JinkoSolar Holding (JKS) Debt Ratio (2009 - 2026)
JinkoSolar Holding's (JKS) quarterly Debt Ratio came in at 0.2 in Q2 2026, down 14.53% year-over-year from 0.23 in Q2 2025, and down 14.11% quarter-over-quarter from 0.23 in Q1 2026.
Analysis
JinkoSolar Holding (JKS) Debt Ratio (2009 - 2026) Analysis & Trends
JinkoSolar Holding has disclosed Debt Ratio across 18 years of filings, most recently posting 0.2 for Q2 2026.
- In Q2 2026, Debt Ratio fell 14.53% year-over-year to 0.2; the TTM figure through Jun 2026 stood at 0.2 (down 14.53% YoY), while the FY2025 annual figure was 0.34, up 32.6% from the prior year.
- Debt Ratio came in at 0.2 for Q2 2026 at JinkoSolar Holding, down from 0.23 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.52 in Q3 2022 to a low of 0.09 in Q4 2023.
- Average Debt Ratio over 5 years is 0.3, with a median of 0.26 recorded in 2024.
- Year-over-year, Debt Ratio slumped 61.96% in 2023 and soared 275.79% in 2024.
- Over 5 years, Debt Ratio stood at 0.24 in 2022, then tumbled by 61.96% to 0.09 in 2023, then soared by 275.79% to 0.34 in 2024, then advanced by 1.45% to 0.35 in 2025, then slumped by 43.04% to 0.2 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.2 in Q2 2026, 0.23 in Q1 2026, and 0.35 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 0.00 |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 0.20 |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | - |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 0.37 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 0.19 |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 0.40 |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 0.44 |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 0.31 |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 0.05 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.20 |
| Mar 31, 2026 | 0.23 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.23 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 0.23 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 0.25 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.09 |
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.29 |
| Mar 31, 2023 | 0.41 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.52 |
| Jun 30, 2022 | 0.50 |
| Mar 31, 2022 | 0.48 |
| Dec 31, 2021 | 0.30 |
| Sep 30, 2021 | 0.30 |