JinkoSolar Holding Balance Sheet Health
Financial Health criteria checks 5/6
JinkoSolar Holding has a total shareholder equity of CN¥34.9B and total debt of CN¥36.1B, which brings its debt-to-equity ratio to 103.6%. Its total assets and total liabilities are CN¥130.2B and CN¥95.4B respectively.
Key information
103.6%
Debt to equity ratio
CN¥36.13b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥22.37b |
| Equity | CN¥34.86b |
| Total liabilities | CN¥95.36b |
| Total assets | CN¥130.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JKS's short term assets (CN¥74.3B) exceed its short term liabilities (CN¥61.0B).
Long Term Liabilities: JKS's short term assets (CN¥74.3B) exceed its long term liabilities (CN¥34.4B).
Debt to Equity History and Analysis
Debt Level: JKS's net debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: JKS's debt to equity ratio has reduced from 165.3% to 103.6% over the past 5 years.
Debt Coverage: JKS's debt is well covered by operating cash flow (38.3%).
Interest Coverage: Insufficient data to determine if JKS's interest payments on its debt are well covered by EBIT.