Array Technologies Inc (ARRY)
10.97
-0.37
(-3.26%)
USD |
NASDAQ |
May 17, 16:00
10.99
+0.02
(+0.18%)
After-Hours: 20:00
Array Technologies Debt to Equity Ratio: 1.141 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
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 |
March 31, 2022 | 2.118 |
Date | Value |
---|---|
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
-0.0447
Average
1.141
Median
Mar 2024
Debt to Equity Ratio Benchmarks
First Solar Inc | 0.0898 |
Enphase Energy Inc | 1.404 |
SunPower Corp | 1.127 |
Shoals Technologies Group Inc | 0.3046 |
NEXTracker Inc | 0.1451 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 1.629B |
Total Liabilities (Quarterly) | 1.033B |
Shareholders Equity (Quarterly) | 595.99M |
Current Ratio | 2.730 |
Net Debt Paydown Yield | 0.70% |