Canadian Return On Equity from 2010 to 2024

CSIQ Stock  USD 17.62  0.23  1.32%   
Canadian Solar Return On Equity yearly trend continues to be relatively stable with very little volatility. Return On Equity is likely to grow to 0.15 this year. Return On Equity is a measure of the profitability of Canadian Solar in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.10713598
Current Value
0.15
Quarterly Volatility
0.29980458
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canadian Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian Solar's main balance sheet or income statement drivers, such as Depreciation And Amortization of 322.4 M, Interest Expense of 119.8 M or Selling General Administrative of 318.8 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 9.0E-4 or PTB Ratio of 0.64. Canadian financial statements analysis is a perfect complement when working with Canadian Solar Valuation or Volatility modules.
  
Check out the analysis of Canadian Solar Correlation against competitors.
To learn how to invest in Canadian Stock, please use our How to Invest in Canadian Solar guide.

Latest Canadian Solar's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Canadian Solar over the last few years. Return on Equity is the amount of Canadian Solar net income returned as a percentage of Canadian Solar equity. Return on equity measures Canadian Solar profitability by revealing how much profit Canadian Solar generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Canadian Solar's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian Solar's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.095710 Years Trend
Very volatile
   Return On Equity   
       Timeline  

Canadian Return On Equity Regression Statistics

Arithmetic Mean0.10
Geometric Mean0.16
Coefficient Of Variation285.63
Mean Deviation0.16
Median0.11
Standard Deviation0.30
Sample Variance0.09
Range1.4743
R-Value0.02
Mean Square Error0.1
R-Squared0.0003
Significance0.95
Slope0
Total Sum of Squares1.26

Canadian Return On Equity History

2024 0.15
2023 0.11
2021 0.0529
2020 0.0934
2019 0.12
2018 0.19
2017 0.0965

About Canadian Solar Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Canadian Solar income statement, its balance sheet, and the statement of cash flows. Canadian Solar investors use historical funamental indicators, such as Canadian Solar's Return On Equity, to determine how well the company is positioned to perform in the future. Although Canadian Solar investors may use each financial statement separately, they are all related. The changes in Canadian Solar's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canadian Solar's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Canadian Solar Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Canadian Solar. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.11  0.15 

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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.