Array Technologies Debt to Equity Ratio 2019-2023 | ARRY
Current and historical debt to equity ratio values for Array Technologies (ARRY) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Array Technologies debt/equity for the three months ending December 31, 2023 was 2.55.
| Array Technologies Debt/Equity Ratio Historical Data |
| Date |
Long Term Debt |
Shareholder's Equity |
Debt to Equity Ratio |
| 2023-12-31 |
$1.45B |
$0.26B |
5.58 |
| 2023-09-30 |
$1.50B |
$0.28B |
5.39 |
| 2023-06-30 |
$1.57B |
$0.29B |
5.45 |
| 2023-03-31 |
$1.59B |
$0.21B |
7.65 |
| 2022-12-31 |
$1.58B |
$0.12B |
12.73 |
| 2022-09-30 |
$1.62B |
$0.06B |
26.21 |
| 2022-06-30 |
$1.71B |
$0.06B |
26.73 |
| 2022-03-31 |
$1.61B |
$0.11B |
14.83 |
| 2021-12-31 |
$1.21B |
$-0.07B |
-17.52 |
| 2021-09-30 |
$0.77B |
$0.01B |
105.62 |
| 2021-06-30 |
$0.69B |
$-0.07B |
-10.07 |
| 2021-03-31 |
$0.65B |
$-0.07B |
-9.32 |
| 2020-12-31 |
$0.74B |
$-0.08B |
-9.11 |
| 2020-09-30 |
$0.18B |
$0.38B |
0.46 |
| 2020-06-30 |
$0.00B |
$0.00B |
0.00 |
| 2020-03-31 |
$0.00B |
$0.00B |
0.00 |
| 2019-12-31 |
$0.00B |
|
0.00 |
| 2019-09-30 |
$0.00B |
$0.00B |
0.00 |
| 2018-12-31 |
$0.00B |
$0.00B |
0.00 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Solar Equipment and Services |
$1.881B |
$1.577B |
|
Array Technologies Inc. is a manufacturers of ground-mounting systems used in solar energy projects. The Company's principal product is an integrated system of steel supports, electric motors, gearboxes, electronic controllers and software. It operates principally in Europe, Central America and Australia. Array Technologies Inc. is headquartered in the United States.
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