First Solar Inc
NASDAQ:FSLR
Balance Sheet
Balance Sheet Decomposition
First Solar Inc
Current Assets | 4.6B |
Cash & Short-Term Investments | 2.1B |
Receivables | 1.4B |
Other Current Assets | 1.1B |
Non-Current Assets | 5.7B |
Long-Term Investments | 198.3m |
PP&E | 4.5B |
Intangibles | 94.2m |
Other Non-Current Assets | 939.1m |
Current Liabilities | 1.3B |
Accounts Payable | 207.2m |
Accrued Liabilities | 551.1m |
Other Current Liabilities | 547.9m |
Non-Current Liabilities | 2.4B |
Long-Term Debt | 464.1m |
Other Non-Current Liabilities | 1.9B |
Balance Sheet
First Solar Inc
Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||
Cash & Cash Equivalents |
1 482
|
1 127
|
1 347
|
2 269
|
1 404
|
1 353
|
1 227
|
1 451
|
1 481
|
1 947
|
|
Cash |
0
|
0
|
0
|
0
|
1 203
|
1 345
|
1 227
|
1 451
|
1 477
|
841
|
|
Cash Equivalents |
1 482
|
1 127
|
1 347
|
2 269
|
201
|
7
|
0
|
0
|
4
|
1 106
|
|
Short-Term Investments |
509
|
704
|
608
|
720
|
1 144
|
812
|
520
|
375
|
1 097
|
155
|
|
Total Receivables |
225
|
561
|
511
|
419
|
613
|
712
|
294
|
455
|
355
|
1 408
|
|
Accounts Receivables |
177
|
541
|
473
|
386
|
586
|
659
|
293
|
455
|
355
|
661
|
|
Other Receivables |
48
|
20
|
37
|
33
|
26
|
54
|
2
|
0
|
0
|
747
|
|
Inventory |
505
|
380
|
363
|
172
|
388
|
444
|
568
|
666
|
621
|
820
|
|
Other Current Assets |
357
|
574
|
959
|
253
|
312
|
280
|
406
|
244
|
237
|
305
|
|
Total Current Assets |
3 078
|
3 346
|
3 788
|
3 833
|
3 860
|
3 600
|
3 015
|
3 191
|
3 791
|
4 635
|
|
PP&E Net |
1 466
|
1 378
|
1 078
|
1 572
|
2 065
|
2 804
|
2 872
|
3 074
|
3 636
|
4 499
|
|
PP&E Gross |
1 466
|
1 378
|
1 078
|
1 572
|
2 065
|
2 804
|
2 872
|
3 074
|
3 636
|
4 499
|
|
Accumulated Depreciation |
1 134
|
1 340
|
1 531
|
1 219
|
1 319
|
1 439
|
1 150
|
1 296
|
1 468
|
1 694
|
|
Intangible Assets |
119
|
110
|
88
|
80
|
74
|
65
|
56
|
46
|
31
|
65
|
|
Goodwill |
85
|
85
|
15
|
15
|
15
|
15
|
15
|
15
|
15
|
30
|
|
Note Receivable |
26
|
35
|
66
|
63
|
35
|
22
|
15
|
104
|
70
|
69
|
|
Long-Term Investments |
662
|
734
|
606
|
644
|
3
|
3
|
0
|
245
|
182
|
198
|
|
Other Long-Term Assets |
1 285
|
1 630
|
1 184
|
658
|
1 070
|
1 009
|
1 136
|
740
|
526
|
870
|
|
Other Assets |
85
|
85
|
15
|
15
|
15
|
15
|
15
|
15
|
15
|
30
|
|
Total Assets |
6 721
N/A
|
7 316
+9%
|
6 824
-7%
|
6 865
+1%
|
7 121
+4%
|
7 516
+6%
|
7 109
-5%
|
7 414
+4%
|
8 251
+11%
|
10 365
+26%
|
|
Liabilities | |||||||||||
Accounts Payable |
215
|
338
|
149
|
120
|
233
|
218
|
183
|
193
|
341
|
207
|
|
Accrued Liabilities |
319
|
371
|
223
|
338
|
414
|
705
|
302
|
296
|
383
|
551
|
|
Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Current Portion of Long-Term Debt |
51
|
38
|
28
|
13
|
6
|
18
|
42
|
4
|
0
|
96
|
|
Other Current Liabilities |
416
|
214
|
508
|
179
|
193
|
378
|
320
|
234
|
314
|
452
|
|
Total Current Liabilities |
1 001
|
961
|
908
|
650
|
846
|
1 318
|
847
|
727
|
1 038
|
1 306
|
|
Long-Term Debt |
162
|
251
|
187
|
424
|
461
|
454
|
238
|
236
|
184
|
464
|
|
Deferred Income Tax |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
28
|
29
|
43
|
|
Other Liabilities |
567
|
556
|
511
|
692
|
602
|
647
|
503
|
464
|
1 164
|
1 865
|
|
Total Liabilities |
1 730
N/A
|
1 768
+2%
|
1 606
-9%
|
1 766
+10%
|
1 909
+8%
|
2 419
+27%
|
1 588
-34%
|
1 454
-8%
|
2 415
+66%
|
3 678
+52%
|
|
Equity | |||||||||||
Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Retained Earnings |
2 244
|
2 790
|
2 463
|
2 297
|
2 442
|
2 327
|
2 716
|
3 185
|
3 140
|
3 971
|
|
Additional Paid In Capital |
2 698
|
2 743
|
2 765
|
2 799
|
2 825
|
2 849
|
2 867
|
2 871
|
2 888
|
2 890
|
|
Unrealized Security Profit/Loss |
102
|
87
|
65
|
68
|
11
|
5
|
17
|
8
|
65
|
55
|
|
Other Equity |
52
|
71
|
75
|
66
|
65
|
74
|
78
|
88
|
127
|
120
|
|
Total Equity |
4 992
N/A
|
5 549
+11%
|
5 218
-6%
|
5 099
-2%
|
5 212
+2%
|
5 097
-2%
|
5 521
+8%
|
5 960
+8%
|
5 836
-2%
|
6 687
+15%
|
|
Total Liabilities & Equity |
6 721
N/A
|
7 316
+9%
|
6 824
-7%
|
6 865
+1%
|
7 121
+4%
|
7 516
+6%
|
7 109
-5%
|
7 414
+4%
|
8 251
+11%
|
10 365
+26%
|
|
Shares Outstanding | |||||||||||
Common Shares Outstanding |
100
|
102
|
104
|
105
|
105
|
105
|
106
|
106
|
107
|
107
|