JinkoSolar Holding Co Debt-to-Equity Ratio Growth & History (JKS)
JinkoSolar Holding Co's debt-to-equity ratio was 0.67 for fiscal 2025.
View full JinkoSolar Holding Co company overviewJinkoSolar Holding Co annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.67 | 0.22 | +47.61% |
| 2024 | 2024-12-31 | 0.46 | 0.18 | +67.31% |
| 2023 | 2023-12-31 | 0.27 | 0.17 | +159.97% |
| 2022 | 2022-12-31 | 0.10 | −0.07 | −41.38% |
| 2021 | 2021-12-31 | 0.18 | 0.09 | +96.28% |
| 2020 | 2020-12-31 | 0.09 | −0.11 | −54.36% |
| 2019 | 2019-12-31 | 0.20 | −0.05 | −20.29% |
| 2018 | 2018-12-31 | 0.25 | 0.19 | +329.88% |
| 2017 | 2017-12-31 | 0.06 | −0.02 | −22.89% |
| 2016 | 2016-12-31 | 0.08 | −1.20 | −94.05% |
| 2015 | 2015-12-31 | 1.27 | 0.98 | +335.76% |
| 2014 | 2014-12-31 | 0.29 | 0.08 | +36.77% |
| 2013 | 2013-12-31 | 0.21 | −0.14 | −39.42% |
| 2012 | 2012-12-31 | 0.35 | −0.06 | −14.70% |
| 2011 | 2011-12-31 | 0.41 | — | — |
JinkoSolar Holding Co quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.67 | 0.22 | +47.61% |
| Q4 2024 | 2024-12-31 | 0.46 | 0.18 | +67.31% |
| Q4 2023 | 2023-12-31 | 0.27 | 0.17 | +159.97% |
| Q4 2022 | 2022-12-31 | 0.10 | −0.07 | −41.38% |
| Q4 2021 | 2021-12-31 | 0.18 | 0.09 | +96.28% |
| Q4 2020 | 2020-12-31 | 0.09 | −0.11 | −54.36% |
| Q3 2020 | 2020-09-30 | 0.09 | — | — |
| Q4 2019 | 2019-12-31 | 0.20 | −0.05 | −20.29% |
| Q4 2018 | 2018-12-31 | 0.25 | 0.19 | +329.88% |
| Q4 2017 | 2017-12-31 | 0.06 | −0.02 | −22.89% |
| Q3 2017 | 2017-09-30 | 0.07 | — | — |
| Q2 2017 | 2017-06-30 | 0.07 | — | — |
| Q4 2016 | 2016-12-31 | 0.08 | −1.20 | −94.05% |
| Q4 2015 | 2015-12-31 | 1.27 | 0.98 | +335.76% |
| Q4 2014 | 2014-12-31 | 0.29 | 0.08 | +36.77% |
| Q4 2013 | 2013-12-31 | 0.21 | −0.14 | −39.42% |
| Q4 2012 | 2012-12-31 | 0.35 | −0.06 | −14.70% |
| Q4 2011 | 2011-12-31 | 0.41 | — | — |
JinkoSolar Holding Co debt-to-equity ratio trends
Over the last five fiscal years, JinkoSolar Holding Co's debt-to-equity ratio increased from 0.09 to 0.67, a change of 0.58. The latest reported quarter, Q4 2025, shows 0.67.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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