Erayak Power Solution (RAYA)

Total debt on the balance sheet as of December 2023 : S$2.93 Million

According to Erayak Power Solution's latest financial reports the company's total debt is S$2.93 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
2022-12-31	S$14.47 M	2.3%
2021-12-31	S$14.14 M	-15.26%
2020-12-31	S$16.69 M	44.13%
2019-12-31	S$11.58 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