $1.0 million in Q4 2018.
- A 5-year average of $5.7 million and a median of $6.9 million in 2015 frame the typical range for Goodwill.
- Annual changes were most pronounced in 2016 — Goodwill increased 0.11% — and 2018, when it plunged 83.91%.
- Tracing CSIQ's Goodwill over 5 years: stood at $7.6 million in 2015, then advanced by 0.11% to $7.6 million in 2016, then retreated by 17.97% to $6.2 million in 2017, then tumbled by 83.91% to $1.0 million in 2018, then changed by 0.0% to $1.0 million in 2019.
- Business Quant data shows CSIQ's Goodwill at $1.0 million in Q1 2019, $1.0 million in Q4 2018, and $4.1 million in Q3 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn |
| 10 | Canadian Solar | 41,875.00 | 578.43 Mn | 124.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2019 | 1.01 Mn |
| Dec 31, 2018 | 1.01 Mn |
| Sep 30, 2018 | 4.06 Mn |
| Jun 30, 2018 | 4.06 Mn |
| Mar 31, 2018 | 4.06 Mn |
| Dec 31, 2017 | 6.25 Mn |
| Sep 30, 2017 | 6.25 Mn |
| Jun 30, 2017 | 7.62 Mn |
| Mar 31, 2017 | 7.62 Mn |
| Dec 31, 2016 | 7.62 Mn |
| Sep 30, 2016 | 7.62 Mn |
| Jun 30, 2016 | 7.62 Mn |
| Mar 31, 2016 | 7.62 Mn |
| Dec 31, 2015 | 7.61 Mn |
| Sep 30, 2012 | 490,000.00 |
| Jun 30, 2012 | 2.64 Mn |
| Mar 31, 2012 | 2.63 Mn |
| Dec 31, 2011 | 2.26 Mn |