Erayak Short Long Term Debt Total from 2010 to 2024

RAYA Stock   1.20  0.02  1.69%   
Erayak Power's Short and Long Term Debt Total is decreasing over the years with slightly volatile fluctuation. Short and Long Term Debt Total is expected to dwindle to about 2.1 M. From 2010 to 2024 Erayak Power Short and Long Term Debt Total quarterly data regression line had arithmetic mean of  8,267,497 and r-squared of  0.1. View All Fundamentals
 
Short and Long Term Debt Total  
First Reported
2019-03-31
Previous Quarter
2.2 M
Current Value
M
Quarterly Volatility
4.1 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 947.8 K or Interest Expense of 387 K, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0 or PTB Ratio of 0.62. 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 Short Long Term Debt Total Growth Pattern

Below is the plot of the Short Long Term Debt Total of Erayak Power Solution over the last few years. It is Erayak Power's Short and Long Term Debt 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.
Short Long Term Debt Total10 Years Trend
Slightly volatile
   Short Long Term Debt Total   
       Timeline  

Erayak Short Long Term Debt Total Regression Statistics

Arithmetic Mean8,267,497
Geometric Mean7,520,729
Coefficient Of Variation33.43
Mean Deviation1,641,142
Median8,590,932
Standard Deviation2,763,837
Sample Variance7.6T
Range10.6M
R-Value(0.31)
Mean Square Error7.4T
R-Squared0.1
Significance0.26
Slope(191,690)
Total Sum of Squares106.9T

Erayak Short Long Term Debt Total History

20242.1 M
20232.2 M
202210.8 M
202110.5 M
202012.6 M

About Erayak Power Financial Statements

Erayak Power stakeholders use historical fundamental indicators, such as Erayak Power's Short Long Term Debt 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
Short and Long Term Debt Total2.2 M2.1 M

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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.
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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.