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. Read how much debt does Array Technologies Inc carry for a breakdown of total debt and financial obligations.

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. For live market cap and overall valuation, see Array Technologies Inc (ARRY) market capitalisation.

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. Check Array Technologies Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

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