Array Technologies Inc (ARRY)
11.28
+0.30
(+2.78%)
USD |
NASDAQ |
Apr 19, 16:00
11.28
0.00 (0.00%)
After-Hours: 20:00
Array Technologies Debt to Equity Ratio: 1.118 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 1.118 |
| September 30, 2023 | 1.132 |
| June 30, 2023 | 1.208 |
| March 31, 2023 | 1.425 |
| December 31, 2022 | 1.791 |
| September 30, 2022 | 2.212 |
| June 30, 2022 | 2.346 |
| March 31, 2022 | 2.118 |
| December 31, 2021 | 4.252 |
| Date | Value |
|---|---|
| September 30, 2021 | 1.251 |
| June 30, 2021 | -7.262 |
| March 31, 2021 | -5.648 |
| December 31, 2020 | -5.294 |
| September 30, 2020 | 0.0003 |
| June 30, 2020 | -2.870 |
| March 31, 2020 | |
| December 31, 2019 | 0.3203 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-7.262
Minimum
Jun 2021
4.252
Maximum
Dec 2021
-0.1188
Average
1.170
Median
Debt to Equity Ratio Benchmarks
| First Solar Inc | 0.0838 |
| Enphase Energy Inc | 1.315 |
| SunPower Corp | 1.127 |
| Shoals Technologies Group Inc | 0.3329 |
| SolarEdge Technologies Inc | 0.2601 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.707B |
| Total Liabilities (Quarterly) | 1.096B |
| Shareholders Equity (Quarterly) | 610.51M |
| Current Ratio | 2.479 |
| Net Debt Paydown Yield | 0.71% |