Canadian Solar Inc
NASDAQ:CSIQ

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Canadian Solar Inc
NASDAQ:CSIQ
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Price: 11.48 USD 1.59% Market Closed
Market Cap: 759.7m USD
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Balance Sheet

Balance Sheet Decomposition
Canadian Solar Inc

Current Assets 5.8B
Cash & Short-Term Investments 1.6B
Receivables 1.4B
Other Current Assets 2.8B
Non-Current Assets 6.4B
Long-Term Investments 227.7m
PP&E 4.6B
Intangibles 33.9m
Other Non-Current Assets 1.5B
Current Liabilities 5.6B
Accounts Payable 842.1m
Accrued Liabilities 18m
Short-Term Debt 765.5m
Other Current Liabilities 4B
Non-Current Liabilities 3.9B
Long-Term Debt 2B
Other Non-Current Liabilities 1.9B

Balance Sheet
Canadian Solar Inc

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Balance Sheet
Currency: USD
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
550
553
511
562
444
669
1 179
870
981
1 939
Cash Equivalents
550
553
511
562
444
669
1 179
870
981
1 939
Total Receivables
419
584
478
480
622
592
546
888
1 236
1 210
Accounts Receivables
394
435
404
359
498
452
437
689
1 029
1 006
Other Receivables
24
149
75
121
124
140
108
199
207
203
Inventory
432
334
295
346
262
554
696
1 192
1 524
1 180
Other Current Assets
915
792
2 506
2 698
1 746
1 438
1 765
1 822
1 903
1 767
Total Current Assets
2 316
2 264
3 791
4 085
3 074
3 253
4 186
4 772
5 645
6 095
PP&E Net
469
1 531
574
811
940
1 137
1 343
1 545
2 295
4 277
PP&E Gross
469
1 531
574
811
940
1 137
1 343
1 545
2 295
4 277
Accumulated Depreciation
351
414
434
485
537
666
910
1 077
926
1 093
Intangible Assets
7
79
8
11
15
23
22
19
18
20
Goodwill
0
8
8
6
1
0
0
0
0
0
Note Receivable
0
0
0
0
0
0
0
0
33
32
Long-Term Investments
39
187
368
414
126
153
78
99
116
237
Other Long-Term Assets
242
345
657
562
736
902
908
953
931
1 234
Other Assets
0
8
8
6
1
0
0
0
0
0
Total Assets
3 072
N/A
4 414
+44%
5 407
+22%
5 890
+9%
4 893
-17%
5 467
+12%
6 537
+20%
7 388
+13%
9 037
+22%
11 896
+32%
Liabilities
Accounts Payable
413
513
440
403
379
586
515
503
805
814
Accrued Liabilities
0
0
0
0
0
19
15
12
10
20
Short-Term Debt
388
473
428
573
497
1 364
1 623
1 974
1 493
878
Current Portion of Long-Term Debt
726
1 157
1 600
1 958
1 294
426
510
519
1 459
1 893
Other Current Liabilities
423
514
1 253
1 175
778
697
925
1 030
1 492
2 259
Total Current Liabilities
1 949
2 656
3 721
4 108
2 948
3 092
3 588
4 038
5 259
5 864
Long-Term Debt
284
753
619
531
394
633
672
780
1 054
1 727
Deferred Income Tax
10
19
23
6
36
56
49
48
67
83
Minority Interest
15
14
15
28
47
32
322
325
365
1 146
Other Liabilities
96
153
144
185
242
261
335
396
351
517
Total Liabilities
2 356
N/A
3 595
+53%
4 522
+26%
4 857
+7%
3 667
-25%
4 074
+11%
4 966
+22%
5 587
+13%
7 095
+27%
9 337
+32%
Equity
Common Stock
675
677
701
702
703
704
687
836
836
836
Retained Earnings
47
219
284
384
622
794
940
1 036
1 276
1 550
Additional Paid In Capital
26
17
9
0
11
17
28
19
1
293
Treasury Stock
0
0
0
0
0
12
0
0
0
0
Other Equity
20
60
92
54
110
110
29
51
171
119
Total Equity
717
N/A
819
+14%
885
+8%
1 032
+17%
1 225
+19%
1 393
+14%
1 570
+13%
1 801
+15%
1 942
+8%
2 559
+32%
Total Liabilities & Equity
3 072
N/A
4 414
+44%
5 407
+22%
5 890
+9%
4 893
-17%
5 467
+12%
6 537
+20%
7 388
+13%
9 037
+22%
11 896
+32%
Shares Outstanding
Common Shares Outstanding
55
56
58
58
59
59
60
64
65
66

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