First Solar Balance Sheet - Quarterly (NASDAQ:FSLR)

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$70.65 $1.44 (2%) FSLR stock closing price Mar 23, 2018 (Closing)

A thorough fundamental analysis involves using data from First Solar balance sheet, apart from other financial statements, to value the business. As in our First Solar stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The First Solar balance sheet for 2017 Q3 shows total assets of $7.05B. The company has a asset turnover ratio of 0.2. Also see: First Solar revenue and First Solar operating cash flow for the same quarter.

View and download First Solar quarterly results to get the balance sheet details for the latest 40 quarters data.
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Fiscal year is Jan - Dec2017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Marketable Securities699.54M719.56M789.44M607.99M675.98M750.77M794.22M703.45M619.81M
Raw Materials32.4M32.83M41.01M47.71M53.42M61.16M59.14M51.31M50.25M
Work In Progress9.75M8.29M10.5M13.2M22.91M14.63M20.62M19.73M25.46M
Finished Goods175.39M303.34M381.08M302.3M292.74M308.71M364.01M309.36M303.45M
Notes Receivable-19.6M19.6M15M---1.27M1.27M
Other Current Assets230.55M234.84M210.62M981.03M437.29M482.27M513.14M573.8M491.3M
Total Current Assets
Property Plant & Equipment2.11B1.95B2.08B2.14B2.75B2.7B2.67B2.62B2.61B
Accumulated Depreciation1.17B1.16B1.39B1.51B1.48B1.43B1.39B1.34B1.28B
Net Property Plant & Equipment
Investment & Advances636.53M225.96M583.7M613.66M448.96M841.26M793.87M733.68M299.1M
Other Non-Current Assets179.84M151.74M149.7M155.24M122.47M126.13M123.93M125.64M126.31M
Deferred Charges276.42M262.87M251.45M252.65M347.08M351.71M359.95M357.69M264.2M
Deposits & Other Assets959.05M1.72B1.5B1.33B2.29B1.73B1.56B1.27B1.59B
Total Assets
Notes Payable---------
Accounts Payable130.7M118.07M143.45M148.73M201.83M263.06M274.99M337.66M303.59M
Current Portion Long-Term Debt13.45M13.57M11.54M27.96M626.02M71.59M94.08M38.09M38.66M
Current Portion Capital Leases---------
Accrued Expenses317.32M190.45M185.33M262.97M328.96M354.52M351.86M409.45M412.16M
Income Taxes Payable4.39M1.55M5M5.28M10.48M1.51M7.41M1.33M2.02M
Other Current Liabilities113.14M180.19M181.71M454.74M240M261.33M335.77M174.26M139.83M
Total Current Liabilities
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt330.2M307.45M265.82M160.42M161.13M161.83M205.26M251.32M246.81M
Non-Current Capital Leases---------
Other Long-Term Liabilities633.07M577.67M583.82M594.39M573.44M625.5M569.45M555.71M528.81M
Total Liabilities
Minority Interest---------
Preferred Stock---------
Common Stock Net---------
Capital Surplus2.79B2.78B2.77B2.76B2.77B2.77B2.75B2.74B2.73B
Retained Earnings2.73B2.52B2.47B2.46B3.13B2.97B2.96B2.79B2.63B
Treasury Stock---------
Other Liabilities-5.85M-12.02M-12.21M-9.9M49.86M56.63M27.09M15.48M28.49M
Shareholders Equity5.51B5.29B5.23B5.21B5.95B5.8B5.74B5.55B5.39B
Total Liabilities & Shareholders Equity7.05B6.68B6.6B6.87B8.09B7.54B7.58B7.32B7.06B
All figures in USD. M: Millions of USD, B: Billions of USD.
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The latest First Solar stock price, and First Solar historical stock prices show the stock price movement over time, and the First Solar PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:

  • Assets: Anything that the First Solar company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. First Solar had total assets of $7.05B.
  • Liabilities: This item on the balance sheet implies the firm's, in this case First Solar's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for FSLR stock stand at $1.54B.

First Solar Balance Sheet - Key Ratios

Current ratio
Debt to equity ratio
Asset turnover ratio
Receivables turnover
Price to book ratio