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Canadian SolarCSIQ -1.11%80 Equity-to-Asset is 0.18 as of Mar. 2026, which is 14% below its 10-year median of 0.21. GuruFocus rates CSIQ with a GF Score™ of 80/100 and a GF Value™ of $14.77 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,030 Semiconductors companies, Canadian Solar ranks worse than 93.2% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Canadian Solar's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $2,830 Mil. Canadian Solar's Total Assets for the quarter that ended in Mar. 2026 was $15,535 Mil.
Therefore, Canadian Solar's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.18.
The historical rank and industry rank for Canadian Solar's Equity-to-Asset or its related term are showing as below:
CSIQ'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.21 Max: 0.29
Current: 0.18
During the past 13 years, the highest Equity to Asset Ratio of Canadian Solar was 0.29. The lowest was 0.16. And the median was 0.21.
CSIQ's Equity-to-Asset is ranked worse than 93.2% of 1030
companies
in the Semiconductors industry
Industry Median: 0.63
vs CSIQ: 0.18
Canadian Solar (NAS:CSIQ) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Canadian Solar Equity-to-Asset Related Terms
Canadian Solar Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Canadian Solar's Equity-to-Asset 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.
CSIQ vs ARRY, JKS, SHLS: Equity-to-Asset Comparison
For the Solar subindustry, Canadian Solar's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Canadian Solar Equity-to-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Canadian Solar's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Canadian Solar's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Canadian Solar's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Canadian Solar (CSIQ) has a Equity-to-Asset of 0.18 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Canadian Solar and its competitors. This is 14% below median its historical median of 0.21. Over the past decade, Canadian Solar's Equity-to-Asset has ranged from 0.16 to 0.29. According to the industry distribution chart, Canadian Solar ranks #960 out of 1030 companies in the Semiconductors industry, placing it in the top 93.2%.
Is Canadian Solar's Equity-to-Asset too high?
Canadian Solar's current Equity-to-Asset of 0.18 is 14% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.29. The Semiconductors industry median Equity-to-Asset is 0.63. Canadian Solar's value of 0.18 is 71.4% below this industry median. Based on the distribution chart, Canadian Solar ranks #960 out of 1030 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Canadian Solar has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Solar's Equity-to-Asset compare to ARRY and JKS?
According to the Semiconductors industry distribution chart, Canadian Solar ranks #960 out of 1030 companies for Equity-to-Asset. This places Canadian Solar in the lower half of its industry. The industry median Equity-to-Asset is 0.63. Canadian Solar's value of 0.18 is 71.4% below this benchmark. Historically, Canadian Solar's own Equity-to-Asset has ranged from 0.16 to 0.29 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.63, Canadian Solar has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Semiconductors company?
The median Equity-to-Asset among Semiconductors companies is 0.63, based on 1,030 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Solar's current Equity-to-Asset of 0.18 is 71.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Canadian Solar and its competitors. For the Semiconductors industry, the median Equity-to-Asset is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Solar's current Equity-to-Asset is 0.18, which is 14% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Solar stock overvalued right now?
Based on GuruFocus' analysis, Canadian Solar (CSIQ) is currently considered Fairly Valued. The stock's GF Value™ is $14.77, compared to a current price of $15.14 — trading 2.5% above its estimated fair value. The current Equity-to-Asset is 0.18, which is 14% below median its 10-year median of 0.21 and 71.4% below the Semiconductors industry median of 0.63. Canadian Solar's overall GF Score™ is 80/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Canadian Solar (CSIQ), the current Equity-to-Asset is 0.18 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 Canadian Solar (CSIQ) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Solar stock appears to be overvalued.
The current stock price of $15.14 is trading 2.5% above its estimated GF Value™ of $14.77.
GuruFocus considers Canadian Solar to be Fairly Valued.
Key valuation signals for CSIQ:
Equity-to-Asset: 0.18 (14% below median its 10-year median of 0.21)
GF Value™: $14.77 vs. price of $15.14 (2.5% above fair value)
Industry Position: 71.4% below the Semiconductors median (#960 of 1030)
No single metric tells the full story. See the CSIQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. The company is organized in two segments: Manufacturing segment, comprising CS PowerTech, which focuses on manufacturing and sales of solar products, battery energy storage products, and other power technology products for the U.S. market and CSI Solar, which serves all other world-wide markets; and Recurrent Energy segment, which focuses on solar power and battery storage project development, asset sales, power services, and electricity revenue from its operating portfolio. It derives maximum revenue from Manufacturing segment.
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