Canadian Solar (CSIQ) Interest Coverage Ratio: History & Chart

Canadian Solar Inc.(CSIQ)

Solar · Kitchener, ON

$11.31+0.04 (+0.32%)

Delayed quote: Oct 2, 2026, 3:05 PM EDT

About Canadian Solar Inc.

Canadian Solar Inc. and its affiliates operate globally, specializing in the design, development, production, and sale of solar energy components, including ingots, wafers, cells, and modules, alongside a range of solar power and battery storage solutions across Asia, the Americas, and Europe. The company's operations are structured into two main divisions: CSI Solar and Global Energy. The CSI Solar segment offers standard solar modules, comprehensive battery storage systems, and complete, ready-to-install solar kits that encompass inverters, racking systems, and other essential accessories. This division also provides engineering, procurement, and construction (EPC) services. Conversely, the Global Energy segment is involved in the entire lifecycle of solar and battery storage projects, from development and construction to ongoing maintenance and sale. It also manages the operation of solar power facilities and sells generated electricity. This segment further delivers extensive operation and maintenance (O&M) support, such as monitoring, inspections, equipment repair and replacement, site management, and administrative services for solar ventures, in addition to asset management. As of January 31, 2021, this division managed an operational fleet of solar power plants with an aggregate capacity of approximately 445 MWp. Canadian Solar serves a diverse clientele, including distributors, system integrators, project developers, and installation/EPC companies. Its products are primarily marketed under the Canadian Solar brand, with some sales also occurring on an OEM (Original Equipment Manufacturer) basis. Established in 2001, the company is headquartered in Guelph, Canada.

Kitchener, ON

12,587 employees

www.canadiansolar.com

Energy / Solar

Sector: Energy
Industry: Solar
CEO: Colin Parkin

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CSIQ Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

0.24x

INTEREST COVERAGE RATIO AVG TTM

0.52x

INTEREST COVERAGE RATIO AVG 3Y

0.19x

INTEREST COVERAGE RATIO AVG 5Y

2.15x

INTEREST COVERAGE RATIO AVG 10Y

2.45x

INTEREST COVERAGE RATIO AVG 15Y

2.43x

INTEREST COVERAGE RATIO AVG 20Y

2.74x

CURRENT VS TTM AVG

-53.40%

CURRENT VS 3Y AVG

+27.34%

CURRENT VS 5Y AVG

-88.85%

CURRENT VS 10Y AVG

-90.19%

CURRENT VS 15Y AVG

-90.14%

CURRENT VS 20Y AVG

-91.25%

SECTOR MEDIAN · ENERGY

6.12x

median of 50 covered companies

CURRENT VS SECTOR MEDIAN

-96.08%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Canadian Solar Inc. (CSIQ)	$767.65M	0.24x	0.52x	0.19x	2.15x
Array Technologies, Inc. (ARRY)vs ›	$614.14M	2.70x	2.70x	3.77x	4.61x
Star Group, L.P. (SGU)vs ›	$424.54M	6.71x	6.62x	6.01x	8.38x
enCore Energy Corp. (EU)vs ›	$197.14M	-26.60x	N/A	N/A	N/A
Dorchester Minerals, L.P. (DMLP)vs ›	$1.37B	N/A	595.74x	595.74x	595.74x
Natural Resource Partners L.P. (NRP)vs ›	$1.45B	17.46x	15.14x	15.12x	12.86x
SolarEdge Technologies, Inc. (SEDG)vs ›	$2.00B	-3.52x	9.00x	12.72x	23.08x
Centrus Energy Corp. (LEU)vs ›	$2.65B	3.59x	10.69x	45.27x	229.01x
Helmerich & Payne, Inc. (HP)vs ›	$3.86B	2.15x	8.84x	13.14x	13.14x
Oceaneering International, Inc. (OII)vs ›	$4.42B	8.24x	7.37x	5.65x	4.72x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Canadian Solar Inc. (CSIQ)

$767.65M

0.24x

0.52x

0.19x

2.15x

Array Technologies, Inc. (ARRY)vs ›

$614.14M

2.70x

3.77x

4.61x

Star Group, L.P. (SGU)vs ›

$424.54M

6.71x

6.62x

6.01x

8.38x

enCore Energy Corp. (EU)vs ›

$197.14M

-26.60x

N/A

Dorchester Minerals, L.P. (DMLP)vs ›

$1.37B

N/A

595.74x

Natural Resource Partners L.P. (NRP)vs ›

$1.45B

17.46x

15.14x

15.12x

12.86x

SolarEdge Technologies, Inc. (SEDG)vs ›

$2.00B

-3.52x

9.00x

12.72x

23.08x

Centrus Energy Corp. (LEU)vs ›

$2.65B

3.59x

10.69x

45.27x

229.01x

Helmerich & Payne, Inc. (HP)vs ›

$3.86B

2.15x

8.84x

13.14x

Oceaneering International, Inc. (OII)vs ›

$4.42B

8.24x

7.37x

5.65x

4.72x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Canadian Solar Inc. (CSIQ)?

The interest coverage ratio for CSIQ stock is 0.24x.

Is Canadian Solar Inc.'s interest coverage ratio high or low?

The interest coverage ratio of 0.24x is 89% below its 5-year average of 2.15x, around the middle of its 5-year range (-3.59x–7.36x).

What is the TTM average interest coverage ratio for Canadian Solar Inc. (CSIQ)?

The TTM average interest coverage ratio for CSIQ stock is 0.52x.

What is the 3Y average interest coverage ratio for Canadian Solar Inc. (CSIQ)?

The 3Y average interest coverage ratio for CSIQ stock is 0.19x.

What is the 5Y average interest coverage ratio for Canadian Solar Inc. (CSIQ)?

The 5Y average interest coverage ratio for CSIQ stock is 2.15x.

What is the 10Y average interest coverage ratio for Canadian Solar Inc. (CSIQ)?

The 10Y average interest coverage ratio for CSIQ stock is 2.45x.

What is the 15Y average interest coverage ratio for Canadian Solar Inc. (CSIQ)?

The 15Y average interest coverage ratio for CSIQ stock is 2.43x.

What is the 20Y average interest coverage ratio for Canadian Solar Inc. (CSIQ)?

The 20Y average interest coverage ratio for CSIQ stock is 2.74x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	-1.12x
2026-03-31	1.39x
2025-12-31	-1.32x
2025-09-30	0.78x
2025-06-30	2.84x
2025-03-31	-1.35x
2024-12-31	-3.59x
2024-09-30	0.01x
2024-06-30	1.44x
2024-03-31	1.01x
2023-12-31	-0.61x
2023-09-30	2.77x
2023-06-30	7.36x
2023-03-31	7.12x
2022-12-31	6.72x
2022-09-30	4.65x
2022-06-30	5.89x
2022-03-31	1.01x
2021-12-31	4.34x
2021-09-30	4.04x
2021-06-30	1.78x
2021-03-31	2.96x
2020-12-31	0.14x
2020-09-30	3.30x
2020-06-30	2.68x
2020-03-31	5.97x
2019-12-31	5.65x
2019-09-30	4.16x
2019-06-30	2.94x
2019-03-31	0.30x
2018-12-31	5.94x
2018-09-30	3.57x
2018-06-30	2.03x
2018-03-31	2.64x
2017-12-31	3.89x
2017-09-30	1.72x
2017-06-30	3.13x
2017-03-31	-0.10x
2016-12-31	-0.51x
2016-09-30	1.43x
2016-06-30	3.33x
2016-03-31	2.38x
2015-12-31	6.17x
2015-09-30	2.37x
2015-06-30	2.52x
2015-03-31	7.03x
2014-12-31	9.58x
2014-09-30	13.02x
2014-06-30	5.29x
2014-03-31	2.21x
2013-12-31	4.55x
2013-09-30	4.70x
2013-06-30	1.24x
2013-03-31	1.23x
2012-12-31	-9.25x
2012-09-30	-2.26x
2012-06-30	-0.20x
2012-03-31	-1.03x
2011-12-31	-1.83x
2011-09-30	-2.84x
2011-06-30	2.19x
2011-03-31	3.44x
2010-12-31	6.50x
2010-09-30	7.43x
2010-06-30	2.64x
2010-03-31	5.49x
2009-12-31	-5.55x
2009-09-30	7.96x
2009-06-30	6.75x
2009-03-31	-4.78x
2008-12-31	-18.15x
2008-09-30	7.62x
2008-06-30	7.37x
2008-03-31	8.91x
2007-12-31	3.86x
2007-09-30	-1.13x
2007-06-30	-10.15x
2006-12-31	-22.74x
2006-09-30	2.52x
2006-06-30	3.12x

DATE

INTEREST COVERAGE RATIO

2026-06-30

-1.12x

2026-03-31

1.39x

2025-12-31

-1.32x

2025-09-30

0.78x

2025-06-30

2.84x

2025-03-31

-1.35x

2024-12-31

-3.59x

2024-09-30

0.01x

2024-06-30

1.44x

2024-03-31

1.01x

2023-12-31

-0.61x

2023-09-30

2.77x

2023-06-30

7.36x

2023-03-31

7.12x

2022-12-31

6.72x

2022-09-30

4.65x

2022-06-30

5.89x

2022-03-31

1.01x

2021-12-31

4.34x

2021-09-30

4.04x

2021-06-30

1.78x

2021-03-31

2.96x

2020-12-31

0.14x

2020-09-30

3.30x

2020-06-30

2.68x

2020-03-31

5.97x

2019-12-31

5.65x

2019-09-30

4.16x

2019-06-30

2.94x

2019-03-31

0.30x

2018-12-31

5.94x

2018-09-30

3.57x

2018-06-30

2.03x

2018-03-31

2.64x

2017-12-31

3.89x

2017-09-30

1.72x

2017-06-30

3.13x

2017-03-31

-0.10x

2016-12-31

-0.51x

2016-09-30

1.43x

2016-06-30

3.33x

2016-03-31

2.38x

2015-12-31

6.17x

2015-09-30

2.37x

2015-06-30

2.52x

2015-03-31

7.03x

2014-12-31

9.58x

2014-09-30

13.02x

2014-06-30

5.29x

2014-03-31

2.21x

2013-12-31

4.55x

2013-09-30

4.70x

2013-06-30

1.24x

2013-03-31

1.23x

2012-12-31

-9.25x

2012-09-30

-2.26x

2012-06-30

-0.20x

2012-03-31

-1.03x

2011-12-31

-1.83x

2011-09-30

-2.84x

2011-06-30

2.19x

2011-03-31

3.44x

2010-12-31

6.50x

2010-09-30

7.43x

2010-06-30

2.64x

2010-03-31

5.49x

2009-12-31

-5.55x

2009-09-30

7.96x

2009-06-30

6.75x

2009-03-31

-4.78x

2008-12-31

-18.15x

2008-09-30

7.62x

2008-06-30

7.37x

2008-03-31

8.91x

2007-12-31

3.86x

2007-09-30

-1.13x

2007-06-30

-10.15x

2006-12-31

-22.74x

2006-09-30

2.52x

2006-06-30

3.12x

Interest Coverage Ratio: 0.24x

CSIQ Interest Coverage Ratio

CSIQ Average Interest Coverage Ratio Chart

CSIQ Current vs Average Interest Coverage Ratio Chart

CSIQ Interest Coverage Ratio Metrics

CSIQ Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

CSIQ Interest Coverage Ratio History

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