Erayak Power Solution Group Inc. Class A Ordinary Shares (RAYA) — Cash Flow Reinvestment Rate

Latest as of December 2023: 0.23x

Erayak Power Solution Group Inc. Class A Ordinary Shares (RAYA) has a Cash Flow Reinvestment Rate of 0.23x as of December 2023, reinvesting $294.68K (capex $294.68K ) from operating cash flow of $1.28 Million. See how much free cash does Erayak Power Solution Group Inc. Class A generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.23x
(Capex + Investments) / Operating CF

Total Reinvested

$294.68K
Capex + Investments

Operating Cash Flow

$1.28 Million
USD

Capital Expenditures

$294.68K
USD

Erayak Power Solution Group Inc. Class A Ordinary Shares Cash Flow Reinvestment Rate (2019–2023)

Historical reinvestment intensity for Erayak Power Solution Group Inc. Class A Ordinary Shares across 3 annual periods. For the full cash flow conversion analysis, see how efficiently does Erayak Power Solution Group Inc. Class A generate cash.

Annual Cash Flow Reinvestment Rate for Erayak Power Solution Group Inc. Class A Ordinary Shares (2019–2023)

Year-by-year capital reinvestment analysis for Erayak Power Solution Group Inc. Class A Ordinary Shares. See how financially flexible is Erayak Power Solution Group Inc. Class A to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2023 0.31x $2.09 Million $6.73 Million $709.90K ▲ +195.0%
2021 0.11x $488.34K $4.64 Million $244.17K ▼ -92.4%
2019 1.39x $740.57K $533.41K $370.28K
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow