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JinkoSolar Holding Co (JinkoSolar Holding Co) Equity-to-Asset : 0.16 (As of Sep. 2023)


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What is JinkoSolar Holding Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JinkoSolar Holding Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $2,745 Mil. JinkoSolar Holding Co's Total Assets for the quarter that ended in Sep. 2023 was $17,450 Mil. Therefore, JinkoSolar Holding Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.16.

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

JKS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.19   Max: 0.25
Current: 0.16

During the past 13 years, the highest Equity to Asset Ratio of JinkoSolar Holding Co was 0.25. The lowest was 0.14. And the median was 0.19.

JKS's Equity-to-Asset is ranked worse than
94.41% of 1001 companies
in the Semiconductors industry
Industry Median: 0.63 vs JKS: 0.16

JinkoSolar Holding Co Equity-to-Asset Historical Data

The historical data trend for JinkoSolar Holding Co's Equity-to-Asset 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.

* Premium members only.

JinkoSolar Holding Co Equity-to-Asset Chart

JinkoSolar Holding Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.19 0.19 0.15 0.15

JinkoSolar Holding Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset 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 0.14 0.15 0.16 0.16 0.16

Competitive Comparison of JinkoSolar Holding Co's Equity-to-Asset

For the Solar subindustry, JinkoSolar Holding Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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's Equity-to-Asset Distribution in the Semiconductors Industry

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

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



JinkoSolar Holding Co Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

JinkoSolar Holding Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=2343.365/15586.182
=0.15

JinkoSolar Holding Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=2744.591/17450.012
=0.16

* 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  (NYSE:JKS) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


JinkoSolar Holding Co Equity-to-Asset Related Terms

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JinkoSolar Holding Co (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 product includes Silicon wafers, Solar cells, and Solar modules. Its geographical segments are China (including Hong Kong and Taiwan), North America, Europe, Asia Pacific (except China, which includes Hong Kong and Taiwan), and the Rest of the world.