Array Debt Ratio from 2010 to 2025

ARRY Stock  USD 5.69  0.01  0.18%   
Array Technologies Debt Ratio yearly trend continues to be fairly stable with very little volatility. Debt Ratio will likely drop to 0.02 in 2025. During the period from 2010 to 2025, Array Technologies Debt Ratio regression line of annual values had r-squared of  0.01 and arithmetic mean of  0.31. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.02153858
Current Value
0.0205
Quarterly Volatility
0.1751459
 
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 50.1 M, Interest Expense of 34.1 M or Selling General Administrative of 152.5 M, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.007 or PTB Ratio of 3.33. 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 Ratio Growth Pattern

Below is the plot of the Debt Ratio of Array Technologies over the last few years. It is Array Technologies' Debt Ratio 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.
Debt Ratio10 Years Trend
Very volatile
   Debt Ratio   
       Timeline  

Array Debt Ratio Regression Statistics

Arithmetic Mean0.31
Geometric Mean0.23
Coefficient Of Variation55.67
Mean Deviation0.11
Median0.30
Standard Deviation0.18
Sample Variance0.03
Range0.6323
R-Value(0.08)
Mean Square Error0.03
R-Squared0.01
Significance0.77
Slope(0)
Total Sum of Squares0.46

Array Debt Ratio History

2025 0.0205
2024 0.0215
2023 0.41
2022 0.45
2021 0.63
2020 0.65
2019 0.11

Other Fundumenentals of Array Technologies

Array Technologies Debt Ratio component correlations

-1.00.971.01.01.01.01.00.03-0.2-0.02-0.23-0.08-0.2-0.11-0.150.12-0.15-0.01-0.14-0.15-0.150.08-0.15
-1.0-0.96-1.0-1.0-1.0-1.0-0.99-0.040.210.050.240.090.220.140.19-0.140.180.030.160.170.18-0.070.17
0.97-0.960.970.970.970.970.990.01-0.110.13-0.130.090.020.070.06-0.030.040.090.050.050.05-0.060.06
1.0-1.00.971.01.01.01.00.03-0.2-0.03-0.23-0.09-0.2-0.12-0.160.12-0.16-0.01-0.15-0.16-0.160.09-0.16
1.0-1.00.971.01.01.01.00.03-0.2-0.03-0.23-0.09-0.2-0.12-0.160.12-0.16-0.01-0.14-0.15-0.150.08-0.16
1.0-1.00.971.01.01.01.00.03-0.2-0.03-0.23-0.09-0.2-0.12-0.160.12-0.15-0.01-0.14-0.15-0.150.08-0.15
1.0-1.00.971.01.01.00.990.03-0.21-0.03-0.23-0.09-0.21-0.12-0.160.13-0.16-0.01-0.15-0.16-0.160.09-0.16
1.0-0.990.991.01.01.00.990.06-0.130.04-0.18-0.02-0.11-0.06-0.090.08-0.090.01-0.07-0.08-0.080.03-0.08
0.03-0.040.010.030.030.030.030.060.760.290.64-0.040.09-0.14-0.240.57-0.2-0.14-0.19-0.18-0.180.1-0.19
-0.20.21-0.11-0.2-0.2-0.2-0.21-0.130.760.680.650.170.60.230.270.040.25-0.020.260.280.28-0.070.26
-0.020.050.13-0.03-0.03-0.03-0.030.040.290.680.30.310.810.530.67-0.470.610.120.560.590.6-0.190.59
-0.230.24-0.13-0.23-0.23-0.23-0.23-0.180.640.650.30.470.450.480.330.220.230.350.30.290.3-0.090.34
-0.080.090.09-0.09-0.09-0.09-0.09-0.02-0.040.170.310.470.530.760.61-0.090.520.560.660.660.64-0.630.76
-0.20.220.02-0.2-0.2-0.2-0.21-0.110.090.60.810.450.530.680.89-0.640.890.180.860.890.89-0.410.88
-0.110.140.07-0.12-0.12-0.12-0.12-0.06-0.140.230.530.480.760.680.88-0.370.60.810.720.690.71-0.180.75
-0.150.190.06-0.16-0.16-0.16-0.16-0.09-0.240.270.670.330.610.890.88-0.710.880.480.890.890.91-0.290.91
0.12-0.14-0.030.120.120.120.130.080.570.04-0.470.22-0.09-0.64-0.37-0.71-0.710.04-0.58-0.62-0.630.27-0.6
-0.150.180.04-0.16-0.16-0.15-0.16-0.09-0.20.250.610.230.520.890.60.88-0.710.080.960.970.98-0.410.94
-0.010.030.09-0.01-0.01-0.01-0.010.01-0.14-0.020.120.350.560.180.810.480.040.080.240.190.220.050.28
-0.140.160.05-0.15-0.14-0.14-0.15-0.07-0.190.260.560.30.660.860.720.89-0.580.960.240.990.99-0.360.97
-0.150.170.05-0.16-0.15-0.15-0.16-0.08-0.180.280.590.290.660.890.690.89-0.620.970.190.991.0-0.440.98
-0.150.180.05-0.16-0.15-0.15-0.16-0.08-0.180.280.60.30.640.890.710.91-0.630.980.220.991.0-0.40.98
0.08-0.07-0.060.090.080.080.090.030.1-0.07-0.19-0.09-0.63-0.41-0.18-0.290.27-0.410.05-0.36-0.44-0.4-0.54
-0.150.170.06-0.16-0.16-0.15-0.16-0.08-0.190.260.590.340.760.880.750.91-0.60.940.280.970.980.98-0.54
Click cells to compare fundamentals

About Array Technologies Financial Statements

Array Technologies investors use historical fundamental indicators, such as Array Technologies' Debt Ratio, 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 Ratio 0.02  0.02 
Cash Flow To Debt Ratio 5.01  5.26 

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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.