Canadian Solar Stock Last Dividend Paid
CSIQ Stock | USD 11.91 0.61 5.40% |
Canadian Solar fundamentals help investors to digest information that contributes to Canadian Solar's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian Solar's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canadian Solar stock.
Canadian | Last Dividend Paid |
Canadian Solar Company Last Dividend Paid Analysis
Canadian Solar's Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
More About Last Dividend Paid | All Equity Analysis
Last Dividend | = | Last Profit Distribution AmountTotal Shares |
Canadian Last Dividend Paid Driver Correlations
Understanding the fundamental principles of building solid financial models for Canadian Solar is extremely important. It helps to project a fair market value of Canadian Stock properly, considering its historical fundamentals such as Last Dividend Paid. Since Canadian Solar's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Canadian Solar's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Canadian Solar's interrelated accounts and indicators.
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Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
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Canadian Dividends Paid
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Based on the recorded statements, Canadian Solar has a Last Dividend Paid of 0.0. This indicator is about the same for the Semiconductors & Semiconductor Equipment average (which is currently at 0.0) sector and about the same as Information Technology (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Canadian Solar Current Valuation Drivers
We derive many important indicators used in calculating different scores of Canadian Solar from analyzing Canadian Solar's financial statements. These drivers represent accounts that assess Canadian Solar's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canadian Solar's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 1.3B | 3.1B | 1.9B | 2.0B | 1.7B | 1.8B | |
Enterprise Value | 3.1B | 4.7B | 4.3B | 5.0B | 3.3B | 3.4B |
Canadian Solar ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Canadian Solar's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canadian Solar's managers, analysts, and investors.Environmental | Governance | Social |
Canadian Fundamentals
Return On Equity | 0.0337 | ||||
Return On Asset | 0.0106 | ||||
Profit Margin | 0.01 % | ||||
Operating Margin | 0.03 % | ||||
Current Valuation | 4.1 B | ||||
Shares Outstanding | 66.17 M | ||||
Shares Owned By Insiders | 28.53 % | ||||
Shares Owned By Institutions | 54.46 % | ||||
Number Of Shares Shorted | 9.96 M | ||||
Price To Earning | 14.22 X | ||||
Price To Book | 0.30 X | ||||
Price To Sales | 0.12 X | ||||
Revenue | 7.61 B | ||||
Gross Profit | 1.26 B | ||||
EBITDA | 877.3 M | ||||
Net Income | 274.19 M | ||||
Cash And Equivalents | 1.05 B | ||||
Cash Per Share | 16.40 X | ||||
Total Debt | 4.48 B | ||||
Debt To Equity | 1.21 % | ||||
Current Ratio | 1.20 X | ||||
Book Value Per Share | 40.00 X | ||||
Cash Flow From Operations | 684.62 M | ||||
Short Ratio | 3.99 X | ||||
Earnings Per Share | 0.48 X | ||||
Price To Earnings To Growth | 0.14 X | ||||
Target Price | 18.95 | ||||
Number Of Employees | 22.23 K | ||||
Beta | 1.34 | ||||
Market Capitalization | 788.14 M | ||||
Total Asset | 11.9 B | ||||
Retained Earnings | 1.55 B | ||||
Working Capital | 231.06 M | ||||
Current Asset | 2.26 B | ||||
Current Liabilities | 2.66 B | ||||
Net Asset | 11.9 B |
About Canadian Solar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Solar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Solar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Solar based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 against Canadian Stock
0.57 | ASAN | Asana Inc | PairCorr |
0.42 | CWAN | Clearwater Analytics | PairCorr |
0.38 | EHGO | Eshallgo Class A Downward Rally | PairCorr |
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.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.