Canadian Solar (CSIQ) Interest Coverage Ratio (2012 - 2025)
Canadian Solar (CSIQ) reported 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% quarter-over-quarter from 0.78 in Q3 2025.
Canadian Solar (CSIQ) has 14 years of Interest Coverage Ratio data on file, last reported at 1.32 in Q4 2025.
- For the quarter ending Q4 2025, Interest Coverage Ratio fell 63.18% year-over-year to 1.32; the trailing twelve-month figure through Dec 2025 stood at 0.24 (down 210.69% YoY), and the FY2025 full-year result was 0.2, up 9.75% from the prior year.
- Interest Coverage Ratio for Q4 2025 stood at 1.32, up from 0.78 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 3.59 in Q4 2024 and bottomed 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.
- Across the five-year window, Interest Coverage Ratio soared 20790.45% in 2024 and plunged 8955.11% in 2025, its largest moves.
- Tracing CSIQ's Interest Coverage Ratio over 5 years: 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 45.35 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.32 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -46.83 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.66 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 1.28 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | -2,410.00 |
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 |
| Dec 31, 2020 | -0.14 |
| Sep 30, 2020 | -3.30 |
| Jun 30, 2020 | -2.68 |
| Mar 31, 2020 | -5.97 |
| Dec 31, 2019 | 5.65 |
| Sep 30, 2019 | 4.16 |
| Jun 30, 2019 | 2.94 |
| Mar 31, 2019 | 0.30 |
| Dec 31, 2018 | 5.94 |
| Sep 30, 2018 | -3.57 |
| Jun 30, 2018 | -2.03 |
| Mar 31, 2018 | 2.64 |
| Dec 31, 2017 | -3.89 |
| Sep 30, 2017 | -1.72 |
| Jun 30, 2017 | 3.13 |
| Mar 31, 2017 | -0.10 |
| Dec 31, 2016 | -0.51 |
| Sep 30, 2016 | -1.43 |
| Jun 30, 2016 | -3.33 |
| Mar 31, 2016 | 2.38 |
| Dec 31, 2015 | 6.17 |
| Sep 30, 2015 | -2.37 |
| Jun 30, 2015 | -2.52 |
| Mar 31, 2015 | -7.03 |
| Dec 31, 2014 | 9.58 |
| Sep 30, 2014 | -13.02 |
| Jun 30, 2014 | 5.29 |
| Mar 31, 2014 | 2.21 |
| Dec 31, 2013 | -4.55 |
| Sep 30, 2013 | -4.70 |
| Jun 30, 2013 | 1.24 |
| Mar 31, 2013 | 0.12 |
| Dec 31, 2012 | -0.95 |