JKS Stock | | | USD 22.19 0.39 1.73% |
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 Other Stockholder Equity and its Retained Earnings 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 closely tied 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.
Other Stockholder Equity vs Retained Earnings
Other Stockholder Equity vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JinkoSolar Holding Other Stockholder Equity account and
Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between JinkoSolar Holding's Other Stockholder Equity and Retained Earnings is 0.93. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Retained Earnings 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 Other Stockholder Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of JinkoSolar Holding are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Stockholder Equity i.e., JinkoSolar Holding's Other Stockholder Equity and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Stockholder Equity
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 closely tied 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
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
JinkoSolar Holding fundamental ratios Correlations
Click cells to compare fundamentals
JinkoSolar Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JinkoSolar Holding fundamental ratios Accounts
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Additional Tools for JinkoSolar Stock Analysis
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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.