Canadian Solar Inc. (LON:0XGH)

Canadian 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,856	1,701	1,939	981.43	869.83	1,179
Short-Term Investments	-	93.66	19.32	22.08	20.2	15.06
Cash & Short-Term Investments	1,856	1,795	1,958	1,004	890.03	1,194
Cash Growth	14.58%	-8.32%	95.12%	12.75%	-25.45%	78.51%
Accounts Receivable	1,092	1,261	1,006	1,029	688.62	437.42
Other Receivables	235.62	403.88	339.75	328.46	471.29	338.66
Receivables	1,327	1,665	1,346	1,357	1,160	776.08
Inventory	1,248	1,207	1,180	1,524	1,192	695.98
Prepaid Expenses	796.17	165.85	127.85	124.53	141.09	106.63
Restricted Cash	388.03	551.39	999.93	978.12	560.63	458.33
Other Current Assets	594	532.84	483.89	657.23	827.8	954.99
Total Current Assets	6,210	5,917	6,095	5,645	4,772	4,186
Property, Plant & Equipment	5,719	5,530	4,277	2,295	1,616	1,343
Long-Term Investments	262.02	257.56	260.18	123.98	98.9	78.29
Other Intangible Assets	32.21	31.03	19.73	17.53	18.99	84.84
Long-Term Deferred Tax Assets	397.15	473.5	263.46	229.23	236.5	170.66
Other Long-Term Assets	2,192	1,302	979.98	726.67	645.69	674.46
Total Assets	14,812	13,512	11,896	9,037	7,388	6,537
Accounts Payable	1,630	1,704	1,692	2,299	1,384	1,226
Accrued Expenses	-	1.44	1.44	1.44	1.44	1.68
Short-Term Debt	2,275	1,647	1,513	1,110	1,593	912.55
Current Portion of Long-Term Debt	-	455.17	291.98	333.52	-	488.53
Current Portion of Leases	24.97	75.61	108.38	24.51	12.19	37.09
Current Unearned Revenue	143.22	417.28	725.81	406.75	234.01	224.48
Other Current Liabilities	1,602	1,118	1,531	1,083	813.33	698.33
Total Current Liabilities	5,676	5,419	5,864	5,259	4,038	3,588
Long-Term Debt	3,894	2,884	1,656	1,071	781.99	669.3
Long-Term Leases	321.31	403.96	188.5	40.09	23.22	15.6
Long-Term Unearned Revenue	-	210.05	52.69	-	-	-
Long-Term Deferred Tax Liabilities	119.79	204.83	82.83	66.63	48.15	49.08
Other Long-Term Liabilities	625.87	239.86	346.31	293.93	370.41	321.73
Total Liabilities	10,636	9,362	8,191	6,730	5,262	4,644
Common Stock	835.54	835.54	835.54	835.54	835.54	687.03
Additional Paid-In Capital	575.45	590.58	292.74	1.13	-	-
Retained Earnings	1,559	1,586	1,550	1,276	1,036	940.3
Comprehensive Income & Other	-115.18	-196.38	-118.74	-170.55	-70.01	-56.92
Total Common Equity	2,855	2,816	2,559	1,942	1,801	1,570
Minority Interest	1,321	1,334	1,146	365.06	325.36	322.36
Shareholders' Equity	4,176	4,150	3,705	2,307	2,126	1,893
Total Liabilities & Equity	14,812	13,512	11,896	9,037	7,388	6,537
Total Debt	6,515	5,466	3,758	2,579	2,410	2,123
Net Cash (Debt)	-4,659	-3,671	-1,800	-1,576	-1,520	-929.27
Net Cash Per Share	-69.53	-54.84	-24.93	-22.14	-22.07	-14.91
Filing Date Shares Outstanding	67.17	66.96	66.16	64.64	64.15	59.87
Total Common Shares Outstanding	67.17	66.95	66.16	64.51	64.02	59.82
Working Capital	534.05	498.17	231.06	385.89	733.68	597.47
Book Value Per Share	42.50	42.05	38.68	30.10	28.13	26.25
Tangible Book Value	2,823	2,784	2,540	1,924	1,782	1,486
Tangible Book Value Per Share	42.02	41.59	38.39	29.83	27.84	24.83
Land	-	56.23	45.4	39.29	31.69	20.23
Buildings	-	967.76	978.92	764.58	720.37	533.65
Machinery	-	3,975	2,939	1,714	1,653	1,457
Construction In Progress	-	1,342	1,125	568.56	105.66	200.29
Leasehold Improvements	-	188.78	44.28	30.9	32.81	14.8

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