CSIQ (Canadian Solar) ROCE % : -2.69% (As of Mar. 2025)

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What is Canadian Solar ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Canadian Solar's annualized ROCE % for the quarter that ended in Mar. 2025 was -2.69%.

Canadian Solar ROCE % Historical Data

The historical data trend for Canadian Solar's ROCE % 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 ROCE % Chart

Canadian Solar Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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7.75

6.24

12.08

10.66

0.78

Canadian Solar Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															5.16	4.56	0.77	-5.64	-2.69

Canadian Solar ROCE % Calculation

Canadian Solar's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	55.166	/	( ( (11895.76 - 5864.391)	+	(13511.55 - 5418.91) )	/ 2 )
	=	55.166	/	( (6031.369	+	8092.64)	/ 2 )
	=	55.166	/	7062.0045
	=	0.78 %

Canadian Solar's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	-220.976	/	( ( (13511.55 - 5418.91)	+	(13895.538 - 5585.61) )	/ 2 )
	=	-220.976	/	( ( 8092.64	+	8309.928 )	/ 2 )
	=	-220.976	/	8201.284
	=	-2.69 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Canadian Solar (NAS:CSIQ) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Canadian Solar ROCE % Related Terms

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Canadian Solar Business Description

Industry

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

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0XGH:UK L5A:Germany L5A:Germany

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.