Erayak Power Solution Group Current Ratio Growth & History (RAYA)
Erayak Power Solution Group's current ratio was 2.09 for fiscal 2025.
View full Erayak Power Solution Group company overviewErayak Power Solution Group annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.09 | −0.04 | −2.00% |
| 2024 | 2024-12-31 | 2.13 | 0.46 | +27.35% |
| 2023 | 2023-12-31 | 1.67 | 0.11 | +6.89% |
| 2022 | 2022-12-31 | 1.56 | 0.43 | +37.63% |
| 2021 | 2021-12-31 | 1.14 | — | — |
Erayak Power Solution Group quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 2.09 | −0.04 | −2.00% |
| Q2 2025 | 2025-06-30 | 2.14 | 0.05 | +2.24% |
| Q4 2024 | 2024-12-31 | 2.13 | 0.46 | +27.35% |
| Q2 2024 | 2024-06-30 | 2.10 | 0.64 | +43.87% |
| Q4 2023 | 2023-12-31 | 1.67 | 0.11 | +6.89% |
| Q2 2023 | 2023-06-30 | 1.46 | — | — |
| Q4 2022 | 2022-12-31 | 1.56 | 0.43 | +37.63% |
| Q4 2021 | 2021-12-31 | 1.14 | — | — |
Erayak Power Solution Group current ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Erayak Power Solution Group's current ratio increased from 1.14 to 2.09, a change of 0.95. The latest reported quarter, Q4 2025, shows 2.09.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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