Erayak Power Solution Group annual debt-to-assets ratio
2021
2022
2023
2024
2025
Erayak Power Solution Group Debt-to-Assets Ratio Growth & History (RAYA)
Erayak Power Solution Group's debt-to-assets ratio was 0.21 for fiscal 2025.
View full Erayak Power Solution Group company overviewErayak Power Solution Group annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.21 | 0.10 | +88.38% |
| 2024 | 2024-12-31 | 0.11 | 0.05 | +81.45% |
| 2023 | 2023-12-31 | 0.06 | −0.23 | −78.60% |
| 2022 | 2022-12-31 | 0.29 | −0.16 | −35.62% |
| 2021 | 2021-12-31 | 0.45 | — | — |
Erayak Power Solution Group quarterly debt-to-assets ratio
Q4.21
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.21 | 0.10 | +88.38% |
| Q2 2025 | 2025-06-30 | 0.23 | 0.16 | +226.13% |
| Q4 2024 | 2024-12-31 | 0.11 | 0.05 | +81.45% |
| Q2 2024 | 2024-06-30 | 0.07 | −0.09 | −55.26% |
| Q4 2023 | 2023-12-31 | 0.06 | −0.23 | −78.60% |
| Q2 2023 | 2023-06-30 | 0.16 | — | — |
| Q4 2022 | 2022-12-31 | 0.29 | −0.16 | −35.62% |
| Q4 2021 | 2021-12-31 | 0.45 | — | — |
Erayak Power Solution Group debt-to-assets ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Erayak Power Solution Group's debt-to-assets ratio decreased from 0.45 to 0.21, a change of −0.24. The latest reported quarter, Q4 2025, shows 0.21.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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