Array Debt To Equity from 2010 to 2024

ARRY Stock  USD 6.63  0.30  4.74%   
Array Technologies Debt To Equity yearly trend continues to be fairly stable with very little volatility. Debt To Equity is likely to outpace its year average in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
1.11779043
Current Value
1.17
Quarterly Volatility
1.89276252
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Array Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Array Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 52.1 M, Interest Expense of 34.4 M or Selling General Administrative of 151.6 M, as well as many indicators such as Price To Sales Ratio of 1.53, Dividend Yield of 0.007 or PTB Ratio of 4.36. Array financial statements analysis is a perfect complement when working with Array Technologies Valuation or Volatility modules.
  
Check out the analysis of Array Technologies Correlation against competitors.
For more information on how to buy Array Stock please use our How to Invest in Array Technologies guide.

Latest Array Technologies' Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Array Technologies over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Array Technologies' Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Array Technologies' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.25 %10 Years Trend
Very volatile
   Debt To Equity   
       Timeline  

Array Debt To Equity Regression Statistics

Arithmetic Mean0.58
Coefficient Of Variation328.91
Mean Deviation0.82
Median0.59
Standard Deviation1.89
Sample Variance3.58
Range9.5456
R-Value0.08
Mean Square Error3.83
R-Squared0.01
Significance0.77
Slope0.03
Total Sum of Squares50.16

Array Debt To Equity History

2024 1.17
2023 1.12
2022 1.79
2021 4.25
2020 -5.29
2019 0.32

About Array Technologies Financial Statements

Array Technologies investors use historical fundamental indicators, such as Array Technologies' Debt To Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Array Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 1.12  1.17 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Array Stock Analysis

When running Array Technologies' price analysis, check to measure Array Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Array Technologies is operating at the current time. Most of Array Technologies' value examination focuses on studying past and present price action to predict the probability of Array Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Array Technologies' price. Additionally, you may evaluate how the addition of Array Technologies to your portfolios can decrease your overall portfolio volatility.