Name: Erayak Power Solution Group Inc. (RAYA) Balance Sheet
Creator: FinSpry

Erayak Power Solution Group Balance Sheet Analysis

Assets, liabilities, and stockholders equity in millions USD

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Balance sheet showing assets, liabilities, and shareholders' equity for Erayak Power Solution Group Inc. (RAYA) - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Current Assets
Cash and Cash Equivalents	0.53	5.88	7.03	5.17	0.46
Cash & Short-Term Investments	0.53	5.88	7.03	5.17	0.46
Accounts Receivable	13.49	6.42	10.22	1.81	5.24
Inventory	8.84	7.06	6.23	3.90	1.68
Other Current Assets	10.23	0.00	0.00	0.50	0.00
Total Current Assets	33.09	22.10	28.24	13.49	11.95
Non-Current Assets
Property, Plant & Equipment (Net)	8.62	9.26	9.33	9.93	10.16
Long-Term Investments	4.16	3.86	0.00	0.00	0.00
Intangible Assets	0.06	0.03	0.01	0.01	0.01
Other Non-Current Assets	3.75	0.00	0.00	0.00	0.00
Total Non-Current Assets	12.94	13.19	9.37	9.98	0.00
Total Assets	46.03	35.29	37.61	23.47	22.13
Current Liabilities
Accounts Payable	8.34	5.69	4.73	4.15	10.42
Short-Term Debt	0.16	0.23	4.35	5.76	0.00
Current Portion of Long-Term Debt	0.16	0.23	4.35	0.00	0.00
Accrued Liabilities	0.82	3.52	0.79	1.26	0.30
Deferred Revenue	0.63	0.36	0.71	0.54	0.00
Other Current Liabilities	4.33	0.00	0.00	0.00	0.80
Total Current Liabilities	15.53	13.21	18.04	11.87	17.22
Non-Current Liabilities
Long-Term Debt	3.91	1.87	0.22	4.71	1.53
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	3.91	1.87	0.22	4.71	0.00
Total Liabilities	19.45	15.08	18.26	16.58	18.75
Stockholders' Equity
Common Stock	0.01	0.00	0.00	0.00	0.00
Retained Earnings	9.18	10.30	9.08	5.61	2.21
Accumulated Other Comprehensive Income	-1.24	-0.74	-0.38	0.23	0.10
Additional Paid-in Capital	18.64	10.65	10.65	1.06	0.00
Shares Outstanding	0.23	0.06	0.06	0.05	0.00
Total Stockholders' Equity	26.59	20.20	19.34	6.89	3.38
Total Liabilities & Equity	46.03	35.29	37.61	23.47	0.00