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

Erayak Power Solution (RAYA) recorded quarterly Debt Ratio of 0.2 in Q4 2025, down 8.21% quarter-over-quarter from 0.21 in Q2 2025, and up 82.38% on a YoY basis from 0.11 in Q4 2024.

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 was 0.2 for Q4 2025 at Erayak Power Solution, down from 0.21 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 65459417243.49 in Q2 2024 to a low of 0.11 in Q4 2024.
  • Historically, Debt Ratio has averaged 8182433785.79 across 5 years, with a median of 0.21 in 2025.
  • The sharpest annual moves came in 2024 and 2025: Debt Ratio soared 42077970251555.42% in 2024, then plunged 100.0% in 2025.
  • A 5-year view of Debt Ratio shows it stood at 0.25 in 2021, then tumbled by 30.12% to 0.17 in 2022, then soared by 30950108.17% to 53041.72 in 2023, then plunged by 100.0% to 0.11 in 2024, then jumped by 82.38% to 0.2 in 2025.
  • The last three Debt Ratio figures came in at 0.2 (Q4 2025), 0.21 (Q2 2025), and 0.11 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 0.33
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 0.22
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn -
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 0.22
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 0.31
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 0.22
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn -
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 0.15
10 Erayak Power Solution - - - 0.20

Historic Data

Download Data
DateValue
Dec 31, 2025 0.20
Jun 30, 2025 0.21
Dec 31, 2024 0.11
Jun 30, 2024 65.46 Bn
Dec 31, 2023 53,041.72
Jun 30, 2023 0.16
Dec 31, 2022 0.17
Dec 31, 2021 0.25