Canadian Total Assets from 2010 to 2025

CSIQ Stock  USD 10.46  0.22  2.15%   
Canadian Solar Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to grow to about 14.4 B this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2004-12-31
Previous Quarter
12.1 B
Current Value
13.8 B
Quarterly Volatility
3.5 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canadian Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian Solar's main balance sheet or income statement drivers, such as Depreciation And Amortization of 370.8 M, Interest Expense of 137.8 M or Selling General Administrative of 318.8 M, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 9.0E-4 or PTB Ratio of 0.73. Canadian financial statements analysis is a perfect complement when working with Canadian Solar Valuation or Volatility modules.
  
Check out the analysis of Canadian Solar Correlation against competitors.
To learn how to invest in Canadian Stock, please use our How to Invest in Canadian Solar guide.

Latest Canadian Solar's Total Assets Growth Pattern

Below is the plot of the Total Assets of Canadian Solar over the last few years. Total assets refers to the total amount of Canadian Solar assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Canadian Solar books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Canadian Solar's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian Solar's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 11.9 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Canadian Total Assets Regression Statistics

Arithmetic Mean6,165,215,388
Geometric Mean3,390,066,936
Coefficient Of Variation68.45
Mean Deviation3,238,880,734
Median5,467,207,000
Standard Deviation4,220,357,404
Sample Variance17811416.6T
Range14.4B
R-Value0.95
Mean Square Error1774748.6T
R-Squared0.91
Slope844,227,404
Total Sum of Squares267171249.3T

Canadian Total Assets History

202514.4 B
202413.7 B
202311.9 B
2022B
20217.4 B
20206.5 B
20195.5 B

Other Fundumenentals of Canadian Solar

Canadian Solar Total Assets component correlations

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-0.44-0.52-0.38-0.45-0.4-0.44-0.550.030.43-0.22-0.43-0.44-0.34-0.470.04-0.540.15-0.51-0.03-0.68-0.36-0.54-0.44-0.28
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0.80.770.660.80.780.750.760.43-0.310.390.790.80.820.69-0.250.770.280.640.51-0.360.550.420.930.69
0.570.650.630.590.550.620.70.06-0.490.490.610.540.480.690.330.74-0.070.610.53-0.540.790.420.530.19
0.840.840.760.880.820.810.830.42-0.360.440.840.80.840.77-0.170.790.250.670.52-0.440.650.930.530.76
0.690.660.50.640.660.610.620.4-0.210.170.620.60.720.53-0.310.460.280.380.35-0.280.410.690.190.76
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About Canadian Solar Financial Statements

Canadian Solar shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Canadian Solar investors may analyze each financial statement separately, they are all interrelated. The changes in Canadian Solar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Canadian Solar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets13.7 B14.4 B

Pair Trading with Canadian Solar

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Solar will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canadian Stock

  0.7VECO Veeco InstrumentsPairCorr

Moving against Canadian Stock

  0.65CSCO Cisco SystemsPairCorr
  0.44NVMI NovaPairCorr
  0.42TER Teradyne Downward RallyPairCorr
  0.39MSFT Microsoft Downward RallyPairCorr
The ability to find closely correlated positions to Canadian Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Solar to buy it.
The correlation of Canadian Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Solar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Canadian Stock Analysis

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.