Canadian Solar Financials

Canadian Solar Stock Summary

Canadian Solar competes with ORMAT TECHNOLOGIES, SOFI TECHNOLOGIES, Vulcan Materials, Axcelis Technologies, and Mitsubishi Materials. Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products primarily under the Canadian Solar brand name. The company was founded in 2001 and is headquartered in Guelph, Canada. CANADIAN SOLAR operates under Solar classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12442 people.

Canadian Solar Key Financial Ratios

There are many critical financial ratios that Canadian Solar's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Canadian Solar reports annually and quarterly.

Canadian Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Canadian Solar's current stock value. Our valuation model uses many indicators to compare Canadian Solar value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canadian Solar competition to find correlations between indicators driving Canadian Solar's intrinsic value. More Info.Canadian Solar is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about  0.20  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Canadian Solar is roughly  4.93 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Canadian Solar's earnings, one of the primary drivers of an investment's value.

Canadian Solar Systematic Risk

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

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.