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
DateValue
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