First Solar (XSWX:FSLR) Effective Interest Rate on Debt %: 4.87% (As of Mar. 2026)


XSWX:FSLR First Solar Inc XSWX:FSLR
91 GF Score
Price CHF182.84
GF Value CHF216.12
! 4 Warning Signs
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What is First Solar Effective Interest Rate on Debt %?

First Solar XSWX:FSLR 91 Effective Interest Rate on Debt % is 4.87% as of Mar. 2026. GuruFocus rates XSWX:FSLR with a GF Score™ of 91/100 and a GF Value™ of CHF216.12. The stock has 4 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. First Solar's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was CHF24 Mil. First Solar's average total debt for the quarter that ended in Mar. 2026 was CHF492 Mil. Therefore, First Solar's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 4.87%.


First Solar  (XSWX:FSLR) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


First Solar Effective Interest Rate on Debt % Related Terms


First Solar Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for First Solar's Effective Interest Rate on Debt % 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.

First Solar Effective Interest Rate on Debt % Chart

First Solar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 3.89 2.96 5.87 6.05

First Solar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial 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 5.62 4.19 5.70 5.85 4.87

XSWX:FSLR vs NXT, ENPH, RUN: Effective Interest Rate on Debt % Comparison

For the Solar subindustry, First Solar's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Solar Effective Interest Rate on Debt % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, First Solar's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where First Solar's Effective Interest Rate on Debt % falls into.


XSWX:FSLR
91GF Score
First Solar Inc XSWX:FSLR
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Solar Effective Interest Rate on Debt % Calculation

First Solar's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -35.168/( (640.884+522.237)/ 2 )
=-1  *  -35.168/581.5605
=6.05 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=418.247 + 222.637
=640.884

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=335.707 + 186.53
=522.237

First Solar's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -23.98/( (522.237+462.242)/ 2 )
=-1  *  -23.98/492.2395
=4.87 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=335.707 + 186.53
=522.237

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=300.137 + 162.105
=462.242

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 4.87% mean?
First Solar (XSWX:FSLR) has a Effective Interest Rate on Debt % of 4.87% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on First Solar and its competitors.
Is First Solar's Effective Interest Rate on Debt % too high?
First Solar's current Effective Interest Rate on Debt % is 4.87%. Overall, First Solar has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does First Solar's Effective Interest Rate on Debt % compare to NXT and ENPH?
First Solar's Effective Interest Rate on Debt % of 4.87% can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Semiconductors company?
A good Effective Interest Rate on Debt % depends on the Semiconductors industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on First Solar and its competitors. First Solar's current Effective Interest Rate on Debt % is 4.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Solar stock overvalued right now?
First Solar (XSWX:FSLR) has a current Effective Interest Rate on Debt % of 4.87%. The stock's GF Value™ is CHF216.12, compared to a current price of CHF182.84 — trading 15.4% below its estimated fair value. The current Effective Interest Rate on Debt % is 4.87%. First Solar's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For First Solar (XSWX:FSLR), the current Effective Interest Rate on Debt % is 4.87% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Solar (XSWX:FSLR) Overvalued in 2026?

Based on GuruFocus' analysis, First Solar stock appears to be undervalued. The current stock price of CHF182.84 is trading 15.4% below its estimated GF Value™ of CHF216.12.

Key valuation signals for XSWX:FSLR:

  • Effective Interest Rate on Debt %: 4.87%
  • GF Value™: CHF216.12 vs. price of CHF182.84 (15.4% below fair value)
  • GF Score™: 91/100 with 4 warning signs

No single metric tells the full story. See the XSWX:FSLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Solar Business Description

Address 4300 East Camelback Road, Suite 220, Phoenix, AZ, USA, 85018
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.
91GF Score

Get the complete analysis for XSWX:FSLR

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF182.84
Price
CHF216.12
GF Value