Canadian Solar Inc. (CSIQ)

Canadian Solar Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,169	1,939	981.43	869.83	1,179	668.77
Short-Term Investments	-	19.32	22.08	20.2	15.06	-
Cash & Short-Term Investments	2,169	1,958	1,004	890.03	1,194	668.77
Cash Growth	12.89%	95.12%	12.75%	-25.45%	78.51%	50.32%
Accounts Receivable	1,116	1,006	1,029	688.62	437.42	452.07
Other Receivables	231.12	339.75	328.46	471.29	338.66	140.32
Receivables	1,347	1,346	1,357	1,160	776.08	592.39
Inventory	1,264	1,180	1,524	1,192	695.98	554.07
Prepaid Expenses	354.25	127.68	124.53	141.09	106.63	251.89
Restricted Cash	648.36	999.93	978.12	560.63	458.33	526.72
Other Current Assets	604.72	484.06	657.23	827.8	954.99	659.09
Total Current Assets	6,387	6,095	5,645	4,772	4,186	3,253
Property, Plant & Equipment	5,381	4,277	2,295	1,616	1,343	1,137
Long-Term Investments	242.37	260.18	123.98	98.9	78.29	152.83
Other Intangible Assets	33.29	19.73	17.53	18.99	84.84	83.63
Long-Term Deferred Tax Assets	425.89	263.46	229.23	236.5	170.66	153.96
Other Long-Term Assets	1,310	979.98	726.67	645.69	674.46	687.13
Total Assets	13,780	11,896	9,037	7,388	6,537	5,467
Accounts Payable	1,578	1,692	2,299	1,384	1,226	1,141
Accrued Expenses	-	1.44	1.44	1.44	1.68	-
Short-Term Debt	2,503	1,513	1,110	1,593	912.55	819.03
Current Portion of Long-Term Debt	-	291.98	333.52	-	488.53	400.59
Current Portion of Leases	23.38	108.38	24.51	12.19	37.09	44.77
Current Unearned Revenue	251.93	725.81	406.75	234.01	224.48	155.72
Other Current Liabilities	1,663	1,531	1,083	813.33	698.33	531.22
Total Current Liabilities	6,018	5,864	5,259	4,038	3,588	3,092
Long-Term Debt	2,633	1,656	1,071	781.99	669.3	621.32
Long-Term Leases	205.69	188.5	40.09	23.22	15.6	33.79
Long-Term Unearned Revenue	-	212.68	-	-	-	-
Long-Term Deferred Tax Liabilities	90.37	82.83	66.63	48.15	49.08	56.46
Other Long-Term Liabilities	615.73	186.32	293.93	370.41	321.73	238.58
Total Liabilities	9,563	8,191	6,730	5,262	4,644	4,042
Common Stock	835.54	835.54	835.54	835.54	687.03	703.81
Additional Paid-In Capital	587.05	292.74	1.13	-	-	17.18
Retained Earnings	1,552	1,550	1,276	1,036	940.3	793.6
Treasury Stock	-	-	-	-	-	-11.85
Comprehensive Income & Other	-101.49	-118.74	-170.55	-70.01	-56.92	-109.61
Total Common Equity	2,873	2,559	1,942	1,801	1,570	1,393
Minority Interest	1,344	1,146	365.06	325.36	322.36	31.92
Shareholders' Equity	4,217	3,705	2,307	2,126	1,893	1,425
Total Liabilities & Equity	13,780	11,896	9,037	7,388	6,537	5,467
Total Debt	5,365	3,758	2,579	2,410	2,123	1,919
Net Cash (Debt)	-3,196	-1,800	-1,576	-1,520	-929.27	-1,251
Net Cash Per Share	-46.99	-24.93	-22.14	-22.07	-14.91	-20.58
Filing Date Shares Outstanding	66.93	66.16	64.64	64.15	59.87	59.04
Total Common Shares Outstanding	66.93	66.16	64.51	64.02	59.82	59.37
Working Capital	369.06	231.06	385.89	733.68	597.47	160.94
Book Value Per Share	42.92	38.68	30.10	28.13	26.25	23.46
Tangible Book Value	2,840	2,540	1,924	1,782	1,486	1,310
Tangible Book Value Per Share	42.43	38.39	29.83	27.84	24.83	22.06
Land	-	45.4	39.29	31.69	20.23	20.45
Buildings	-	978.92	764.58	720.37	533.65	453.71
Machinery	-	2,939	1,714	1,653	1,457	1,215
Construction In Progress	-	1,125	568.56	105.66	200.29	61.28
Leasehold Improvements	-	44.28	30.9	32.81	14.8	14.23

Source: S&P Capital IQ. Standard template. Financial Sources.