Canadian Solar Inc (CSIQ)
11.30
-0.50
(-4.24%)
USD |
NASDAQ |
Nov 21, 16:00
11.34
+0.04
(+0.35%)
After-Hours: 20:00
Canadian Solar Debt to Equity Ratio: 1.807 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 1.807 |
| March 31, 2024 | 1.994 |
| December 31, 2023 | 1.695 |
| September 30, 2023 | 1.776 |
| June 30, 2023 | 1.979 |
| March 31, 2023 | 2.184 |
| December 31, 2022 | 2.064 |
| September 30, 2022 | 2.214 |
| June 30, 2022 | 2.203 |
| March 31, 2022 | 2.158 |
| December 31, 2021 | 1.789 |
| September 30, 2021 | 1.756 |
| June 30, 2021 | 1.775 |
| March 31, 2021 | 1.823 |
| December 31, 2020 | 1.771 |
| September 30, 2020 | 1.836 |
| June 30, 2020 | 1.491 |
| March 31, 2020 | 1.558 |
| December 31, 2019 | 1.711 |
| September 30, 2019 | 1.748 |
| June 30, 2019 | 1.673 |
| March 31, 2019 | 1.811 |
| December 31, 2018 | 1.782 |
| September 30, 2018 | 1.831 |
| June 30, 2018 | 2.204 |
| Date | Value |
|---|---|
| March 31, 2018 | 2.094 |
| December 31, 2017 | 2.966 |
| September 30, 2017 | 2.677 |
| June 30, 2017 | 2.703 |
| March 31, 2017 | 2.753 |
| December 31, 2016 | 2.992 |
| September 30, 2016 | 2.580 |
| June 30, 2016 | 2.540 |
| March 31, 2016 | 2.579 |
| December 31, 2015 | 2.910 |
| September 30, 2015 | 2.886 |
| June 30, 2015 | 1.844 |
| March 31, 2015 | 1.568 |
| December 31, 2014 | 1.951 |
| September 30, 2014 | 1.562 |
| June 30, 2014 | 2.101 |
| March 31, 2014 | 2.254 |
| December 31, 2013 | 3.299 |
| September 30, 2013 | 3.43 |
| June 30, 2013 | 3.848 |
| March 31, 2013 | 4.099 |
| December 31, 2012 | 4.485 |
| September 30, 2012 | 2.846 |
| June 30, 2012 | 2.469 |
| March 31, 2012 | 2.112 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.491
Minimum
Jun 2020
2.214
Maximum
Sep 2022
1.873
Average
1.807
Median
Jun 2024
Debt to Equity Ratio Benchmarks
| P2 Solar Inc | -0.7132 |
| First Solar Inc | 0.0766 |
| SolarEdge Technologies Inc | 0.7063 |
| Enphase Energy Inc | 1.396 |
| Analog Devices Inc | 0.2302 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 12.14B |
| Total Liabilities (Quarterly) | 8.350B |
| Shareholders Equity (Quarterly) | 2.656B |
| Current Ratio | 1.036 |
| Net Debt Paydown Yield | -6.74% |