First Other Current Assets vs Non Current Assets Total Analysis

FSLR Stock

USD 267.34 6.11 2.23%

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 Other Current Assets and its Non Current Assets 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 closely tied 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.

Other Current Assets vs Non Current Assets Total

Other Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Solar Other Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have almost no relationship.

The correlation between First Solar's Other Current Assets and Non Current Assets Total is 0.13. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Assets 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 Other Current Assets and Non Current Assets 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 Other Current Assets of First Solar are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Assets i.e., First Solar's Other Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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 closely tied 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 06/09/2024, 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	78.6M
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

Additional 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.

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 Other Current Assets vs Non Current Assets Total Analysis

Other Current Assets vs Non Current Assets Total

Other Current Assets vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Other Current Assets

Non Current Assets 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!

Additional 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