Canadian Solar (CSIQ) Interest Coverage Ratio (2009 - 2026)
Canadian Solar's Interest Coverage Ratio was -1.12 in Q2 2026, compared with 2.84 a year earlier.
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Analysis
Canadian Solar (CSIQ) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Canadian Solar's Interest Coverage Ratio was -0.13 through Jun 30, 2026; for FY2025, it was 0.24.
- In earlier years, Interest Coverage Ratio was -0.22 in FY2024, 3.97 in FY2023 (-17.1%), 4.79 in FY2022 (+46.4%) and 3.27 in FY2021 (+6.7%).
- Quarterly Interest Coverage Ratio has moved between -3.59 (Q4 2024) and 7.36 (Q2 2023) over five years.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q1 2023 (growth of 602.3%); the worst was Q4 2023 (a decline of 99.7%).
- Per Business Quant data, CSIQ's Interest Coverage Ratio in the three quarters before Q2 2026 was 1.39 (Q1 2026), -1.32 (Q4 2025) and 0.78 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 8.95 |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 20.46 |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 80.96 |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 21.60 |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 12.54 |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 14.29 |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 157.55 |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 2.13 |
| 10 | Canadian Solar | 781.17 Mn | -5.03 Bn | 168.48 Mn | -1.12 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.12 |
| Mar 31, 2026 | 1.39 |
| 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 |
API Access
Canadian Solar Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=CSIQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "CSIQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=CSIQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();