Array Technologies Inc (ARRY) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Array Technologies Inc (ARRY) has a cash flow conversion efficiency ratio of 0.068x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($27.36 Million) by net assets ($404.59 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Array Technologies Inc - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Array Technologies Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read ARRY total liabilities for a breakdown of total debt and financial obligations.
Array Technologies Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Array Technologies Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lotte Fine Chemical Co Ltd
KO:004000
|
0.034x |
|
Honasa Consumer Limited
NSE:HONASA
|
0.035x |
|
Tianjin You Fa Steel Pipe Group Stock Co Ltd
SHG:601686
|
-0.063x |
|
MBB INDUSTRIES
XETRA:MBB
|
0.067x |
|
Kale Environmental Technology (Shanghai) Corporation
SHE:301070
|
N/A |
|
Bonheur
OL:BONHR
|
0.082x |
|
Jiangsu Shentong Valve Co Ltd
SHE:002438
|
0.028x |
|
Virgin Australia Holdings Ltd
AU:VGN
|
-0.244x |
Annual Cash Flow Conversion Efficiency for Array Technologies Inc (2002–2024)
The table below shows the annual cash flow conversion efficiency of Array Technologies Inc from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see Array Technologies Inc stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $288.83 Million | $153.98 Million | 0.533x | +40.31% |
| 2023-12-31 | $610.51 Million | $231.96 Million | 0.380x | +13.81% |
| 2022-12-31 | $423.85 Million | $141.49 Million | 0.334x | +121.34% |
| 2021-12-31 | $168.26 Million | $-263.19 Million | -1.564x | -203.55% |
| 2020-12-31 | $-80.90 Million | $-122.20 Million | 1.511x | +19.40% |
| 2019-12-31 | $305.15 Million | $386.07 Million | 1.265x | +2953.32% |
| 2018-12-31 | $264.47 Million | $-11.73 Million | -0.044x | +98.68% |
| 2017-12-31 | $11.73 Million | $-39.40 Million | -3.360x | -281.83% |
| 2016-12-31 | $-37.93 Million | $-70.09 Million | 1.848x | +1460.49% |
| 2015-12-31 | $42.65 Million | $-5.79 Million | -0.136x | -104.87% |
| 2014-12-31 | $-25.72 Million | $-71.68 Million | 2.787x | -29.87% |
| 2013-12-31 | $-21.91 Million | $-87.07 Million | 3.974x | +916.50% |
| 2012-12-31 | $-85.81 Million | $-33.55 Million | 0.391x | -21.97% |
| 2011-12-31 | $-131.61 Million | $-65.94 Million | 0.501x | +545.27% |
| 2010-12-31 | $-156.04 Million | $17.56 Million | -0.113x | -108.27% |
| 2009-12-31 | $-68.32 Million | $-92.94 Million | 1.360x | -15.77% |
| 2008-12-31 | $-28.32 Million | $-45.74 Million | 1.615x | +490.68% |
| 2007-12-31 | $107.70 Million | $-44.52 Million | -0.413x | -16.79% |
| 2006-12-31 | $68.64 Billion | $-24.30 Billion | -0.354x | -138.09% |
| 2005-12-31 | $115.55 Billion | $-17.18 Billion | -0.149x | -- |
| 2004-12-31 | $0.00 | $5.50 Billion | x | -- |
| 2003-12-31 | $0.00 | $-17.59 Billion | x | -- |
| 2002-12-31 | $0.00 | $-17.59 Billion | x | -- |
About Array Technologies Inc
Array Technologies, Inc. manufactures and sells solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. The company operates through two segments, Array Legacy Operations and STI Operations. Its products portfolio includes DuraTrack HZ v3, a single axis tracker; Array STI H250, a dual-row tracker system; Array OmniTrack; Array SkyLink, a photovoltai… Read more