Canadian Solar (CSIQ) Quick 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

View full financials

CSIQ Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

0.78

QUICK RATIO (ACID-TEST) AVG TTM

0.81

QUICK RATIO (ACID-TEST) AVG 3Y

0.81

QUICK RATIO (ACID-TEST) AVG 5Y

0.81

QUICK RATIO (ACID-TEST) AVG 10Y

0.84

QUICK RATIO (ACID-TEST) AVG 15Y

0.84

QUICK RATIO (ACID-TEST) AVG 20Y

0.86

CURRENT VS TTM AVG

-2.91%

CURRENT VS 3Y AVG

-3.19%

CURRENT VS 5Y AVG

-3.42%

CURRENT VS 10Y AVG

-7.22%

CURRENT VS 15Y AVG

-6.30%

CURRENT VS 20Y AVG

-9.37%

SECTOR MEDIAN · ENERGY

1.02

median of 52 covered companies

CURRENT VS SECTOR MEDIAN

-23.67%

vs the sector median at left

NAME	MARKET CAP	QUICK RATIO (ACID-TEST)	TTM	3Y	5Y
Canadian Solar Inc. (CSIQ)	$767.65M	0.78	0.81	0.81	0.81
Array Technologies, Inc. (ARRY)vs ›	$614.14M	1.81	1.86	1.76	1.76
Star Group, L.P. (SGU)vs ›	$424.54M	0.69	0.54	0.54	0.52
enCore Energy Corp. (EU)vs ›	$197.14M	6.84	4.92	4.41	4.55
Dorchester Minerals, L.P. (DMLP)vs ›	$1.37B	13.85	15.75	16.35	15.30
Natural Resource Partners L.P. (NRP)vs ›	$1.45B	2.12	1.93	1.59	1.80
SolarEdge Technologies, Inc. (SEDG)vs ›	$2.00B	1.38	1.41	1.83	2.17
Centrus Energy Corp. (LEU)vs ›	$2.65B	4.52	3.55	2.19	1.77
Helmerich & Payne, Inc. (HP)vs ›	$3.86B	1.55	1.90	2.06	2.32
Oceaneering International, Inc. (OII)vs ›	$4.42B	1.90	1.73	1.73	1.89

NAME

MARKET CAP

QUICK RATIO (ACID-TEST)

TTM

Canadian Solar Inc. (CSIQ)

$767.65M

0.78

0.81

Array Technologies, Inc. (ARRY)vs ›

$614.14M

1.81

1.86

1.76

Star Group, L.P. (SGU)vs ›

$424.54M

0.69

0.54

0.52

enCore Energy Corp. (EU)vs ›

$197.14M

6.84

4.92

4.41

4.55

Dorchester Minerals, L.P. (DMLP)vs ›

$1.37B

13.85

15.75

16.35

15.30

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

$1.45B

2.12

1.93

1.59

1.80

SolarEdge Technologies, Inc. (SEDG)vs ›

$2.00B

1.38

1.41

1.83

2.17

Centrus Energy Corp. (LEU)vs ›

$2.65B

4.52

3.55

2.19

1.77

Helmerich & Payne, Inc. (HP)vs ›

$3.86B

1.55

1.90

2.06

2.32

Oceaneering International, Inc. (OII)vs ›

$4.42B

1.90

1.73

1.89

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Canadian Solar Inc. (CSIQ)?

The quick ratio (acid-test) for CSIQ stock is 0.78.

Is Canadian Solar Inc.'s quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 0.78 is in line with its 5-year average of 0.81, around the middle of its 5-year range (0.68–0.96).

What is the TTM average quick ratio (acid-test) for Canadian Solar Inc. (CSIQ)?

The TTM average quick ratio (acid-test) for CSIQ stock is 0.81.

What is the 3Y average quick ratio (acid-test) for Canadian Solar Inc. (CSIQ)?

The 3Y average quick ratio (acid-test) for CSIQ stock is 0.81.

What is the 5Y average quick ratio (acid-test) for Canadian Solar Inc. (CSIQ)?

The 5Y average quick ratio (acid-test) for CSIQ stock is 0.81.

What is the 10Y average quick ratio (acid-test) for Canadian Solar Inc. (CSIQ)?

The 10Y average quick ratio (acid-test) for CSIQ stock is 0.84.

What is the 15Y average quick ratio (acid-test) for Canadian Solar Inc. (CSIQ)?

The 15Y average quick ratio (acid-test) for CSIQ stock is 0.84.

What is the 20Y average quick ratio (acid-test) for Canadian Solar Inc. (CSIQ)?

The 20Y average quick ratio (acid-test) for CSIQ stock is 0.86.

DATE	QUICK RATIO (ACID-TEST)
2026-06-30	0.78
2026-03-31	0.81
2025-12-31	0.70
2025-09-30	0.86
2025-06-30	0.87
2025-03-31	0.80
2024-12-31	0.76
2024-09-30	0.85
2024-06-30	0.72
2024-03-31	0.71
2023-12-31	0.76
2023-09-30	0.91
2023-06-30	0.96
2023-03-31	0.75
2022-12-31	0.78
2022-09-30	0.84
2022-06-30	0.86
2022-03-31	0.85
2021-12-31	0.68
2021-09-30	0.90
2021-06-30	0.84
2021-03-31	0.90
2020-12-31	0.71
2020-09-30	1.04
2020-06-30	0.95
2020-03-31	0.95
2019-12-31	0.66
2019-09-30	0.95
2019-06-30	0.87
2019-03-31	0.88
2018-12-31	0.95
2018-09-30	0.83
2018-06-30	0.84
2018-03-31	0.83
2017-12-31	0.91
2017-09-30	0.88
2017-06-30	0.88
2017-03-31	0.87
2016-12-31	0.94
2016-09-30	1.02
2016-06-30	0.70
2016-03-31	0.68
2015-12-31	0.73
2015-09-30	0.74
2015-06-30	0.74
2015-03-31	0.95
2014-12-31	0.97
2014-09-30	0.99
2014-06-30	0.90
2014-03-31	0.90
2013-12-31	0.84
2013-09-30	0.84
2013-06-30	0.88
2013-03-31	0.72
2012-12-31	0.76
2012-09-30	0.77
2012-06-30	0.73
2012-03-31	0.75
2011-12-31	0.81
2011-09-30	0.81
2011-06-30	0.86
2011-03-31	0.90
2010-12-31	0.98
2010-09-30	1.05
2010-06-30	1.02
2010-03-31	1.09
2009-12-31	1.15
2009-09-30	1.02
2009-06-30	1.16
2009-03-31	1.21
2008-12-31	1.43
2008-09-30	1.71
2008-06-30	1.60
2008-03-31	1.81
2007-12-31	2.52
2007-09-30	1.31
2007-06-30	1.48
2007-03-31	3.63
2006-12-31	4.87
2006-09-30	0.75
2006-06-30	0.88
2006-03-31	0.00
2005-12-31	0.93
2005-09-30	0.00
2005-06-30	0.00
2005-03-31	0.00
2004-12-31	1.18
2004-09-30	0.00
2004-06-30	0.00
2004-03-31	0.00

DATE

QUICK RATIO (ACID-TEST)

2026-06-30

0.78

2026-03-31

0.81

2025-12-31

0.70

2025-09-30

0.86

2025-06-30

0.87

2025-03-31

0.80

2024-12-31

0.76

2024-09-30

0.85

2024-06-30

0.72

2024-03-31

0.71

2023-12-31

0.76

2023-09-30

0.91

2023-06-30

0.96

2023-03-31

0.75

2022-12-31

0.78

2022-09-30

0.84

2022-06-30

0.86

2022-03-31

0.85

2021-12-31

0.68

2021-09-30

0.90

2021-06-30

0.84

2021-03-31

0.90

2020-12-31

0.71

2020-09-30

1.04

2020-06-30

0.95

2020-03-31

0.95

2019-12-31

0.66

2019-09-30

0.95

2019-06-30

0.87

2019-03-31

0.88

2018-12-31

0.95

2018-09-30

0.83

2018-06-30

0.84

2018-03-31

0.83

2017-12-31

0.91

2017-09-30

0.88

2017-06-30

0.88

2017-03-31

0.87

2016-12-31

0.94

2016-09-30

1.02

2016-06-30

0.70

2016-03-31

0.68

2015-12-31

0.73

2015-09-30

0.74

2015-06-30

0.74

2015-03-31

0.95

2014-12-31

0.97

2014-09-30

0.99

2014-06-30

0.90

2014-03-31

0.90

2013-12-31

0.84

2013-09-30

0.84

2013-06-30

0.88

2013-03-31

0.72

2012-12-31

0.76

2012-09-30

0.77

2012-06-30

0.73

2012-03-31

0.75

2011-12-31

0.81

2011-09-30

0.81

2011-06-30

0.86

2011-03-31

0.90

2010-12-31

0.98

2010-09-30

1.05

2010-06-30

1.02

2010-03-31

1.09

2009-12-31

1.15

2009-09-30

1.02

2009-06-30

1.16

2009-03-31

1.21

2008-12-31

1.43

2008-09-30

1.71

2008-06-30

1.60

2008-03-31

1.81

2007-12-31

2.52

2007-09-30

1.31

2007-06-30

1.48

2007-03-31

3.63

2006-12-31

4.87

2006-09-30

0.75

2006-06-30

0.88

2006-03-31

0.00

2005-12-31

0.93

2005-09-30

0.00

2005-06-30

0.00

2005-03-31

0.00

2004-12-31

1.18

2004-09-30

0.00

2004-06-30

0.00

2004-03-31

0.00

Quick Ratio (Acid-Test): 0.78

CSIQ Quick Ratio

CSIQ Average Quick Ratio (Acid-Test) Chart

CSIQ Current vs Average Quick Ratio (Acid-Test) Chart

CSIQ Quick Ratio (Acid-Test) Metrics

CSIQ Competitors' Quick Ratio (Acid-Test)

Liquidity Comparison

Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio (Acid-Test) FAQ

CSIQ Quick Ratio (Acid-Test) History

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