Erayak Power Solution (RAYA)

Total debt on the balance sheet as of December 2023 : C$3 Million

According to Erayak Power Solution's latest financial reports the company's total debt is C$3 Million. 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
2023-12-31	C$2.87 M	-80.37%
2022-12-31	C$14.64 M	9.84%
2021-12-31	C$13.33 M	-17.12%
2020-12-31	C$16.08 M	43.4%
2019-12-31	C$11.22 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 debt