First Solar, Inc. financial data

Symbol
FSLR on Nasdaq
Industry
Semiconductors & Related Devices
Location
350 West Washington Street, Suite 600, Tempe, Arizona
State of incorporation
Delaware
Fiscal year end
December 31
Former names
FIRST SOLAR HOLDINGS LLC (to 12/23/2003)
Latest financial report
10-Q - Q2 2024 - Jul 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 276 % -21.2%
Quick Ratio 61.3 % -14.1%
Debt-to-equity 53.7 % +30%
Return On Assets 11.5 % +514%
Operating Margin 34.2 % +1314%

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 +0.23%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.76B USD +25.9%
Research and Development Expense 180M USD +40.7%
Operating Income (Loss) 1.29B USD +1680%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.3B USD +734%
Income Tax Expense (Benefit) 96.2M USD +55.2%
Net Income (Loss) Attributable to Parent 1.2B USD +669%
Earnings Per Share, Basic 11.3 USD/shares +660%
Earnings Per Share, Diluted 11.2 USD/shares +662%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.7B USD +105%
Accounts Receivable, after Allowance for Credit Loss, Current 648M USD +2.57%
Inventory, Net 1.03B USD +35.9%
Other Assets, Current 527M USD +49.7%
Assets, Current 3.95B USD +7.87%
Deferred Income Tax Assets, Net 202M USD +59.9%
Property, Plant and Equipment, Net 5.14B USD +27.8%
Operating Lease, Right-of-Use Asset 79.6M USD -11.3%
Intangible Assets, Net (Excluding Goodwill) 59.3M USD -15.9%
Goodwill 28.8M USD +0.66%
Other Assets, Noncurrent 555M USD +34.1%
Assets 11B USD +22.4%
Accounts Payable, Current 231M USD -6.08%
Employee-related Liabilities, Current 31.3M USD +3.34%
Accrued Liabilities, Current 540M USD +78.1%
Liabilities, Current 1.77B USD +62.5%
Deferred Income Tax Liabilities, Net 44M USD +0.54%
Operating Lease, Liability, Noncurrent 31.8M USD -12%
Other Liabilities, Noncurrent 174M USD +23.9%
Liabilities 3.76B USD +27.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -188M USD -1.22%
Retained Earnings (Accumulated Deficit) 4.56B USD +35.9%
Stockholders' Equity Attributable to Parent 7.26B USD +20.1%
Liabilities and Equity 11B USD +22.4%

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 1.72B USD +103%
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 42.1M USD -8.21%
Payments to Acquire Property, Plant, and Equipment 413M USD +11.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.2B USD +754%
Lessee, Operating Lease, Liability, to be Paid 47M USD -10.4%
Property, Plant and Equipment, Gross 7.01B USD +24.6%
Operating Lease, Liability, Current 10.3M USD +5.97%
Lessee, Operating Lease, Liability, to be Paid, Year Two 9.87M USD -1.67%
Lessee, Operating Lease, Liability, to be Paid, Year One 11.5M USD +3.45%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.88M USD -25.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.32M USD -11.4%
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 6.95M USD +20.3%
Operating Lease, Payments 3M USD +9.01%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 362M USD +64.9%
Share-based Payment Arrangement, Expense 34.4M USD 0%
Interest Expense 21.4M USD +112%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%