First Solar (FSLR) Notes Payables (2013 - 2023)
First Solar (FSLR) posted Notes Payables of $12.9 million for Q2 2023, up 89.42% on a QoQ basis from $6.8 million in Q1 2023, and up 74.67% year-over-year from $7.4 million in Q2 2022.
First Solar (FSLR) Notes Payables (2013 - 2023) Analysis & Trends
First Solar's Notes Payables history runs 10 years deep, the most recent figure standing at $12.9 million for Q2 2023.
- Quarterly Notes Payables rose 74.67% year-over-year to $12.9 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $12.9 million (up 74.67% YoY) and the FY2022 annual result came in at $6.7 million, up 87.83% from the prior year.
- Notes Payables was $12.9 million for Q2 2023 at First Solar, up from $6.8 million in the prior quarter.
- Across five years, Notes Payables topped out at $12.9 million in Q3 2022 and bottomed at $1.2 million in Q2 2020.
- A 5-year average of $4.8 million and a median of $3.4 million in 2019 frame the typical range for Notes Payables.
- Annual changes were most pronounced in 2020 — Notes Payables tumbled 76.8% — and 2022, when it soared 649.53%.
- First Solar's Notes Payables stood at $2.6 million in 2019, then soared by 104.49% to $5.3 million in 2020, then slumped by 32.77% to $3.6 million in 2021, then soared by 87.83% to $6.7 million in 2022, then surged by 93.09% to $12.9 million in 2023.
- Business Quant data shows FSLR's Notes Payables at $12.9 million in Q2 2023, $6.8 million in Q1 2023, and $6.7 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 12.88 Mn |
| Mar 31, 2023 | 6.80 Mn |
| Dec 31, 2022 | 6.67 Mn |
| Sep 30, 2022 | 12.89 Mn |
| Jun 30, 2022 | 7.37 Mn |
| Mar 31, 2022 | 3.79 Mn |
| Dec 31, 2021 | 3.55 Mn |
| Sep 30, 2021 | 1.72 Mn |
| Jun 30, 2021 | 2.85 Mn |
| Mar 31, 2021 | 2.94 Mn |
| Dec 31, 2020 | 5.28 Mn |
| Sep 30, 2020 | 3.12 Mn |
| Jun 30, 2020 | 1.22 Mn |
| Mar 31, 2020 | 1.61 Mn |
| Dec 31, 2019 | 2.58 Mn |
| Sep 30, 2019 | 3.24 Mn |
| Jun 30, 2019 | 5.26 Mn |
| Mar 31, 2019 | 2.11 Mn |
| Dec 31, 2018 | 7.29 Mn |
| Dec 31, 2016 | 115.62 Mn |