Canadian Solar (CSIQ) Interest Coverage Ratio (2011 - 2025)
Canadian Solar (CSIQ) posted quarterly Interest Coverage Ratio of 1.32 for Q4 2025, down 63.18% year-on-year 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 reported Interest Coverage Ratio for 15 consecutive years, with 1.32 the latest figure, recorded 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 (up 99.99% YoY) and the FY2025 annual result came in at 0.24, up 260.49% from the prior year.
- Interest Coverage Ratio climbed to 1.32 in Q4 2025 per CSIQ's latest filing, from 0.78 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for CSIQ reached as high as 3.59 in Q4 2024 and fell as low as 8600.51 in Q3 2024.
- A 5-year average of 432.47 and a median of 2.81 in 2023 frame the typical range for Interest Coverage Ratio.
- The largest YoY upside for Interest Coverage Ratio was 20790.45% in 2024 against a maximum downside of 310173.71% in 2024.
- Year by year, Interest Coverage Ratio stood at 4.34 in 2021, then tumbled 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 tumbled by 63.18% to 1.32 in 2025.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.32, 0.78, and 2.84 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 6.14 |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 5.78 |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -1.04 |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -0.66 |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -0.21 |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 2.66 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.32 |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 0.25 |
| 10 | Toyo | 182.74 Mn | 106.10 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 | -8,600.51 |
| 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 |