Erayak Power Solution (RAYA) Debt Ratio (2020 - 2026)
Erayak Power Solution's Debt Ratio came in at 0.12 for the quarter ended Jun 30, 2026, down 46.2% from 0.23 a year earlier.
Powered by 
Analysis
Erayak Power Solution (RAYA) Debt Ratio (2020 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Erayak Power Solution's Debt Ratio was 0.21, up 88.4% from the prior year.
- Going back by year, Debt Ratio was 0.11 in the year ended Dec 31, 2024 (+81.4%), 0.06 in the year ended Dec 31, 2023 (-78.6%), 0.29 in the year ended Dec 31, 2022 (-35.6%) and 0.45 in the year ended Dec 31, 2021 (+166.2%).
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly Debt Ratio since the quarter ended Dec 31, 2024.
- Year-over-year, Debt Ratio increased in three of the last four quarters, with growth averaging 87.4%.
- The fastest year-over-year change in Debt Ratio over five years came in the quarter ended Jun 30, 2025 (growth of 226.1%), and the weakest in the quarter ended Dec 31, 2023 (a decline of 78.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 0.42 |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 0.38 |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 0.54 |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | 0.35 |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 0.42 |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 0.38 |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 0.31 |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 0.57 |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 0.16 |
| 10 | Erayak Power Solution | 41,530.77 | -15.07 Mn | - | 0.22 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.22 |
| Dec 31, 2025 | 0.21 |
| Jun 30, 2025 | 0.23 |
| Dec 31, 2024 | 0.11 |
| Jun 30, 2024 | 0.07 |
| Dec 31, 2023 | 0.06 |
| Jun 30, 2023 | 0.31 |
| Dec 31, 2022 | 0.29 |
| Dec 31, 2021 | 0.45 |
| Dec 31, 2020 | 0.17 |
API Access
Erayak Power Solution Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=RAYA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "RAYA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=RAYA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();