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First Solar, Inc. (FSLR)

(Delayed Data from NSDQ)

$61.75 USD

61.75
4,886,340

-2.25 (-3.52%)

Updated Sep 18, 2020 04:00 PM ET

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 Buy24.44%
2Buy17.91%
3Hold9.42%
4Sell4.91%
5Strong Sell1.79%
S&P50010.66%

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3-Hold of 5     3    

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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C Value B Growth F Momentum B VGM

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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Top 40% (100 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.

12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Assets          
Cash & Equivalents 2,164 2,547 2,989 1,955 1,830
Receivables 659 586 386 472 560
Notes Receivable 0 0 20 15 1
Inventories 444 388 172 363 380
Other Current Assets 334 338 265 981 574
Total Current Assets 3,600 3,860 3,833 3,787 3,346
Net Property & Equipment 2,181 1,756 1,155 629 1,284
Investments & Advances 304 322 644 614 734
Other Non-Current Assets 161 153 162 155 126
Deferred Charges 131 78 51 253 358
Intangibles 79 89 95 102 195
Deposits & Other Assets 1,060 865 925 1,327 1,275
Total Assets 7,516 7,121 6,865 6,867 7,316
Liabilities & Shareholders Equity 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Notes Payable 0 0 0 0 0
Accounts Payable 218 233 120 149 338
Current Portion Long-Term Debt 18 6 13 28 38
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 714 442 367 263 409
Income Taxes Payable 17 21 20 5 1
Other Current Liabilities 351 144 131 455 174
Total Current Liabilities 1,318 845 650 900 961
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 454 461 380 160 251
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 647 602 735 594 556
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,419 1,909 1,766 1,655 1,768
Shareholders Equity 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 2,849 2,825 2,799 2,759 2,743
Retained Earnings 2,327 2,442 2,297 2,463 2,790
Other Equity -79 -54 2 -10 15
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 5,097 5,212 5,099 5,213 5,548
Total Liabilities & Shareholder's Equity 7,516 7,121 6,865 6,867 7,316
Total Common Equity 5,097 5,212 5,099 5,213 5,548
Shares Outstanding 105.40 104.80 104.40 103.90 100.90
Book Value Per Share 48.36 49.74 48.84 50.17 54.99

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

All items in Millions except Per Share data.

6/30/2020 3/31/2020 12/31/2019 9/30/2019 6/30/2019
Assets          
Cash & Equivalents 1,547 1,509 2,164 1,541 2,029
Receivables 352 411 659 532 398
Notes Receivable 0 0 0 0 0
Inventories 518 480 444 577 587
Other Current Assets 314 348 334 394 399
Total Current Assets 2,731 2,748 3,600 3,043 3,412
Net Property & Equipment 2,324 2,244 2,181 2,107 2,006
Investments & Advances 253 246 304 305 0
Other Non-Current Assets 185 182 161 153 149
Deferred Charges 205 214 131 66 77
Intangibles 76 78 79 81 84
Deposits & Other Assets 1,298 1,236 1,060 1,299 1,410
Total Assets 7,073 6,949 7,516 7,055 7,138
Liabilities & Shareholders Equity 6/30/2020 3/31/2020 12/31/2019 9/30/2019 6/30/2019
Notes Payable 0 0 0 0 0
Accounts Payable 159 174 218 218 243
Current Portion Long-Term Debt 77 82 18 28 28
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 330 310 714 377 422
Income Taxes Payable 17 8 17 15 15
Other Current Liabilities 165 159 351 122 136
Total Current Liabilities 747 732 1,318 761 843
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 388 391 454 452 453
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 711 647 659 706
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 1,846 1,781 2,419 1,872 2,003
Shareholders Equity 6/30/2020 3/31/2020 12/31/2019 9/30/2019 6/30/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 2,849 2,844 2,849 2,836 2,827
Retained Earnings 2,445 2,408 2,327 2,386 2,355
Other Equity -67 -84 -79 -40 -47
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 5,227 5,169 5,097 5,182 5,135
Total Liabilities & Shareholder's Equity 7,073 6,949 7,516 7,055 7,138
Total Common Equity 5,227 5,169 5,097 5,182 5,135
Shares Outstanding 105.90 105.80 105.40 105.40 105.40
Book Value Per Share 49.36 48.85 48.36 49.17 48.72