First Solar (XSWX:FSLR) Cash And Cash Equivalents : CHF1,684 Mil (As of Dec. 2023)

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What is First Solar Cash And Cash Equivalents?

First Solar's quarterly cash and cash equivalents increased from Jun. 2023 (CHF747.25 Mil) to Sep. 2023 (CHF1,343.07 Mil) and increased from Sep. 2023 (CHF1,343.07 Mil) to Dec. 2023 (CHF1,683.76 Mil).

First Solar's annual cash and cash equivalents increased from Dec. 2021 (CHF1,336.05 Mil) to Dec. 2022 (CHF1,379.95 Mil) and increased from Dec. 2022 (CHF1,379.95 Mil) to Dec. 2023 (CHF1,683.76 Mil).

First Solar Cash And Cash Equivalents Historical Data

The historical data trend for First Solar's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Solar Cash And Cash Equivalents Chart

First Solar Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,329.20

1,090.07

1,336.05

1,379.95

1,683.76

First Solar Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,379.95	839.09	747.25	1,343.07	1,683.76

First Solar Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

First Solar (XSWX:FSLR) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

First Solar Cash And Cash Equivalents Related Terms

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First Solar (XSWX:FSLR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » First Solar Inc (XSWX:FSLR) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

FSLR:USA FSLR:Mexico 1FSLR:Italy F3A:Germany FSLR34:Brazil FSLR:Argentina

Address

350 West Washington Street, Suite 600, Tempe, AZ, USA, 85281

Website

https://www.firstsolar.com

First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.