First Solar, Inc.
First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight int…
Solar
US, Tempe [HQ]
Ratios
15 Sheets · Starting from 2023Margins, Growth Rates In %
| Ratio | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||
| Gross Margin | 50.56 | 46.22 | 35.13 | 25.32 | 26.07 | 24.39 | 25.69 | 23.85 | 18.66 | 17.48 | 17.93 | 25.10 | 24.97 | 2.67 | 39.19 | |
| Profit Margin | 30.98 | 25.91 | -1.43 | -2.86 | 10.67 | 11.70 | 15.27 | -12.13 | -5.63 | 6.43 | -3.74 | 14.69 | 16.03 | -1.69 | 25.03 | |
| Operating Margin | 32.89 | 29.21 | -2.48 | -1.12 | 11.14 | 12.51 | 14.44 | -17.03 | 6.05 | 1.79 | 2.03 | 3.51 | 6.36 | -8.26 | 25.83 | |
|
EPS Growth
|
76.73 | 1.96 | -105.88 | -141.30 | 439.64 | 5.31 | 36.52 | -164.21 | 54.31 | 186.79 | -178.99 | 444.95 | 17.29 | -109.30 | 1,997.56 | |
| EPS USD | 767.00 | 782.00 | -46.00 | -111.00 | 377.00 | 397.00 | 542.00 | -348.00 | -159.00 | 138.00 | -109.00 | 376.00 | 441.00 | -41.00 | 778.00 | |
| Return on Assets (ROA) | 19.11 | 15.16 | -0.68 | -1.52 | 5.13 | 5.90 | 7.47 | -5.21 | -2.41 | 2.03 | -1.53 | 5.60 | 6.32 | -0.54 | 8.02 | |
| Return on Equity (ROE) | 24.13 | 19.22 | -1.08 | -2.67 | 7.84 | 7.89 | 9.85 | -6.87 | -3.25 | 2.77 | -2.25 | 7.22 | 7.86 | -0.76 | 12.42 | |
| Return on Invested Capital (ROIC) | 22.42 | 17.68 | -1.17 | -2.18 | 7.28 | 7.52 | 8.95 | -10.45 | -2.72 | 0.68 | 1.07 | 2.24 | 2.46 | 18.42 | 10.93 | |
| Solvency | ||||||||||||||||
| Equity Ratio | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Debt/Assets | 5.22 | 5.42 | 11.49 | 8.86 | 3.24 | 3.23 | 3.96 | 2.74 | 5.73 | 6.56 | 6.28 | 3.93 | 3.24 | 2.35 | 6.02 | |
| Debt/Equity | 6.60 | 6.87 | 18.21 | 15.60 | 4.96 | 4.32 | 5.22 | 3.61 | 7.72 | 8.96 | 9.26 | 5.06 | 4.03 | 3.32 | 9.34 | |
| Debt/EBITDA | -71.02 | -69.21 | 14.56 | -76.07 | -235.79 | -296.16 | -156.91 | -303.62 | -682.56 | -670.86 | -329.18 | -288.85 | -271.49 | -2,409.22 | -104.76 | |
|
Debt/Capitalization
|
6.19 | 6.43 | 15.41 | 13.50 | 4.72 | 4.14 | 4.96 | 3.49 | 7.17 | 8.22 | 8.47 | 4.81 | 3.87 | 3.21 | 8.54 | |
| Long-Term Debt/Capitalization | 5.23 | 5.75 | 14.52 | 12.18 | 3.49 | 3.18 | 4.33 | 2.99 | 6.94 | 8.13 | 8.18 | 4.13 | 3.81 | 3.06 | 7.19 | |
| Interest Debt per Share USD | 2.16 | 2.80 | 7.71 | 6.64 | 2.40 | 2.33 | 2.94 | 2.03 | 4.03 | 4.70 | 4.74 | 2.86 | 2.38 | 1.93 | 5.97 | |
| Debt Growth | -11.85 | 35.69 | 179.56 | -15.23 | -60.30 | -2.87 | 33.42 | -34.91 | 108.90 | 18.61 | 1.05 | -40.80 | -14.09 | -19.32 | 222.61 | |
| Liquidity | ||||||||||||||||
| Current Ratio | 342.16 | 337.35 | 268.38 | 257.16 | 238.83 | 318.70 | 348.21 | 420.87 | 589.41 | 456.50 | 273.09 | 355.74 | 439.03 | 365.25 | 354.84 | |
| Quick Ratio | 256.14 | 264.14 | 155.66 | 179.43 | 152.51 | 221.36 | 248.89 | 271.46 | 522.20 | 370.65 | 214.14 | 240.68 | 313.77 | 282.55 | 268.74 | |
| Cash Ratio | 168.26 | 163.02 | 62.20 | 81.83 | 83.44 | 148.04 | 117.28 | 149.73 | 348.86 | 166.01 | 102.62 | 144.80 | 199.57 | 142.70 | 149.06 | |
| Operating Cash Flow Ratio | 100 | 100 | - - | - - | - - | - - | - - | - - | 200 | - - | - - | - - | - - | - - | - - | |
| Turnover | ||||||||||||||||
| Inventory Turnover | 668.51 | 687.81 | 377.09 | 471.28 | 468.02 | 406.99 | 514.14 | 527.55 | 1,189.00 | 416.32 | 505.72 | 357.75 | 329.20 | 410.29 | 199.38 | |
| Receivables Turnover | 910.92 | 834.97 | 327.76 | 346.46 | 503.11 | 1,508.20 | 637.88 | 605.75 | 723.01 | 382.65 | 465.16 | 927.09 | 642.91 | 737.86 | 235.76 | |
| Payables Turnover | 1,348.78 | 1,674.93 | 1,016.99 | 718.33 | 936.06 | 1,194.80 | 787.68 | 1,511.03 | 1,990.00 | 793.82 | 1,152.74 | 1,107.54 | 1,134.29 | 746.75 | 974.00 | |
|
Asset Turnover
|
61.69 | 58.52 | 47.88 | 53.06 | 48.07 | 50.44 | 48.92 | 42.98 | 42.85 | 31.51 | 40.76 | 38.14 | 39.43 | 31.74 | 32.02 | |
| Fixed Turnover | 208.96 | 179.17 | 152.33 | 220.83 | 238.90 | 234.13 | 259.75 | 273.84 | 187.15 | 108.68 | 115.24 | 102.48 | 101.97 | 73.93 | 73.77 | |
| Coverage | ||||||||||||||||
| Interest Coverage | 12,925.35 | 12,481,716.67 | -68,664.00 | -270.47 | 19,560.99 | 2,643.09 | 7,407.37 | -2,447.12 | 690.28 | 154.75 | 229.70 | 396.04 | 1,419.55 | -1,769.11 | 6,612.16 | |
| Asset Coverage | 1,700 | 1,600 | 700 | 900 | 2,300 | 2,600 | 2,100 | 3,100 | 1,500 | 1,300 | 1,300 | 2,200 | 2,700 | 3,700 | 1,400 | |
| Cash Flow Coverage (CFGR) | 385.92 | 297.19 | -5.04 | 135.49 | 383.36 | 313.93 | -124.71 | 109.75 | 340.67 | -70.01 | 36.93 | 13.29 | 99.02 | 451.26 | 96.46 | |
| EBITDA Coverage | 13,100 | 12,721,300 | 398,400 | 3,200 | 24,800 | 2,600 | 7,600 | 1,800 | 1,000 | 500 | 900 | 1,300 | 3,400 | 400 | 9,700 | |
| Dividend Coverage | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Time Interest Earned (TIE) | 200 | 200 | 100 | 200 | 200 | 200 | 200 | 100 | 100 | 100 | 100 | 100 | 200 | - - | 300 | |
| Market Prospects | ||||||||||||||||
| Dividend Yield | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Earnings Yield | 5.73 | 6.01 | -1.36 | -3.60 | 6.90 | 8.90 | 8.21 | -10.86 | -2.36 | 3.25 | -1.95 | 3.80 | 5.06 | -0.28 | 4.52 | |
|
Price/Earnings (P/E)
|
1,745.30 | 1,663.31 | -7,357.31 | -2,779.78 | 1,450.16 | 1,124.07 | 1,218.38 | -921.06 | -4,246.54 | 3,081.18 | -5,140.16 | 2,628.90 | 1,976.11 | -36,137.02 | 2,214.63 | |
| Price/Earnings Growth (PEG) | 22.75 | 850.51 | 69.49 | -19.67 | -3.30 | 211.89 | 33.36 | 5.61 | 78.19 | -16.50 | 28.72 | -5.91 | 114.31 | 330.63 | -1.11 | |
|
Price/Book (P/B)
|
421.15 | 319.77 | 79.74 | 74.27 | 113.69 | 88.74 | 119.99 | 63.25 | 137.94 | 85.31 | 115.63 | 189.68 | 155.41 | 273.48 | 275.12 | |
| Price/Tangible Book (P/TB) | 421.15 | 319.77 | 79.74 | 74.27 | 113.69 | 88.74 | 119.99 | 63.25 | 137.94 | 85.31 | 115.63 | 189.68 | 155.41 | 273.48 | 275.12 | |
| Price/Sales (P/S) | 540.72 | 430.96 | 105.04 | 79.50 | 154.72 | 131.54 | 186.01 | 111.71 | 239.11 | 198.17 | 192.39 | 386.24 | 316.82 | 609.33 | 554.41 | |
|
Price/Cash Flow (P/CF)
|
1,654.68 | 1,565.96 | -8,683.09 | 351.35 | 598.00 | 655.17 | -1,844.59 | 1,594.68 | 524.58 | -1,360.72 | 3,382.96 | 28,212.19 | 3,898.77 | 1,827.44 | 3,054.93 | |
| Price/Free CF (P/FCF) | 2,826.63 | 9,476.67 | -379.68 | 699.25 | 892.62 | 1,053.67 | -1,262.42 | -14,525.07 | 851.11 | -416.91 | -1,191.70 | -2,759.41 | -3,059.43 | -52,785.67 | -2,345.23 | |
| Price/Operating CF (P/OCF) | 1,654.68 | 1,565.96 | -8,683.09 | 351.35 | 598.00 | 655.17 | -1,844.59 | 1,594.68 | 524.58 | -1,360.72 | 3,382.96 | 28,212.19 | 3,898.77 | 1,827.44 | 3,054.93 |