Array Technologies Inc (ARRY) — Net Asset Quality Index

Latest as of September 2025: 25.1%

Array Technologies Inc (ARRY) has a Net Asset Quality Index of 25.1% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.61 Billion minus total liabilities of $1.21 Billion yields net assets of $404.59 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Array Technologies Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.

Quality Index

25.1%
Equity / Total Assets

Net Assets

$404.59 Million
USD

Total Assets

$1.61 Billion
USD

Total Liabilities

$1.21 Billion
USD

Array Technologies Inc Net Asset Quality Index Over Time (2001–2024)

This chart shows how Array Technologies Inc's Net Asset Quality Index has evolved across 24 annual periods from 2001 to 2024. As of September 2025, the index stands at 25.1%, representing net assets of $404.59 Million against total assets of $1.61 Billion USD. See Array Technologies Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Array Technologies Inc (2001–2024)

The table below presents the year-by-year Net Asset Quality Index for Array Technologies Inc from 2001 to 2024, covering 24 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market value of Array Technologies Inc.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2024 20.3% $288.83 Million $1.43 Billion $1.14 Billion ▼ -15.5 pp
2023 35.8% $610.51 Million $1.71 Billion $1.10 Billion ▲ +10.9 pp
2022 24.8% $423.85 Million $1.71 Billion $1.28 Billion ▲ +10.1 pp
2021 14.7% $168.26 Million $1.14 Billion $974.72 Million ▲ +27.1 pp
2020 -12.3% $-80.90 Million $656.02 Million $736.92 Million ▼ -45.4 pp
2019 33.0% $305.15 Million $923.58 Million $618.43 Million ▼ -18.8 pp
2018 51.9% $264.47 Million $509.86 Million $245.39 Million ▲ +47.7 pp
2017 4.2% $11.73 Million $279.14 Million $267.42 Million ▲ +26.7 pp
2016 -22.5% $-37.93 Million $168.90 Million $206.83 Million ▼ -44.0 pp
2015 21.5% $42.65 Million $198.21 Million $155.55 Million ▲ +40.0 pp
2014 -18.5% $-25.72 Million $139.05 Million $164.77 Million ▼ -2.4 pp
2013 -16.1% $-21.91 Million $135.99 Million $157.90 Million ▲ +63.3 pp
2012 -79.4% $-85.81 Million $108.07 Million $193.88 Million ▲ +620.2 pp
2011 -699.6% $-131.61 Million $18.81 Million $150.42 Million ▼ -327.0 pp
2010 -372.6% $-156.04 Million $41.88 Million $197.93 Million ▼ -236.3 pp
2009 -136.3% $-68.32 Million $50.14 Million $118.46 Million ▼ -90.8 pp
2008 -45.4% $-28.32 Million $62.32 Million $90.64 Million ▼ -107.0 pp
2007 61.6% $107.70 Million $174.97 Million $67.27 Million ▼ -5.6 pp
2006 67.2% $68.64 Billion $102.17 Billion $33.53 Billion ▼ -23.1 pp
2005 90.3% $115.55 Billion $127.95 Billion $12.41 Billion ▲ +90.3 pp
2004 0.0% $0.00 $77.76 Billion $77.76 Billion ▲ +0.0 pp
2003 0.0% $0.00 $83.83 Billion $83.83 Billion ▲ +0.0 pp
2002 0.0% $0.00 $107.91 Billion $107.91 Billion ▲ +0.0 pp
2001 0.0% $0.00 $107.91 Billion $107.91 Billion
pp = percentage points