Erayak Power Solution Group Inc. Class A Ordinary Shares Free Cash Flow Generation Index
Erayak Power Solution Group Inc. Class A Ordinary Shares free cash flow generation index. Erayak Power Solution Group Inc. Class A Ordinary Shares (RAYA) has a Free Cash Flow Generation Index of 0.77x as of December 2023. Free cash flow of $980.34K represents 1% of operating cash flow ($1.28 Million).
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Erayak Power Solution Group Inc. Class A Ordinary Shares (2019–2023)
Free cash flow generation index of Erayak Power Solution Group Inc. Class A Ordinary Shares from 2019 to 2023. Historical FCF Generation Index trend for Erayak Power Solution Group Inc. Class A Ordinary Shares across 3 annual periods. 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.
Erayak Power Solution Group Inc. Class A Ordinary Shares Free Cash Flow Generation Index by Year (2019–2023)
Erayak Power Solution Group Inc. Class A Ordinary Shares free cash flow generation index by year from 2019 to 2023. Year-by-year Free Cash Flow Generation Index for Erayak Power Solution Group Inc. Class A Ordinary Shares. For the full cash flow conversion analysis, see cash efficiency ratio of Erayak Power Solution Group Inc. Class A.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2023 | 0.89x | $6.02 Million | $6.73 Million | $709.90K | ▼ -5.6% |
| 2021 | 0.95x | $4.40 Million | $4.64 Million | $244.17K | ▲ +209.8% |
| 2019 | 0.31x | $163.12K | $533.41K | $370.28K | — |