FIRST SOLAR, INC.

FSLR Clean Energy & EV 2/10 Low Risk
2/10

FIRST SOLAR, INC. has $185M in total long-term debt with $545M in scheduled maturities. Approximately $91M (17% of maturities) is due within the next twelve months, and operating income covers interest expense 65.4x. Overall, FSLR carries low refinancing risk (score 2/10).

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
65.4x
Debt/Equity
0.03
Cash Coverage
17.84x
Operating Income
$857M

Score Components

Component Value Weight
Near-Term Maturity Concentration 16.7% 30%
Interest Coverage Ratio 65.41x 25%
Debt-to-Equity Ratio 0.03 25%
Cash Coverage of Near-Term Debt 17.84x 20%

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Data Source: Financial data sourced from SEC EDGAR XBRL filings (10-K annual reports). Most recent filing date: 2026-02-24. Data last fetched: 2026-03-15. Maturity schedules reflect the company's most recently reported debt repayment obligations. Data quality: Complete.