Erayak Non Current Liabilities Total from 2010 to 2025

RAYA Stock   1.30  0.01  0.78%   
Erayak Power's Non Current Liabilities Total is increasing over the years with stable fluctuation. Non Current Liabilities Total is expected to dwindle to about 1.6 M. From 2010 to 2025 Erayak Power Non Current Liabilities Total quarterly data regression line had arithmetic mean of  1,621,274 and r-squared of  0.03. View All Fundamentals
 
Non Current Liabilities Total  
First Reported
2019-03-31
Previous Quarter
1.9 M
Current Value
1.7 M
Quarterly Volatility
1.5 M
 
Covid
Check Erayak Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Erayak Power's main balance sheet or income statement drivers, such as Tax Provision of 324.9 K, Depreciation And Amortization of 1.1 M or Interest Expense of 387 K, as well as many indicators such as Price To Sales Ratio of 0.71, Dividend Yield of 0.0 or PTB Ratio of 0.71. Erayak financial statements analysis is a perfect complement when working with Erayak Power Valuation or Volatility modules.
  
Check out the analysis of Erayak Power Correlation against competitors.

Latest Erayak Power's Non Current Liabilities Total Growth Pattern

Below is the plot of the Non Current Liabilities Total of Erayak Power Solution over the last few years. It is Erayak Power's Non Current Liabilities Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Erayak Power's overall financial position and show how it may be relating to other accounts over time.
Non Current Liabilities Total10 Years Trend
Pretty Stable
   Non Current Liabilities Total   
       Timeline  

Erayak Non Current Liabilities Total Regression Statistics

Arithmetic Mean1,621,274
Geometric Mean1,424,993
Coefficient Of Variation54.97
Mean Deviation424,982
Median1,436,410
Standard Deviation891,290
Sample Variance794.4B
Range4.5M
R-Value0.18
Mean Square Error825B
R-Squared0.03
Significance0.52
Slope32,812
Total Sum of Squares11.9T

Erayak Non Current Liabilities Total History

20251.6 M
20241.7 M
20231.9 M
2022217.5 K
20214.7 M
20201.5 M

About Erayak Power Financial Statements

Erayak Power stakeholders use historical fundamental indicators, such as Erayak Power's Non Current Liabilities Total, to determine how well the company is positioned to perform in the future. Although Erayak Power investors may analyze each financial statement separately, they are all interrelated. For example, changes in Erayak Power's assets and liabilities are reflected in the revenues and expenses on Erayak Power's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Erayak Power Solution. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Current Liabilities Total1.7 M1.6 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Erayak Power Solution offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Erayak Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Erayak Power Solution Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Erayak Power Solution Stock:
Check out the analysis of Erayak Power Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erayak Power. If investors know Erayak will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erayak Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.55)
Earnings Share
(0.01)
Revenue Per Share
1.695
Quarterly Revenue Growth
0.264
Return On Assets
(0.02)
The market value of Erayak Power Solution is measured differently than its book value, which is the value of Erayak that is recorded on the company's balance sheet. Investors also form their own opinion of Erayak Power's value that differs from its market value or its book value, called intrinsic value, which is Erayak Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erayak Power's market value can be influenced by many factors that don't directly affect Erayak Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erayak Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erayak Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erayak Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.