Erayak Power Solution (RAYA)

Total debt on the balance sheet as of December 2023 : ₹0.18 Billion

According to Erayak Power Solution's latest financial reports the company's total debt is ₹0.18 Billion. 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	₹0.18 B	-79.8%
2022-12-31	₹0.89 B	14.69%
2021-12-31	₹0.77 B	-15.61%
2020-12-31	₹0.92 B	50.64%
2019-12-31	₹0.61 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 debt