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. Also see how much is Array Technologies Inc worth for the company's overall valuation and market capitalisation.
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.
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. Explore Array Technologies Inc earnings quality ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
QuinStreet Inc
NASDAQ:QNST
|
0.073x |
|
Thornburg Income Builder Opportunities Trust Common Stock
NASDAQ:TBLD
|
N/A |
|
Guilin Tourism Corp Ltd
SHE:000978
|
0.059x |
|
Tamar Petroleum Ltd
TA:TMRP
|
0.237x |
|
Ningbo Zhongbai Co Ltd
SHG:600857
|
0.015x |
|
Unionman Technology Co. Ltd. A
SHG:688609
|
0.316x |
|
Syarikat Takaful Malaysia Bhd
KLSE:6139
|
-0.206x |
|
COPLAND ROAD CAPITAL NEW
F:A2P
|
0.295x |
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. View ARRY live share price for real-time trading data and today's change.
| 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