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First Solar Total Assets

: $7,248 Mil (As of Jun. 2021)
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First Solar's Total Assets for the quarter that ended in Jun. 2021 was $7,248 Mil.

During the past 12 months, First Solar's average Total Assets Growth Rate was -0.80% per year. During the past 3 years, the average Total Assets Growth Rate was 11.40% per year. During the past 5 years, the average Total Assets Growth Rate was 1.00% per year. During the past 10 years, the average Total Assets Growth Rate was 1.30% per year.

During the past 13 years, First Solar's highest 3-Year average Total Assets Growth Rate was 168.40%. The lowest was -6.40%. And the median was 20.90%.

Total Assets is connected with ROA %. First Solar's annualized ROA % for the quarter that ended in Jun. 2021 was 4.59%. Total Assets is also linked to Revenue through Asset Turnover. First Solar's Asset Turnover for the quarter that ended in Jun. 2021 was 0.09.


First Solar Total Assets Historical Data

The historical data trend for First Solar's Total Assets 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.

* Premium members only.

First Solar Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,824.37 6,864.50 7,121.36 7,515.69 7,108.93

First Solar Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,072.62 6,985.22 7,108.93 7,108.91 7,248.47

First Solar Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

First Solar's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=5520.928+1588.003
=7,109

First Solar's Total Assets for the quarter that ended in Jun. 2021 is calculated as

Total Assets=Total Equity (Q: Jun. 2021 )+Total Liabilities (Q: Jun. 2021 )
=5783.635+1464.838
=7,248

* 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.


First Solar  (NAS:FSLR) Total Assets Explanation

Total Assets is connected with ROA %.

First Solar's annualized ROA % for the quarter that ended in Jun. 2021 is

ROA %=Net Income (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=329.796/( (7108.91+7248.473)/ 2 )
=329.796/7178.6915
=4.59 %

Note: The Net Income data used here is four times the quarterly (Jun. 2021) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

First Solar's Asset Turnover for the quarter that ended in Jun. 2021 is

Asset Turnover
=Revenue (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=629.18/( (7108.91+7248.473)/ 2 )
=629.18/7178.6915
=0.09

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

First Solar Total Assets Related Terms

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First Solar Business Description

First Solar logo
Industry
Technology » Semiconductors NAICS : 334413 SIC : 3674
Address
350 West Washington Street, Suite 600, Tempe, AZ, USA, 85281
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, and Ohio.
Executives
Kennedy R Craig director 1844 "R" STREET, NW WASHINGTON DC 20009
Dymbort Jason E. officer: General Counsel 77 RIO ROBLES SAN JOSE CA 95134
Allen Sharon L. director 10040 E. HAPPY VALLEY ROAD #276 SCOTTSDALE AZ 85255
Post William J director 400 NORTH FIFTH STREET . PHOENIX AZ 85004
Stebbins Paul H director C/O WORLD FUEL SERVICES CORP 9800 N.W. 41ST STREET, SUITE 400 MIAMI FL 33178
Sweeney Michael T director GOLDNER HAWN 3700 WELLS FARGO CENTER, 90 SOUTH 7TH ST MINNEAPOLIS MN 55402
Hambro George A director 28101 CEDAR PARK BLVD. PERRYSBURG OH 43551
Ahearn Michael J director 350 WEST WASHINGTON STREET SUITE 600 TEMPE AZ 85281
Chapman Richard D director 350 WEST WASHINGTON STREET, SUITE 600 TEMPE AZ 85281
Joseph Molly director 9209 GRAND SUMMIT BLVD DRIPPING SPRINGS TX 78620
Walton Lukas T 10 percent owner C/O CRAVATH, SWAINE & MOORE LLP 825 EIGHTH AVENUE NEW YORK NY 10019
Gloeckler Markus officer: Co-Chief Technology Officer 28101 CEDAR PARK BLVD. PERRYSBURG OH 43551
Widmar Mark R director, officer: Chief Executive Officer C/O GRAFTECH INTERNATIONAL LTD 12900 SNOW ROAD PARMA OH 44130
Jeffers Byron Michael officer: VP - Global Controller and CAO 350 WEST WASHINGTON ST. TEMPE AZ 85281
Verma Kuntal Kumar officer: Chief Mfg. Engineering Officer 28101 CEDAR PARK BLVD. PERRYSBURG OH 43551

First Solar Headlines

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