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
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 244 % +32.5%
Quick Ratio 53.2 % +3.95%
Debt-to-equity 451 % -44.5%
Return On Equity 29 % -64.8%
Return On Assets 4.16 % -43.4%
Operating Margin 10.8 % +9.35%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 152M shares +0.57%
Entity Public Float 2.9B USD +86.7%
Common Stock, Value, Issued 151K USD 0%
Weighted Average Number of Shares Outstanding, Basic 152M shares +0.58%
Weighted Average Number of Shares Outstanding, Diluted 152M shares +0.05%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.1B USD -38.9%
Cost of Revenue 789M USD -44.1%
Research and Development Expense 1.8M USD -21.7%
General and Administrative Expense 156M USD +0.7%
Operating Income (Loss) 118M USD -33.2%
Nonoperating Income (Expense) -28.8M USD -548%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 89.7M USD -51.2%
Income Tax Expense (Benefit) 19.4M USD -63.8%
Net Income (Loss) Attributable to Parent 70.3M USD -46%
Earnings Per Share, Basic 0.13 USD/shares -75%
Earnings Per Share, Diluted 0.12 USD/shares -76.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 282M USD +81%
Accounts Receivable, after Allowance for Credit Loss, Current 310M USD -38.3%
Inventory, Net 166M USD -19.9%
Assets, Current 849M USD -6.53%
Deferred Income Tax Assets, Net 13.4M USD
Property, Plant and Equipment, Net 26.7M USD -13%
Operating Lease, Right-of-Use Asset 22.1M USD +24.3%
Intangible Assets, Net (Excluding Goodwill) 308M USD -18.1%
Goodwill 403M USD -8.78%
Other Assets, Noncurrent 52.4M USD +58.6%
Assets 1.65B USD -10.9%
Accounts Payable, Current 112M USD -40.4%
Employee-related Liabilities, Current 15.8M USD +37.3%
Contract with Customer, Liability, Current 91M USD -20.8%
Liabilities, Current 338M USD -22.4%
Deferred Income Tax Liabilities, Net 54.5M USD -27.2%
Operating Lease, Liability, Noncurrent 19.5M USD +40.1%
Other Liabilities, Noncurrent 18.6M USD +15.5%
Liabilities 1.07B USD -13.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -18.2M USD -139%
Retained Earnings (Accumulated Deficit) -102M USD +42%
Stockholders' Equity Attributable to Parent 200M USD -16.1%
Liabilities and Equity 1.65B USD -10.9%

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 +0.55%
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 282M USD +81%
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 4.3M USD +65.4%
Payments to Acquire Property, Plant, and Equipment 2.4M USD -38.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 5.89M USD -96.4%
Lessee, Operating Lease, Liability, to be Paid 34.8M USD +51.8%
Property, Plant and Equipment, Gross 49.3M USD -2.05%
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
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%
Additional Paid in Capital 320M USD -23.3%
Amortization of Intangible Assets 49.5M USD -35.6%
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 800K USD -84.6%
Interest Expense 42.4M USD +4.83%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%