Erayak Power Solution (RAYA) Debt to Equity (2021 - 2025)

Erayak Power Solution's quarterly Debt to Equity came in at $0.33 in Q4 2025, up 77.55% year-on-year from $0.19 in Q4 2024, and down 16.97% quarter-over-quarter from $0.4 in Q2 2025.

Erayak Power Solution has reported Debt to Equity for 5 years, with the latest figure at $0.33 in Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity rose 77.55% year-over-year to $0.33; the trailing twelve-month figure through Dec 2025 stood at $0.33 (up 77.55% YoY), and the FY2025 full-year result was $0.33, up 77.55% from the prior year.
  • Debt to Equity for Q4 2025 stood at $0.33, down from $0.4 in the prior quarter.
  • The five-year high for Debt to Equity was $92643.5 in Q4 2023, with the low at $0.1 in Q2 2024.
  • Average Debt to Equity over 5 years is $11580.7, with a median of $0.33 recorded in 2022.
  • Year-over-year, Debt to Equity soared 27807291.98% in 2023 and slumped 100.0% in 2024.
  • Tracing RAYA's Debt to Equity over 5 years: stood at $0.83 in 2021, then sank by 60.1% to $0.33 in 2022, then soared by 27807291.98% to $92643.5 in 2023, then tumbled by 100.0% to $0.19 in 2024, then jumped by 77.55% to $0.33 in 2025.
  • The last three Debt to Equity figures came in at $0.33 (Q4 2025), $0.4 (Q2 2025), and $0.19 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 0.69
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn -
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 0.41
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 0.68
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 0.41
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn -
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 0.25
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 0.58
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 0.09
10 Erayak Power Solution - - - 0.33

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 0.33
Jun 30, 2025 0.40
Dec 31, 2024 0.19
Jun 30, 2024 0.10
Dec 31, 2023 92,643.45
Jun 30, 2023 0.28
Dec 31, 2022 0.33
Dec 31, 2021 0.83