Erayak Power Solution (RAYA)

Total assets on the balance sheet as of December 2023 : NZ$60.4 Million

According to Erayak Power Solution's latest financial reports the company's total assets are NZ$60.4 Million. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

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

Total assets by year

Year	Total assets	Change
2022-12-31	NZ$59.23 M	72.37%
2021-12-31	NZ$34.36 M	12.05%
2020-12-31	NZ$30.66 M	53.86%
2019-12-31	NZ$19.93 M

What is the market capitalization of a company?

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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 assets