CSIQ (Canadian Solar) Interest Expense : $-143 Mil (TTM As of Mar. 2025)

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What is Canadian Solar Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Canadian Solar's interest expense for the three months ended in Mar. 2025 was $ -40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was $-143 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Canadian Solar's Operating Income for the three months ended in Mar. 2025 was $ -55 Mil. Canadian Solar's Interest Expense for the three months ended in Mar. 2025 was $ -40 Mil. Canadian Solar did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Canadian Solar Interest Expense Historical Data

The historical data trend for Canadian Solar's Interest Expense 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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Canadian Solar Interest Expense Chart

Canadian Solar Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-71.87

-58.15

-74.27

-114.10

-137.47

Canadian Solar Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-34.87	-33.02	-34.18	-35.40	-40.49

Canadian Solar Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-143 Mil.

Canadian Solar (NAS:CSIQ) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Canadian Solar's Interest Expense for the three months ended in Mar. 2025 was $-40 Mil. Its Operating Income for the three months ended in Mar. 2025 was $-55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was $3,538 Mil.

Canadian Solar's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Canadian Solar did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Canadian Solar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Canadian Solar Inc (NAS:CSIQ) » Definitions » Interest Expense

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Address

4273 King Street East, Suite 102, Kitchener, ON, CAN, N2P 2E9

Website

https://www.canadiansolar.com

Canadian Solar Inc is a Canadian solar technology and renewable energy company. It is a manufacturer of solar photovoltaic modules, a provider of battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects.. It operates through two business segments CSI Solar and Recurrent Energy segment. The CSI Solar segment focused on solar modules and battery energy storage manufacturing and products. Its Recurrent segment focused on utility-scale solar power and battery energy storage project development and operation. Key revenue is generated from CSI Solar segment.