First Solar, Inc.

NasdaqGS FSLR

First Solar, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 0.09

First Solar, Inc. Debt to Equity Ratio is 0.09 for the Trailing 12 Months (TTM) ending September 30, 2024, a 48.33% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

First Solar, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 0.06, a 58.00% change year over year.
First Solar, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 0.04, a -30.00% change year over year.
First Solar, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 0.06, a -29.69% change year over year.
First Solar, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was 0.08, a -17.39% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NasdaqGS: FSLR

First Solar, Inc.

CEO	Mr. Mark R. Widmar
IPO Date	Nov. 17, 2006
Location	United States
Headquarters	350 West Washington Street
Employees	6,700
Sector	Energy
Industries Solar Energy Renewables

Description

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.

Key trends

Past 5 years