Erayak Power Solution Group Inc. Class A Ordinary Shares (RAYA) — 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). Explore RAYA capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Erayak Power Solution Group Inc. Class A Ordinary Shares Free Cash Flow Generation Index (2019–2023)
Historical FCF Generation Index trend for Erayak Power Solution Group Inc. Class A Ordinary Shares across 3 annual periods. For the full cash flow conversion analysis, see Erayak Power Solution Group Inc. Class A (RAYA) cash conversion ratio.
Annual Free Cash Flow Generation for Erayak Power Solution Group Inc. Class A Ordinary Shares (2019–2023)
Year-by-year Free Cash Flow Generation Index for Erayak Power Solution Group Inc. Class A Ordinary Shares. Check Erayak Power Solution Group Inc. Class A investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |