Array Technologies, Inc. financial data

Symbol
ARRY on Nasdaq
Industry
Miscellaneous Manufacturing Industries
Location
3901 Midway Place Ne, Albuquerque, NM
State of incorporation
DE
Fiscal year end
December 31
Former names
ATI Intermediate Holdings, LLC (to 10/13/2020)
Latest financial report
10-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 252 % +28.7%
Quick Ratio 52.7 % +2.53%
Debt-to-equity 571 % -13.7%
Return On Equity -49.9 % -183%
Return On Assets -5.75 % -191%
Operating Margin -5.54 % -145%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 152M shares +0.48%
Entity Public Float 2.9B USD +86.7%
Common Stock, Value, Issued 151K USD 0%
Weighted Average Number of Shares Outstanding, Basic 152M shares +0.57%
Weighted Average Number of Shares Outstanding, Diluted 152M shares -0.26%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 982M USD -40%
Cost of Revenue 679M USD -45.1%
Research and Development Expense 1.6M USD -20%
General and Administrative Expense 159M USD +3.31%
Operating Income (Loss) -54.4M USD -127%
Nonoperating Income (Expense) -23.7M USD +35.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -78.2M USD -148%
Income Tax Expense (Benefit) 16M USD -68.5%
Net Income (Loss) Attributable to Parent -94.1M USD -184%
Earnings Per Share, Basic -0.96 USD/shares -340%
Earnings Per Share, Diluted -0.97 USD/shares -343%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 332M USD +91%
Accounts Receivable, after Allowance for Credit Loss, Current 282M USD -34%
Inventory, Net 196M USD -9.41%
Assets, Current 902M USD +4.54%
Deferred Income Tax Assets, Net 15.7M USD
Property, Plant and Equipment, Net 27.6M USD -6.41%
Operating Lease, Right-of-Use Asset 22.1M USD +24.3%
Intangible Assets, Net (Excluding Goodwill) 302M USD -14.8%
Goodwill 251M USD -41.2%
Other Assets, Noncurrent 65M USD +56.4%
Assets 1.56B USD -12.1%
Accounts Payable, Current 149M USD -13.1%
Employee-related Liabilities, Current 15.8M USD +37.3%
Contract with Customer, Liability, Current 113M USD +11.8%
Liabilities, Current 375M USD -6.4%
Deferred Income Tax Liabilities, Net 55.3M USD -21%
Operating Lease, Liability, Noncurrent 19.5M USD +40.1%
Other Liabilities, Noncurrent 16.9M USD -22.6%
Liabilities 1.11B USD -4.85%
Accumulated Other Comprehensive Income (Loss), Net of Tax -290K USD -101%
Retained Earnings (Accumulated Deficit) -244M USD -59%
Stockholders' Equity Attributable to Parent 64.5M USD -71.9%
Liabilities and Equity 1.56B USD -12.1%

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 +0.57%
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 332M USD +91%
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 4.9M USD +88.5%
Payments to Acquire Property, Plant, and Equipment 2.4M USD -38.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -118M USD -176%
Lessee, Operating Lease, Liability, to be Paid 34.8M USD +51.8%
Property, Plant and Equipment, Gross 51.6M USD +2.48%
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 308M USD -24.4%
Amortization of Intangible Assets 48.6M USD -25.3%
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 2M USD -41.2%
Interest Expense 42.4M USD +4.83%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%