Jinko Solar Balance Sheet Health
Financial Health criteria checks 6/6
Jinko Solar has a total shareholder equity of CN¥35.5B and total debt of CN¥27.5B, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are CN¥126.2B and CN¥90.7B respectively. Jinko Solar's EBIT is CN¥3.3B making its interest coverage ratio 40.3. It has cash and short-term investments of CN¥26.7B.
Key information
77.6%
Debt to equity ratio
CN¥27.52b
Debt
| Interest coverage ratio | 40.3x |
| Cash | CN¥26.67b |
| Equity | CN¥35.48b |
| Total liabilities | CN¥90.72b |
| Total assets | CN¥126.20b |
Recent financial health updates
Recent updates
A Look At The Fair Value Of Jinko Solar Co., Ltd. (SHSE:688223)
Oct 21
Here's What's Concerning About Jinko Solar's (SHSE:688223) Returns On Capital
Sep 30Jinko Solar's (SHSE:688223) Problems Go Beyond Weak Profit
Sep 06CN¥8.06: That's What Analysts Think Jinko Solar Co., Ltd. (SHSE:688223) Is Worth After Its Latest Results
Sep 03We Think Jinko Solar (SHSE:688223) Can Stay On Top Of Its Debt
Aug 14Jinko Solar (SHSE:688223) Is Doing The Right Things To Multiply Its Share Price
May 26Jinko Solar Co., Ltd. (SHSE:688223) Analysts Just Slashed This Year's Revenue Estimates By 14%
Apr 29It's A Story Of Risk Vs Reward With Jinko Solar Co., Ltd. (SHSE:688223)
Apr 04Financial Position Analysis
Short Term Liabilities: 688223's short term assets (CN¥73.5B) exceed its short term liabilities (CN¥54.4B).
Long Term Liabilities: 688223's short term assets (CN¥73.5B) exceed its long term liabilities (CN¥36.3B).
Debt to Equity History and Analysis
Debt Level: 688223's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: 688223's debt to equity ratio has reduced from 88.1% to 77.6% over the past 5 years.
Debt Coverage: 688223's debt is well covered by operating cash flow (48.5%).
Interest Coverage: 688223's interest payments on its debt are well covered by EBIT (40.3x coverage).