Erayak Power Solution Group Inc. (RAYA) quarterly balance sheet — complete assets, liabilities & equity history
| Total Current Assets | 43.36M | 35.9M | 33.09M | 29.42M | 22.1M | 22.09M | 28.24M | 16.19M | 13.49M | 11.84M | 11.95M | 2.99M |
| Cash & Short-Term Investments | 4.72M | 422.38K | 532.61K | 1.1M | 5.88M | 5.77M | 7.03M | 6.5M | 5.17M | 4.16M | 460.52K | 115.13K |
| Cash Only | 184.86K | 422.38K | 532.61K | 1.1M | 5.88M | 5.77M | 7.03M | 6.5M | 5.17M | 4.16M | 460.52K | 115.13K |
| Short-Term Investments | 4.54M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 16.93M | 13.64M | 13.49M | 10.53M | 6.42M | 6.04M | 10.22M | 4.9M | 1.81M | 3.88M | 5.06M | 1.31M |
| Days Sales Outstanding | 98.9 | 141.61 | 59.69 | 64.76 | 52.28 | 78.84 | 44.73 | 26.68 | 24.44 | 50.89 | 36.34 | 48.5 |
| Inventory | 9.73M | 18.02M | 8.84M | 9.6M | 7.06M | 6.85M | 6.23M | 3.93M | 3.9M | 2.99M | 1.68M | 420.65K |
| Days Inventory Outstanding | 109.19 | 172.52 | 53.23 | 69.93 | 73.12 | 89.27 | 36.62 | 46.99 | 42.42 | 38.51 | 17.47 | 27.77 |
| Other Current Assets | 4.5M | 3.82M | 792.2K | 8.18M | 1.06K | 3.42M | 34.73K | 275.49K | 2.11M | 0 | 4.75M | 1.14M |
| Total Non-Current Assets | 16.08M | 13.29M | 12.94M | 12.99M | 13.19M | 12.67M | 9.37M | 9.36M | 9.98M | 10.06M | 10.18M | 2.54M |
| Property, Plant & Equipment | 13.13M | 10.17M | 8.62M | 9.15M | 9.26M | 8.85M | 9.33M | 9.31M | 9.93M | 10.05M | 10.16M | 2.54M |
| Fixed Asset Turnover | 1.21x | 0.93x | 2.07x | 1.30x | 1.20x | 1.04x | 1.66x | 1.19x | 1.06x | 0.79x | 1.26x | 2.47x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.68M | 2.6M | 61.97K | 40.39K | 31.85K | 7.76K | 8.81K | 9.74K | 11.09K | 11.65K | 12.06K | 3.02K |
| Long-Term Investments | 193.45K | 418.78K | 411K | 3.77M | 3.86M | 3.78M | 9.34M | 9.32M | 9.94M | -5.17K | -5.12K | 0 |
| Other Non-Current Assets | 0 | 0 | 3.75M | 0 | 0 | 0 | -9.34M | -9.32M | -9.94M | 5.17K | 5.12K | 0 |
| Total Assets | 59.45M | 49.2M | 46.03M | 42.41M | 35.29M | 34.76M | 37.61M | 25.54M | 23.47M | 21.9M | 22.13M | 5.53M |
| Asset Turnover | 0.26x | 0.18x | 0.42x | 0.31x | 0.31x | 0.26x | 0.49x | 0.47x | 0.47x | 0.36x | 0.58x | 1.38x |
| Asset Growth % | 29.14% | 16.01% | 30.46% | 22% | -6.17% | 36.08% | 60.22% | 16.66% | 6.07% | 295.84% | - | 64.84% |
| Total Current Liabilities | 20.77M | 16.75M | 15.53M | 14.03M | 13.21M | 15.16M | 18.04M | 16.65M | 11.87M | 10.88M | 17.22M | 4.3M |
| Accounts Payable | 6.23M | 5.6M | 8.34M | 7.96M | 5.69M | 3.98M | 4.73M | 3.75M | 4.15M | 3.36M | 3.21M | 803.55K |
| Days Payables Outstanding | 46.54 | 89.5 | 47.03 | 57.28 | 50.81 | 59.42 | 30.56 | 47.39 | 46.22 | 54.15 | 33.38 | 56.38 |
| Short-Term Debt | 9.07M | 5.12M | 1.22M | 1.24M | 295.81K | 9.39M | 10.58M | 10.46M | 5.76M | 4.92M | 11.09M | 0 |
| Deferred Revenue (Current) | 1.57M | 1.3M | 628.07K | 901.8K | 357.38K | 364.84K | 711.01K | 685.19K | 542.01K | 843.64K | 802.66K | 200.66K |
| Other Current Liabilities | 0 | 3.57M | 0 | 3.35M | 3.35M | 959.99K | 1.24M | 1.68M | 792.12K | 2.15M | -4.58M | 3.3M |
| Current Ratio | 2.09x | 2.14x | 2.13x | 2.10x | 1.67x | 1.46x | 1.56x | 0.97x | 1.14x | 1.09x | 0.69x | 0.69x |
| Quick Ratio | 1.62x | 1.07x | 1.56x | 1.41x | 1.14x | 1.01x | 1.22x | 0.74x | 0.81x | 0.81x | 0.60x | 0.60x |
| Cash Conversion Cycle | 161.55 | 224.64 | 65.89 | 77.41 | 74.58 | 108.69 | 50.79 | 26.27 | 20.64 | 35.25 | 20.44 | 19.89 |
| Total Non-Current Liabilities | 3.41M | 6.05M | 3.91M | 1.71M | 1.87M | 442.96K | 217.52K | 211.86K | 4.71M | 6.2M | 1.53M | 383.14K |
| Long-Term Debt | 3.41M | 6.05M | 3.91M | 1.71M | 1.87M | 442.96K | 217.52K | 211.86K | 4.71M | 6.2M | 1.53M | 383.14K |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 24.18M | 22.8M | 19.45M | 15.74M | 15.08M | 15.6M | 18.26M | 16.87M | 16.58M | 17.07M | 18.75M | 4.69M |
| Total Debt | 12.48M | 11.17M | 5.13M | 2.95M | 2.17M | 9.84M | 10.79M | 10.05M | 10.46M | 10.11M | 12.62M | 3.15M |
| Net Debt | 12.3M | 10.75M | 4.6M | 1.85M | -3.71M | 4.06M | 3.76M | 3.56M | 5.29M | 5.96M | 12.16M | 3.04M |
| Debt / Equity | 0.35x | 0.42x | 0.19x | 0.11x | 0.11x | 0.51x | 0.56x | 1.16x | 1.52x | 2.10x | 3.74x | 3.74x |
| Debt / EBITDA | - | - | - | - | 7.55x | 11.61x | 6.78x | 3.66x | 4.86x | 6.54x | 7.20x | 4.48x |
| Net Debt / EBITDA | - | - | - | - | -12.92x | 4.79x | 2.36x | 1.30x | 2.46x | 3.85x | 6.94x | 4.31x |
| Interest Coverage | -5.09x | -4.41x | -1.12x | -13.33x | 0.18x | 3.32x | - | - | 9.05x | 6.39x | 12.73x | 4.86x |
| Total Equity | 35.27M | 26.4M | 26.59M | 26.67M | 20.2M | 19.16M | 19.34M | 8.68M | 6.89M | 4.82M | 3.38M | 844.09K |
| Equity Growth % | 32.65% | -1.01% | 31.6% | 39.18% | 4.44% | 120.78% | 180.58% | 79.93% | 104.19% | 471.42% | - | 248.27% |
| Book Value per Share | 394.05 | 114.80 | 167.07 | 1.79 | 1.68 | 1.60 | 2.08 | 0.96 | 0.57 | 0.40 | 0.28 | 0.07 |
| Total Shareholders' Equity | 35.27M | 26.4M | 26.59M | 26.67M | 20.2M | 19.16M | 19.34M | 8.68M | 6.89M | 4.82M | 3.38M | 844.09K |
| Common Stock | 19.69K | 5.06K | 5.06K | 2.8K | 1.2K | 1.2K | 1.2K | 900 | 900 | 0 | 0 | 0 |
| Retained Earnings | 6.55M | 7.54M | 8.06M | 8.13M | 9.19M | 8.64M | 8.16M | 7.23M | 5.04M | 3.4M | 1.99M | 497.25K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 858.98K | 207.76K | -121.79K | -107.89K | 368.55K | -126.16K | 532.97K | 389.01K | 795.62K | 365.62K | 326.89K | -138.01K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |