Array Historical Balance Sheet

ARRY Stock  USD 7.12  0.30  4.40%   
Trend analysis of Array Technologies balance sheet accounts such as Total Current Liabilities of 415.9 M, Net Debt of 346.1 M or Cash of 344.8 M provides information on Array Technologies' total assets, liabilities, and equity, which is the actual value of Array Technologies to its prevalent stockholders. By breaking down trends over time using Array Technologies balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Array Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Array Technologies is a good buy for the upcoming year.

Array Technologies Inventory

190.78 Million

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Array Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Array Stock please use our How to Invest in Array Technologies guide.

About Array Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Array Technologies at a specified time, usually calculated after every quarter, six months, or one year. Array Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Array Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Array currently owns. An asset can also be divided into two categories, current and non-current.

Array Technologies Balance Sheet Chart

At this time, Array Technologies' Intangible Assets are fairly stable compared to the past year.

Total Assets

Total assets refers to the total amount of Array Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Array Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Array Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Array Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most accounts from Array Technologies' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Array Technologies current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Array Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Array Stock please use our How to Invest in Array Technologies guide.At this time, Array Technologies' Intangible Assets are fairly stable compared to the past year.
 2022 2023 2024 2025 (projected)
Total Current Liabilities465.3M335.7M437.8M415.9M
Total Assets1.7B1.7B1.4B1.4B

Array Technologies balance sheet Correlations

1.0-1.01.00.971.01.01.01.01.01.01.01.01.01.01.01.01.0-1.01.00.830.981.0-0.02-0.2-0.02
1.0-1.01.00.981.01.01.01.01.01.01.01.01.01.01.01.01.0-1.01.00.830.981.0-0.01-0.170.0
-1.0-1.0-1.0-0.96-1.0-1.0-1.0-1.0-1.0-1.0-1.0-1.0-0.99-1.0-1.0-1.0-0.991.0-1.0-0.8-0.98-1.00.010.210.05
1.01.0-1.00.971.01.01.01.01.01.01.01.00.991.01.01.00.99-1.01.00.820.981.0-0.02-0.2-0.03
0.970.98-0.960.970.970.970.970.970.970.970.970.970.990.970.970.970.99-0.960.970.930.990.96-0.06-0.110.13
1.01.0-1.01.00.971.01.01.01.01.01.01.00.991.01.01.00.99-1.01.00.820.981.0-0.02-0.21-0.04
1.01.0-1.01.00.971.01.01.01.01.01.01.00.991.01.01.01.0-1.01.00.820.981.0-0.02-0.2-0.03
1.01.0-1.01.00.971.01.01.01.01.01.01.01.01.01.01.01.0-1.01.00.830.981.0-0.03-0.19-0.02
1.01.0-1.01.00.971.01.01.01.01.01.01.00.991.01.01.01.0-1.01.00.820.981.0-0.03-0.2-0.03
1.01.0-1.01.00.971.01.01.01.01.01.01.00.991.01.01.00.99-1.01.00.820.981.0-0.02-0.21-0.04
1.01.0-1.01.00.971.01.01.01.01.01.01.01.01.01.01.01.0-1.01.00.830.981.0-0.02-0.2-0.03
1.01.0-1.01.00.971.01.01.01.01.01.01.01.01.01.01.01.0-1.01.00.830.981.0-0.02-0.2-0.02
1.01.0-1.01.00.971.01.01.01.01.01.01.00.991.01.01.00.99-1.01.00.820.981.0-0.02-0.21-0.04
1.01.0-0.990.990.990.990.991.00.990.991.01.00.990.990.990.991.0-0.990.990.870.990.99-0.06-0.180.04
1.01.0-1.01.00.971.01.01.01.01.01.01.01.00.991.01.00.99-1.01.00.820.981.0-0.03-0.21-0.04
1.01.0-1.01.00.971.01.01.01.01.01.01.01.00.991.01.00.99-1.01.00.820.981.0-0.02-0.21-0.03
1.01.0-1.01.00.971.01.01.01.01.01.01.01.00.991.01.00.99-1.01.00.820.981.0-0.02-0.21-0.04
1.01.0-0.990.990.990.991.01.01.00.991.01.00.991.00.990.990.99-0.990.990.860.990.99-0.01-0.130.04
-1.0-1.01.0-1.0-0.96-1.0-1.0-1.0-1.0-1.0-1.0-1.0-1.0-0.99-1.0-1.0-1.0-0.99-1.0-0.81-0.98-1.00.030.220.04
1.01.0-1.01.00.971.01.01.01.01.01.01.01.00.991.01.01.00.99-1.00.820.981.0-0.02-0.21-0.03
0.830.83-0.80.820.930.820.820.830.820.820.830.830.820.870.820.820.820.86-0.810.820.890.81-0.21-0.060.3
0.980.98-0.980.980.990.980.980.980.980.980.980.980.980.990.980.980.980.99-0.980.980.890.97-0.03-0.150.05
1.01.0-1.01.00.961.01.01.01.01.01.01.01.00.991.01.01.00.99-1.01.00.810.97-0.03-0.22-0.05
-0.02-0.010.01-0.02-0.06-0.02-0.02-0.03-0.03-0.02-0.02-0.02-0.02-0.06-0.03-0.02-0.02-0.010.03-0.02-0.21-0.03-0.030.49-0.14
-0.2-0.170.21-0.2-0.11-0.21-0.2-0.19-0.2-0.21-0.2-0.2-0.21-0.18-0.21-0.21-0.21-0.130.22-0.21-0.06-0.15-0.220.490.68
-0.020.00.05-0.030.13-0.04-0.03-0.02-0.03-0.04-0.03-0.02-0.040.04-0.04-0.03-0.040.040.04-0.030.30.05-0.05-0.140.68
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Array Technologies Account Relationship Matchups

Array Technologies balance sheet Accounts

202020212022202320242025 (projected)
Total Assets656.0M1.1B1.7B1.7B1.4B1.4B
Total Current Liabilities289.1M245.3M465.3M335.7M437.8M415.9M
Net Debt319.8M353.6M635.7M458.6M329.6M346.1M
Cash108.4M367.7M133.9M249.1M363.0M344.8M
Net Receivables135.9M245.1M424.7M332.2M275.8M456.8M
Liabilities And Stockholders Equity656.0M1.1B1.7B1.7B1.4B1.4B
Inventory118.5M205.7M233.2M162.0M200.8M190.8M
Total Liab736.9M974.7M1.3B1.1B1.1B1.1B
Property Plant And Equipment Gross9.8M21.9M23.2M54.0M51.0M48.4M
Total Current Assets375.2M852.0M831.2M832.3M998.7M948.8M
Non Current Assets Total280.8M290.9M874.8M874.5M427.3M405.9M
Short Long Term Debt Total428.3M721.3M769.6M707.6M692.6M657.9M
Other Current Liab41.2M43.5M59.8M74.4M115.0M109.2M
Total Stockholder Equity(80.9M)168.3M423.9M610.5M288.8M274.4M
Property Plant And Equipment Net9.8M10.7M23.2M54.0M26.2M24.9M
Accounts Payable85.0M92.0M170.4M119.5M172.4M163.7M
Cash And Short Term Investments108.4M367.7M133.9M249.1M363.0M344.8M
Non Current Liabilities Total447.8M729.4M816.9M760.5M699.4M1.2B
Other Current Assets12.4M33.6M39.4M89.1M159.1M249.4M
Other Stockholder Equity140.5M202.6M383.2M344.5M(118.1M)(112.2M)
Common Stock127K135K150K151K173.7K165.0K
Current Deferred Revenue149.8M99.6M178.9M66.5M119.8M76.6M
Short Term Debt4.3M10.2M49.2M69.5M30.7M34.6M
Net Tangible Assets11.9M(348.9M)(313.7M)423.9M487.4M511.8M
Net Invested Capital347.3M646.2M883.3M941.7M559.2M570.5M
Short Long Term Debt4.3M4.3M38.7M21.5M30.7M29.3M
Non Current Liabilities Other10.7M18.4M24.0M32.7M31.4M22.6M
Net Working Capital86.1M606.7M365.9M496.6M560.9M343.3M
Intangible Assets198.3M174.8M386.4M350.4M181.4M277.1M
Property Plant Equipment10.7M9.8M21.9M23.2M26.7M16.8M

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