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

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.35 B USD -21%
Cost of Revenue 980 M USD -31.5%
Research and Development Expense 1.9 M USD -9.52%
General and Administrative Expense 159 M USD +10.9%
Operating Income (Loss) 175 M USD +159%
Nonoperating Income (Expense) -32.4 M USD -639%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 143 M USD +93.6%
Income Tax Expense (Benefit) 32.9 M USD +140%
Net Income (Loss) Attributable to Parent 110 M 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 288 M USD +94.7%
Accounts Receivable, after Allowance for Credit Loss, Current 229 M USD -44.7%
Inventory, Net 179 M USD -29.8%
Assets, Current 774 M USD -10.6%
Deferred Income Tax Assets, Net 13.9 M USD
Property, Plant and Equipment, Net 26.7 M USD +3.19%
Operating Lease, Right-of-Use Asset 22.1 M USD +24.3%
Intangible Assets, Net (Excluding Goodwill) 339 M USD -10.6%
Goodwill 425 M USD -0.64%
Other Assets, Noncurrent 49.7 M USD +61.4%
Assets 1.63 B USD -9.19%
Accounts Payable, Current 93.4 M USD -53.4%
Employee-related Liabilities, Current 15.8 M USD +37.3%
Contract with Customer, Liability, Current 86.6 M USD -42.8%
Liabilities, Current 284 M USD -39.7%
Deferred Income Tax Liabilities, Net 62.9 M USD -13.9%
Operating Lease, Liability, Noncurrent 19.5 M USD +40.1%
Other Liabilities, Noncurrent 19.3 M USD +38.2%
Liabilities 1.03 B USD -18.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax 25.6 M USD +14.7%
Retained Earnings (Accumulated Deficit) -128 M USD +46.9%
Stockholders' Equity Attributable to Parent 231 M USD +46.4%
Liabilities and Equity 1.63 B USD -9.19%

Popular Metrics

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