Canadian Solar (CSIQ) Interest Coverage Ratio (2011 - 2025)
Canadian Solar's (CSIQ) quarterly Interest Coverage Ratio came in at 1.32 in Q4 2025, down 63.18% YoY from 3.59 in Q4 2024, and up 269.75% on a QoQ basis from 0.78 in Q3 2025.
Canadian Solar (CSIQ) Interest Coverage Ratio (2011 - 2025) Analysis & Trends
Canadian Solar (CSIQ) has 15 years of Interest Coverage Ratio data on file, last reported at 1.32 in 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 0.24, up 260.49% from the prior year.
- Interest Coverage Ratio rose to 1.32 in Q4 2025, from 0.78 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 3.59 in Q4 2024 to a low of 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 slumped by 54.86% to 6.72 in 2022, then jumped by 99.74% to 0.02 in 2023, then soared by 20790.45% to 3.59 in 2024, then slumped by 63.18% to 1.32 in 2025.
- The last three Interest Coverage Ratio figures came in at 1.32 (Q4 2025), 0.78 (Q3 2025), and 2.84 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.15 Bn | 21.43 Bn | 605.00 Mn | 80.96 |
| 2 | Nextpower | 12.97 Bn | 11.76 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 157.55 |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -1.30 |
| 6 | Shoals Technologies | 1.20 Bn | 1.19 Bn | 49.53 Mn | 5.39 |
| 7 | Canadian Solar | 978.86 Mn | -609.42 Mn | 124.40 Mn | 1.32 |
| 8 | JinkoSolar Holding | 838.18 Mn | -2.47 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 6.01 |
| 10 | Toyo | 179.35 Mn | 102.71 Mn | 47.76 Mn | -46.19 |
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 |