First Historical Balance Sheet

FSLR Stock

USD 192.82 6.77 3.64%

Trend analysis of First Solar balance sheet accounts such as Total Stockholder Equity of 3.8 B or Property Plant And Equipment Net of 4.7 B provides information on First Solar's total assets, liabilities, and equity, which is the actual value of First Solar to its prevalent stockholders. By breaking down trends over time using First Solar balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining First Solar latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Solar is a good buy for the upcoming year.

First Solar Inventory

1.06 Billion

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Solar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in First Stock, please use our How to Invest in First Solar guide.

About First Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of First Solar at a specified time, usually calculated after every quarter, six months, or one year. First Solar Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First Solar and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.

First Solar Balance Sheet Chart

At this time, First Solar's Total Liabilities is relatively stable compared to the past year. As of 11/26/2024, Property Plant And Equipment Gross is likely to grow to about 6.5 B, while Total Stockholder Equity is likely to drop slightly above 3.8 B.

Total Assets Short Long Term Debt Total Property Plant And Equipment Net Net Debt Cash Property Plant Equipment

Add Fundamental

Total Assets

Total assets refers to the total amount of First 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 First 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. 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash

Cash refers to the most liquid asset of First Solar, which is listed under current asset account on First Solar balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from First Solar customers. The amounts must be unrestricted with restricted cash listed in a different First Solar account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most accounts from First Solar's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into First Solar current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Solar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in First Stock, please use our How to Invest in First Solar guide.At this time, First Solar's Total Liabilities is relatively stable compared to the past year. As of 11/26/2024, Property Plant And Equipment Gross is likely to grow to about 6.5 B, while Total Stockholder Equity is likely to drop slightly above 3.8 B.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	239.9M	193.5M	624.4M	655.6M
Total Assets	7.4B	8.3B	10.4B	5.3B

Short Long Term Debt Total Total Assets

First Solar balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Gross	Other Current Liab	Total Current Liabilities	Retained Earnings	Accounts Payable	Short Term Investments	Other Current Assets	Other Liab	Long Term Debt
Total Assets		0.35	0.96	0.57	-0.6	0.8	0.75	0.6	0.46	0.74	0.39	0.91	0.48	0.6	0.92	0.6	0.95	0.48	0.48	0.74	0.74	0.61	0.42	0.54	0.51	0.39
Short Long Term Debt Total	0.35		0.19	0.55	0.05	0.15	0.58	-0.03	0.15	0.03	0.85	0.19	0.8	0.54	0.2	0.77	0.3	0.6	0.14	0.37	0.41	0.23	-0.24	-0.04	0.63	0.88
Total Stockholder Equity	0.96	0.19		0.53	-0.69	0.83	0.72	0.67	0.45	0.81	0.22	0.97	0.33	0.54	0.96	0.44	0.92	0.42	0.36	0.6	0.78	0.52	0.53	0.65	0.36	0.24
Property Plant And Equipment Net	0.57	0.55	0.53		-0.43	0.41	0.9	-0.05	-0.15	0.34	0.68	0.5	0.82	0.87	0.43	0.79	0.44	0.97	0.01	0.35	0.87	0.27	0.04	0.24	0.76	0.28
Net Debt	-0.6	0.05	-0.69	-0.43		-0.9	-0.52	-0.52	-0.15	-0.86	-0.08	-0.74	-0.29	-0.36	-0.69	-0.33	-0.68	-0.4	-0.27	-0.26	-0.68	-0.12	-0.48	-0.4	-0.35	0.14
Cash	0.8	0.15	0.83	0.41	-0.9		0.53	0.58	0.27	0.92	0.16	0.84	0.34	0.32	0.82	0.39	0.86	0.35	0.36	0.43	0.63	0.24	0.5	0.42	0.37	0.21
Non Current Assets Total	0.75	0.58	0.72	0.9	-0.52	0.53		0.33	0.28	0.45	0.71	0.69	0.81	0.93	0.66	0.85	0.63	0.87	0.24	0.55	0.95	0.51	0.1	0.43	0.78	0.32
Non Currrent Assets Other	0.6	-0.03	0.67	-0.05	-0.52	0.58	0.33		0.79	0.57	0.04	0.68	-0.03	0.21	0.73	0.17	0.69	-0.07	0.61	0.55	0.39	0.41	0.4	0.49	-0.01	0.01
Other Assets	0.46	0.15	0.45	-0.15	-0.15	0.27	0.28	0.79		0.24	0.13	0.46	0.05	0.18	0.55	0.21	0.47	-0.19	0.57	0.52	0.19	0.63	0.14	0.49	0.12	0.2
Cash And Short Term Investments	0.74	0.03	0.81	0.34	-0.86	0.92	0.45	0.57	0.24		-0.01	0.87	0.2	0.21	0.84	0.27	0.84	0.25	0.33	0.38	0.58	0.33	0.8	0.59	0.28	0.12
Net Receivables	0.39	0.85	0.22	0.68	-0.08	0.16	0.71	0.04	0.13	-0.01		0.17	0.92	0.76	0.18	0.91	0.33	0.77	0.28	0.46	0.58	0.28	-0.35	-0.13	0.79	0.56
Common Stock Shares Outstanding	0.91	0.19	0.97	0.5	-0.74	0.84	0.69	0.68	0.46	0.87	0.17		0.3	0.49	0.99	0.42	0.91	0.38	0.39	0.57	0.76	0.49	0.63	0.74	0.33	0.24
Non Current Liabilities Total	0.48	0.8	0.33	0.82	-0.29	0.34	0.81	-0.03	0.05	0.2	0.92	0.3		0.79	0.28	0.95	0.41	0.87	0.16	0.41	0.7	0.34	-0.16	0.0	0.94	0.52
Inventory	0.6	0.54	0.54	0.87	-0.36	0.32	0.93	0.21	0.18	0.21	0.76	0.49	0.79		0.46	0.84	0.46	0.88	0.22	0.52	0.86	0.42	-0.13	0.22	0.76	0.2
Other Stockholder Equity	0.92	0.2	0.96	0.43	-0.69	0.82	0.66	0.73	0.55	0.84	0.18	0.99	0.28	0.46		0.43	0.93	0.31	0.51	0.66	0.7	0.56	0.6	0.7	0.32	0.27
Total Liab	0.6	0.77	0.44	0.79	-0.33	0.39	0.85	0.17	0.21	0.27	0.91	0.42	0.95	0.84	0.43		0.55	0.83	0.43	0.66	0.72	0.48	-0.08	0.09	0.92	0.49
Total Current Assets	0.95	0.3	0.92	0.44	-0.68	0.86	0.63	0.69	0.47	0.84	0.33	0.91	0.41	0.46	0.93	0.55		0.36	0.59	0.74	0.66	0.53	0.54	0.48	0.45	0.36
Property Plant And Equipment Gross	0.48	0.6	0.42	0.97	-0.4	0.35	0.87	-0.07	-0.19	0.25	0.77	0.38	0.87	0.88	0.31	0.83	0.36		0.0	0.3	0.84	0.17	-0.1	0.09	0.79	0.26
Other Current Liab	0.48	0.14	0.36	0.01	-0.27	0.36	0.24	0.61	0.57	0.33	0.28	0.39	0.16	0.22	0.51	0.43	0.59	0.0		0.87	0.14	0.51	0.2	0.2	0.24	0.13
Total Current Liabilities	0.74	0.37	0.6	0.35	-0.26	0.43	0.55	0.55	0.52	0.38	0.46	0.57	0.41	0.52	0.66	0.66	0.74	0.3	0.87		0.41	0.67	0.19	0.26	0.46	0.34
Retained Earnings	0.74	0.41	0.78	0.87	-0.68	0.63	0.95	0.39	0.19	0.58	0.58	0.76	0.7	0.86	0.7	0.72	0.66	0.84	0.14	0.41		0.37	0.24	0.45	0.66	0.16
Accounts Payable	0.61	0.23	0.52	0.27	-0.12	0.24	0.51	0.41	0.63	0.33	0.28	0.49	0.34	0.42	0.56	0.48	0.53	0.17	0.51	0.67	0.37		0.37	0.5	0.5	0.25
Short Term Investments	0.42	-0.24	0.53	0.04	-0.48	0.5	0.1	0.4	0.14	0.8	-0.35	0.63	-0.16	-0.13	0.6	-0.08	0.54	-0.1	0.2	0.19	0.24	0.37		0.65	-0.04	-0.04
Other Current Assets	0.54	-0.04	0.65	0.24	-0.4	0.42	0.43	0.49	0.49	0.59	-0.13	0.74	0.0	0.22	0.7	0.09	0.48	0.09	0.2	0.26	0.45	0.5	0.65		0.08	0.04
Other Liab	0.51	0.63	0.36	0.76	-0.35	0.37	0.78	-0.01	0.12	0.28	0.79	0.33	0.94	0.76	0.32	0.92	0.45	0.79	0.24	0.46	0.66	0.5	-0.04	0.08		0.36
Long Term Debt	0.39	0.88	0.24	0.28	0.14	0.21	0.32	0.01	0.2	0.12	0.56	0.24	0.52	0.2	0.27	0.49	0.36	0.26	0.13	0.34	0.16	0.25	-0.04	0.04	0.36

Click cells to compare fundamentals

First Solar Account Relationship Matchups

First Solar balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.5B	7.1B	7.4B	8.3B	10.4B	5.3B
Short Long Term Debt Total	471.7M	279.2M	239.9M	193.5M	624.4M	655.6M
Total Stockholder Equity	5.1B	5.5B	6.0B	5.8B	6.7B	3.8B
Property Plant And Equipment Net	2.7B	2.6B	2.9B	3.5B	4.5B	4.7B
Net Debt	(881.0M)	(947.8M)	(1.2B)	(1.3B)	(1.3B)	(1.3B)
Cash	1.4B	1.2B	1.5B	1.5B	1.9B	1.0B
Non Current Assets Total	3.9B	4.1B	4.2B	4.5B	5.7B	6.0B
Non Currrent Assets Other	1.0B	940.8M	946.0M	588.3M	994.6M	728.1M
Other Assets	1.0B	1.4B	1.1B	777.9M	894.6M	965.4M
Cash And Short Term Investments	2.2B	1.7B	1.8B	2.6B	2.1B	1.4B
Net Receivables	658.5M	292.5M	454.7M	355.0M	1.4B	1.5B
Common Stock Shares Outstanding	105.3M	106.7M	106.9M	106.6M	107.4M	93.0M
Liabilities And Stockholders Equity	7.5B	7.1B	7.4B	8.3B	10.4B	5.3B
Non Current Liabilities Total	1.1B	740.6M	727.3M	1.4B	2.4B	2.5B
Inventory	497.1M	567.6M	666.3M	621.4M	1.0B	1.1B
Other Stockholder Equity	2.8B	2.9B	2.9B	2.9B	2.9B	2.1B
Total Liab	2.4B	1.6B	1.5B	2.4B	3.7B	3.9B
Total Current Assets	3.6B	3.0B	3.2B	3.8B	4.6B	2.5B
Property Plant And Equipment Gross	2.8B	2.4B	2.9B	3.5B	6.2B	6.5B
Other Current Liab	759.4M	405.1M	310.4M	394.8M	529.9M	413.0M
Total Current Liabilities	1.3B	847.4M	726.9M	1.0B	1.3B	813.0M
Retained Earnings	2.3B	2.7B	3.2B	3.1B	4.0B	4.2B
Accounts Payable	218.1M	183.3M	193.4M	341.4M	207.2M	184.8M
Short Term Investments	811.5M	520.1M	375.4M	1.1B	155.5M	147.7M
Other Current Assets	280.0M	308.6M	242.7M	233.9M	112.6M	154.2M
Accumulated Other Comprehensive Income	(79.3M)	(61.7M)	(96.4M)	(191.8M)	(174.1M)	(165.4M)
Other Liab	526.8M	502.9M	345.4M	1.2B	1.3B	1.4B
Long Term Debt	454.2M	237.7M	236.0M	184.3M	464.1M	290.2M
Short Term Debt	17.5M	55.5M	16.7M	9.2M	106.6M	111.9M
Intangible Assets	64.5M	56.1M	45.5M	31.1M	64.5M	78.6M
Property Plant Equipment	2.3B	2.6B	2.9B	3.6B	4.2B	4.4B
Current Deferred Revenue	323.2M	188.8M	201.9M	263.2M	413.6M	215.6M
Net Tangible Assets	5.0B	5.5B	5.9B	5.8B	6.7B	5.1B
Retained Earnings Total Equity	2.4B	2.3B	2.7B	3.2B	3.7B	2.4B
Long Term Debt Total	461.2M	454.2M	237.7M	236.0M	271.4M	337.2M
Capital Surpluse	2.8B	2.8B	2.9B	2.9B	3.3B	2.8B

Pair Trading with First 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 First 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 First Solar will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

0.68	VECO	Veeco Instruments	Pair Corr
0.64	ICG	Intchains Group	Pair Corr
0.78	TER	Teradyne	Pair Corr

Moving against First Stock

0.71	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.7	CWAN	Clearwater Analytics	Pair Corr
0.68	EHGO	Eshallgo Class A	Pair Corr
0.5	KLIC	Kulicke and Soffa	Pair Corr
0.48	ASAN	Asana Inc Sell-off Trend	Pair Corr

The ability to find closely correlated positions to First 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 First 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 First 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 First Solar to buy it.

The correlation of First 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 First Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First 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 First 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 Correlation Correlation Matching

Additional Tools for First Stock Analysis

When running First Solar's price analysis, check to measure First 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 First Solar is operating at the current time. Most of First Solar's value examination focuses on studying past and present price action to predict the probability of First 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 First Solar's price. Additionally, you may evaluate how the addition of First Solar to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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First Historical Balance Sheet

First Solar Inventory

1.06 Billion

About First Balance Sheet Analysis

First Solar Balance Sheet Chart

Total Assets

Property Plant And Equipment Net

Net Debt

Cash

First Solar balance sheet Correlations

First Solar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Solar balance sheet Accounts

Pair Trading with First Solar

Moving together with First Stock

Moving against First Stock

Additional Tools for First Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock Shares Outstanding	+ 0.97	Total Stockholder Equity
Property Plant And Equipment Gross	+ 0.97	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.96	Total Assets
Other Stockholder Equity	+ 0.96	Total Stockholder Equity
Total Current Assets	+ 0.95	Total Assets

Cash	- 0.9	Net Debt
Cash And Short Term Investments	- 0.86	Net Debt
Common Stock Shares Outstanding	- 0.74	Net Debt
Other Stockholder Equity	- 0.69	Net Debt
Net Debt	- 0.69	Total Stockholder Equity
Retained Earnings	- 0.68	Net Debt