Canadian Solar (CSIQ) Goodwill (2011 - 2019)
Canadian Solar's (CSIQ) quarterly Goodwill came in at $1.0 million in Q1 2019, down 75.25% YoY from $4.1 million in Q1 2018, and little changed on a QoQ basis from $1.0 million in Q4 2018.
Canadian Solar (CSIQ) Goodwill (2011 - 2019) Analysis & Trends
Canadian Solar (CSIQ) has 7 years of Goodwill data on file, last reported at $1.0 million in 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 steadied at $1.0 million in Q1 2019, from $1.0 million in the prior quarter.
- In the past five years, Goodwill ranged from a high of $7.6 million in Q1 2016 to a low of $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 rose by 0.11% to $7.6 million in 2016, then declined by 17.97% to $6.2 million in 2017, then sank by 83.91% to $1.0 million in 2018, then changed by 0.0% to $1.0 million in 2019.
- The last three Goodwill figures came in at $1.0 million (Q1 2019), $1.0 million (Q4 2018), and $4.1 million (Q3 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 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 |