Canadian Solar (CSIQ) Interest Coverage Ratio (2012 - 2025)
Canadian Solar (CSIQ) recorded quarterly Interest Coverage Ratio of 1.32 in Q4 2025, up 269.75% on a QoQ basis from 0.78 in Q3 2025, and down 63.18% year-over-year from 3.59 in Q4 2024.
Canadian Solar (CSIQ) Interest Coverage Ratio (2012 - 2025) Analysis & Trends
Canadian Solar has disclosed Interest Coverage Ratio across 14 years of filings, most recently posting 1.32 for Q4 2025.
- Quarterly Interest Coverage Ratio fell 63.18% year-over-year to 1.32 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.24 (down 210.69% YoY) and the FY2025 annual result came in at 0.2, up 9.75% from the prior year.
- Interest Coverage Ratio climbed to 1.32 in Q4 2025, from 0.78 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 3.59 in Q4 2024 and troughed at 7.36 in Q2 2023.
- A 5-year average of 2.44 and a median of 2.28 in 2021 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio soared 20790.45% — and 2025, when it slumped 8955.11%.
- Tracing CSIQ's Interest Coverage Ratio over 5 years: stood at 4.34 in 2021, then plunged by 54.86% to 6.72 in 2022, then soared by 99.74% to 0.02 in 2023, then surged by 20790.45% to 3.59 in 2024, then plunged by 63.18% to 1.32 in 2025.
- Business Quant data shows CSIQ's Interest Coverage Ratio at 1.32 in Q4 2025, 0.78 in Q3 2025, and 2.84 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 45.35 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -46.83 |
| 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 | 2.66 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 1.28 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -2,410.00 |
| 10 | Canadian Solar | 41,875.00 | 578.43 Mn | 124.40 Mn | 1.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.32 |
| Sep 30, 2025 | -0.78 |
| Jun 30, 2025 | -2.84 |
| Mar 31, 2025 | 1.35 |
| Dec 31, 2024 | 3.59 |
| Sep 30, 2024 | -0.01 |
| Jun 30, 2024 | -1.44 |
| Mar 31, 2024 | -1.41 |
| Dec 31, 2023 | -0.02 |
| Sep 30, 2023 | -2.77 |
| Jun 30, 2023 | -7.36 |
| Mar 31, 2023 | -7.12 |
| Dec 31, 2022 | -6.72 |
| Sep 30, 2022 | -4.65 |
| Jun 30, 2022 | -5.89 |
| Mar 31, 2022 | -1.01 |
| Dec 31, 2021 | -4.34 |
| Sep 30, 2021 | -4.04 |
| Jun 30, 2021 | -1.78 |
| Mar 31, 2021 | -2.96 |