Erayak Power Net Income vs. Total Debt
| RAYA Stock | 1.20 0.02 1.69% |
Net Income | First Reported 2019-03-31 | Previous Quarter 371.8 K | Current Value -1.1 M | Quarterly Volatility 446.6 K |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.29 | 0.2431 |
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| Net Profit Margin | 0.057 | 0.06 |
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| Operating Profit Margin | 0.0349 | 0.0367 |
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| Pretax Profit Margin | 0.066 | 0.0695 |
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| Return On Assets | 0.0328 | 0.0345 |
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| Return On Equity | 0.0573 | 0.0603 |
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For Erayak Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Erayak Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Erayak Power Solution utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Erayak Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Erayak Power Solution over time as well as its relative position and ranking within its peers.
Erayak |
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Erayak Power. If investors know Erayak will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Erayak Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Earnings Share (0.01) | Revenue Per Share 1.695 | Quarterly Revenue Growth 0.264 | Return On Assets (0.02) |
The market value of Erayak Power Solution is measured differently than its book value, which is the value of Erayak that is recorded on the company's balance sheet. Investors also form their own opinion of Erayak Power's value that differs from its market value or its book value, called intrinsic value, which is Erayak Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Erayak Power's market value can be influenced by many factors that don't directly affect Erayak Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erayak Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erayak Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erayak Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Erayak Power Solution Total Debt vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Erayak Power's current stock value. Our valuation model uses many indicators to compare Erayak Power value to that of its competitors to determine the firm's financial worth. Erayak Power Solution is rated third in net income category among its peers. It is rated below average in total debt category among its peers making up about 1.78 of Total Debt per Net Income. At present, Erayak Power's Net Income is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Erayak Power's earnings, one of the primary drivers of an investment's value.Erayak Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Erayak Power |
| = | 1.22 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Erayak Power |
| = | 2.17 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Erayak Total Debt vs Competition
Erayak Power Solution is rated below average in total debt category among its peers. Total debt of Industrials industry is at this time estimated at about 7.18 Billion. Erayak Power adds roughly 2.17 Million in total debt claiming only tiny portion of equities under Industrials industry.
Erayak Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Erayak Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Erayak Power will eventually generate negative long term returns. The profitability progress is the general direction of Erayak Power's change in net profit over the period of time. It can combine multiple indicators of Erayak Power, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 368.6 K | 427.3 K | |
| Net Interest Income | -404 K | -424.2 K | |
| Operating Income | 746.8 K | 709.4 K | |
| Net Income From Continuing Ops | 1.2 M | 1.2 M | |
| Income Before Tax | 1.4 M | 2.8 M | |
| Total Other Income Expense Net | 665.2 K | 698.5 K | |
| Net Income Applicable To Common Shares | 3.9 M | 2.4 M | |
| Net Income | 1.2 M | 1.2 M | |
| Income Tax Expense | 193.2 K | 324.9 K | |
| Interest Income | 88.1 K | 45.3 K | |
| Change To Netincome | 731.3 K | 767.9 K | |
| Net Income Per Share | 0.10 | 0.15 | |
| Income Quality | 5.52 | 5.80 | |
| Net Income Per E B T | 0.86 | 0.70 |
Erayak Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Erayak Power. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Erayak Power position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Erayak Power's important profitability drivers and their relationship over time.
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To fully project Erayak Power's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Erayak Power Solution at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Erayak Power's income statement, its balance sheet, and the statement of cash flows.