Array Technologies Inc (ARRY) — Cash Flow-to-Debt Ratio
Array Technologies Inc (ARRY) has a Cash Flow-to-Debt Ratio of 0.02x as of September 2025, meaning its operating cash flow of $27.36 Million could theoretically repay 0% of its total liabilities ($1.21 Billion) in one year. See financial agility of Array Technologies Inc to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Array Technologies Inc Cash Flow-to-Debt Ratio (2002–2024)
Historical debt coverage capacity for Array Technologies Inc across 23 annual periods. For the full cash flow conversion analysis, see Array Technologies Inc (ARRY) cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Array Technologies Inc (2002–2024)
Year-by-year debt coverage analysis for Array Technologies Inc. Check Array Technologies Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.14x | $153.98 Million | $1.14 Billion | ▼ -36.0% |
| 2023 | 0.21x | $231.96 Million | $1.10 Billion | ▲ +91.7% |
| 2022 | 0.11x | $141.49 Million | $1.28 Billion | ▲ +140.9% |
| 2021 | -0.27x | $-263.19 Million | $974.72 Million | ▼ -62.8% |
| 2020 | -0.17x | $-122.20 Million | $736.92 Million | ▼ -126.6% |
| 2019 | 0.62x | $386.07 Million | $618.43 Million | ▲ +1406.3% |
| 2018 | -0.05x | $-11.73 Million | $245.39 Million | ▲ +67.6% |
| 2017 | -0.15x | $-39.40 Million | $267.42 Million | ▲ +56.5% |
| 2016 | -0.34x | $-70.09 Million | $206.83 Million | ▼ -809.9% |
| 2015 | -0.04x | $-5.79 Million | $155.55 Million | ▲ +91.4% |
| 2014 | -0.44x | $-71.68 Million | $164.77 Million | ▲ +21.1% |
| 2013 | -0.55x | $-87.07 Million | $157.90 Million | ▼ -218.7% |
| 2012 | -0.17x | $-33.55 Million | $193.88 Million | ▲ +60.5% |
| 2011 | -0.44x | $-65.94 Million | $150.42 Million | ▼ -594.2% |
| 2010 | 0.09x | $17.56 Million | $197.93 Million | ▲ +111.3% |
| 2009 | -0.78x | $-92.94 Million | $118.46 Million | ▼ -55.5% |
| 2008 | -0.50x | $-45.74 Million | $90.64 Million | ▲ +23.8% |
| 2007 | -0.66x | $-44.52 Million | $67.27 Million | ▲ +8.7% |
| 2006 | -0.72x | $-24.30 Billion | $33.53 Billion | ▲ +47.7% |
| 2005 | -1.38x | $-17.18 Billion | $12.41 Billion | ▼ -2058.0% |
| 2004 | 0.07x | $5.50 Billion | $77.76 Billion | ▲ +133.7% |
| 2003 | -0.21x | $-17.59 Billion | $83.83 Billion | ▼ -28.7% |
| 2002 | -0.16x | $-17.59 Billion | $107.91 Billion | — |