RAYA
Price:
$3.85
Market Cap:
$3.29M
Erayak Power Solution Group Inc., through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. The company's products are used in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. It operates in the People's Republic of China, France, Poland, Mexico, and the United Kingdom. The company was founded in 2009 and is based in Wenzhou, the People's Republic of China. Erayak Power Solution Group Inc. operates as...[Read more]
Industry
Electrical Equipment & Parts
IPO Date
2022-12-14
Stock Exchange
NASDAQ
Ticker
RAYA
According to Erayak Power Solution Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.13. This represents a change of 15.81% compared to the average of 1.84 of the last 4 quarters.
The mean historical Current Ratio of Erayak Power Solution Group Inc. over the last ten years is 1.26. The current 2.13 Current Ratio has changed 16.86% with respect to the historical average. Over the past ten years (40 quarters), RAYA's Current Ratio was at its highest in in the December 2024 quarter at 2.13. The Current Ratio was at its lowest in in the December 2019 quarter at 0.
Average
1.26
Median
1.35
Minimum
0.34
Maximum
2.13
Discovering the peaks and valleys of Erayak Power Solution Group Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 106.42%
Maximum Annual Current Ratio = 2.13
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0.34
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.13 | 27.35% |
| 2023 | 1.67 | 6.89% |
| 2022 | 1.56 | 37.63% |
| 2021 | 1.14 | 63.84% |
| 2020 | 0.69 | 106.42% |
The current Current Ratio of Erayak Power Solution Group Inc. (RAYA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.79
5-year avg
1.44
10-year avg
1.26
Erayak Power Solution Group Inc.’s Current Ratio is greater than Icon Energy Corp. (1.07), greater than Digital Ally, Inc. (0.99), less than StableX Technologies, Inc. - Common Stock (7.23), less than Iveda Solutions, Inc. (3.48), greater than Singularity Future Technology Ltd. (1.16), less than Lichen International Limited (10.19), less than Expion360 Inc. (9.18), less than Harrison Global Holdings Inc. (2.81), greater than Powell Max Limited Class A Ordinary Shares (1.45), greater than urban-gro, Inc. (0.74),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.07 | $1.85M | |
| 0.99 | $2.54M | |
| 7.23 | $2.19M | |
| 3.48 | $3.74M | |
| 1.16 | $2.37M | |
| 10.19 | $2.23M | |
| 9.18 | $4.51M | |
| 2.81 | $1.57M | |
| 1.45 | $4.65M | |
| 0.74 | $3.11M |
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