Array Technologies Inc Tangible Net Worth Ratio
Array Technologies Inc tangible net worth ratio. Array Technologies Inc (ARRY) has a Tangible Net Worth Ratio of 39.6% as of September 2025. This metric is calculated by deducting intangible assets ($244.48 Million) from net assets ($404.59 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check ARRY strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Array Technologies Inc (2005–2024)
Tangible net worth ratio of Array Technologies Inc from 2005 to 2024. This chart shows how Array Technologies Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 39.6%, reflecting net assets of $404.59 Million with intangible assets of $244.48 Million USD. See working capital position of Array Technologies Inc to evaluate short-term liquidity relative to the company's equity base.
Array Technologies Inc Tangible Net Worth Ratio by Year (2005–2024)
Array Technologies Inc tangible net worth ratio by year from 2005 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Array Technologies Inc from 2005 to 2024, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Array Technologies Inc (ARRY) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 37.2% | $288.83 Million | $181.41 Million | $1.43 Billion | ▼ -5.4 pp |
| 2023 | 42.6% | $610.51 Million | $350.40 Million | $1.71 Billion | ▲ +33.8 pp |
| 2022 | 8.8% | $423.85 Million | $386.36 Million | $1.71 Billion | ▲ +12.7 pp |
| 2021 | -3.9% | $168.26 Million | $174.75 Million | $1.14 Billion | ▼ -30.6 pp |
| 2019 | 26.8% | $305.15 Million | $223.51 Million | $923.58 Million | ▲ +20.8 pp |
| 2018 | 5.9% | $264.47 Million | $248.76 Million | $509.86 Million | ▼ -94.1 pp |
| 2017 | 100.0% | $11.73 Million | $0.00 | $279.14 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $42.65 Million | $0.00 | $198.21 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $107.70 Million | $0.00 | $174.97 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $68.64 Billion | $0.00 | $102.17 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | $115.55 Billion | $0.00 | $127.95 Billion | — |