First Solar, Inc. (BMV:FSLR)

First Solar Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	837.64	1,621	1,947	1,481	1,451	1,227
Short-Term Investments	53.12	171.58	155.5	1,097	375.39	520.07
Cash & Short-Term Investments	890.76	1,793	2,102	2,578	1,826	1,747
Cash Growth	-55.24%	-14.72%	-18.44%	41.18%	4.52%	-19.28%
Accounts Receivable	1,606	1,261	660.78	324.34	454.71	292.46
Other Receivables	214.39	525.89	725.05	5.27	-	-
Receivables	1,820	1,787	1,386	329.61	454.71	292.46
Inventory	1,286	1,299	968.12	735.8	778.37	666.44
Prepaid Expenses	-	75.25	62.48	43.26	28.23	26
Restricted Cash	-	8.26	8.26	3.18	1.53	1.75
Other Current Assets	577.24	127.05	107.64	101.59	102.36	280.82
Total Current Assets	4,574	5,089	4,635	3,791	3,191	3,015
Property, Plant & Equipment	5,638	5,557	4,499	3,630	3,074	2,872
Goodwill	29.71	28.34	29.69	14.46	14.46	14.46
Other Intangible Assets	52.64	54.65	64.51	31.11	45.51	56.14
Long-Term Accounts Receivable	-	94.37	-	-	42.13	22.72
Long-Term Deferred Tax Assets	204.44	208.81	142.82	78.68	59.16	104.1
Other Long-Term Assets	1,618	1,092	994.55	705.47	986.81	1,025
Total Assets	12,117	12,124	10,365	8,251	7,414	7,109
Accounts Payable	427.8	482.19	207.18	341.41	193.37	183.35
Accrued Expenses	555.15	310.27	308.68	223.35	192.11	170.31
Short-Term Debt	-	145.6	60.83	-	-	-
Current Portion of Long-Term Debt	197.2	90.82	35.41	-	3.9	41.54
Current Portion of Leases	-	13.28	10.36	9.19	12.78	14.01
Current Income Taxes Payable	81.61	77.36	22.13	29.4	4.54	14.57
Current Unearned Revenue	1,042	712	413.58	263.22	201.87	188.81
Other Current Liabilities	68.05	245.92	248	171.49	118.31	234.81
Total Current Liabilities	2,372	2,077	1,306	1,038	726.88	847.4
Long-Term Debt	327.94	373.35	464.07	184.35	236.01	237.69
Long-Term Leases	-	95.74	53.73	40.59	145.91	189.03
Long-Term Unearned Revenue	859.41	1,328	1,592	944.73	95.94	44.92
Long-Term Deferred Tax Liabilities	-	54.7	42.77	28.93	27.7	23.67
Other Long-Term Liabilities	370.27	217.72	219.34	178.53	221.76	245.29
Total Liabilities	3,929	4,147	3,678	2,415	1,454	1,588
Common Stock	0.11	0.11	0.11	0.11	0.11	0.11
Additional Paid-In Capital	2,886	2,898	2,890	2,887	2,871	2,867
Retained Earnings	5,473	5,263	3,971	3,140	3,184	2,716
Comprehensive Income & Other	-171.07	-184.06	-174.13	-191.82	-96.36	-61.73
Shareholders' Equity	8,187	7,978	6,687	5,836	5,960	5,521
Total Liabilities & Equity	12,117	12,124	10,365	8,251	7,414	7,109
Total Debt	525.14	718.8	624.39	234.13	398.59	482.27
Net Cash (Debt)	365.62	1,074	1,478	2,344	1,427	1,265
Net Cash Growth	-72.06%	-27.33%	-36.94%	64.20%	12.86%	-18.99%
Net Cash Per Share	3.40	9.99	13.77	22.00	13.35	11.86
Filing Date Shares Outstanding	107.24	107.06	106.85	106.61	106.33	105.99
Total Common Shares Outstanding	107.24	107.06	106.85	106.61	106.33	105.98
Working Capital	2,202	3,012	3,329	2,753	2,464	2,167
Book Value Per Share	76.34	74.51	62.59	54.74	56.05	52.09
Tangible Book Value	8,105	7,895	6,593	5,790	5,900	5,450
Tangible Book Value Per Share	75.58	73.74	61.71	54.32	55.48	51.43
Land	-	38.88	35.36	35.26	18.36	14.5
Buildings	-	1,585	1,037	893.05	693.29	693.76
Machinery	-	4,982	3,755	2,909	2,949	2,626
Construction In Progress	-	858.54	1,224	1,122	461.71	419.77
Leasehold Improvements	-	40.3	40.08	40.16	40.52	41.46

Source: S&P Global Market Intelligence. Standard template. Financial Sources.