Canadian Solar (CSIQ) Goodwill (2011 - 2019)
Canadian Solar's (CSIQ) quarterly Goodwill came in at $1.0 million in Q1 2019, down 75.25% on a YoY basis from $4.1 million in Q1 2018, and little changed quarter-over-quarter from $1.0 million in Q4 2018.
Analysis
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.
- For the quarter ending Q1 2019, Goodwill fell 75.25% year-over-year to $1.0 million; the trailing twelve-month figure through Mar 2019 stood at $1.0 million (down 75.25% YoY), and the FY2018 full-year result was $1.0 million, down 83.91% from the prior year.
- Goodwill steadied at $1.0 million in Q1 2019 per CSIQ's latest filing, from $1.0 million in the prior quarter.
- Across five years, Goodwill topped out at $7.6 million in Q1 2016 and bottomed at $1.0 million in Q4 2018.
- Historically, Goodwill has averaged $5.7 million across 5 years, with a median of $6.9 million in 2015.
- The sharpest annual moves came in 2016 and 2018: Goodwill rose 0.11% in 2016, then sank 83.91% in 2018.
- Over 5 years, Goodwill 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.
- 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.23 Bn | 20.50 Bn | 605.00 Mn |
| 2 | Nextpower | 12.34 Bn | 11.12 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.90 Bn | 3.96 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.17 Bn | 1.59 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.31 Bn | 1.10 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.18 Bn | 1.16 Bn | 49.53 Mn |
| 7 | Canadian Solar | 881.85 Mn | -584.65 Mn | 168.48 Mn |
| 8 | Array Technologies | 699.32 Mn | 392.02 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 608.56 Mn | -2.07 Bn | 75.62 Mn |
| 10 | Toyo | 132.84 Mn | 22.80 Mn | 36.97 Mn |
Historic Data
Download Data
Historic 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 |