Erayak Power Solution (RAYA) Debt Ratio (2021 - 2025)
Erayak Power Solution (RAYA) posted quarterly Debt Ratio of 0.2 for Q4 2025, up 82.38% year-over-year from 0.11 in Q4 2024, and up 45.3% quarter-over-quarter from 0.14 in Q2 2025.
Erayak Power Solution (RAYA) Debt Ratio (2021 - 2025) Analysis & Trends
Erayak Power Solution's Debt Ratio history runs 5 years deep, the most recent figure standing at 0.2 for Q4 2025.
- In Q4 2025, Debt Ratio rose 82.38% year-over-year to 0.2; the TTM figure through Dec 2025 stood at 0.2 (up 82.38% YoY), while the FY2025 annual figure was 0.2, up 82.38% from the prior year.
- Debt Ratio for Q4 2025 stood at 0.2, up from 0.14 in the prior quarter.
- The five-year high for Debt Ratio was 0.45 in Q4 2021, with the low at 0.04 in Q2 2024.
- The 5-year median for Debt Ratio is 0.14 (2023), against an average of 0.16.
- The sharpest annual moves came in 2024 and 2025: Debt Ratio slumped 68.27% in 2024, then soared 204.63% in 2025.
- Erayak Power Solution's Debt Ratio stood at 0.45 in 2021, then plunged by 61.56% to 0.17 in 2022, then plunged by 65.32% to 0.06 in 2023, then surged by 81.64% to 0.11 in 2024, then soared by 82.38% to 0.2 in 2025.
- Business Quant data shows RAYA's Debt Ratio at 0.2 in Q4 2025, 0.14 in Q2 2025, and 0.11 in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 0.18 |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 0.00 |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 0.21 |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 0.45 |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 0.37 |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 0.15 |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 0.26 |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 0.31 |
| 10 | Erayak Power Solution | 114,655.50 | -6.53 Mn | - | 0.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.20 |
| Jun 30, 2025 | 0.14 |
| Dec 31, 2024 | 0.11 |
| Jun 30, 2024 | 0.04 |
| Dec 31, 2023 | 0.06 |
| Jun 30, 2023 | 0.14 |
| Dec 31, 2022 | 0.17 |
| Dec 31, 2021 | 0.45 |