JinkoSolar Cash vs Property Plant And Equipment Gross Analysis
| JKS Stock | USD 26.52 1.77 7.15% |
JinkoSolar Holding financial indicator trend analysis is infinitely more than just investigating JinkoSolar Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JinkoSolar Holding is a good investment. Please check the relationship between JinkoSolar Holding Cash and its Property Plant And Equipment Gross accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JinkoSolar Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.
Cash vs Property Plant And Equipment Gross
Cash vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JinkoSolar Holding Cash account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between JinkoSolar Holding's Cash and Property Plant And Equipment Gross is 0.97. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of JinkoSolar Holding, assuming nothing else is changed. The correlation between historical values of JinkoSolar Holding's Cash and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of JinkoSolar Holding are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Cash i.e., JinkoSolar Holding's Cash and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of JinkoSolar Holding, which is listed under current asset account on JinkoSolar Holding balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from JinkoSolar Holding customers. The amounts must be unrestricted with restricted cash listed in a different JinkoSolar Holding account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Property Plant And Equipment Gross
Most indicators from JinkoSolar Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JinkoSolar Holding current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JinkoSolar Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.At this time, JinkoSolar Holding's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.3 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 3.10 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.7B | 12.3B | 19.0B | 20.0B | Total Revenue | 40.8B | 83.1B | 118.7B | 124.6B |
JinkoSolar Holding fundamental ratios Correlations
Click cells to compare fundamentals
JinkoSolar Holding Account Relationship Matchups
JinkoSolar Holding fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 47.8B | 53.2B | 73.0B | 108.7B | 135.8B | 142.6B | |
| Short Long Term Debt Total | 20.0B | 27.6B | 37.3B | 47.8B | 56.8B | 59.6B | |
| Other Current Liab | 9.5B | 2.5B | 12.8B | 21.3B | 1.1B | 1.2B | |
| Total Current Liabilities | 31.3B | 31.2B | 45.5B | 64.9B | 81.1B | 85.1B | |
| Total Stockholder Equity | 9.3B | 10.0B | 11.0B | 16.3B | 20.2B | 21.2B | |
| Property Plant And Equipment Net | 11.8B | 13.6B | 21.0B | 33.2B | 44.6B | 46.8B | |
| Net Debt | 14.4B | 20.1B | 29.0B | 37.5B | 40.7B | 42.8B | |
| Retained Earnings | 4.7B | 4.9B | 5.6B | 6.2B | 9.1B | 9.6B | |
| Accounts Payable | 5.0B | 4.5B | 6.8B | 10.4B | 15.5B | 16.2B | |
| Cash | 5.7B | 7.5B | 8.3B | 10.2B | 16.1B | 16.9B | |
| Non Current Assets Total | 12.7B | 14.6B | 22.8B | 36.5B | 52.9B | 55.5B | |
| Non Currrent Assets Other | (271.3M) | (255.1M) | (371.8M) | (704.2M) | 2.4B | 2.6B | |
| Cash And Short Term Investments | 5.7B | 8.1B | 8.5B | 10.3B | 17.1B | 17.9B | |
| Net Receivables | 7.3B | 6.0B | 9.2B | 23.8B | 27.2B | 28.5B | |
| Common Stock Total Equity | 18.6K | 21.7K | 24.8K | 26K | 29.9K | 18.6K | |
| Common Stock Shares Outstanding | 42.3M | 44.7M | 51.4M | 50.1M | 56.5M | 35.7M | |
| Liabilities And Stockholders Equity | 47.8B | 53.2B | 73.0B | 108.7B | 135.8B | 142.6B | |
| Non Current Liabilities Total | 2.3B | 7.3B | 11.0B | 14.1B | 21.2B | 22.3B | |
| Inventory | 8.3B | 9.4B | 14.8B | 20.8B | 18.2B | 19.1B | |
| Other Current Assets | 10.4B | 10.2B | 13.1B | 13.4B | 3.4B | 5.7B | |
| Other Stockholder Equity | 3.9B | 4.5B | 4.9B | 9.9B | 10.7B | 11.2B | |
| Total Liab | 35.4B | 40.2B | 58.7B | 81.7B | 102.3B | 107.4B | |
| Property Plant And Equipment Gross | 12.6B | 14.2B | 21.0B | 33.2B | 56.1B | 58.9B | |
| Total Current Assets | 31.7B | 33.7B | 45.5B | 68.3B | 82.9B | 87.1B | |
| Accumulated Other Comprehensive Income | 752.7M | 563.4M | 545.9M | 217.7M | 359.6M | 321.8M | |
| Short Term Debt | 16.8B | 19.7B | 25.7B | 32.5B | 40.2B | 42.2B | |
| Intangible Assets | 634.3M | 796.8M | 1.1B | 1.5B | 2.4B | 2.5B | |
| Common Stock | 24.8K | 26.1K | 26K | 28K | 29K | 19.9K | |
| Current Deferred Revenue | 749K | 4.6B | 200M | 814.5M | 24.3B | 25.5B | |
| Other Assets | 3.5B | 5.0B | 4.6B | 3.9B | 4.4B | 4.7B | |
| Long Term Debt | 2.3B | 7.3B | 11.6B | 15.5B | 16.0B | 16.8B | |
| Short Term Investments | 1.2B | 570M | 150M | 104.5M | 1.0B | 1.1B | |
| Property Plant Equipment | 11.8B | 13.6B | 21.0B | 33.2B | 38.2B | 40.1B | |
| Other Liab | 949.0M | 1.1B | 1.6B | 2.2B | 2.5B | 2.6B | |
| Net Tangible Assets | 8.7B | 9.2B | 9.9B | 14.9B | 17.1B | 18.0B | |
| Long Term Investments | 278.0M | 194.3M | 633.9M | 1.7B | 2.2B | 2.3B | |
| Short Long Term Debt | 16.6B | 19.4B | 25.4B | 32.2B | 40.1B | 42.1B | |
| Long Term Debt Total | 2.9B | 7.6B | 11.8B | 15.6B | 17.9B | 18.8B | |
| Capital Surpluse | 4.6B | 5.3B | 5.6B | 9.9B | 11.4B | 12.0B |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JinkoSolar Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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Is JinkoSolar Holding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JinkoSolar Holding. If investors know JinkoSolar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JinkoSolar Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.64) | Earnings Share 7.1 | Revenue Per Share 2.2 K | Quarterly Revenue Growth (0.01) | Return On Assets 0.0258 |
The market value of JinkoSolar Holding is measured differently than its book value, which is the value of JinkoSolar that is recorded on the company's balance sheet. Investors also form their own opinion of JinkoSolar Holding's value that differs from its market value or its book value, called intrinsic value, which is JinkoSolar Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JinkoSolar Holding's market value can be influenced by many factors that don't directly affect JinkoSolar Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JinkoSolar Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if JinkoSolar Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JinkoSolar Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.