Erayak Power Solution Group (Erayak Power Solution Group) Total Stockholders Equity : $20.20 Mil (As of Dec. 2023)

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What is Erayak Power Solution Group Total Stockholders Equity?

Erayak Power Solution Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $20.20 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Erayak Power Solution Group's Book Value per Share for the quarter that ended in Dec. 2023 was $1.62. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Erayak Power Solution Group's Debt-to-Equity for the quarter that ended in Dec. 2023 was 0.11.

Erayak Power Solution Group Total Stockholders Equity Historical Data

The historical data trend for Erayak Power Solution Group's Total Stockholders Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Erayak Power Solution Group Total Stockholders Equity Chart

Erayak Power Solution Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Stockholders Equity

0.97

3.38

6.89

19.34

20.20

Erayak Power Solution Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Stockholders Equity	Get a 7-Day Free Trial				6.89	8.68	19.34	19.16	20.20

Erayak Power Solution Group (NAS:RAYA) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Erayak Power Solution Group's Book Value per Share for the quarter that ended in Dec. 2023 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(20.202	-	0)	/	12.45
	=	1.62

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Erayak Power Solution Group's Debt-to-Equity for the quarter that ended in Dec. 2023 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.296	+	1.872)	/	20.202
	=	0.11

Erayak Power Solution Group Total Stockholders Equity Related Terms

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Erayak Power Solution Group (Erayak Power Solution Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Erayak Power Solution Group Inc (NAS:RAYA) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 528, 4th Avenue, Binhai Industrial Park, Zhejiang Province, Wenzhou, CHN, 325025

Website

https://www.erayakpower.com

Erayak Power Solution Group Inc engages in manufacturing, research and development, 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. It derives the majority revenue from three products namely inverters, chargers, and gasoline generators.