Array Technologies Inc (ARRY)
7.22
+0.50
(+7.44%)
USD |
NASDAQ |
Nov 14, 13:05
Array Technologies Debt to Equity Ratio: 1.480 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 1.480 |
| June 30, 2024 | 1.177 |
| March 31, 2024 | 1.141 |
| 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 |
| Date | Value |
|---|---|
| March 31, 2022 | 2.118 |
| December 31, 2021 | 4.252 |
| 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
0.0998
Average
1.177
Median
Jun 2024
Debt to Equity Ratio Benchmarks
| First Solar Inc | 0.0766 |
| NEXTracker Inc | 0.1154 |
| Enphase Energy Inc | 1.396 |
| Shoals Technologies Group Inc | 0.2695 |
| inTest Corp | 0.1603 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.563B |
| Total Liabilities (Quarterly) | 1.106B |
| Shareholders Equity (Quarterly) | 457.08M |
| Current Ratio | 2.407 |
| Net Debt Paydown Yield | 1.27% |