First Solar (XSWX:FSLR) Total Assets: CHF10,511 Mil (As of Mar. 2026)


XSWX:FSLR First Solar Inc XSWX:FSLR
91 GF Score
Price CHF196.30
GF Value CHF218.37
! 4 Warning Signs
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What is First Solar Total Assets?

First Solar XSWX:FSLR -2.27% 91 Total Assets is CHF10,511 Mil as of Mar. 2026. GuruFocus rates XSWX:FSLR with a GF Score™ of 91/100 and a GF Value™ of CHF218.37. The stock has 4 warning signs investors should review.

First Solar's Total Assets for the quarter that ended in Mar. 2026 was CHF10,511 Mil.

Warning Sign:

If a company builds assets at 17.2% a year, faster than its revenue growth rate of 13.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, First Solar's average Total Assets Growth Rate was -2.70% per year. During the past 3 years, the average Total Assets Growth Rate was 22.60% per year. During the past 5 years, the average Total Assets Growth Rate was 17.20% per year. During the past 10 years, the average Total Assets Growth Rate was 8.50% 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 15.50%.

Total Assets is connected with ROA %. First Solar's annualized ROA % for the quarter that ended in Mar. 2026 was 10.33%. Total Assets is also linked to Revenue through Asset Turnover. First Solar's Asset Turnover for the quarter that ended in Mar. 2026 was 0.08.


First Solar  (XSWX:FSLR) Total Assets Explanation

Total Assets is connected with ROA %.

First Solar's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1091.572/( (10615.752+10511.319)/ 2 )
=1091.572/10563.5355
=10.33 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) 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 Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=822.13/( (10615.752+10511.319)/ 2 )
=822.13/10563.5355
=0.08

* 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


First Solar Total Assets Historical Data

* Premium members only.

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.

First Solar Total Assets Chart

First Solar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,828.06 7,686.84 8,963.77 10,810.08 10,615.75

First Solar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets 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 10,706.29 10,456.16 10,714.96 10,615.75 10,511.32
XSWX:FSLR
91GF Score
First Solar Inc XSWX:FSLR
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=7600.827+3014.925
=10,616

First Solar's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=7777.397+2733.922
=10,511

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of CHF10,511 Mil mean?
First Solar (XSWX:FSLR) has a Total Assets of CHF10,511 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on First Solar and its competitors.
Is First Solar's Total Assets too high?
First Solar's current Total Assets is CHF10,511 Mil. 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 Total Assets compare to NXT and ENPH?
First Solar's Total Assets of CHF10,511 Mil 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 Total Assets for a Semiconductors company?
A good Total Assets depends on the Semiconductors industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on First Solar and its competitors. First Solar's current Total Assets is CHF10,511 Mil. 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 Total Assets of CHF10,511 Mil. The stock's GF Value™ is CHF218.37, compared to a current price of CHF196.30 — trading 10.1% below its estimated fair value. The current Total Assets is CHF10,511 Mil. 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 Total Assets calculated?
Total Assets is calculated from a company's financial statements. For First Solar (XSWX:FSLR), the current Total Assets is CHF10,511 Mil 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 CHF196.30 is trading 10.1% below its estimated GF Value™ of CHF218.37.

Key valuation signals for XSWX:FSLR:

  • Total Assets: CHF10,511 Mil
  • GF Value™: CHF218.37 vs. price of CHF196.30 (10.1% 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

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF196.30
Price
CHF218.37
GF Value