Erayak Power Solution (RAYA)

Total assets on the balance sheet as of December 2023 : ₹3.01 Billion

According to Erayak Power Solution's latest financial reports the company's total assets are ₹3.01 Billion. 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
2023-12-31	₹2.93 B	-5.6%
2022-12-31	₹3.11 B	78.13%
2021-12-31	₹1.74 B	7.95%
2020-12-31	₹1.61 B	69.06%
2019-12-31	₹0.95 B

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