Canadian Solar Inc. (CSIQ)
Canadian Solar Statistics
Share Statistics
Canadian Solar has 66.17M shares outstanding. The number of shares has increased by 0% in one year.
| Shares Outstanding | 66.17M |
| Shares Change (YoY) | 0% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 46.75% |
| Shares Floating | 45.2M |
| Failed to Deliver (FTD) Shares | 41.05K |
| FTD / Avg. Volume | 1.9% |
Short Selling Information
The latest short interest is 12.27M, so 18.55% of the outstanding shares have been sold short.
| Short Interest | 12.27M |
| Short % of Shares Out | 18.55% |
| Short % of Float | 23.54% |
| Short Ratio (days to cover) | 4.87 |
Valuation Ratios
The PE ratio is 20.55 and the forward PE ratio is 4.92. Canadian Solar's PEG ratio is -0.24.
| PE Ratio | 20.55 |
| Forward PE | 4.92 |
| PS Ratio | 0.12 |
| Forward PS | 0.1 |
| PB Ratio | 0.26 |
| P/FCF Ratio | -0.27 |
| PEG Ratio | -0.24 |
Enterprise Valuation
Canadian Solar has an Enterprise Value (EV) of 4.4B.
| EV / Sales | 0.73 |
| EV / EBITDA | 79.74 |
| EV / EBIT | -4.97 |
| EV / FCF | -1.6 |
Financial Position
The company has a current ratio of 0.97, with a Debt / Equity ratio of 2.1.
| Current Ratio | 0.97 |
| Quick Ratio | 0.74 |
| Debt / Equity | 2.1 |
| Debt / EBITDA | 107.15 |
| Debt / FCF | -2.15 |
| Interest Coverage | -0.91 |
Financial Efficiency
Return on Equity is 1.28% and Return on Invested Capital is -0.92%.
| Return on Equity | 1.28% |
| Return on Assets | 0.27% |
| Return on Invested Capital | -0.92% |
| Revenue Per Employee | $269.56K |
| Profits Per Employee | $1.62K |
| Employee Count | 22,234 |
| Asset Turnover | 0.44 |
| Inventory Turnover | 3.75 |
Taxes
| Income Tax | -16.58M |
| Effective Tax Rate | 20.14% |
Stock Price Statistics
The stock price has increased by -44.89% in the last 52 weeks. The beta is 1.33, so Canadian Solar's price volatility has been higher than the market average.
| Beta | 1.33 |
| 52-Week Price Change | -44.89% |
| 50-Day Moving Average | 9.33 |
| 200-Day Moving Average | 12.12 |
| Relative Strength Index (RSI) | 51.61 |
| Average Volume (20 Days) | 2.16M |
Income Statement
In the last 12 months, Canadian Solar had revenue of 5.99B and earned 36.05M in profits. Earnings per share was 0.54.
| Revenue | 5.99B |
| Gross Profit | 999.32M |
| Operating Income | -124.62M |
| Net Income | 36.05M |
| EBITDA | 55.17M |
| EBIT | 55.17M |
| Earnings Per Share (EPS) | 0.54 |
Balance Sheet
The company has 2.25B in cash and 5.91B in debt, giving a net cash position of -3.66B.
| Cash & Cash Equivalents | 2.25B |
| Total Debt | 5.91B |
| Net Cash | -3.66B |
| Retained Earnings | 1.59B |
| Total Assets | 13.78B |
| Working Capital | 369.06M |
Cash Flow
In the last 12 months, operating cash flow was -885.32M and capital expenditures -1.86B, giving a free cash flow of -2.75B.
| Operating Cash Flow | -885.32M |
| Capital Expenditures | -1.86B |
| Free Cash Flow | -2.75B |
| FCF Per Share | -41.27 |
Margins
Gross margin is 16.67%, with operating and profit margins of -2.08% and 0.6%.
| Gross Margin | 16.67% |
| Operating Margin | -2.08% |
| Pretax Margin | -1.37% |
| Profit Margin | 0.6% |
| EBITDA Margin | 0.92% |
| EBIT Margin | -2.08% |
| FCF Margin | -45.87% |
Dividends & Yields
CSIQ does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 4.87% |
| FCF Yield | -371.11% |
Analyst Forecast
The average price target for CSIQ is $14.15, which is 57% higher than the current price. The consensus rating is "Hold".
| Price Target | $14.15 |
| Price Target Difference | 57% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
Scores
| Altman Z-Score | 0.62 |
| Piotroski F-Score | 3 |