JinkoSolar Net Invested Capital vs Short Term Debt Analysis

JKS Stock

USD 24.47 0.32 1.29%

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 Net Invested Capital and its Short Term Debt 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.

Net Invested Capital vs Short Term Debt

Net Invested Capital vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JinkoSolar Holding Net Invested Capital account and Short Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between JinkoSolar Holding's Net Invested Capital and Short Term Debt is 0.9. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Short Term Debt 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 Net Invested Capital and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of JinkoSolar Holding are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Invested Capital i.e., JinkoSolar Holding's Net Invested Capital and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Short Term Debt

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

Gross Profit Total Revenue

JinkoSolar Holding fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.99	0.26	1.0	0.99	0.99	0.99	0.96	0.98	0.99	0.99	0.39	0.98	0.97	0.65	0.73	0.97	0.96	0.38	0.99	1.0	0.98	1.0	0.99	0.98	0.73
Short Long Term Debt Total	0.99		0.29	0.99	0.98	0.98	1.0	0.95	0.96	0.99	0.97	0.33	0.98	0.95	0.69	0.76	0.97	0.98	0.44	0.98	1.0	0.96	0.99	0.99	0.97	0.77
Other Current Liab	0.26	0.29		0.28	0.3	0.2	0.33	0.28	0.2	0.17	0.17	-0.23	0.14	0.25	0.46	0.5	0.14	0.45	0.59	0.28	0.26	0.11	0.27	0.29	0.14	0.54
Total Current Liabilities	1.0	0.99	0.28		0.99	0.99	0.99	0.96	0.98	0.99	0.98	0.4	0.98	0.97	0.66	0.74	0.96	0.97	0.4	0.99	1.0	0.97	1.0	0.99	0.98	0.74
Total Stockholder Equity	0.99	0.98	0.3	0.99		0.97	0.98	0.98	0.97	0.98	0.96	0.41	0.97	0.96	0.7	0.76	0.94	0.96	0.4	0.98	0.99	0.95	0.99	0.99	0.96	0.78
Property Plant And Equipment Net	0.99	0.98	0.2	0.99	0.97		0.97	0.93	0.97	0.98	1.0	0.4	0.98	0.97	0.61	0.67	0.98	0.94	0.28	0.98	0.99	0.99	0.98	0.98	0.99	0.67
Net Debt	0.99	1.0	0.33	0.99	0.98	0.97		0.95	0.95	0.97	0.96	0.3	0.97	0.95	0.7	0.77	0.96	0.98	0.47	0.98	0.99	0.94	0.99	0.99	0.96	0.78
Retained Earnings	0.96	0.95	0.28	0.96	0.98	0.93	0.95		0.94	0.96	0.93	0.42	0.96	0.92	0.7	0.76	0.9	0.94	0.4	0.93	0.96	0.92	0.96	0.98	0.93	0.78
Accounts Payable	0.98	0.96	0.2	0.98	0.97	0.97	0.95	0.94		0.96	0.97	0.55	0.96	0.98	0.6	0.69	0.95	0.91	0.31	0.97	0.98	0.97	0.98	0.97	0.98	0.68
Cash	0.99	0.99	0.17	0.99	0.98	0.98	0.97	0.96	0.96		0.98	0.4	1.0	0.94	0.65	0.72	0.97	0.94	0.35	0.97	0.99	0.97	0.98	0.98	0.98	0.72
Non Current Assets Total	0.99	0.97	0.17	0.98	0.96	1.0	0.96	0.93	0.97	0.98		0.43	0.98	0.97	0.59	0.65	0.98	0.93	0.24	0.98	0.99	1.0	0.98	0.97	0.99	0.64
Non Currrent Assets Other	0.39	0.33	-0.23	0.4	0.41	0.4	0.3	0.42	0.55	0.4	0.43		0.41	0.45	0.01	0.09	0.39	0.2	-0.26	0.38	0.38	0.49	0.39	0.36	0.49	0.04
Cash And Short Term Investments	0.98	0.98	0.14	0.98	0.97	0.98	0.97	0.96	0.96	1.0	0.98	0.41		0.94	0.64	0.71	0.98	0.93	0.33	0.96	0.98	0.98	0.98	0.98	0.98	0.71
Net Receivables	0.97	0.95	0.25	0.97	0.96	0.97	0.95	0.92	0.98	0.94	0.97	0.45	0.94		0.56	0.64	0.94	0.92	0.26	0.98	0.97	0.96	0.97	0.95	0.96	0.65
Common Stock Total Equity	0.65	0.69	0.46	0.66	0.7	0.61	0.7	0.7	0.6	0.65	0.59	0.01	0.64	0.56		0.94	0.58	0.72	0.57	0.65	0.66	0.56	0.66	0.7	0.6	0.96
Common Stock Shares Outstanding	0.73	0.76	0.5	0.74	0.76	0.67	0.77	0.76	0.69	0.72	0.65	0.09	0.71	0.64	0.94		0.66	0.8	0.63	0.72	0.74	0.63	0.74	0.77	0.66	0.97
Non Current Liabilities Total	0.97	0.97	0.14	0.96	0.94	0.98	0.96	0.9	0.95	0.97	0.98	0.39	0.98	0.94	0.58	0.66		0.92	0.25	0.96	0.97	0.98	0.96	0.95	0.98	0.64
Inventory	0.96	0.98	0.45	0.97	0.96	0.94	0.98	0.94	0.91	0.94	0.93	0.2	0.93	0.92	0.72	0.8	0.92		0.53	0.95	0.97	0.89	0.97	0.97	0.91	0.81
Other Current Assets	0.38	0.44	0.59	0.4	0.4	0.28	0.47	0.4	0.31	0.35	0.24	-0.26	0.33	0.26	0.57	0.63	0.25	0.53		0.36	0.39	0.19	0.43	0.42	0.23	0.68
Other Stockholder Equity	0.99	0.98	0.28	0.99	0.98	0.98	0.98	0.93	0.97	0.97	0.98	0.38	0.96	0.98	0.65	0.72	0.96	0.95	0.36		0.99	0.97	0.99	0.98	0.97	0.73
Total Liab	1.0	1.0	0.26	1.0	0.99	0.99	0.99	0.96	0.98	0.99	0.99	0.38	0.98	0.97	0.66	0.74	0.97	0.97	0.39	0.99		0.97	1.0	0.99	0.98	0.74
Property Plant And Equipment Gross	0.98	0.96	0.11	0.97	0.95	0.99	0.94	0.92	0.97	0.97	1.0	0.49	0.98	0.96	0.56	0.63	0.98	0.89	0.19	0.97	0.97		0.96	0.96	1.0	0.61
Total Current Assets	1.0	0.99	0.27	1.0	0.99	0.98	0.99	0.96	0.98	0.98	0.98	0.39	0.98	0.97	0.66	0.74	0.96	0.97	0.43	0.99	1.0	0.96		0.99	0.97	0.75
Short Term Debt	0.99	0.99	0.29	0.99	0.99	0.98	0.99	0.98	0.97	0.98	0.97	0.36	0.98	0.95	0.7	0.77	0.95	0.97	0.42	0.98	0.99	0.96	0.99		0.97	0.78
Intangible Assets	0.98	0.97	0.14	0.98	0.96	0.99	0.96	0.93	0.98	0.98	0.99	0.49	0.98	0.96	0.6	0.66	0.98	0.91	0.23	0.97	0.98	1.0	0.97	0.97		0.65
Common Stock	0.73	0.77	0.54	0.74	0.78	0.67	0.78	0.78	0.68	0.72	0.64	0.04	0.71	0.65	0.96	0.97	0.64	0.81	0.68	0.73	0.74	0.61	0.75	0.78	0.65

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

Pair Trading with JinkoSolar Holding

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JinkoSolar Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JinkoSolar Holding will appreciate offsetting losses from the drop in the long position's value.

Moving together with JinkoSolar Stock

0.83

ON Semiconductor

Pair Corr

Moving against JinkoSolar Stock

0.57	MU	Micron Technology Aggressive Push	Pair Corr
0.42	MTSI	MACOM Technology Sol Fiscal Year End 14th of November 2024	Pair Corr

The ability to find closely correlated positions to JinkoSolar Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JinkoSolar Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JinkoSolar Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JinkoSolar Holding to buy it.

The correlation of JinkoSolar Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JinkoSolar Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JinkoSolar Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for JinkoSolar Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether JinkoSolar Holding is a strong investment it is important to analyze JinkoSolar Holding's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JinkoSolar Holding's future performance. For an informed investment choice regarding JinkoSolar Stock, refer to the following important reports:

How To Invest In JinkoSolar

Details

Is JinkoSolar Stock a good investment?

Details

What is JinkoSolar Holding's Net Worth?

Details

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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.

You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for JinkoSolar Stock analysis

When running JinkoSolar Holding's price analysis, check to measure JinkoSolar Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JinkoSolar Holding is operating at the current time. Most of JinkoSolar Holding's value examination focuses on studying past and present price action to predict the probability of JinkoSolar Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JinkoSolar Holding's price. Additionally, you may evaluate how the addition of JinkoSolar Holding to your portfolios can decrease your overall portfolio volatility.

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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)

Dividend Share

10.636

Earnings Share

7.09

Revenue Per Share

2.2 K

Quarterly Revenue Growth

(0.01)

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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JinkoSolar Net Invested Capital vs Short Term Debt Analysis

Net Invested Capital vs Short Term Debt

Net Invested Capital vs Short Term Debt Correlation Analysis

Correlation Coefficient

Net Invested Capital

Short Term Debt

JinkoSolar Holding fundamental ratios Correlations

JinkoSolar Holding Account Relationship Matchups

High Positive Relationship

High Negative Relationship

JinkoSolar Holding fundamental ratios Accounts

Pair Trading with JinkoSolar Holding

Moving together with JinkoSolar Stock

Moving against JinkoSolar Stock

Complementary Tools for JinkoSolar Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities

Other Current Assets	- 0.26	Non Currrent Assets Other
Non Currrent Assets Other	- 0.23	Other Current Liab