JinkoSolar Holding (JKS) Debt Ratio (2009 - 2026)
JinkoSolar Holding (JKS) posted Debt Ratio of 0.24 for Q1 2026, up 2.45% sequentially from 0.24 in Q4 2025, and down 5.45% YoY from 0.26 in Q1 2025.
JinkoSolar Holding (JKS) Debt Ratio (2009 - 2026) Analysis & Trends
JinkoSolar Holding has reported Debt Ratio for 18 years, with the latest figure at 0.24 in Q1 2026.
- Quarterly Debt Ratio fell 5.45% year-over-year to 0.24 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.24 (down 5.45% YoY) and the FY2025 annual result came in at 0.24, up 6.48% from the prior year.
- Debt Ratio rose to 0.24 in Q1 2026 per JKS's latest filing, from 0.24 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.27 in Q2 2025 and troughed at 0.01 in Q4 2023.
- A 5-year average of 0.17 and a median of 0.14 in 2024 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio soared 11934.27% in 2022, then tumbled 93.45% in 2023.
- Over 5 years, Debt Ratio stood at 0.12 in 2022, then sank by 93.45% to 0.01 in 2023, then soared by 2700.79% to 0.22 in 2024, then rose by 7.99% to 0.24 in 2025, then advanced by 2.45% to 0.24 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.24, 0.24, and 0.25 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 0.00 |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 0.20 |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 0.62 |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 0.19 |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 0.55 |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 0.15 |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 0.44 |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.25 |
| Jun 30, 2025 | 0.27 |
| Mar 31, 2025 | 0.26 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.22 |
| Jun 30, 2024 | 0.16 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | 0.01 |
| Sep 30, 2023 | 0.11 |
| Jun 30, 2023 | 0.11 |
| Mar 31, 2023 | 0.13 |
| Dec 31, 2022 | 0.12 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.11 |
| Mar 31, 2022 | 0.12 |
| Dec 31, 2021 | 0.00 |
| Sep 30, 2021 | 0.15 |
| Jun 30, 2021 | 0.14 |