JinkoSolar Quick Ratio from 2010 to 2024

JKS Stock  USD 21.64  0.03  0.14%   
JinkoSolar Holding Quick Ratio yearly trend continues to be comparatively stable with very little volatility. Quick Ratio will likely drop to 0.58 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.74220829
Current Value
0.58
Quarterly Volatility
0.11317188
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check JinkoSolar Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JinkoSolar Holding's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.6 B, Interest Expense of 1.1 B or Selling General Administrative of 4.8 B, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0412 or PTB Ratio of 0.7. JinkoSolar financial statements analysis is a perfect complement when working with JinkoSolar Holding Valuation or Volatility modules.
  
Check out the analysis of JinkoSolar Holding Correlation against competitors.
For more information on how to buy JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.

Latest JinkoSolar Holding's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of JinkoSolar Holding over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. JinkoSolar Holding's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JinkoSolar Holding's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Very volatile
   Quick Ratio   
       Timeline  

JinkoSolar Quick Ratio Regression Statistics

Arithmetic Mean0.73
Geometric Mean0.72
Coefficient Of Variation15.52
Mean Deviation0.08
Median0.73
Standard Deviation0.11
Sample Variance0.01
Range0.4817
R-Value(0.06)
Mean Square Error0.01
R-Squared0
Significance0.84
Slope(0)
Total Sum of Squares0.18

JinkoSolar Quick Ratio History

2024 0.58
2023 0.74
2020 0.78
2017 0.75
2015 1.04
2014 0.81
2013 0.64

About JinkoSolar Holding Financial Statements

JinkoSolar Holding shareholders use historical fundamental indicators, such as Quick Ratio, to determine how well the company is positioned to perform in the future. Although JinkoSolar Holding investors may analyze each financial statement separately, they are all interrelated. The changes in JinkoSolar Holding's assets and liabilities, for example, are also reflected in the revenues and expenses on on JinkoSolar Holding's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Quick Ratio 0.74  0.58 

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Additional 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.