Canadian Short Long Term Debt vs Net Invested Capital Analysis

CSIQ Stock

USD 19.07 0.87 4.78%

Canadian Solar financial indicator trend analysis is way more than just evaluating Canadian Solar prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Canadian Solar is a good investment. Please check the relationship between Canadian Solar Short Long Term Debt and its Net Invested Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian 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 gross domestic product.

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

Short Long Term Debt vs Net Invested Capital

Short Long Term Debt vs Net Invested Capital Correlation Analysis

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

The correlation between Canadian Solar's Short Long Term Debt and Net Invested Capital is 0.57. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Canadian Solar, assuming nothing else is changed. The correlation between historical values of Canadian Solar's Short Long Term Debt and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Canadian Solar are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Short Long Term Debt i.e., Canadian Solar's Short Long Term Debt and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.57

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from Canadian Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Canadian 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian 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 gross domestic product.

To learn how to invest in Canadian Stock, please use our How to Invest in Canadian Solar guide.At this time, Canadian Solar's Issuance Of Capital Stock is relatively stable compared to the past year. As of 05/29/2024, Enterprise Value is likely to grow to about 3.4 B, while Selling General Administrative is likely to drop slightly above 318.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	909.3M	1.3B	1.3B	1.3B
Total Revenue	5.3B	7.5B	7.6B	8.0B

Gross Profit Total Revenue

Canadian Solar fundamental ratios Correlations

	Total Assets	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	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Total Current Liabilities	Retained Earnings	Accounts Payable	Non Current Liabilities Total	Other Current Assets	Other Liab	Short Term Investments	Common Stock	Property Plant Equipment
Total Assets		0.98	0.93	0.57	0.91	0.97	0.96	0.94	0.91	0.95	0.64	0.9	0.79	0.99	0.91	0.97	0.96	0.98	0.94	0.37	0.98	0.24	0.9	-0.47	0.69	0.95
Total Stockholder Equity	0.98		0.91	0.57	0.89	0.95	0.96	0.95	0.89	0.95	0.64	0.91	0.76	0.96	0.88	0.95	0.91	0.94	0.98	0.27	0.96	0.21	0.95	-0.51	0.68	0.94
Property Plant And Equipment Net	0.93	0.91		0.3	0.97	0.99	0.92	0.81	0.97	0.9	0.42	0.86	0.91	0.9	1.0	0.81	0.89	0.85	0.88	0.23	0.97	-0.1	0.78	-0.31	0.47	0.95
Net Debt	0.57	0.57	0.3		0.18	0.4	0.47	0.69	0.18	0.62	0.79	0.56	0.01	0.63	0.22	0.72	0.5	0.68	0.58	0.48	0.47	0.62	0.68	-0.45	0.76	0.52
Cash	0.91	0.89	0.97	0.18		0.96	0.91	0.78	1.0	0.83	0.37	0.8	0.94	0.87	0.98	0.79	0.89	0.82	0.85	0.18	0.94	-0.05	0.75	-0.35	0.43	0.88
Non Current Assets Total	0.97	0.95	0.99	0.4	0.96		0.96	0.88	0.96	0.92	0.5	0.86	0.9	0.95	0.98	0.87	0.93	0.91	0.91	0.27	0.99	0.04	0.83	-0.39	0.55	0.96
Non Currrent Assets Other	0.96	0.96	0.92	0.47	0.91	0.96		0.95	0.91	0.89	0.53	0.85	0.83	0.93	0.91	0.89	0.91	0.9	0.94	0.18	0.96	0.16	0.9	-0.5	0.58	0.9
Other Assets	0.94	0.95	0.81	0.69	0.78	0.88	0.95		0.78	0.89	0.66	0.85	0.64	0.93	0.77	0.94	0.86	0.92	0.95	0.25	0.91	0.35	0.96	-0.56	0.7	0.87
Cash And Short Term Investments	0.91	0.89	0.97	0.18	1.0	0.96	0.91	0.78		0.83	0.37	0.8	0.94	0.87	0.98	0.79	0.89	0.82	0.85	0.18	0.94	-0.05	0.75	-0.35	0.43	0.88
Net Receivables	0.95	0.95	0.9	0.62	0.83	0.92	0.89	0.89	0.83		0.67	0.95	0.7	0.95	0.86	0.92	0.87	0.93	0.92	0.36	0.94	0.1	0.88	-0.36	0.72	0.96
Common Stock Shares Outstanding	0.64	0.64	0.42	0.79	0.37	0.5	0.53	0.66	0.37	0.67		0.57	0.16	0.67	0.36	0.74	0.54	0.71	0.56	0.73	0.55	0.48	0.68	-0.13	0.95	0.58
Inventory	0.9	0.91	0.86	0.56	0.8	0.86	0.85	0.85	0.8	0.95	0.57		0.64	0.88	0.82	0.88	0.79	0.86	0.9	0.24	0.89	0.0	0.88	-0.38	0.61	0.92
Other Stockholder Equity	0.79	0.76	0.91	0.01	0.94	0.9	0.83	0.64	0.94	0.7	0.16	0.64		0.75	0.95	0.63	0.84	0.69	0.73	0.07	0.85	-0.14	0.56	-0.33	0.21	0.75
Total Liab	0.99	0.96	0.9	0.63	0.87	0.95	0.93	0.93	0.87	0.95	0.67	0.88	0.75		0.87	0.98	0.96	0.99	0.92	0.44	0.97	0.3	0.89	-0.45	0.72	0.93
Property Plant And Equipment Gross	0.91	0.88	1.0	0.22	0.98	0.98	0.91	0.77	0.98	0.86	0.36	0.82	0.95	0.87		0.77	0.88	0.82	0.85	0.19	0.96	-0.13	0.74	-0.3	0.42	0.92
Total Current Assets	0.97	0.95	0.81	0.72	0.79	0.87	0.89	0.94	0.79	0.92	0.74	0.88	0.63	0.98	0.77		0.92	0.99	0.91	0.44	0.91	0.42	0.91	-0.52	0.79	0.87
Other Current Liab	0.96	0.91	0.89	0.5	0.89	0.93	0.91	0.86	0.89	0.87	0.54	0.79	0.84	0.96	0.88	0.92		0.96	0.87	0.36	0.93	0.33	0.79	-0.52	0.59	0.85
Total Current Liabilities	0.98	0.94	0.85	0.68	0.82	0.91	0.9	0.92	0.82	0.93	0.71	0.86	0.69	0.99	0.82	0.99	0.96		0.9	0.48	0.93	0.39	0.88	-0.47	0.76	0.9
Retained Earnings	0.94	0.98	0.88	0.58	0.85	0.91	0.94	0.95	0.85	0.92	0.56	0.9	0.73	0.92	0.85	0.91	0.87	0.9		0.16	0.93	0.19	0.94	-0.62	0.58	0.92
Accounts Payable	0.37	0.27	0.23	0.48	0.18	0.27	0.18	0.25	0.18	0.36	0.73	0.24	0.07	0.44	0.19	0.44	0.36	0.48	0.16		0.31	0.34	0.2	0.27	0.68	0.33
Non Current Liabilities Total	0.98	0.96	0.97	0.47	0.94	0.99	0.96	0.91	0.94	0.94	0.55	0.89	0.85	0.97	0.96	0.91	0.93	0.93	0.93	0.31		0.08	0.87	-0.39	0.6	0.97
Other Current Assets	0.24	0.21	-0.1	0.62	-0.05	0.04	0.16	0.35	-0.05	0.1	0.48	0.0	-0.14	0.3	-0.13	0.42	0.33	0.39	0.19	0.34	0.08		0.3	-0.49	0.49	-0.01
Other Liab	0.9	0.95	0.78	0.68	0.75	0.83	0.9	0.96	0.75	0.88	0.68	0.88	0.56	0.89	0.74	0.91	0.79	0.88	0.94	0.2	0.87	0.3		-0.54	0.72	0.87
Short Term Investments	-0.47	-0.51	-0.31	-0.45	-0.35	-0.39	-0.5	-0.56	-0.35	-0.36	-0.13	-0.38	-0.33	-0.45	-0.3	-0.52	-0.52	-0.47	-0.62	0.27	-0.39	-0.49	-0.54		-0.11	-0.32
Common Stock	0.69	0.68	0.47	0.76	0.43	0.55	0.58	0.7	0.43	0.72	0.95	0.61	0.21	0.72	0.42	0.79	0.59	0.76	0.58	0.68	0.6	0.49	0.72	-0.11		0.62
Property Plant Equipment	0.95	0.94	0.95	0.52	0.88	0.96	0.9	0.87	0.88	0.96	0.58	0.92	0.75	0.93	0.92	0.87	0.85	0.9	0.92	0.33	0.97	-0.01	0.87	-0.32	0.62

Click cells to compare fundamentals

Canadian Solar Account Relationship Matchups

Canadian Solar fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.5B	6.5B	7.4B	9.0B	11.9B	12.5B
Total Stockholder Equity	1.4B	1.6B	1.8B	1.9B	2.6B	2.7B
Property Plant And Equipment Net	1.1B	1.3B	1.5B	2.2B	4.3B	4.5B
Net Debt	1.8B	1.6B	2.4B	3.0B	1.5B	1.0B
Cash	668.8M	1.2B	869.8M	981.4M	2.9B	3.1B
Non Current Assets Total	2.2B	2.4B	2.6B	3.4B	6.1B	6.4B
Non Currrent Assets Other	687.1M	674.5M	645.8M	734.9M	1.2B	1.3B
Other Assets	841.1M	845.1M	882.3M	963.0M	1.1B	1.2B
Cash And Short Term Investments	668.8M	1.2B	869.8M	981.4M	2.9B	3.1B
Net Receivables	592.2M	545.7M	887.5M	1.2B	1.2B	1.3B
Common Stock Shares Outstanding	60.8M	62.3M	68.9M	71.2M	72.2M	49.4M
Liabilities And Stockholders Equity	5.5B	6.5B	7.4B	9.0B	11.9B	12.5B
Inventory	554.1M	696.0M	1.2B	1.5B	1.4B	1.4B
Other Stockholder Equity	5.3M	(28.2M)	(19.4M)	1.1M	292.7M	307.4M
Total Liab	4.0B	4.6B	5.3B	6.7B	8.2B	8.6B
Property Plant And Equipment Gross	1.1B	1.3B	1.5B	2.2B	5.4B	5.6B
Total Current Assets	3.3B	4.2B	4.8B	5.6B	5.8B	6.1B
Other Current Liab	588.5M	757.2M	913.4M	1.2B	2.0B	2.1B
Total Current Liabilities	3.1B	3.6B	4.0B	5.3B	5.9B	6.2B
Retained Earnings	793.6M	940.3M	1.0B	1.3B	1.5B	1.6B
Accounts Payable	585.6M	514.7M	503.0M	805.3M	813.7M	458.0M
Non Current Liabilities Total	950.2M	1.1B	1.2B	1.5B	2.3B	2.4B
Other Current Assets	857.6M	1.1B	1.0B	653.9M	292.9M	533.7M
Accumulated Other Comprehensive Income	(109.6M)	(28.7M)	(50.6M)	(170.6M)	(118.7M)	(112.8M)
Other Liab	295.0M	370.8M	452.2M	360.6M	414.6M	435.4M
Common Stock	702.9M	703.8M	687.0M	835.5M	752.0M	714.4M
Property Plant Equipment	1.1B	1.3B	1.5B	2.3B	2.6B	2.8B
Short Long Term Debt Total	2.4B	2.8B	3.3B	4.0B	4.5B	4.7B
Current Deferred Revenue	134.8M	189.5M	135.5M	334.9M	392.3M	465.7M
Long Term Debt	619.5M	669.3M	748.3M	1.0B	1.7B	1.7B
Short Term Debt	1.8B	2.1B	2.5B	2.9B	2.7B	2.8B
Intangible Assets	83.6M	84.8M	90.0M	85.6M	19.7M	18.7M
Common Stock Total Equity	702.2M	702.9M	703.8M	687.0M	790.1M	705.7M
Net Tangible Assets	1.3B	1.5B	1.7B	1.9B	2.2B	1.2B
Long Term Investments	152.8M	78.3M	98.8M	115.8M	236.9M	185.1M
Short Long Term Debt	1.8B	2.1B	2.5B	2.9B	2.7B	1.9B

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When determining whether Canadian Solar is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Solar Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Solar Stock:

How To Invest In Canadian

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Is Canadian Stock a good investment?

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What is Canadian Solar's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian 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 gross domestic product.

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

You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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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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Is Canadian 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 Canadian Solar. If investors know Canadian 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 Canadian 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

(0.84)

Earnings Share

3.01

Revenue Per Share

110.075

Quarterly Revenue Growth

(0.22)

Return On Assets

0.0211

The market value of Canadian Solar is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Solar's value that differs from its market value or its book value, called intrinsic value, which is Canadian 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 Canadian Solar's market value can be influenced by many factors that don't directly affect Canadian 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 Canadian Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian 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.

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Canadian Short Long Term Debt vs Net Invested Capital Analysis

Short Long Term Debt vs Net Invested Capital

Short Long Term Debt vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Short Long Term Debt

Net Invested Capital

Canadian Solar fundamental ratios Correlations

Canadian Solar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian Solar fundamental ratios Accounts

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

Complementary Tools for Canadian Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Non Current Assets Total
Total Current Liabilities	+ 0.99	Total Liab

Short Term Investments	- 0.62	Retained Earnings
Short Term Investments	- 0.56	Other Assets
Short Term Investments	- 0.54	Other Liab
Short Term Investments	- 0.52	Other Current Liab
Short Term Investments	- 0.52	Total Current Assets
Short Term Investments	- 0.51	Total Stockholder Equity