JinkoSolar Holding Co (FRA:ZJS1) Cash-to-Debt: 0.52 (As of Jun. 2026) — 117% Above Median

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FRA:ZJS1 JinkoSolar Holding Co Ltd FRA:ZJS1
73 GF Score
Price €10.00
GF Value €14.15
Valuation Modestly Undervalued
! 8 Warning Signs
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What is JinkoSolar Holding Co Cash-to-Debt?

JinkoSolar Holding Co FRA:ZJS1 -1.38% 73 Cash-to-Debt is 0.52 as of Jun. 2026, which is 117% above its 10-year median of 0.24. GuruFocus rates FRA:ZJS1 with a GF Score™ of 73/100 and a GF Value™ of €14.15 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,032 Semiconductors companies, JinkoSolar Holding Co ranks worse than 73.74% on this metric.

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. JinkoSolar Holding Co's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.52.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, JinkoSolar Holding Co couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.

The historical rank and industry rank for JinkoSolar Holding Co's Cash-to-Debt or its related term are showing as below:

FRA:ZJS1' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14   Med: 0.24   Max: 0.56
Current: 0.52

During the past 13 years, JinkoSolar Holding Co's highest Cash to Debt Ratio was 0.56. The lowest was 0.14. And the median was 0.24.

FRA:ZJS1's Cash-to-Debt is ranked worse than
73.74% of 1032 companies
in the Semiconductors industry
Industry Median: 1.64 vs FRA:ZJS1: 0.52

JinkoSolar Holding Co  (FRA:ZJS1) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


JinkoSolar Holding Co Cash-to-Debt Related Terms


JinkoSolar Holding Co Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for JinkoSolar Holding Co's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

JinkoSolar Holding Co Cash-to-Debt Chart

JinkoSolar Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.22 0.30 0.54 0.46

JinkoSolar Holding Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.48 0.46 0.43 0.52

FRA:ZJS1 vs ARRY, CSIQ, SHLS: Cash-to-Debt Comparison

For the Solar subindustry, JinkoSolar Holding Co's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JinkoSolar Holding Co Cash-to-Debt vs Semiconductors Industry

For the Semiconductors industry and Technology sector, JinkoSolar Holding Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where JinkoSolar Holding Co's Cash-to-Debt falls into.


FRA:ZJS1
73GF Score
JinkoSolar Holding Co Ltd FRA:ZJS1
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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JinkoSolar Holding Co Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

JinkoSolar Holding Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

JinkoSolar Holding Co's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.52 mean?
JinkoSolar Holding Co (FRA:ZJS1) has a Cash-to-Debt of 0.52 as of Jun. 2026. This is 117% above median its historical median of 0.24. Over the past decade, JinkoSolar Holding Co's Cash-to-Debt has ranged from 0.14 to 0.56. According to the industry distribution chart, JinkoSolar Holding Co ranks #761 out of 1032 companies in the Semiconductors industry, placing it in the top 73.7%.
Is JinkoSolar Holding Co's Cash-to-Debt too high?
JinkoSolar Holding Co's current Cash-to-Debt of 0.52 is 117% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.56. The Semiconductors industry median Cash-to-Debt is 1.64. JinkoSolar Holding Co's value of 0.52 is 68.3% below this industry median. Based on the distribution chart, JinkoSolar Holding Co ranks #761 out of 1032 companies in the Semiconductors industry, which is below the industry midpoint. Overall, JinkoSolar Holding Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JinkoSolar Holding Co's Cash-to-Debt compare to ARRY and CSIQ?
According to the Semiconductors industry distribution chart, JinkoSolar Holding Co ranks #761 out of 1032 companies for Cash-to-Debt. This places JinkoSolar Holding Co in the lower half of its industry. The industry median Cash-to-Debt is 1.64. JinkoSolar Holding Co's value of 0.52 is 68.3% below this benchmark. Historically, JinkoSolar Holding Co's own Cash-to-Debt has ranged from 0.14 to 0.56 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 1.64, JinkoSolar Holding Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Semiconductors company?
The median Cash-to-Debt among Semiconductors companies is 1.64, based on 1,032 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JinkoSolar Holding Co's current Cash-to-Debt of 0.52 is 68.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median Cash-to-Debt is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JinkoSolar Holding Co's current Cash-to-Debt is 0.52, which is 117% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JinkoSolar Holding Co stock overvalued right now?
Based on GuruFocus' analysis, JinkoSolar Holding Co (FRA:ZJS1) is currently considered Modestly Undervalued. The stock's GF Value™ is €14.15, compared to a current price of €10.00 — trading 29.3% below its estimated fair value. The current Cash-to-Debt is 0.52, which is 117% above median its 10-year median of 0.24 and 68.3% below the Semiconductors industry median of 1.64. JinkoSolar Holding Co's overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For JinkoSolar Holding Co (FRA:ZJS1), the current Cash-to-Debt is 0.52 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JinkoSolar Holding Co (FRA:ZJS1) Overvalued in 2026?

Based on GuruFocus' analysis, JinkoSolar Holding Co stock appears to be undervalued. The current stock price of €10.00 is trading 29.3% below its estimated GF Value™ of €14.15. GuruFocus considers JinkoSolar Holding Co to be Modestly Undervalued.

Key valuation signals for FRA:ZJS1:

  • Cash-to-Debt: 0.52 (117% above median its 10-year median of 0.24)
  • GF Value™: €14.15 vs. price of €10.00 (29.3% below fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 68.3% below the Semiconductors median (#761 of 1032)

No single metric tells the full story. See the FRA:ZJS1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JinkoSolar Holding Co Business Description

Address 1 Yingbin Road, Shangrao Economic Development Zone, Jiangxi Province, Shangrao, CHN, 334100
JinkoSolar Holding Co Ltd is engaged in the photovoltaic industry. The firm has built a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. It sells solar modules under the JinkoSolar brand. The company's products include Silicon wafers, Solar cells, and Solar modules. Its geographical segments are China (including Hong Kong and Taiwan), the Americas, Europe, Asia Pacific, and the Rest of the world.
73GF Score

Get the complete analysis for FRA:ZJS1

Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€10.00
Price
€14.15
GF Value