Canadian Solar Statistics

Total Valuation

Canadian Solar has a market cap or net worth of $1.04 billion. The enterprise value is $3.32 billion.

Market Cap	1.04B
Enterprise Value	3.32B

Important Dates

The next estimated earnings date is Tuesday, August 20, 2024, before market open.

Earnings Date	Aug 20, 2024
Ex-Dividend Date	n/a

Share Statistics

Canadian Solar has 66.17 million shares outstanding.

Shares Outstanding	66.17M
Owned by Insiders (%)	28.54%
Owned by Institutions (%)	54.03%
Float	43.20M

Valuation Ratios

The trailing PE ratio is 5.50 and the forward PE ratio is 4.84. Canadian Solar's PEG ratio is 0.19.

PE Ratio	5.50
Forward PE	4.84
PS Ratio	0.14
Forward PS	0.12
PB Ratio	0.41
P/FCF Ratio	n/a
PEG Ratio	0.19

Financial Ratio History

Enterprise Valuation

EV / Earnings	16.38
EV / Sales	0.46
EV / EBITDA	n/a
EV / EBIT	8.94
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.02, with a Debt / Equity ratio of 2.05.

Current Ratio	1.02
Quick Ratio	0.72
Debt / Equity	2.05
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	2.89

Financial Efficiency

Return on equity (ROE) is 8.10% and return on invested capital (ROIC) is 3.86%.

Return on Equity (ROE)	8.10%
Return on Assets (ROA)	1.70%
Return on Capital (ROIC)	3.86%
Revenue Per Employee	$325,693
Profits Per Employee	$9,122
Employee Count	22,234
Asset Turnover	0.62
Inventory Turnover	3.93

Taxes

In the past 12 months, Canadian Solar has paid $40.46 million in taxes.

Income Tax	40.46M
Effective Tax Rate	16.63%

Stock Price Statistics

The stock price has decreased by -57.88% in the last 52 weeks. The beta is 1.28, so Canadian Solar's price volatility has been higher than the market average.

Beta (5Y)	1.28
52-Week Price Change	-57.88%
50-Day Moving Average	16.85
200-Day Moving Average	19.85
Relative Strength Index (RSI)	46.78
Average Volume (20 Days)	1,566,552

Short Selling Information

Short Interest	6.56M
Short Previous Month	6.29M
Short % of Shares Out	12.59%
Short % of Float	n/a
Short Ratio (days to cover)	4.69

Income Statement

In the last 12 months, Canadian Solar had revenue of $7.24 billion and earned $202.83 million in profits. Earnings per share was $2.88.

Revenue	7.24B
Gross Profit	1.21B
Operating Income	356.79M
Pretax Income	243.29M
Net Income	202.83M
EBITDA	n/a
EBIT	371.81M
Earnings Per Share (EPS)	$2.88

Full Income Statement

Balance Sheet

The company has $2.90 billion in cash and $5.18 billion in debt, giving a net cash position of -$2.28 billion or -$34.42 per share.

Cash & Cash Equivalents	2.90B
Total Debt	5.18B
Net Cash	-2.28B
Net Cash Per Share	-$34.42
Equity (Book Value)	2.53B
Book Value Per Share	38.23
Working Capital	139.21M

Full Balance Sheet

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Full Cash Flow Statement

Margins

Gross margin is 16.77%, with operating and profit margins of 4.93% and 2.80%.

Gross Margin	16.77%
Operating Margin	4.93%
Pretax Margin	3.36%
Profit Margin	2.80%
EBITDA Margin	n/a
EBIT Margin	5.13%
FCF Margin	n/a

Dividends & Yields

Canadian Solar does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	6.70%
Shareholder Yield	6.70%
Earnings Yield	19.41%
FCF Yield	n/a

Dividend Details

Analyst Forecast

The average price target for Canadian Solar is $27.34, which is 73.15% higher than the current price. The consensus rating is "Buy".

Price Target	$27.34
Price Target Difference	73.15%
Analyst Consensus	Buy
Analyst Count	9
Revenue Growth Forecast (5Y)	4.46%
EPS Growth Forecast (5Y)	8.33%

Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Canadian Solar has an Altman Z-Score of 0.95 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.95
Piotroski F-Score	2