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FSLRFirst Solar, Inc.

Is the current ratio high or low?

The current ratio of 2.56 is 20% below its 5-year average of 3.22, near the low end of its 5-year range (1.90–4.77).

As of Friday, June 26, 2026. 16.51% above its 12-month average of 2.19.

Quick Ratio|Debt to Equity|P/B Ratio|All Metrics
Current Ratio

FSLR Current Ratio

2.56

Reported quarterly current ratio; no daily interpolation.

-46.45% 5Y
FSLR Current Ratio

FSLR Average Current Ratio Chart

FSLR Current Ratio

FSLR Current vs Average Current Ratio Chart

FSLR Current Ratio Metrics

CURRENT RATIO

2.56

CURRENT RATIO AVG TTM

2.19

CURRENT RATIO AVG 3Y

2.57

CURRENT RATIO AVG 5Y

3.22

CURRENT RATIO AVG 10Y

3.83

CURRENT RATIO AVG 15Y

3.33

CURRENT RATIO AVG 20Y

3.42

CURRENT VS TTM AVG

+16.51%

CURRENT VS 3Y AVG

-0.43%

CURRENT VS 5Y AVG

-20.48%

CURRENT VS 10Y AVG

-33.27%

CURRENT VS 15Y AVG

-23.29%

CURRENT VS 20Y AVG

-25.24%

FSLR Competitors' Current Ratio

NAMEMARKET CAPCURRENT RATIOTTM3Y5Y
First Solar, Inc. (FSLR)$26.72B2.562.192.573.22
Coterra Energy Inc. (CTRA)vs ›$24.72B1.192.051.791.67
Halliburton Company (HAL)vs ›$28.76B2.042.042.052.11
Tenaris S.A. (TS)vs ›$30.69B3.873.693.513.48
Expand Energy Corporation (EXE)vs ›$21.19B1.010.821.160.98
EQT Corporation (EQT)vs ›$32.31B0.760.730.880.78
APA Corporation (APA)vs ›$11.81B0.820.980.981.08
Antero Midstream Corporation (AM)vs ›$10.78B3.412.291.601.36
Cameco Corporation (CCJ)vs ›$45.11B2.472.042.893.86
Enphase Energy, Inc. (ENPH)vs ›$6.22B2.072.803.443.14

Liquidity Analysis

Current Ratio

2.56

Quick Ratio

2.20

Current Ratio Formula & Definition

Current Ratio = Current Assets / Current Liabilities

The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Current Ratio FAQ

What is the current ratio for First Solar, Inc. (FSLR)?
The current ratio for FSLR stock is 2.56.
Is First Solar, Inc.'s current ratio high or low?
The current ratio of 2.56 is 20% below its 5-year average of 3.22, near the low end of its 5-year range (1.90–4.77).
What is the TTM average current ratio for First Solar, Inc. (FSLR)?
The TTM average current ratio for FSLR stock is 2.19.
What is the 3Y average current ratio for First Solar, Inc. (FSLR)?
The 3Y average current ratio for FSLR stock is 2.57.
What is the 5Y average current ratio for First Solar, Inc. (FSLR)?
The 5Y average current ratio for FSLR stock is 3.22.
What is the 10Y average current ratio for First Solar, Inc. (FSLR)?
The 10Y average current ratio for FSLR stock is 3.83.
What is the 15Y average current ratio for First Solar, Inc. (FSLR)?
The 15Y average current ratio for FSLR stock is 3.33.
What is the 20Y average current ratio for First Solar, Inc. (FSLR)?
The 20Y average current ratio for FSLR stock is 3.42.

FSLR Current Ratio History

DATECURRENT RATIO
2026-03-312.56
2025-12-312.67
2025-09-301.91
2025-06-301.90
2025-03-311.93
2024-12-312.45
2024-09-302.14
2024-06-302.23
2024-03-312.41
2023-12-313.55
2023-09-303.19
2023-06-303.36
2023-03-313.08
2022-12-313.65
2022-09-304.09
2022-06-304.21
2022-03-314.07
2021-12-314.39
2021-09-304.26
2021-06-304.77
2021-03-314.69
2020-12-313.56
2020-09-303.83
2020-06-303.66
2020-03-313.75
2019-12-312.73
2019-09-304.00
2019-06-304.05
2019-03-314.38
2018-12-314.57
2018-09-304.48
2018-06-304.89
2018-03-316.81
2017-12-315.89
2017-09-306.85
2017-06-306.82
2017-03-316.32
2016-12-314.21
2016-09-302.46
2016-06-303.23
2016-03-313.08
2015-12-313.48
2015-09-303.65
2015-06-303.45
2015-03-313.20
2014-12-313.19
2014-09-303.54
2014-06-302.62
2014-03-313.04
2013-12-312.39
2013-09-302.20
2013-06-301.94
2013-03-312.03
2012-12-312.57
2012-09-302.38
2012-06-302.56
2012-03-312.48
2011-12-312.68
2011-09-303.25
2011-06-303.10
2011-03-312.97
2010-12-313.37
2010-09-253.53
2010-06-264.97
2010-03-274.36
2009-12-313.42
2009-09-303.47
2009-07-313.40
2009-03-313.93
2008-12-312.82
2008-09-273.23
2008-06-283.00
2008-03-293.51
2007-12-314.30
2007-09-297.09
2007-06-305.50
2007-03-315.68
2006-12-317.46
2006-09-301.27
2006-06-300.00
2006-03-310.00
2005-12-310.78
2005-09-300.00
2005-06-300.00
2005-03-310.00
2004-12-312.29
2004-09-300.00
2004-06-300.00
2004-03-310.00

Related Metrics

Quick RatioDebt to EquityP/B RatioAll Metrics

About First Solar, Inc.

First Solar, Inc. is a global provider of photovoltaic (PV) solar energy solutions, operating in numerous international markets including the United States, Japan, France, Canada, India, and Australia. The company's primary activity involves the engineering, manufacturing, and sale of cadmium telluride solar modules, which are designed to convert solar radiation directly into electricity. Its clientele is broad, serving system developers and operators, utility companies, independent power producers, commercial and industrial businesses, and various other system owners. Founded in 1999, the firm is based in Tempe, Arizona, and underwent a name change in 2006 from its former designation, First Solar Holdings, Inc.

Phoenix, AZ
8,100 employees
www.firstsolar.com
Energy / Solar
Sector
Energy
Industry
Solar
CEO
Mark R. Widmar
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