Erayak Power Solution (RAYA)

Total assets on the balance sheet as of December 2023 : NZ$57.03 M

According to Erayak Power Solution's latest financial reports the company's total assets are NZ$57.03 M. 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	72.83%
2021-12-31	NZ$34.27 M	11.39%
2020-12-31	NZ$30.76 M	54.61%
2019-12-31	NZ$19.89 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
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