Canadian Solar Inc. (CSIQ) Spending and interest coverage
- R&D / revenue · 12 months: Value (m); Formula and calculation Research and development expense / revenue. Period ending 2025-12-31..
- Stock-based compensation / revenue · 12 months: Value (m); Formula and calculation Share-based compensation / revenue. Period ending 2025-12-31..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2025-12-31; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | (m) | Research and development expense / revenue. Period ending 2025-12-31. Calculation unavailable: missing inputs remain (m). |
| Stock-based compensation / revenue · 12 months | (m) | Share-based compensation / revenue. Period ending 2025-12-31. Calculation unavailable: missing inputs remain (m). |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | 90.69M USD | Research and Development Expense |
| Revenue | (m) | |
| Stock-based compensation | 24.41M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 43.16M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | $90.69M | (m) | $24.41M | $43.16M | (m) | (m) | (m) | (m) | (m) |
| 2024-12-31 | $120.79M | (m) | $21.40M | $-30.08M | (m) | (m) | (m) | (m) | (m) |
| 2023-12-31 | $100.84M | (m) | $55.34M | $453.32M | $114.10M | (m) | (m) | 3.97× | Reported |
| 2022-12-31 | $69.82M | (m) | $9.37M | $356.06M | $74.27M | (m) | (m) | 4.79× | Reported |
| 2021-12-31 | $58.41M | (m) | $8.81M | $190.38M | $58.15M | (m) | (m) | 3.27× | Reported |
| 2020-12-31 | $45.17M | (m) | $12.35M | $220.43M | $71.87M | (m) | (m) | 3.07× | Reported |
| 2019-12-31 | $47.05M | (m) | $10.68M | $258.88M | $81.33M | (m) | (m) | 3.18× | Reported |
| 2018-12-31 | $44.19M | (m) | $10.26M | $364.66M | $106.03M | (m) | (m) | 3.44× | Reported |
| 2017-12-31 | $28.78M | $3.39B | $9.31M | $269.35M | $117.97M | 0.85% | 0.27% | 2.28× | Reported |
| 2016-12-31 | $17.41M | $2.85B | $7.76M | $93.16M | $69.72M | 0.61% | 0.27% | 1.34× | Reported |
| 2015-12-31 | $17.06M | $3.47B | $5.97M | $247.37M | $54.15M | 0.49% | 0.17% | 4.57× | Reported |
| 2014-12-31 | $12.06M | $2.96B | $5.09M | $366.31M | $48.91M | 0.41% | 0.17% | 7.49× | Reported |
| 2013-12-31 | $11.68M | $1.65B | $6.18M | $130.82M | $46.24M | 0.71% | 0.37% | 2.83× | Reported |
| 2012-12-31 | $13.00M | $1.29B | $5.19M | $-142.52M | $53.30M | 1.00% | 0.40% | -2.67× | Reported |
| 2011-12-31 | $19.84M | $1.90B | $4.06M | $6.83M | $43.84M | 1.04% | 0.21% | 0.16× | Reported |
| 2010-12-31 | $6.84M | $1.50B | $3.88M | $120.30M | $22.16M | 0.46% | 0.26% | 5.43× | Reported |
| 2009-12-31 | $3.18M | $630.96M | $5.44M | $6.51M | $9.46M | 0.50% | 0.86% | 0.69× | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.