First Solar, Inc. (FSLR)

First 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	1,005	1,947	1,481	1,451	1,227	1,353
Short-Term Investments	264.69	155.5	1,097	375.39	520.07	811.51
Cash & Short-Term Investments	1,270	2,102	2,578	1,826	1,747	2,164
Cash Growth	-30.32%	-18.44%	41.18%	4.52%	-19.28%	-15.04%
Accounts Receivable	762.14	660.78	324.34	454.71	292.46	658.51
Other Receivables	120.12	725.05	5.27	-	-	29.91
Receivables	882.26	1,386	329.61	454.71	292.46	712.29
Inventory	1,452	968.12	735.8	778.37	666.44	497.1
Prepaid Expenses	74.99	62.48	43.26	28.23	26	137.93
Restricted Cash	8.26	8.26	3.18	1.53	1.75	13.7
Other Current Assets	130.52	107.64	101.59	102.36	280.82	74.57
Total Current Assets	3,818	4,635	3,791	3,191	3,015	3,600
Property, Plant & Equipment	5,474	4,499	3,630	3,074	2,872	2,804
Goodwill	29.59	29.69	14.46	14.46	14.46	14.46
Other Intangible Assets	56.65	64.51	31.11	45.51	56.14	64.54
Long-Term Accounts Receivable	-	-	-	42.13	22.72	-
Long-Term Deferred Tax Assets	237.87	142.82	78.68	59.16	104.1	130.77
Other Long-Term Assets	1,821	994.55	705.47	986.81	1,025	894.05
Total Assets	11,437	10,365	8,251	7,414	7,109	7,516
Accounts Payable	265.32	207.18	341.41	193.37	183.35	218.08
Accrued Expenses	250.61	308.68	223.35	192.11	170.31	197.16
Short-Term Debt	117.45	60.83	-	-	-	-
Current Portion of Long-Term Debt	90.81	35.41	-	3.9	41.54	17.92
Current Portion of Leases	13.31	10.36	9.19	12.78	14.01	11.1
Current Income Taxes Payable	98.45	22.13	29.4	4.54	14.57	17.01
Current Unearned Revenue	645.05	413.58	263.22	201.87	188.81	323.22
Other Current Liabilities	301.17	248	171.49	118.31	234.81	533.72
Total Current Liabilities	1,782	1,306	1,038	726.88	847.4	1,318
Long-Term Debt	373.32	464.07	184.35	236.01	237.69	461.4
Long-Term Leases	99.25	53.73	40.59	145.91	189.03	112.52
Long-Term Unearned Revenue	1,320	1,592	944.73	95.94	44.92	71.44
Long-Term Deferred Tax Liabilities	52.94	42.77	28.93	27.7	23.67	6.49
Other Long-Term Liabilities	214.99	219.34	178.53	221.76	245.29	448.87
Total Liabilities	3,843	3,678	2,415	1,454	1,588	2,419
Common Stock	0.11	0.11	0.11	0.11	0.11	0.11
Additional Paid-In Capital	2,892	2,890	2,887	2,871	2,867	2,849
Retained Earnings	4,870	3,971	3,140	3,184	2,716	2,327
Comprehensive Income & Other	-168.86	-174.13	-191.82	-96.36	-61.73	-79.33
Shareholders' Equity	7,594	6,687	5,836	5,960	5,521	5,097
Total Liabilities & Equity	11,437	10,365	8,251	7,414	7,109	7,516
Total Debt	694.14	624.39	234.13	398.59	482.27	602.93
Net Cash (Debt)	575.68	1,478	2,344	1,427	1,265	1,561
Net Cash Growth	-55.00%	-36.94%	64.20%	12.86%	-18.99%	-24.61%
Net Cash Per Share	5.35	13.77	22.00	13.35	11.86	14.83
Filing Date Shares Outstanding	107.06	106.85	106.61	106.33	105.99	105.46
Total Common Shares Outstanding	107.06	106.85	106.61	106.33	105.98	105.45
Working Capital	2,036	3,329	2,753	2,464	2,167	2,282
Book Value Per Share	70.93	62.59	54.74	56.05	52.09	48.33
Tangible Book Value	7,507	6,593	5,790	5,900	5,450	5,018
Tangible Book Value Per Share	70.12	61.71	54.32	55.48	51.43	47.58
Land	39.05	35.36	35.26	18.36	14.5	14.24
Buildings	1,582	1,037	893.05	693.29	693.76	664.27
Machinery	4,619	3,755	2,909	2,949	2,626	3,127
Construction In Progress	1,023	1,224	1,122	461.71	419.77	243.11
Leasehold Improvements	40.33	40.08	40.16	40.52	41.46	48.77

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