First Property Plant And Equipment Net vs Short Long Term Debt Total Analysis

FSLR Stock

USD 178.73 3.71 2.12%

First Solar financial indicator trend analysis is much more than just examining First Solar latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Solar is a good investment. Please check the relationship between First Solar Property Plant And Equipment Net and its Short Long Term Debt Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in First Stock, please use our How to Invest in First Solar guide.

Property Plant And Equipment Net vs Short Long Term Debt Total

Property Plant And Equipment Net vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Solar Property Plant And Equipment Net account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between First Solar's Property Plant And Equipment Net and Short Long Term Debt Total is 0.55. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of First Solar, assuming nothing else is changed. The correlation between historical values of First Solar's Property Plant And Equipment Net and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of First Solar are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Property Plant And Equipment Net i.e., First Solar's Property Plant And Equipment Net and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Short Long Term Debt Total

Most indicators from First Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Solar current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in First Stock, please use our How to Invest in First Solar guide.At this time, First Solar's Selling General Administrative is relatively stable compared to the past year. As of 04/27/2024, Tax Provision is likely to grow to about 48.3 M, while Enterprise Value is likely to drop slightly above 5.7 B.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	290.5M	350.6M	414.7M	316.1M
Cost Of Revenue	2.2B	2.5B	2.0B	1.7B

Total Operating Expenses Cost Of Revenue

First Solar fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Gross	Other Current Liab	Total Current Liabilities	Retained Earnings	Accounts Payable	Short Term Investments	Other Current Assets	Other Liab	Long Term Debt
Total Assets		0.35	0.96	0.57	-0.6	0.8	0.75	0.45	0.46	0.74	0.39	0.91	0.48	0.6	0.92	0.6	0.95	0.48	0.51	0.74	0.74	0.61	0.42	0.43	0.51	0.39
Short Long Term Debt Total	0.35		0.19	0.55	0.05	0.15	0.58	-0.13	0.15	0.03	0.85	0.19	0.8	0.54	0.2	0.77	0.3	0.6	0.15	0.37	0.41	0.23	-0.24	-0.23	0.63	0.88
Total Stockholder Equity	0.96	0.19		0.53	-0.69	0.83	0.72	0.55	0.45	0.81	0.22	0.97	0.33	0.54	0.96	0.44	0.92	0.42	0.4	0.6	0.78	0.52	0.53	0.55	0.36	0.24
Property Plant And Equipment Net	0.57	0.55	0.53		-0.43	0.41	0.9	-0.2	-0.15	0.34	0.68	0.5	0.82	0.87	0.43	0.79	0.44	0.97	0.05	0.35	0.87	0.27	0.04	-0.07	0.76	0.28
Net Debt	-0.6	0.05	-0.69	-0.43		-0.9	-0.52	-0.45	-0.15	-0.86	-0.08	-0.74	-0.29	-0.36	-0.69	-0.33	-0.68	-0.4	-0.29	-0.26	-0.68	-0.12	-0.48	-0.27	-0.35	0.14
Cash	0.8	0.15	0.83	0.41	-0.9		0.53	0.46	0.27	0.92	0.16	0.84	0.34	0.32	0.82	0.39	0.86	0.35	0.38	0.43	0.63	0.24	0.5	0.34	0.37	0.21
Non Current Assets Total	0.75	0.58	0.72	0.9	-0.52	0.53		0.19	0.28	0.45	0.71	0.69	0.81	0.93	0.66	0.85	0.63	0.87	0.28	0.55	0.95	0.51	0.1	0.13	0.78	0.32
Non Currrent Assets Other	0.45	-0.13	0.55	-0.2	-0.45	0.46	0.19		0.81	0.52	-0.12	0.61	-0.19	0.06	0.67	0.02	0.56	-0.24	0.56	0.45	0.25	0.4	0.46	0.59	-0.14	-0.06
Other Assets	0.46	0.15	0.45	-0.15	-0.15	0.27	0.28	0.81		0.24	0.13	0.46	0.05	0.18	0.55	0.21	0.47	-0.19	0.56	0.52	0.19	0.63	0.14	0.51	0.12	0.2
Cash And Short Term Investments	0.74	0.03	0.81	0.34	-0.86	0.92	0.45	0.52	0.24		-0.01	0.87	0.2	0.21	0.84	0.27	0.84	0.25	0.35	0.38	0.58	0.33	0.8	0.55	0.28	0.12
Net Receivables	0.39	0.85	0.22	0.68	-0.08	0.16	0.71	-0.12	0.13	-0.01		0.17	0.92	0.76	0.18	0.91	0.33	0.77	0.29	0.46	0.58	0.28	-0.35	-0.39	0.79	0.56
Common Stock Shares Outstanding	0.91	0.19	0.97	0.5	-0.74	0.84	0.69	0.61	0.46	0.87	0.17		0.3	0.49	0.99	0.42	0.91	0.38	0.42	0.57	0.76	0.49	0.63	0.63	0.33	0.24
Non Current Liabilities Total	0.48	0.8	0.33	0.82	-0.29	0.34	0.81	-0.19	0.05	0.2	0.92	0.3		0.79	0.28	0.95	0.41	0.87	0.19	0.41	0.7	0.34	-0.16	-0.28	0.94	0.52
Inventory	0.6	0.54	0.54	0.87	-0.36	0.32	0.93	0.06	0.18	0.21	0.76	0.49	0.79		0.46	0.84	0.46	0.88	0.26	0.52	0.86	0.42	-0.13	-0.09	0.76	0.2
Other Stockholder Equity	0.92	0.2	0.96	0.43	-0.69	0.82	0.66	0.67	0.55	0.84	0.18	0.99	0.28	0.46		0.43	0.93	0.31	0.53	0.66	0.7	0.56	0.6	0.62	0.32	0.27
Total Liab	0.6	0.77	0.44	0.79	-0.33	0.39	0.85	0.02	0.21	0.27	0.91	0.42	0.95	0.84	0.43		0.55	0.83	0.46	0.66	0.72	0.48	-0.08	-0.17	0.92	0.49
Total Current Assets	0.95	0.3	0.92	0.44	-0.68	0.86	0.63	0.56	0.47	0.84	0.33	0.91	0.41	0.46	0.93	0.55		0.36	0.62	0.74	0.66	0.53	0.54	0.42	0.45	0.36
Property Plant And Equipment Gross	0.48	0.6	0.42	0.97	-0.4	0.35	0.87	-0.24	-0.19	0.25	0.77	0.38	0.87	0.88	0.31	0.83	0.36		0.04	0.3	0.84	0.17	-0.1	-0.25	0.79	0.26
Other Current Liab	0.51	0.15	0.4	0.05	-0.29	0.38	0.28	0.56	0.56	0.35	0.29	0.42	0.19	0.26	0.53	0.46	0.62	0.04		0.89	0.18	0.53	0.2	0.22	0.27	0.13
Total Current Liabilities	0.74	0.37	0.6	0.35	-0.26	0.43	0.55	0.45	0.52	0.38	0.46	0.57	0.41	0.52	0.66	0.66	0.74	0.3	0.89		0.41	0.67	0.19	0.21	0.46	0.34
Retained Earnings	0.74	0.41	0.78	0.87	-0.68	0.63	0.95	0.25	0.19	0.58	0.58	0.76	0.7	0.86	0.7	0.72	0.66	0.84	0.18	0.41		0.37	0.24	0.16	0.66	0.16
Accounts Payable	0.61	0.23	0.52	0.27	-0.12	0.24	0.51	0.4	0.63	0.33	0.28	0.49	0.34	0.42	0.56	0.48	0.53	0.17	0.53	0.67	0.37		0.37	0.5	0.5	0.25
Short Term Investments	0.42	-0.24	0.53	0.04	-0.48	0.5	0.1	0.46	0.14	0.8	-0.35	0.63	-0.16	-0.13	0.6	-0.08	0.54	-0.1	0.2	0.19	0.24	0.37		0.72	-0.04	-0.04
Other Current Assets	0.43	-0.23	0.55	-0.07	-0.27	0.34	0.13	0.59	0.51	0.55	-0.39	0.63	-0.28	-0.09	0.62	-0.17	0.42	-0.25	0.22	0.21	0.16	0.5	0.72		-0.17	0.01
Other Liab	0.51	0.63	0.36	0.76	-0.35	0.37	0.78	-0.14	0.12	0.28	0.79	0.33	0.94	0.76	0.32	0.92	0.45	0.79	0.27	0.46	0.66	0.5	-0.04	-0.17		0.36
Long Term Debt	0.39	0.88	0.24	0.28	0.14	0.21	0.32	-0.06	0.2	0.12	0.56	0.24	0.52	0.2	0.27	0.49	0.36	0.26	0.13	0.34	0.16	0.25	-0.04	0.01	0.36

Click cells to compare fundamentals

First Solar Account Relationship Matchups

First Solar fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.5B	7.1B	7.4B	8.3B	10.4B	5.3B
Short Long Term Debt Total	471.7M	279.2M	239.9M	193.5M	624.4M	655.6M
Total Stockholder Equity	5.1B	5.5B	6.0B	5.8B	6.7B	3.8B
Property Plant And Equipment Net	2.7B	2.6B	2.9B	3.5B	4.5B	4.7B
Net Debt	(881.0M)	(947.8M)	(1.2B)	(1.3B)	(1.3B)	(1.3B)
Cash	1.4B	1.2B	1.5B	1.5B	1.9B	1.0B
Non Current Assets Total	3.9B	4.1B	4.2B	4.5B	5.7B	6.0B
Non Currrent Assets Other	1.0B	940.8M	946.0M	588.3M	545.4M	705.6M
Other Assets	1.0B	1.4B	1.1B	777.9M	894.6M	965.4M
Cash And Short Term Investments	2.2B	1.7B	1.8B	2.6B	2.1B	1.4B
Net Receivables	658.5M	292.5M	454.7M	355.0M	1.4B	1.5B
Common Stock Shares Outstanding	105.3M	106.7M	106.9M	106.6M	107.4M	93.0M
Liabilities And Stockholders Equity	7.5B	7.1B	7.4B	8.3B	10.4B	5.3B
Non Current Liabilities Total	1.1B	740.6M	727.3M	1.4B	2.4B	2.5B
Inventory	497.1M	567.6M	666.3M	621.4M	1.0B	1.1B
Other Stockholder Equity	2.8B	2.9B	2.9B	2.9B	2.9B	2.1B
Total Liab	2.4B	1.6B	1.5B	2.4B	3.7B	3.9B
Total Current Assets	3.6B	3.0B	3.2B	3.8B	4.6B	2.5B
Property Plant And Equipment Gross	2.8B	2.4B	2.9B	3.5B	6.2B	6.5B
Other Current Liab	759.4M	433.7M	327.7M	424.2M	578.8M	419.9M
Total Current Liabilities	1.3B	847.4M	726.9M	1.0B	1.3B	813.0M
Retained Earnings	2.3B	2.7B	3.2B	3.1B	4.0B	4.2B
Accounts Payable	218.1M	183.3M	193.4M	341.4M	207.2M	184.8M
Short Term Investments	811.5M	520.1M	375.4M	1.1B	155.5M	147.7M
Other Current Assets	280.0M	251.7M	244.2M	237.1M	33.0M	31.4M
Accumulated Other Comprehensive Income	(79.3M)	(61.7M)	(96.4M)	(191.8M)	(174.1M)	(165.4M)
Other Liab	526.8M	502.9M	345.4M	1.2B	1.3B	1.4B
Long Term Debt	454.2M	237.7M	236.0M	184.3M	464.1M	290.2M
Short Term Debt	17.5M	41.5M	3.9M	9.2M	106.6M	111.9M
Intangible Assets	64.5M	56.1M	45.5M	31.1M	64.5M	82.4M
Property Plant Equipment	2.3B	2.6B	2.9B	3.6B	4.2B	4.4B
Current Deferred Revenue	323.2M	188.8M	201.9M	263.2M	413.6M	215.6M
Net Tangible Assets	5.0B	5.5B	5.9B	5.8B	6.7B	5.1B
Retained Earnings Total Equity	2.4B	2.3B	2.7B	3.2B	3.7B	2.4B
Long Term Debt Total	461.2M	454.2M	237.7M	236.0M	271.4M	337.2M
Capital Surpluse	2.8B	2.8B	2.9B	2.9B	3.3B	2.8B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether First Solar is a strong investment it is important to analyze First Solar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Solar's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:

How To Invest In First

Details

Is First Stock a good investment?

Details

What is First Solar's Net Worth?

Details

Largest Semiconductors & Semiconductor Equipment Companies

View

Largest Information Technology Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in First Stock, please use our How to Invest in First Solar guide.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for First Stock analysis

When running First Solar's price analysis, check to measure First Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Solar is operating at the current time. Most of First Solar's value examination focuses on studying past and present price action to predict the probability of First Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Solar's price. Additionally, you may evaluate how the addition of First Solar to your portfolios can decrease your overall portfolio volatility.

	Portfolio Anywhere Track or share privately all of your investments from the convenience of any device
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	Commodity Channel Use Commodity Channel Index to analyze current equity momentum
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	CEOs Directory Screen CEOs from public companies around the world

Is First Solar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Solar. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

2.058

Earnings Share

7.74

Revenue Per Share

31.075

Quarterly Revenue Growth

0.156

Return On Assets

0.0595

The market value of First Solar is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Solar's value that differs from its market value or its book value, called intrinsic value, which is First Solar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Solar's market value can be influenced by many factors that don't directly affect First Solar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between First Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Solar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

First Property Plant And Equipment Net vs Short Long Term Debt Total Analysis

Property Plant And Equipment Net vs Short Long Term Debt Total

Property Plant And Equipment Net vs Short Long Term Debt Total Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Short Long Term Debt Total

First Solar fundamental ratios Correlations

First Solar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Solar fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for First Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock Shares Outstanding	+ 0.97	Total Stockholder Equity
Property Plant And Equipment Gross	+ 0.97	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.96	Total Assets
Other Stockholder Equity	+ 0.96	Total Stockholder Equity
Total Current Assets	+ 0.95	Total Assets

Cash	- 0.9	Net Debt
Cash And Short Term Investments	- 0.86	Net Debt
Common Stock Shares Outstanding	- 0.74	Net Debt
Other Stockholder Equity	- 0.69	Net Debt
Net Debt	- 0.69	Total Stockholder Equity
Retained Earnings	- 0.68	Net Debt