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| 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 |