First Solar, Inc. financial data

Symbol
FSLR on Nasdaq
Location
350 West Washington Street, Suite 600, Tempe, AZ
State of incorporation
DE
Fiscal year end
December 31
Former names
FIRST SOLAR HOLDINGS LLC (to 12/23/2003)
Latest financial report
10-Q - Q3 2024 - Oct 29, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 251 % -24%
Quick Ratio 61.5 % -8.12%
Debt-to-equity 53.2 % +12.8%
Return On Assets 11.5 % +114%
Operating Margin 34.7 % +165%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 107M shares +0.2%
Common Stock, Shares, Outstanding 107M shares +0.2%
Entity Public Float 20.2B USD +181%
Common Stock, Value, Issued 107K USD 0%
Weighted Average Number of Shares Outstanding, Basic 107M shares +0.2%
Weighted Average Number of Shares Outstanding, Diluted 108M shares +0.06%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.85B USD +21.8%
Research and Development Expense 189M USD +35.1%
Operating Income (Loss) 1.34B USD +223%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.34B USD +163%
Income Tax Expense (Benefit) 88.5M USD +160%
Net Income (Loss) Attributable to Parent 1.25B USD +163%
Earnings Per Share, Basic 11.7 USD/shares +162%
Earnings Per Share, Diluted 11.6 USD/shares +162%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.01B USD -32.7%
Accounts Receivable, after Allowance for Credit Loss, Current 762M USD +1.14%
Inventory, Net 1.25B USD +41.7%
Other Assets, Current 529M USD +59.5%
Assets, Current 3.82B USD -0.15%
Deferred Income Tax Assets, Net 238M USD +78.3%
Property, Plant and Equipment, Net 5.33B USD +30.8%
Operating Lease, Right-of-Use Asset 118M USD +44.7%
Intangible Assets, Net (Excluding Goodwill) 56.6M USD -14.7%
Goodwill 29.6M USD +3.91%
Other Assets, Noncurrent 616M USD +43.1%
Assets 11.4B USD +19.3%
Accounts Payable, Current 265M USD +139%
Employee-related Liabilities, Current 29.6M USD -21.4%
Accrued Liabilities, Current 521M USD -13.3%
Liabilities, Current 1.78B USD +48.6%
Deferred Income Tax Liabilities, Net 52.9M USD +11.1%
Operating Lease, Liability, Noncurrent 69.5M USD +103%
Other Liabilities, Noncurrent 228M USD +66.1%
Liabilities 3.84B USD +17.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -169M USD +15.1%
Retained Earnings (Accumulated Deficit) 4.87B USD +34.5%
Stockholders' Equity Attributable to Parent 7.59B USD +20.5%
Liabilities and Equity 11.4B USD +19.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 268M USD
Net Cash Provided by (Used in) Financing Activities 40.7M USD -62.2%
Net Cash Provided by (Used in) Investing Activities -569M USD +11.9%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 107M shares +0.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -262M USD +54.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.02B USD -32.4%
Deferred Tax Assets, Valuation Allowance 149M USD +10.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 511M USD +44%
Operating Lease, Liability 81.6M USD +85.9%
Payments to Acquire Property, Plant, and Equipment 413M USD +11.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.28B USD +169%
Lessee, Operating Lease, Liability, to be Paid 107M USD +115%
Property, Plant and Equipment, Gross 7.3B USD +26.8%
Operating Lease, Liability, Current 12.1M USD +25.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 14M USD +35.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 15.6M USD +37.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 25.4M USD +328%
Lessee, Operating Lease, Liability, to be Paid, Year Three 11.3M USD +37.4%
Deferred Tax Assets, Operating Loss Carryforwards 120M USD -2.54%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 30M shares 0%
Unrecognized Tax Benefits 16.7M USD +15.4%
Lessee, Operating Lease, Liability, to be Paid, Year Four 11.1M USD +92.4%
Operating Lease, Payments 3M USD +9.01%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 2.6M USD -3.7%
Deferred Tax Assets, Net of Valuation Allowance 362M USD +64.9%
Share-based Payment Arrangement, Expense 33M USD +7.33%
Interest Expense 21.4M USD +112%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%