JinkoSolar Holding Co (STU:ZJS1) Debt-to-EBITDA : -16.11 (As of Mar. 2026)

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STU:ZJS1 JinkoSolar Holding Co Ltd STU:ZJS1
73 GF Score
Price €13.76
GF Value €17.06
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is JinkoSolar Holding Co Debt-to-EBITDA?

JinkoSolar Holding Co STU:ZJS1 +1.18% 73 Debt-to-EBITDA is -16.11 as of Mar. 2026. GuruFocus rates STU:ZJS1 with a GF Score™ of 73/100 and a GF Value™ of €17.06 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 727 Semiconductors companies, JinkoSolar Holding Co ranks worse than 137551.44% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

JinkoSolar Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €2,717 Mil. JinkoSolar Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €3,954 Mil. JinkoSolar Holding Co's annualized EBITDA for the quarter that ended in Mar. 2026 was €-414 Mil. JinkoSolar Holding Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -16.11.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

STU:ZJS1' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.86   Med: 9.03   Max: 256.88
Current: -10.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of JinkoSolar Holding Co was 256.88. The lowest was -10.86. And the median was 9.03.

STU:ZJS1's Debt-to-EBITDA is ranked worse than
100% of 727 companies
in the Semiconductors industry
Industry Median: 1.45 vs STU:ZJS1: -10.86

JinkoSolar Holding Co  (STU:ZJS1) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


JinkoSolar Holding Co Debt-to-EBITDA Related Terms


JinkoSolar Holding Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for JinkoSolar Holding Co's Debt-to-EBITDA 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.

JinkoSolar Holding Co Debt-to-EBITDA Chart

JinkoSolar Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.00 8.22 3.37 5.19 256.89

JinkoSolar Holding Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 -12.63 -5.13 -12.59 -4.17 -16.11

STU:ZJS1 vs ARRY, CSIQ, TOYO: Debt-to-EBITDA Comparison

For the Solar subindustry, JinkoSolar Holding Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Semiconductors Industry

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

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


STU:ZJS1
73GF Score
JinkoSolar Holding Co Ltd STU:ZJS1
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JinkoSolar Holding Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2518.435 + 3922.752) / 25.074
=256.89

JinkoSolar Holding Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2716.508 + 3953.535) / -413.968
=-16.11

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -16.11 mean?
JinkoSolar Holding Co (STU:ZJS1) has a Debt-to-EBITDA of -16.11 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on JinkoSolar Holding Co. According to the industry distribution chart, JinkoSolar Holding Co ranks #999999 out of 727 companies in the Semiconductors industry.
Is JinkoSolar Holding Co's Debt-to-EBITDA too high?
JinkoSolar Holding Co's current Debt-to-EBITDA is -16.11. Based on the distribution chart, JinkoSolar Holding Co ranks #999999 out of 727 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. 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 Debt-to-EBITDA compare to ARRY and CSIQ?
According to the Semiconductors industry distribution chart, JinkoSolar Holding Co ranks #999999 out of 727 companies for Debt-to-EBITDA. This places JinkoSolar Holding Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.45, based on 727 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on JinkoSolar Holding Co. For the Semiconductors industry, the median Debt-to-EBITDA is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JinkoSolar Holding Co's current Debt-to-EBITDA is -16.11. 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 (STU:ZJS1) is currently considered Modestly Undervalued. The stock's GF Value™ is €17.06, compared to a current price of €13.76 — trading 19.3% below its estimated fair value. The current Debt-to-EBITDA is -16.11. JinkoSolar Holding Co's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For JinkoSolar Holding Co (STU:ZJS1), the current Debt-to-EBITDA is -16.11 as of Mar. 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 (STU:ZJS1) Overvalued in 2026?

Based on GuruFocus' analysis, JinkoSolar Holding Co stock appears to be undervalued. The current stock price of €13.76 is trading 19.3% below its estimated GF Value™ of €17.06. GuruFocus considers JinkoSolar Holding Co to be Modestly Undervalued.

Key valuation signals for STU:ZJS1:

  • Debt-to-EBITDA: -16.11
  • GF Value™: €17.06 vs. price of €13.76 (19.3% below fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the STU: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 STU:ZJS1

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

€13.76
Price
€17.06
GF Value