Discontinued — last reported Q3 '24

Business Segments · Depreciation and amortization expense

Other — Depreciation and amortization expense

First Solar Other — Depreciation and amortization expense remained flat by 0.0% to $3.00K in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 50.0%, from $2.00K to $3.00K. Over 2 years (FY 2021 to FY 2023), Other — Depreciation and amortization expense shows a downward trend with a -97.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2024

How to read this metric

An increase suggests higher capital investment or asset accumulation within the 'Other' segment, while a decrease may indicate aging assets or reduced capital intensity in these areas.

Detailed definition

This metric represents the non-cash charges allocated to the 'Other' business segment, reflecting the systematic allocat...

Peer comparison

Peers in the solar and renewable energy sector typically report similar segment-level depreciation, though the classification of 'Other' varies significantly based on how companies define their non-core operations.

Metric ID: fslr_segment_other_depreciation_and_amortization_expense

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$3.05M$3.05M$3.00M$2.85M$2.36M$2.08M$2.09M$2.00K$2.00K$2.00K$1.00K$3.00K$3.00K$3.00K
QoQ Change-0.2%-1.6%-5.0%-17.3%-11.9%+0.5%-99.9%+0.0%+0.0%-50.0%+200.0%+0.0%+0.0%
YoY Change-22.8%-31.9%-30.4%-99.9%-99.9%-99.9%-100.0%+50.0%+50.0%+50.0%
Range$1.00K$3.05M
CAGR-88.1%
Avg YoY Growth-33.5%
Median YoY Growth-31.1%
Current Streak3 quarters growth

Frequently Asked Questions

What is First Solar's other — depreciation and amortization expense?
First Solar (FSLR) reported other — depreciation and amortization expense of $3.00K in Q3 2024.
How has First Solar's other — depreciation and amortization expense changed year-over-year?
First Solar's other — depreciation and amortization expense increased by 50.0% year-over-year, from $2.00K to $3.00K.
What is the long-term trend for First Solar's other — depreciation and amortization expense?
Over 2 years (2021 to 2023), First Solar's other — depreciation and amortization expense has grown at a -97.6% compound annual growth rate (CAGR), from $12.19M to $7.00K.
What does other — depreciation and amortization expense mean?
The portion of non-cash asset depreciation and amortization costs attributed to the company's miscellaneous or non-core business segments.