First Solar Current Ratio:
2.028 for March 31, 2013First Solar Historical Current Ratio Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| March 31, 2013 | 2.028 |
| Dec. 31, 2012 | 2.572 |
| Sept. 30, 2012 | 2.378 |
| June 30, 2012 | 2.561 |
| March 31, 2012 | 2.477 |
| Dec. 31, 2011 | 2.684 |
| Sept. 30, 2011 | 3.254 |
| June 30, 2011 | 3.102 |
| March 31, 2011 | 2.967 |
| Dec. 31, 2010 | 3.374 |
| Sept. 30, 2010 | 3.528 |
| June 30, 2010 | 4.969 |
| March 31, 2010 | 4.356 |
| Dec. 31, 2009 | 3.422 |
| Sept. 30, 2009 | 3.471 |
| June 30, 2009 | 3.399 |
| March 31, 2009 | 3.925 |
| Dec. 31, 2008 | 2.822 |
| Sept. 30, 2008 | 3.234 |
| June 30, 2008 | 3.003 |
| March 31, 2008 | Go Pro |
| Dec. 31, 2007 | Go Pro |
| Sept. 30, 2007 | Go Pro |
| June 30, 2007 | Go Pro |
| March 31, 2007 | Go Pro |
| Dec. 31, 2006 | Go Pro |
| Sept. 30, 2006 | Go Pro |
| June 30, 2006 | Go Pro |
| March 31, 2006 | Go Pro |
| Dec. 31, 2005 | Go Pro |
| Sept. 30, 2005 | Go Pro |
| June 30, 2005 | Go Pro |
| March 31, 2005 | Go Pro |
| Dec. 31, 2004 | Go Pro |
About Current Ratio
The current ratio measures a company's ability to pay short-term debts and other current liabilities (financial obligations lasting less than one year) by comparing current assets to current liabilities. The ratio illustrates a company's ability to remain solvent.
A current ratio of one means that book value of current assets is exactly the same as book value of current liabilities. In general, investors look for a company with a current ratio of 2:1, meaning current assets twice as large as current liabilities. A current ratio less than one indicates the company might have problems meeting short-term financial obligations. If the ratio is too high, the company may not be efficiently using its current assets or short term financing facilities.
Other similar solvency ratios include :
Cash Ratio - Measures the amount of cash that can be used to pay liabilities (most strict)
Quick Ratio - Measures the amount of cash, short term equivalents, and accounts receivables that can be used to pay liabilities (more lenient than cash ratio, but stricter than current ratio)
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FSLR Current Ratio Benchmarks
| Companies | |
|---|---|
| Trina Solar | 1.194 |
| SunPower Corporation | 1.683 |
| LDK Solar Company | 0.3762 |
FSLR Current Ratio Rankings
| Overall |
70th percentile 2238 of 7593 |
| Sector |
43rd percentile 515 of 905 in Technology |
| Industry |
85th percentile 3 of 20 in Solar |
FSLR Current Ratio Range, Past 5 Years
| Minimum | 2.028 | Mar 2013 |
| Maximum | 4.969 | Jun 2010 |
| Average | 3.176 |