Canadian Solar Stock Today

CSIQ Stock  USD 12.72  0.31  2.50%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Canadian Solar is selling at 12.72 as of the 3rd of December 2024; that is 2.50 percent increase since the beginning of the trading day. The stock's last reported lowest price was 12.37. Canadian Solar has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Canadian Solar are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of December 2022 and ending today, the 3rd of December 2024. Click here to learn more.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
9th of November 2006
Category
Technology
Classification
Information Technology
Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power and battery storage products in Asia, the Americas, Europe, and internationally. The company was incorporated in 2001 and is headquartered in Guelph, Canada. The company has 66.17 M outstanding shares of which 10.36 M shares are currently shorted by private and institutional investors with about 3.8 trading days to cover. More on Canadian Solar

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Canadian Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanXiaohua Qu
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Semiconductors & Semiconductor Equipment, Solar, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.950.64
Way Up
Slightly volatile
Gross Profit Margin0.220.1681
Significantly Up
Very volatile
Total Current Liabilities6.2 B5.9 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.4 B2.3 B
Sufficiently Up
Slightly volatile
Total Assets12.5 B11.9 B
Sufficiently Up
Slightly volatile
Total Current Assets6.4 B6.1 B
Sufficiently Up
Slightly volatile
Debt Levels
Canadian Solar can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canadian Solar's financial leverage. It provides some insight into what part of Canadian Solar's total assets is financed by creditors.
Liquidity
Canadian Solar currently holds 4.48 B in liabilities with Debt to Equity (D/E) ratio of 1.21, which is about average as compared to similar companies. Canadian Solar has a current ratio of 1.18, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about Canadian Solar's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

325.77 Million
Canadian Solar (CSIQ) is traded on NASDAQ Exchange in USA. It is located in 545 Speedvale Avenue West, Guelph, ON, Canada, N1K 1E6 and employs 22,234 people. Canadian Solar is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 841.74 M. Canadian Solar conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 66.17 M outstanding shares of which 10.36 M shares are currently shorted by private and institutional investors with about 3.8 trading days to cover. Canadian Solar currently holds about 1.05 B in cash with 684.62 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.4, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Canadian Solar Probability Of Bankruptcy
Ownership Allocation
Canadian Solar holds a total of 66.17 Million outstanding shares. Over half of Canadian Solar's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Canadian Ownership Details

Canadian Stock Institutional Holders

InstituionRecorded OnShares
Guinness Asset Management Limited2024-09-30
966.2 K
Mirae Asset Global Etfs Holdings Ltd.2024-09-30
759.5 K
Susquehanna International Group, Llp2024-09-30
498.1 K
Simplex Trading, Llc2024-09-30
489.9 K
State Street Corp2024-09-30
486.8 K
Morgan Stanley - Brokerage Accounts2024-09-30
464.6 K
Hpm Partners Llc2024-09-30
428.7 K
Bank Of America Corp2024-06-30
370 K
Millennium Management Llc2024-09-30
338.8 K
Blackrock Inc2024-06-30
5.2 M
Mackenzie Investments2024-09-30
5.2 M
View Canadian Solar Diagnostics

Canadian Solar Historical Income Statement

At this time, Canadian Solar's EBITDA is relatively stable compared to the past year. As of 12/03/2024, Cost Of Revenue is likely to grow to about 6.7 B, though Total Other Income Expense Net is likely to grow to (42.6 M). View More Fundamentals

Canadian Stock Against Markets

Canadian Solar Corporate Executives

Elected by the shareholders, the Canadian Solar's board of directors comprises two types of representatives: Canadian Solar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian Solar's management team and ensure that shareholders' interests are well served. Canadian Solar's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canadian Solar's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for Canadian Stock Analysis

When running Canadian Solar's price analysis, check to measure Canadian 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 Canadian Solar is operating at the current time. Most of Canadian Solar's value examination focuses on studying past and present price action to predict the probability of Canadian 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 Canadian Solar's price. Additionally, you may evaluate how the addition of Canadian Solar to your portfolios can decrease your overall portfolio volatility.