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First Solar (FSLR)

(Delayed Data from NSDQ)

$174.29 USD

174.29
1,631,723

-3.72 (-2.09%)

Updated Apr 18, 2024 04:00 PM ET

After-Market: $174.15 -0.14 (-0.08%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value A Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 38% (156 out of 251)

Industry: Solar

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Balance Sheet

Research for FSLR

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for First Solar, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 2,102 2,578 1,826 1,747 2,164
Receivables 1,321 355 455 292 659
Notes Receivable 0 0 0 0 0
Inventories 820 621 666 568 444
Other Current Assets 392 237 244 407 334
Total Current Assets 4,635 3,791 3,191 3,015 3,600
Net Property & Equipment 4,397 3,537 2,650 2,402 2,181
Investments & Advances 198 182 245 265 304
Other Non-Current Assets 419 260 238 201 161
Deferred Charges 143 79 59 104 131
Intangibles 94 46 60 71 79
Deposits & Other Assets 479 356 972 1,051 1,060
Total Assets 10,365 8,251 7,414 7,109 7,516
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 207 341 193 183 218
Current Portion Long-Term Debt 96 0 4 42 18
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 525 383 288 310 714
Income Taxes Payable 22 29 5 15 17
Other Current Liabilities 456 284 237 297 351
Total Current Liabilities 1,306 1,038 727 847 1,318
Mortgages 0 0 0 0 0
Deferred Taxes/Income 1,592 945 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 464 184 236 238 454
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 316 248 491 503 647
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 3,678 2,415 1,454 1,588 2,419
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 2,890 2,887 2,871 2,867 2,849
Retained Earnings 3,971 3,140 3,184 2,716 2,327
Other Equity -174 -192 -96 -62 -79
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 6,687 5,836 5,960 5,521 5,097
Total Liabilities & Shareholder's Equity 10,365 8,251 7,414 7,109 7,516
Total Common Equity 6,687 5,836 5,960 5,521 5,097
Shares Outstanding 106.80 106.60 106.30 105.90 105.40
Book Value Per Share 62.62 54.75 56.06 52.13 48.36

Fiscal Year End for First Solar, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 2,102 1,822 1,884 2,271
Receivables NA 1,321 787 668 325
Notes Receivable NA 0 0 0 0
Inventories NA 820 883 756 751
Other Current Assets NA 392 332 352 273
Total Current Assets NA 4,635 3,824 3,661 3,620
Net Property & Equipment NA 4,397 4,073 4,020 3,859
Investments & Advances NA 198 184 195 197
Other Non-Current Assets NA 419 844 482 323
Deferred Charges NA 143 133 126 136
Intangibles NA 94 95 99 43
Deposits & Other Assets NA 479 430 414 387
Total Assets NA 10,365 9,583 8,997 8,565
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 207 111 246 286
Current Portion Long-Term Debt NA 96 35 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 525 600 303 392
Income Taxes Payable NA 22 34 29 77
Other Current Liabilities NA 456 419 512 419
Total Current Liabilities NA 1,306 1,199 1,091 1,174
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 1,592 1,350 1,157 950
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 464 464 437 320
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 268 272 252
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 3,678 3,280 2,958 2,696
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 2,890 2,879 2,872 2,866
Retained Earnings NA 3,971 3,622 3,353 3,183
Other Equity NA -174 -199 -186 -180
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 6,687 6,302 6,040 5,869
Total Liabilities & Shareholder's Equity NA 10,365 9,583 8,997 8,565
Total Common Equity 0 6,687 6,302 6,040 5,869
Shares Outstanding 107.00 106.80 106.80 106.80 106.80
Book Value Per Share 0.00 62.62 59.01 56.55 54.95