Erayak Power Solution (RAYA)

Total debt on the balance sheet as of December 2023 : $2.16 Million USD

According to Erayak Power Solution's latest financial reports the company's total debt is $2.16 Million USD. A company’s total debt is the sum of all current and non-current debts.

Erayak Power Solution - Total debt on balance sheet (from 2020 to 2023)

Total debt by year

Year	Total debt	Change
2022-12-31	$10.79 M	3.16%
2021-12-31	$10.46 M	-17.08%
2020-12-31	$12.61 M	46.88%
2019-12-31	$8.59 M

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Erayak Power Solution (RAYA) - Total debt