Array Technologies, Inc. financial data

Symbol
ARRY on Nasdaq
Industry
Miscellaneous Manufacturing Industries
Location
3901 Midway Place Ne, Albuquerque, New Mexico
State of incorporation
Delaware
Fiscal year end
December 31
Former names
ATI Intermediate Holdings, LLC (to 10/13/2020)
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 232 % +31.2%
Quick Ratio 52.5 % -5.34%
Debt-to-equity 429 % -59.2%
Return On Equity 41.6 % -12.7%
Return On Assets 6.3 % +85.2%
Operating Margin 12.9 % +228%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 152M shares +0.66%
Entity Public Float 2.9B USD +86.7%
Common Stock, Value, Issued 151K USD +0.67%
Weighted Average Number of Shares Outstanding, Basic 151M shares +0.49%
Weighted Average Number of Shares Outstanding, Diluted 151M shares -0.29%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.35B USD -21%
Cost of Revenue 980M USD -31.5%
Research and Development Expense 1.9M USD -9.52%
General and Administrative Expense 159M USD +10.9%
Operating Income (Loss) 175M USD +159%
Nonoperating Income (Expense) -32.4M USD -639%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 143M USD +93.6%
Income Tax Expense (Benefit) 32.9M USD +140%
Net Income (Loss) Attributable to Parent 110M USD +82.9%
Earnings Per Share, Basic 0.39 USD/shares +457%
Earnings Per Share, Diluted 0.38 USD/shares +443%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 288M USD +94.7%
Accounts Receivable, after Allowance for Credit Loss, Current 229M USD -44.7%
Inventory, Net 179M USD -29.8%
Assets, Current 774M USD -10.6%
Deferred Income Tax Assets, Net 13.9M USD
Property, Plant and Equipment, Net 26.7M USD +3.19%
Operating Lease, Right-of-Use Asset 22.1M USD +24.3%
Intangible Assets, Net (Excluding Goodwill) 339M USD -10.6%
Goodwill 425M USD -0.64%
Other Assets, Noncurrent 49.7M USD +61.4%
Assets 1.63B USD -9.19%
Accounts Payable, Current 93.4M USD -53.4%
Employee-related Liabilities, Current 15.8M USD +37.3%
Contract with Customer, Liability, Current 86.6M USD -42.8%
Liabilities, Current 284M USD -39.7%
Deferred Income Tax Liabilities, Net 62.9M USD -13.9%
Operating Lease, Liability, Noncurrent 19.5M USD +40.1%
Other Liabilities, Noncurrent 19.3M USD +38.2%
Liabilities 1.03B USD -18.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax 25.6M USD +14.7%
Retained Earnings (Accumulated Deficit) -128M USD +46.9%
Stockholders' Equity Attributable to Parent 231M USD +46.4%
Liabilities and Equity 1.63B USD -9.19%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 47.5M USD +3.68%
Net Cash Provided by (Used in) Financing Activities -4.58M USD +80.7%
Net Cash Provided by (Used in) Investing Activities -2.39M USD +38.6%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 152M shares +0.6%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 38.5M USD +178%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 288M USD +94.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 11.3M USD +41.6%
Deferred Tax Assets, Valuation Allowance 2.36M USD +62.9%
Deferred Tax Assets, Gross 39.2M USD +6.42%
Operating Lease, Liability 25.2M USD +23.6%
Depreciation 3.8M USD +46.2%
Payments to Acquire Property, Plant, and Equipment 2.4M USD -38.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 113M USD +341%
Lessee, Operating Lease, Liability, to be Paid 34.8M USD +51.8%
Property, Plant and Equipment, Gross 48.5M USD +10.3%
Operating Lease, Liability, Current 5.74M USD -11.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6.65M USD +18.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.86M USD -30.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +55.6%
Deferred Income Tax Expense (Benefit) -13K USD -100%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 9.6M USD +280%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.04M USD -30.8%
Deferred Tax Assets, Operating Loss Carryforwards 2.18M USD +115%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 942K USD
Current Income Tax Expense (Benefit) 48.8M USD +120%
Preferred Stock, Shares Authorized 4.5M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.97M USD +84.9%
Operating Lease, Payments 7.91M USD +47%
Additional Paid in Capital 334M USD -21.7%
Current State and Local Tax Expense (Benefit) 5.68M USD +248%
Current Federal Tax Expense (Benefit) 26.6M USD +107%
Amortization of Intangible Assets 50.3M USD -44.2%
Depreciation, Depletion and Amortization 14.5M USD -38.4%
Deferred Tax Assets, Net of Valuation Allowance 36.8M USD +4.11%
Share-based Payment Arrangement, Expense 4M USD +21.2%
Deferred State and Local Income Tax Expense (Benefit) -327K USD +65.9%
Interest Expense 42.4M USD +4.83%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%