Canadian Solar (CSIQ) Goodwill (2011 - 2019)

Canadian Solar (CSIQ) posted quarterly Goodwill of $1.0 million for Q1 2019, down 75.25% year-on-year 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 reported Goodwill for 7 consecutive years, with $1.0 million the latest figure, recorded 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 held at $1.0 million in Q1 2019 per CSIQ's latest filing, from $1.0 million in the prior quarter.
  • Over the last five years, Goodwill for CSIQ reached as high as $7.6 million in Q1 2016 and fell as low as $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 rose 0.11% — and 2018, when it tumbled 83.91%.
  • Year by year, Goodwill stood at $7.6 million in 2015, then climbed by 0.11% to $7.6 million in 2016, then decreased by 17.97% to $6.2 million in 2017, then slumped by 83.91% to $1.0 million in 2018, then changed by 0.0% to $1.0 million in 2019.
  • According to Business Quant data, Goodwill over the past three periods registered $1.0 million, $1.0 million, and $4.1 million for Q1 2019, Q4 2018, and Q3 2018 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn

Historic Data

Download Data
DateValue
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