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Erayak Power Solution (RAYA) Debt Ratio (2021 - 2025)

Erayak Power Solution has reported Debt Ratio over the past 4 years, most recently at 0.02 for Q4 2024.

  • Quarterly results put Debt Ratio at 0.02 for Q4 2024, down 61.41% from a year ago — trailing twelve months through Dec 2024 was 0.02 (down 61.41% YoY), and the annual figure for FY2024 was 0.02, down 61.41%.
  • Debt Ratio for Q4 2024 was 0.02 at Erayak Power Solution, down from 0.06 in the prior quarter.
  • Over the last five years, Debt Ratio for RAYA hit a ceiling of 0.25 in Q4 2021 and a floor of 0.02 in Q4 2024.
  • Median Debt Ratio over the past 4 years was 0.12 (2022), compared with a mean of 0.12.
  • Biggest five-year swings in Debt Ratio: plummeted 30.12% in 2022 and later crashed 65.32% in 2023.
  • Erayak Power Solution's Debt Ratio stood at 0.25 in 2021, then tumbled by 30.12% to 0.17 in 2022, then tumbled by 65.32% to 0.06 in 2023, then tumbled by 61.41% to 0.02 in 2024.
  • The last three reported values for Debt Ratio were 0.02 (Q4 2024), 0.06 (Q4 2023), and 0.17 (Q4 2022) per Business Quant data.