First Solar Financials

FSLR Stock  USD 161.01  13.55  9.19%   
Based on the analysis of First Solar's profitability, liquidity, and operating efficiency, First Solar is performing exceptionally good at this time. It has a great probability to report excellent financial results in March. At this time, First Solar's Net Receivables is relatively stable compared to the past year. As of 02/26/2025, Liabilities And Stockholders Equity is likely to grow to about 12.5 B, while Non Currrent Assets Other are likely to drop slightly above 728.1 M. Key indicators impacting First Solar's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.07260.0764
Notably Down
Slightly volatile
Current Ratio2.812.4497
Fairly Up
Very volatile
The financial analysis of First Solar is a critical element in measuring its lifeblood. Investors should not minimize First Solar's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

1 Billion

  
Understanding current and past First Solar Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Solar's financial statements are interrelated, with each one affecting the others. For example, an increase in First Solar's assets may result in an increase in income on the income statement.

First Solar Stock Summary

First Solar competes with Enphase Energy, Sunrun, Canadian Solar, SolarEdge Technologies, and JinkoSolar Holding. First Solar, Inc. provides photovoltaic solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona. First Solar operates under Solar classification in the United States and is traded on NASDAQ Exchange. It employs 4800 people.
Foreign Associate
  Mexico
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS3364331070
CUSIP336433107
LocationArizona; U.S.A
Business Address350 West Washington
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.firstsolar.com
Phone602 414 9300
CurrencyUSD - US Dollar

First Solar Key Financial Ratios

First Solar Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets7.1B7.4B8.3B10.4B11.9B12.5B
Net Debt(947.8M)(1.2B)(1.3B)(1.3B)(1.2B)(1.1B)
Cash1.2B1.5B1.5B1.9B2.2B2.4B
Other Assets1.0B1.4B1.1B777.9M894.6M965.4M
Net Receivables292.5M454.7M355.0M1.4B1.6B1.7B
Inventory567.6M666.3M621.4M819.9M942.9M990.0M
Total Liab1.6B1.5B2.4B3.7B4.2B4.4B
Total Current Assets3.0B3.2B3.8B4.6B5.3B5.6B
Other Current Liab405.1M310.4M394.8M529.9M609.4M413.0M
Retained Earnings2.7B3.2B3.1B4.0B4.6B4.8B
Accounts Payable183.3M193.4M341.4M207.2M238.3M184.8M
Other Current Assets308.6M242.7M233.9M296.5M341.0M358.1M
Other Liab526.8M502.9M345.4M1.2B1.3B1.4B
Long Term Debt237.7M236.0M184.3M464.1M533.7M290.2M
Short Term Debt55.5M16.7M9.2M106.6M122.6M128.7M
Intangible Assets56.1M45.5M31.1M64.5M74.2M78.6M
Net Tangible Assets5.0B5.5B5.9B5.8B6.7B5.1B
Long Term Debt Total461.2M454.2M237.7M236.0M271.4M337.2M
Capital Surpluse2.8B2.8B2.9B2.9B3.3B2.8B

First Solar Key Income Statement Accounts

The reason investors look at the income statement is to determine what First Solar's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Interest Expense24.0M13.1M12.2M13.0M14.9M9.9M
Gross Profit680.7M730.0M69.9M1.3B1.5B1.6B
Operating Income95.2M186.1M(216.3M)857.3M985.9M1.0B
Ebit340.9M439.5M(222.9M)904.3M1.0B1.1B
Research Development93.7M99.1M112.8M152.3M175.2M88.8M
Ebitda573.8M699.4M46.8M1.2B1.4B1.5B
Cost Of Revenue2.0B2.2B2.5B2.0B2.3B1.7B
Income Before Tax293.2M572.2M8.6M891.3M1.0B1.1B
Net Income398.4M468.7M(44.2M)830.8M955.4M1.0B
Income Tax Expense(107.3M)103.5M52.8M60.5M69.6M45.5M
Total Revenue2.7B2.9B2.6B3.3B3.8B2.3B
Non Recurring90.7M45.9M40.5M21.1M18.9M18.0M
Tax Provision(107.3M)103.5M52.8M34.0M30.6M48.3M
Interest Income16.6M6.2M33.3M92.4M106.3M111.6M
Net Interest Income(7.5M)(6.9M)21.1M83.4M95.9M100.7M

First Solar Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash(172.9M)182.2M37.6M471.6M542.3M569.5M
Free Cash Flow(379.5M)(302.7M)(30.2M)(784.5M)(706.1M)(670.8M)
Other Non Cash Items(97.0M)(225.1M)(366.7M)16.7M15.1M14.9M
Capital Expenditures416.6M540.3M903.6M1.4B1.6B1.7B
Net Income398.4M468.7M(44.2M)830.8M955.4M1.0B
End Period Cash Flow1.3B1.5B1.5B2.0B2.3B2.4B
Change To Inventory(145.4M)(136.4M)16.7M(205.1M)(184.6M)(175.4M)
Depreciation232.9M259.9M269.7M308.0M354.2M185.7M
Investments290.9M147.5M(1.2B)(869.7M)(782.7M)(743.6M)
Net Borrowings90.0M(68.7M)56.5M321.5M369.7M388.2M
Change To Netincome(12.9M)120.4M(57.1M)(350.8M)(315.7M)(300.0M)
Change Receivables(202.3M)(73.6M)345.2M(97.0M)(111.5M)(105.9M)

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Solar's current stock value. Our valuation model uses many indicators to compare First Solar value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Solar competition to find correlations between indicators driving First Solar's intrinsic value. More Info.
First Solar is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.44  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First Solar is roughly  2.27 . At this time, First Solar's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value First Solar by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

First Solar Systematic Risk

First Solar's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Solar volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on First Solar correlated with the market. If Beta is less than 0 First Solar generally moves in the opposite direction as compared to the market. If First Solar Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Solar is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Solar is generally in the same direction as the market. If Beta > 1 First Solar moves generally in the same direction as, but more than the movement of the benchmark.

First Solar Thematic Clasifications

First Solar is part of several thematic ideas from Trump Equities to Alternative Energy. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in First Solar Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Solar's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Solar growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.25

At this time, First Solar's Price Earnings To Growth Ratio is relatively stable compared to the past year.

First Solar February 26, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Solar help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Solar. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Solar based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Solar's daily price indicators and compare them against related drivers.

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.