KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

First Solar (FSLR) Debt Ratio (2016 - 2025)

First Solar (FSLR) has disclosed Debt Ratio for 16 consecutive years, with 0.05 as the latest value for Q4 2024.

  • For the quarter ending Q4 2024, Debt Ratio fell 6.96% year-over-year to 0.05, compared with a TTM value of 0.05 through Dec 2024, down 6.96%, and an annual FY2024 reading of 0.05, down 6.96% over the prior year.
  • Debt Ratio was 0.05 for Q4 2024 at First Solar, up from 0.03 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.07 in Q1 2020 and bottomed at 0.0 in Q2 2020.
  • Average Debt Ratio over 5 years is 0.03, with a median of 0.04 recorded in 2024.
  • The sharpest move saw Debt Ratio crashed 37.42% in 2020, then surged 4793.54% in 2023.
  • Year by year, Debt Ratio stood at 0.04 in 2020, then dropped by 17.74% to 0.03 in 2021, then crashed by 30.86% to 0.02 in 2022, then skyrocketed by 141.95% to 0.05 in 2023, then dropped by 6.96% to 0.05 in 2024.
  • Business Quant data shows Debt Ratio for FSLR at 0.05 in Q4 2024, 0.03 in Q3 2024, and 0.06 in Q1 2024.