FSLRFirst Solar

$205.95

Is it safe?

Can FSLR take a bad year?

First Solar holds $1.69B more cash than debt, so a bad year is a question about profits, not about lenders.

$1.69B

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Altman Z-score
6.07

Altman Z-score · safe zone, above 3

Interest cover
46.9×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ2 2026
$38M
Cash and short-term investments
$1.73B
Net cash
$1.69B
EBITDA, trailing twelve months
$2.39B
Operating profit, trailing twelve months
$1.81B
Debt / equity
0.00×
Total debt / EBITDA
0.02×
Annualised volatilitytwo years of daily moves
60%
Worst drawdown on file
−61%
Below its 52-week high
−35%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.