Based on the analysis of Erayak Power's profitability, liquidity, and operating efficiency, Erayak Power Solution is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January. At present, Erayak Power's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 15.7 M, whereas Total Assets are forecasted to decline to about 29 M. Key indicators impacting Erayak Power's financial strength include:
The essential information of the day-to-day investment outlook for Erayak Power includes many different criteria found on its balance sheet. An individual investor should monitor Erayak Power's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Erayak Power.
Net Income
1.16 Million
Erayak
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Understanding current and past Erayak Power Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Erayak Power's financial statements are interrelated, with each one affecting the others. For example, an increase in Erayak Power's assets may result in an increase in income on the income statement.
Please note, the presentation of Erayak Power's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Erayak Power's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Erayak Power's management manipulating its earnings.
Comparative valuation techniques use various fundamental indicators to help in determining Erayak Power's current stock value. Our valuation model uses many indicators to compare Erayak Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Erayak Power competition to find correlations between indicators driving Erayak Power's intrinsic value. More Info.
Erayak Power Solution is rated fourth in return on equity category among its peers. It is rated third in return on asset category among its peers . At present, Erayak Power's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Erayak Power's earnings, one of the primary drivers of an investment's value.
Erayak Power Solution Systematic Risk
Erayak Power's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Erayak Power volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Erayak Power Solution correlated with the market. If Beta is less than 0 Erayak Power generally moves in the opposite direction as compared to the market. If Erayak Power Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Erayak Power Solution is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Erayak Power is generally in the same direction as the market. If Beta > 1 Erayak Power moves generally in the same direction as, but more than the movement of the benchmark.
About Erayak Power Financials
What exactly are Erayak Power Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Erayak Power's income statement, its balance sheet, and the statement of cash flows. Potential Erayak Power investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Erayak Power investors may use each financial statement separately, they are all related. The changes in Erayak Power's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Erayak Power's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Today, most investors in Erayak Power Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Erayak Power's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Erayak Power growth as a starting point in their analysis.
Price Earnings To Growth Ratio
(0.16)
At present, Erayak Power's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.
Erayak Power December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Erayak Power help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Erayak Power Solution. We use our internally-developed statistical techniques to arrive at the intrinsic value of Erayak Power Solution based on widely used predictive technical indicators. In general, we focus on analyzing Erayak Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Erayak Power's daily price indicators and compare them against related drivers.
When running Erayak Power's price analysis, check to measure Erayak Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Erayak Power is operating at the current time. Most of Erayak Power's value examination focuses on studying past and present price action to predict the probability of Erayak Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erayak Power's price. Additionally, you may evaluate how the addition of Erayak Power to your portfolios can decrease your overall portfolio volatility.