First Solar (FSLR) Notes Payables (2013 - 2023)
First Solar's (FSLR) quarterly Notes Payables came in at $12.9 million in Q2 2023, up 74.67% YoY from $7.4 million in Q2 2022, and up 89.42% on a QoQ basis from $6.8 million in Q1 2023.
First Solar (FSLR) Notes Payables (2013 - 2023) Analysis & Trends
First Solar (FSLR) has 10 years of Notes Payables data on file, last reported at $12.9 million in 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 advanced to $12.9 million in Q2 2023, from $6.8 million in the prior quarter.
- In the past five years, Notes Payables ranged from a high of $12.9 million in Q3 2022 to a low of $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 plunged 76.8% — and 2022, when it soared 649.53%.
- Tracing FSLR's Notes Payables over 5 years: stood at $2.6 million in 2019, then jumped by 104.49% to $5.3 million in 2020, then plunged by 32.77% to $3.6 million in 2021, then jumped by 87.83% to $6.7 million in 2022, then soared by 93.09% to $12.9 million in 2023.
- The last three Notes Payables figures came in at $12.9 million (Q2 2023), $6.8 million (Q1 2023), and $6.7 million (Q4 2022), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 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 |