Stock Analysis on Net
Stock Analysis on Net

First Solar Inc. (NASDAQ:FSLR)

This company has been moved to the archive! The financial data has not been updated since October 29, 2024.

Total Asset Turnover
since 2006

Microsoft Excel

Calculation

First Solar Inc., total asset turnover, long-term trends, calculation

Microsoft Excel
Total asset turnover = Net sales1 ÷ Total assets1
Dec 31, 2023 0.32 = 3,318,602 ÷ 10,365,132
Dec 31, 2022 0.32 = 2,619,319 ÷ 8,251,228
Dec 31, 2021 0.39 = 2,923,377 ÷ 7,413,746
Dec 31, 2020 0.38 = 2,711,332 ÷ 7,108,931
Dec 31, 2019 0.41 = 3,063,117 ÷ 7,515,689
Dec 31, 2018 0.32 = 2,244,044 ÷ 7,121,362
Dec 31, 2017 0.43 = 2,941,324 ÷ 6,864,501
Dec 31, 2016 0.43 = 2,951,328 ÷ 6,867,213
Dec 31, 2015 0.49 = 3,578,995 ÷ 7,316,331
Dec 31, 2014 0.50 = 3,391,814 ÷ 6,724,439
Dec 31, 2013 0.48 = 3,308,989 ÷ 6,883,502
Dec 31, 2012 0.53 = 3,368,545 ÷ 6,348,692
Dec 31, 2011 0.48 = 2,766,207 ÷ 5,777,614
Dec 31, 2010 0.59 = 2,563,515 ÷ 4,380,403
Dec 26, 2009 0.62 = 2,066,200 ÷ 3,349,512
Dec 27, 2008 0.59 = 1,246,301 ÷ 2,114,502
Dec 29, 2007 0.37 = 503,976 ÷ 1,371,312
Dec 30, 2006 0.23 = 134,974 ÷ 578,510

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30).

1 US$ in thousands

Comparison to Competitors

First Solar Inc., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel
First Solar Inc. Advanced Micro Devices Inc. Analog Devices Inc. Applied Materials Inc. Broadcom Inc. Intel Corp. KLA Corp. Lam Research Corp. Micron Technology Inc. Monolithic Power Systems Inc. NVIDIA Corp. Qualcomm Inc. Texas Instruments Inc.
Dec 31, 2023 0.32 0.33 0.25 0.86 0.49 0.28 0.75 0.93 0.24 0.75 0.65 0.70 0.54
Dec 31, 2022 0.32 0.35 0.24 0.96 0.45 0.35 0.73 1.00 0.46 0.87 0.61 0.90 0.74
Dec 31, 2021 0.39 1.32 0.14 0.89 0.36 0.47 0.67 0.92 0.47 0.76 0.58 0.81 0.74
Dec 31, 2020 0.38 1.09 0.26 0.77 0.31 0.51 0.63 0.69 0.40 0.70 0.63 0.66 0.75
Dec 31, 2019 0.41 1.12 0.28 0.77 0.33 0.53 0.51 0.80 0.48 0.66 0.88 0.74 0.80
Dec 31, 2018 0.32 1.42 0.30 0.97 0.42 0.55 0.72 0.89 0.70 0.73 0.86 0.70 0.92
Dec 31, 2017 0.43 1.51 0.24 0.75 0.32 0.51 0.63 0.66 0.58 0.72 0.70 0.34 0.85
Dec 31, 2016 0.43 1.29 0.43 0.74 0.26 0.52 0.60 0.48 0.45 0.76 0.68 0.45 0.81
Dec 31, 2015 0.49 1.28 0.49 0.63 0.64 0.54 0.58 0.56 0.67 0.77 0.65 0.50 0.80
Dec 31, 2014 0.50 1.46 0.42 0.69 0.41 0.61 0.53 0.58 0.73 0.71 0.57 0.55 0.74
Dec 31, 2013 0.48 1.22 0.41 0.62 0.74 0.57 0.54 0.50 0.47 0.65 0.67 0.55 0.64
Dec 31, 2012 0.53 1.36 0.48 0.72 0.83 0.63 0.62 0.33 0.57 0.74 0.72 0.44 0.64
Dec 31, 2011 0.48 1.33 0.57 0.76 0.96 0.76 0.68 0.80 0.60 0.72 0.79 0.41 0.67
Dec 31, 2010 0.59 1.31 0.64 0.87 0.97 0.69 0.47 0.86 0.58 0.78 0.93 0.36 1.04
Dec 26, 2009 0.62 0.60 0.59 0.52 0.75 0.66 0.42 0.57 0.42 0.68 1.02 0.38 0.86
Dec 27, 2008 0.59 0.76 0.84 0.74 — 0.74 0.52 0.88 0.43 0.82 1.09 0.45 1.05
Dec 29, 2007 0.37 0.52 0.86 0.91 — 0.69 0.59 1.22 0.38 0.78 1.15 0.48 1.09
Dec 30, 2006 0.23 0.43 0.65 0.97 — 0.73 0.45 0.71 0.43 0.90 1.24 0.49 1.02

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30).

Comparison to Sector (Semiconductors & Semiconductor Equipment)

First Solar Inc., total asset turnover, long-term trends, comparison to sector (semiconductors & semiconductor equipment)

Microsoft Excel
First Solar Inc. Semiconductors & Semiconductor Equipment
Dec 31, 2023 0.32 0.44
Dec 31, 2022 0.32 0.50
Dec 31, 2021 0.39 0.53
Dec 31, 2020 0.38 0.51
Dec 31, 2019 0.41 0.55
Dec 31, 2018 0.32 0.63
Dec 31, 2017 0.43 0.49
Dec 31, 2016 0.43 0.50
Dec 31, 2015 0.49 0.58
Dec 31, 2014 0.50 0.62
Dec 31, 2013 0.48 0.58
Dec 31, 2012 0.53 0.60
Dec 31, 2011 0.48 0.68
Dec 31, 2010 0.59 0.68
Dec 26, 2009 0.62 0.59
Dec 27, 2008 0.59 0.69
Dec 29, 2007 0.37 0.69
Dec 30, 2006 0.23 0.69

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30).

Comparison to Industry (Information Technology)

First Solar Inc., total asset turnover, long-term trends, comparison to industry (information technology)

Microsoft Excel
First Solar Inc. Information Technology
Dec 31, 2023 0.32 0.61
Dec 31, 2022 0.32 0.65
Dec 31, 2021 0.39 0.62
Dec 31, 2020 0.38 0.58
Dec 31, 2019 0.41 0.59
Dec 31, 2018 0.32 0.59
Dec 31, 2017 0.43 0.51
Dec 31, 2016 0.43 0.55
Dec 31, 2015 0.49 0.63
Dec 31, 2014 0.50 0.64
Dec 31, 2013 0.48 0.66
Dec 31, 2012 0.53 0.70
Dec 31, 2011 0.48 0.73
Dec 31, 2010 0.59 0.72
Dec 26, 2009 0.62 0.69
Dec 27, 2008 0.59 0.79
Dec 29, 2007 0.37 0.76
Dec 30, 2006 0.23 0.75

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30).