Canadian Solar Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2,169	2,253	2,939	1,960	1,430	1,637
Cash & Short-Term Investments	2,169	2,253	2,939	1,960	1,430	1,637
Cash Growth	-23.00%	-23.34%	49.96%	36.99%	-12.62%	36.94%
Accounts Receivable	1,050	1,261	1,006	1,029	688.62	437.42
Other Receivables	5.72	5.22	40.58	48.61	73.04	5.83
Total Trade Receivables	1,055	1,267	1,047	1,077	761.66	443.25
Inventory	1,244	1,207	1,180	1,524	1,192	695.98
Other Current Assets	1,917	1,191	930.23	1,084	1,387	1,410
Total Current Assets	6,385	5,917	6,095	5,645	4,772	4,186
Net Property, Plant & Equipment	5,789	5,530	4,277	2,295	1,616	1,343
Other Intangible Assets	31.99	31.03	19.73	17.53	18.99	84.84
Long-Term Investments	276.08	232.98	236.93	115.78	98.82	78.29
Other Long-Term Assets	2,675	1,800	1,267	964.1	882.07	845.11
Total Assets	15,157	13,512	11,896	9,037	7,388	6,537
Accounts Payable	1,070	1,063	813.68	805.3	503	514.74
Short-Term Debt	2,428	1,873	1,805	1,444	1,593	1,202
Current Portion of Long-Term Debt	870.85	866.43	1,063	1,493	881.18	909.43
Current Portion of Leases	25.89	21.33	20.2	9.81	12.19	15.2
Unearned Revenue	221.65	204.83	392.31	334.94	135.51	189.47
Other Current Liabilities	1,351	1,390	1,955	1,172	913.4	757.22
Total Current Liabilities	5,968	5,419	5,864	5,259	4,038	3,588
Long-Term Debt	3,729	2,878	1,655	1,071	748.31	669.3
Long-Term Leases	344.66	271.85	116.85	25.71	23.22	13.23
Other Long-Term Liabilities	755.6	792.9	554.28	374.93	452.23	373.18
Total Long-Term Liabilities	4,830	3,943	2,326	1,472	1,224	1,056
Total Liabilities	10,798	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	579.55	590.58	590.58	1.13	-19.43	-28.24
Accumulated Other Comprehensive Income	-114.81	-196.38	-118.74	-170.55	-50.58	-28.68
Retained Earnings	1,568	1,586	1,550	1,276	1,036	940.3
Total Common Shareholders' Equity	2,868	2,816	2,857	1,942	1,801	1,570
Minority Interest	1,121	1,086	1,146	365.06	325.36	322.36
Shareholders' Equity	3,990	3,902	3,705	2,307	2,126	1,893
Total Liabilities & Equity	15,157	13,512	11,896	9,037	7,388	6,537
Total Debt	7,399	5,911	4,660	4,044	3,258	2,809
Net Cash (Debt)	-5,230	-3,658	-1,721	-2,084	-1,827	-1,172
Net Cash Per Share	-76.04	-54.65	-23.84	-29.28	-26.53	-18.82
Book Value	2,868	2,816	2,857	1,942	1,801	1,570
Book Value Per Share	41.70	42.06	39.58	27.28	26.15	25.20
Tangible Book Value	2,836	2,784	2,837	1,924	1,782	1,486
Tangible Book Value Per Share	41.24	41.60	39.30	27.03	25.88	23.84

Updated Sep 30, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.