Array Net Debt from 2010 to 2024

ARRY Stock  USD 6.66  0.36  5.13%   
Array Technologies Net Debt yearly trend continues to be fairly stable with very little volatility. Net Debt is likely to outpace its year average in 2024. Net Debt is the total debt of Array Technologies minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2002-06-30
Previous Quarter
398.4 M
Current Value
344 M
Quarterly Volatility
B
 
Housing Crash
 
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' Net Debt Growth Pattern

Below is the plot of the Net Debt of Array Technologies over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Array Technologies' Net Debt 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.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Array Net Debt Regression Statistics

Arithmetic Mean(2,197,643,137)
Geometric Mean154,554,393
Coefficient Of Variation(417.90)
Mean Deviation4,425,070,915
Median51,589,000
Standard Deviation9,184,012,210
Sample Variance84346080.3T
Range36B
R-Value0.45
Mean Square Error72518971.6T
R-Squared0.20
Significance0.09
Slope922,145,195
Total Sum of Squares1180845123.9T

Array Net Debt History

2024481.5 M
2023458.6 M
2022635.7 M
2021353.6 M
2020319.8 M
2019-212.5 M
2018114.2 M

Other Fundumenentals of Array Technologies

Array Technologies Net Debt component correlations

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-1.0-0.96-1.0-1.0-1.0-1.0-0.99-0.030.210.060.250.090.230.150.19-0.140.180.060.160.180.18-0.110.18
0.97-0.960.970.970.970.970.980.01-0.110.14-0.10.10.020.10.06-0.030.040.10.060.060.06-0.080.07
1.0-1.00.971.01.01.01.00.03-0.19-0.03-0.23-0.07-0.19-0.13-0.150.11-0.15-0.04-0.13-0.15-0.140.09-0.15
1.0-1.00.971.01.01.01.00.02-0.2-0.03-0.24-0.07-0.19-0.12-0.150.11-0.14-0.04-0.13-0.14-0.140.09-0.15
1.0-1.00.971.01.01.01.00.03-0.19-0.03-0.23-0.07-0.19-0.12-0.150.11-0.14-0.04-0.13-0.14-0.140.09-0.14
1.0-1.00.971.01.01.01.00.03-0.2-0.04-0.23-0.07-0.2-0.12-0.150.11-0.15-0.04-0.13-0.14-0.140.09-0.14
1.0-0.990.981.01.01.01.00.06-0.130.03-0.18-0.03-0.12-0.07-0.090.09-0.090.0-0.08-0.09-0.090.06-0.09
0.03-0.030.010.030.020.030.030.060.780.270.58-0.020.12-0.15-0.230.56-0.19-0.18-0.18-0.17-0.170.11-0.17
-0.190.21-0.11-0.19-0.2-0.19-0.2-0.130.780.630.60.110.590.190.250.070.210.030.20.220.230.00.23
-0.030.060.14-0.03-0.03-0.03-0.040.030.270.630.390.390.830.590.67-0.480.630.220.590.640.64-0.490.66
-0.230.25-0.1-0.23-0.24-0.23-0.23-0.180.580.60.390.640.520.580.370.160.290.410.390.410.39-0.520.46
-0.060.090.1-0.07-0.07-0.07-0.07-0.03-0.020.110.390.640.450.920.61-0.020.380.890.60.610.58-0.720.69
-0.190.230.02-0.19-0.19-0.19-0.2-0.120.120.590.830.520.450.710.89-0.620.880.350.840.880.88-0.460.88
-0.110.150.1-0.13-0.12-0.12-0.12-0.07-0.150.190.590.580.920.710.83-0.390.630.820.770.80.78-0.770.87
-0.140.190.06-0.15-0.15-0.15-0.15-0.09-0.230.250.670.370.610.890.83-0.690.910.620.960.970.97-0.480.97
0.11-0.14-0.030.110.110.110.110.090.560.07-0.480.16-0.02-0.62-0.39-0.69-0.72-0.03-0.58-0.63-0.630.33-0.6
-0.140.180.04-0.15-0.14-0.14-0.15-0.09-0.190.210.630.290.380.880.630.91-0.720.310.940.960.96-0.420.93
-0.030.060.1-0.04-0.04-0.04-0.040.0-0.180.030.220.410.890.350.820.62-0.030.310.590.550.54-0.380.61
-0.130.160.06-0.13-0.13-0.13-0.13-0.08-0.180.20.590.390.60.840.770.96-0.580.940.590.990.99-0.430.97
-0.140.180.06-0.15-0.14-0.14-0.14-0.09-0.170.220.640.410.610.880.80.97-0.630.960.550.991.0-0.510.99
-0.140.180.06-0.14-0.14-0.14-0.14-0.09-0.170.230.640.390.580.880.780.97-0.630.960.540.991.0-0.470.98
0.09-0.11-0.080.090.090.090.090.060.110.0-0.49-0.52-0.72-0.46-0.77-0.480.33-0.42-0.38-0.43-0.51-0.47-0.59
-0.140.180.07-0.15-0.15-0.14-0.14-0.09-0.170.230.660.460.690.880.870.97-0.60.930.610.970.990.98-0.59
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About Array Technologies Financial Statements

Array Technologies investors use historical fundamental indicators, such as Array Technologies' Net Debt, 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
Net Debt458.6 M481.5 M
Net Debt To EBITDA 1.66  1.58 

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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.