Nipul Patel - Array Technologies Chief Officer

ARRY Stock  USD 7.02  0.39  5.88%   

Insider

Nipul Patel is Chief Officer of Array Technologies
Age 53
Address 3901 Midway Place NE, Albuquerque, NM, United States, 87109
Phone505 881 7567
Webhttps://arraytechinc.com

Nipul Patel Latest Insider Activity

Tracking and analyzing the buying and selling activities of Nipul Patel against Array Technologies stock is an integral part of due diligence when investing in Array Technologies. Nipul Patel insider activity provides valuable insight into whether Array Technologies is net buyers or sellers over its current business cycle. Note, Array Technologies insiders must abide by specific rules, including filing SEC forms every time they buy or sell Array Technologies'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Array Technologies Management Efficiency

The company has return on total asset (ROA) of 0.0389 % which means that it generated a profit of $0.0389 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1754) %, meaning that it created substantial loss on money invested by shareholders. Array Technologies' management efficiency ratios could be used to measure how well Array Technologies manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.16 in 2024. Return On Capital Employed is likely to rise to 0.16 in 2024. At this time, Array Technologies' Non Currrent Assets Other are fairly stable compared to the past year. Net Tangible Assets is likely to rise to about 511.8 M in 2024, whereas Total Assets are likely to drop slightly above 1.6 B in 2024.
Array Technologies currently holds 707.64 M in liabilities with Debt to Equity (D/E) ratio of 2.25, implying the company greatly relies on financing operations through barrowing. Array Technologies has a current ratio of 1.67, which is within standard range for the sector. Note, when we think about Array Technologies' use of debt, we should always consider it together with its cash and equity.

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Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. The company was founded in 1989 and is headquartered in Albuquerque, New Mexico. Array Technologies operates under Solar classification in the United States and is traded on NASDAQ Exchange. It employs 1118 people. Array Technologies (ARRY) is traded on NASDAQ Exchange in USA. It is located in 3901 Midway Place NE, Albuquerque, NM, United States, 87109 and employs 961 people. Array Technologies is listed under Electrical Components & Equipment category by Fama And French industry classification.

Management Performance

Array Technologies Leadership Team

Elected by the shareholders, the Array Technologies' board of directors comprises two types of representatives: Array Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Array. The board's role is to monitor Array Technologies' management team and ensure that shareholders' interests are well served. Array Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Array Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Kevin Hostetler, CEO Director
Aaron Gabelnick, Chief Officer
Jessica LawrenceVaca, policy President
Erica Brinker, Social Environmental
Thierry MarinMartinod, Chief Officer
Neil Manning, Chief Officer
Nipul Patel, Chief Officer
James Zhu, Chief Officer
Cody Mueller, Vice Relations
Terrance Collins, Chief Officer
Kurt Wood, Strategic Advisor
Tyson Hottinger, Chief Counsel
Travis Rose, Chief Officer

Array Stock Performance Indicators

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