First Solar

FSLR Clean Energy & EV 2/10 Low Risk
2/10
Sector avg: 3.1/10

First Solar carries $185M in long-term debt, with $545M in scheduled principal maturities. With $182M (33% of maturities) due within 24 months, FSLR faces a meaningful refinancing window. FSLR shows a strong cash position ($2.8B) that could cover most of its debt obligations. DebtCanary scores FSLR at 2/10, suggesting manageable refinancing risk.

Maturity Schedule

Year 1 $91M Year 2 $91M Year 3 $91M Year 4 $101M Year 5 $101M Beyond 5 $71M
Period Amount Due % of Total
Year 1 (0-12 months) $91M 16.7%
Year 2 (12-24 months) $91M 16.7%
Year 3 (24-36 months) $91M 16.7%
Year 4 (36-48 months) $101M 18.5%
Year 5 (48-60 months) $101M 18.5%
Beyond 5 Years $71M 13.0%
Total Scheduled Maturities $545M 100.0%

Key Metrics

Total Long-Term Debt
$185M
Near-Term (12mo)
$91M
Interest Coverage
123.2x
Debt/Equity
0.02
Cash Coverage
30.84x
Operating Income
$1.6B

Score Components

Component Value Weight
Near-Term Maturity Concentration 16.7% 30%
Interest Coverage Ratio 123.2x 25%
Debt-to-Equity Ratio 0.02 25%
Cash Coverage of Near-Term Debt 30.84x 20%

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Data Source: Financial data sourced from SEC EDGAR XBRL filings (10-K annual reports). Fiscal period end: 2025-12-31. Filing date: 2026-02-24. Data last fetched: 2026-03-29. Maturity schedules reflect the company's most recently reported debt repayment obligations. Data quality: Complete.
View SEC EDGAR filings for First Solar →