Array Technologies Inc Cash Flow Conversion Efficiency
Array Technologies Inc 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.
Cash Flow Conversion Efficiency of Array Technologies Inc (2002–2024)
Cash flow conversion efficiency of Array Technologies Inc from 2002 to 2024. This chart illustrates how Array Technologies Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Array Technologies Inc stock quote for real-time trading data and today's change.
Array Technologies Inc Cash Flow Conversion Ratio Explained
Array Technologies Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see ARRY company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nanjing Railway New Technology Co.Ltd.
SHE:301016
|
-0.016x |
|
Shenzhen Rayitek Hi-Tech Film Co. Ltd. A
SHG:688323
|
0.012x |
|
Assure Tech Hangzhou Co Ltd
SHG:688075
|
0.000x |
|
Potbelly Co
NASDAQ:PBPB
|
0.225x |
|
Hankuk Carbon
KO:017960
|
0.064x |
|
W&T Offshore Inc
NYSE:WTI
|
-0.171x |
|
Jiangsu Tongli Risheng Machinery Co. Ltd.
SHG:605286
|
-0.068x |
|
Zhejiang Tieliu Clutch Co Ltd
SHG:603926
|
0.053x |
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. Review free cash flow generation of Array Technologies Inc to assess how much free cash flow the company generates relative to operating cash flow.
| 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