Canadian Solar Stock Number Of Shares Shorted

CSIQ Stock

USD 19.87 0.23 1.17%

Canadian Solar fundamentals help investors to digest information that contributes to Canadian Solar's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian Solar's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canadian Solar stock.

Total Stockholder Equity Total Assets

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Canadian Solar Company Number Of Shares Shorted Analysis

Canadian Solar's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Shares Shorted

Shorted by Public

+

by Institutions

More About Number Of Shares Shorted | All Equity Analysis

Current Canadian Solar Number Of Shares Shorted

7.71 M

Most of Canadian Solar's fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canadian Solar is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Canadian Number Of Shares Shorted Driver Correlations

Understanding the fundamental principles of building solid financial models for Canadian Solar is extremely important. It helps to project a fair market value of Canadian Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since Canadian Solar's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canadian Solar's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canadian Solar's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Net Receivables	Total Liab	Total Current Assets	Retained Earnings	Accounts Payable	Short Term Investments	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt	Short Term Debt	Intangible Assets	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Deferred Long Term Liab	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock	Treasury Stock
Total Assets		0.98	0.57	0.95	0.99	0.97	0.94	0.37	-0.47	0.69	0.95	0.91	0.97	0.94	0.19	0.84	0.44	0.71	0.73	-0.41	0.84	0.76	0.61	0.81	0.71
Total Stockholder Equity	0.98		0.57	0.95	0.96	0.95	0.98	0.27	-0.51	0.68	0.94	0.9	0.94	0.93	0.22	0.88	0.32	0.7	0.71	-0.51	0.9	0.73	0.7	0.8	0.68
Net Debt	0.57	0.57		0.62	0.63	0.72	0.58	0.48	-0.45	0.76	0.52	0.33	0.44	0.8	0.75	0.73	0.46	0.77	0.7	-0.19	0.66	0.35	0.58	0.36	-0.02
Net Receivables	0.95	0.95	0.62		0.95	0.92	0.92	0.36	-0.36	0.72	0.96	0.9	0.92	0.92	0.23	0.84	0.28	0.65	0.68	-0.42	0.8	0.79	0.62	0.84	0.63
Total Liab	0.99	0.96	0.63	0.95		0.98	0.92	0.44	-0.45	0.72	0.93	0.88	0.96	0.95	0.25	0.83	0.51	0.72	0.76	-0.36	0.82	0.74	0.58	0.78	0.67
Total Current Assets	0.97	0.95	0.72	0.92	0.98		0.91	0.44	-0.52	0.79	0.87	0.83	0.89	0.98	0.33	0.87	0.49	0.79	0.74	-0.4	0.85	0.7	0.67	0.73	0.55
Retained Earnings	0.94	0.98	0.58	0.92	0.92	0.91		0.16	-0.62	0.58	0.92	0.88	0.9	0.91	0.23	0.91	0.28	0.74	0.72	-0.55	0.94	0.73	0.74	0.79	0.64
Accounts Payable	0.37	0.27	0.48	0.36	0.44	0.44	0.16		0.27	0.68	0.33	0.22	0.36	0.38	0.48	0.3	0.58	0.14	0.53	0.19	0.08	0.25	-0.07	0.17	0.13
Short Term Investments	-0.47	-0.51	-0.45	-0.36	-0.45	-0.52	-0.62	0.27		-0.11	-0.32	-0.34	-0.36	-0.57	-0.14	-0.57	-0.39	-0.81	-0.35	0.42	-0.7	-0.28	-0.48	-0.34	-0.23
Common Stock	0.69	0.68	0.76	0.72	0.72	0.79	0.58	0.68	-0.11		0.62	0.49	0.58	0.79	0.58	0.66	0.39	0.5	0.63	-0.19	0.6	0.35	0.49	0.4	0.2
Property Plant Equipment	0.95	0.94	0.52	0.96	0.93	0.87	0.92	0.33	-0.32	0.62		0.92	0.96	0.87	0.22	0.81	0.26	0.57	0.74	-0.41	0.77	0.79	0.61	0.82	0.69
Current Deferred Revenue	0.91	0.9	0.33	0.9	0.88	0.83	0.88	0.22	-0.34	0.49	0.92		0.92	0.78	-0.09	0.72	0.17	0.53	0.55	-0.41	0.71	0.83	0.54	0.82	0.75
Long Term Debt	0.97	0.94	0.44	0.92	0.96	0.89	0.9	0.36	-0.36	0.58	0.96	0.92		0.85	0.11	0.76	0.42	0.57	0.75	-0.3	0.73	0.78	0.5	0.82	0.79
Short Term Debt	0.94	0.93	0.8	0.92	0.95	0.98	0.91	0.38	-0.57	0.79	0.87	0.78	0.85		0.42	0.89	0.46	0.84	0.75	-0.44	0.9	0.65	0.72	0.7	0.48
Intangible Assets	0.19	0.22	0.75	0.23	0.25	0.33	0.23	0.48	-0.14	0.58	0.22	-0.09	0.11	0.42		0.37	0.37	0.32	0.63	0.01	0.36	-0.14	0.36	-0.13	-0.37
Net Tangible Assets	0.84	0.88	0.73	0.84	0.83	0.87	0.91	0.3	-0.57	0.66	0.81	0.72	0.76	0.89	0.37		0.27	0.79	0.74	-0.52	0.9	0.74	0.75	0.77	0.53
Long Term Investments	0.44	0.32	0.46	0.28	0.51	0.49	0.28	0.58	-0.39	0.39	0.26	0.17	0.42	0.46	0.37	0.27		0.49	0.57	0.21	0.25	0.14	-0.11	0.16	0.24
Short Long Term Debt	0.71	0.7	0.77	0.65	0.72	0.79	0.74	0.14	-0.81	0.5	0.57	0.53	0.57	0.84	0.32	0.79	0.49		0.55	-0.48	0.82	0.57	0.62	0.58	0.35
Long Term Debt Total	0.73	0.71	0.7	0.68	0.76	0.74	0.72	0.53	-0.35	0.63	0.74	0.55	0.75	0.75	0.63	0.74	0.57	0.55		0.0	0.65	0.5	0.52	0.49	0.38
Deferred Long Term Liab	-0.41	-0.51	-0.19	-0.42	-0.36	-0.4	-0.55	0.19	0.42	-0.19	-0.41	-0.41	-0.3	-0.44	0.01	-0.52	0.21	-0.48	0.0		-0.67	-0.34	-0.54	-0.41	-0.3
Capital Surpluse	0.84	0.9	0.66	0.8	0.82	0.85	0.94	0.08	-0.7	0.6	0.77	0.71	0.73	0.9	0.36	0.9	0.25	0.82	0.65	-0.67		0.54	0.79	0.62	0.45
Net Invested Capital	0.76	0.73	0.35	0.79	0.74	0.7	0.73	0.25	-0.28	0.35	0.79	0.83	0.78	0.65	-0.14	0.74	0.14	0.57	0.5	-0.34	0.54		0.48	0.95	0.77
Net Working Capital	0.61	0.7	0.58	0.62	0.58	0.67	0.74	-0.07	-0.48	0.49	0.61	0.54	0.5	0.72	0.36	0.75	-0.11	0.62	0.52	-0.54	0.79	0.48		0.51	0.17
Capital Stock	0.81	0.8	0.36	0.84	0.78	0.73	0.79	0.17	-0.34	0.4	0.82	0.82	0.82	0.7	-0.13	0.77	0.16	0.58	0.49	-0.41	0.62	0.95	0.51		0.82
Treasury Stock	0.71	0.68	-0.02	0.63	0.67	0.55	0.64	0.13	-0.23	0.2	0.69	0.75	0.79	0.48	-0.37	0.53	0.24	0.35	0.38	-0.3	0.45	0.77	0.17	0.82

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If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.

Competition

Predict Canadian Solar

Based on the recorded statements, Canadian Solar has 7.71 M of outstending shares currently sold short by investors. This is 92.65% higher than that of the Semiconductors & Semiconductor Equipment sector and 47.94% higher than that of the Information Technology industry. The number of shares shorted for all United States stocks is 63.78% lower than that of the firm.

Canadian Number Of Shares Shorted Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Solar's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canadian Solar could also be used in its relative valuation, which is a method of valuing Canadian Solar by comparing valuation metrics of similar companies.

Canadian Solar is currently under evaluation in number of shares shorted category among its peers.

Canadian Solar Current Valuation Drivers

We derive many important indicators used in calculating different scores of Canadian Solar from analyzing Canadian Solar's financial statements. These drivers represent accounts that assess Canadian Solar's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canadian Solar's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	1.3B	3.1B	1.9B	2.0B	1.7B	1.8B
Enterprise Value	3.1B	4.7B	4.3B	5.0B	3.3B	3.4B

Canadian Solar ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Canadian Solar's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canadian Solar's managers, analysts, and investors.

Environmental

Governance

Social

Canadian Fundamentals

	Return On Equity	0.0957
	Return On Asset	0.0211
	Profit Margin	0.03 %
	Operating Margin	0.04 %
	Current Valuation	4.68 B
	Shares Outstanding	66.17 M
	Shares Owned By Insiders	28.53 %
	Shares Owned By Institutions	52.29 %
	Number Of Shares Shorted	7.71 M
	Price To Earning	14.22 X
	Price To Book	0.41 X
	Price To Sales	0.13 X
	Revenue	7.61 B
	Gross Profit	1.26 B
	EBITDA	806.88 M
	Net Income	274.19 M
	Cash And Equivalents	1.05 B
	Cash Per Share	16.40 X
	Total Debt	4.48 B
	Debt To Equity	1.21 %
	Current Ratio	1.20 X
	Book Value Per Share	38.24 X
	Cash Flow From Operations	684.62 M
	Short Ratio	3.62 X
	Earnings Per Share	2.87 X
	Price To Earnings To Growth	0.19 X
	Target Price	25.43
	Number Of Employees	22.23 K
	Beta	1.29
	Market Capitalization	1.31 B
	Total Asset	11.9 B
	Retained Earnings	1.55 B
	Working Capital	231.06 M
	Current Asset	2.26 B
	Current Liabilities	2.66 B
	Net Asset	11.9 B

About Canadian Solar Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Canadian Solar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Solar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Solar based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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