Array Technologies Inc Total Liabilities
Array Technologies Inc total liabilities. Based on the latest financial reports, Array Technologies Inc (ARRY) has total liabilities worth $1.21 Billion USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. See Array Technologies Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Total Liabilities of Array Technologies Inc (2001–2024)
Total liabilities of Array Technologies Inc from 2001 to 2024. This chart illustrates how Array Technologies Inc's total liabilities have evolved over time, based on quarterly financial data. Check how resilient are Array Technologies Inc's assets to evaluate the company's liquid asset resilience ratio.
Array Technologies Inc Competitors by Total Liabilities
The table below lists competitors of Array Technologies Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Potbelly Co
NASDAQ:PBPB
|
USA | $204.14 Million |
|
Assure Tech Hangzhou Co Ltd
SHG:688075
|
China | CN¥611.60 Million |
|
Shenzhen Rayitek Hi-Tech Film Co. Ltd. A
SHG:688323
|
China | CN¥1.43 Billion |
|
Nanjing Railway New Technology Co.Ltd.
SHE:301016
|
China | CN¥163.95 Million |
|
Hankuk Carbon
KO:017960
|
Korea | ₩463.75 Billion |
|
W&T Offshore Inc
NYSE:WTI
|
USA | $1.16 Billion |
|
Jiangsu Tongli Risheng Machinery Co. Ltd.
SHG:605286
|
China | CN¥2.63 Billion |
|
Zhejiang Tieliu Clutch Co Ltd
SHG:603926
|
China | CN¥1.34 Billion |
Liability Composition Analysis (2001–2024)
This chart breaks down Array Technologies Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the complete balance sheet picture, see how large is Array Technologies Inc's balance sheet.
Liquidity & Leverage Metrics
Array Technologies Inc Total Liabilities Ratios Explained
Array Technologies Inc total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.89 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 2.98 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.75 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Array Technologies Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Array Technologies Inc (2001–2024)
The table below shows the annual total liabilities of Array Technologies Inc from 2001 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $1.14 Billion | +3.73% |
| 2023-12-31 | $1.10 Billion | -14.50% |
| 2022-12-31 | $1.28 Billion | +31.55% |
| 2021-12-31 | $974.72 Million | +32.27% |
| 2020-12-31 | $736.92 Million | +19.16% |
| 2019-12-31 | $618.43 Million | +152.02% |
| 2018-12-31 | $245.39 Million | -8.24% |
| 2017-12-31 | $267.42 Million | +29.29% |
| 2016-12-31 | $206.83 Million | +32.96% |
| 2015-12-31 | $155.55 Million | -5.60% |
| 2014-12-31 | $164.77 Million | +4.36% |
| 2013-12-31 | $157.90 Million | -18.56% |
| 2012-12-31 | $193.88 Million | +28.89% |
| 2011-12-31 | $150.42 Million | -24.00% |
| 2010-12-31 | $197.93 Million | +67.08% |
| 2009-12-31 | $118.46 Million | +30.69% |
| 2008-12-31 | $90.64 Million | +34.74% |
| 2007-12-31 | $67.27 Million | -99.80% |
| 2006-12-31 | $33.53 Billion | +170.29% |
| 2005-12-31 | $12.41 Billion | -84.05% |
| 2004-12-31 | $77.76 Billion | -7.24% |
| 2003-12-31 | $83.83 Billion | -22.32% |
| 2002-12-31 | $107.91 Billion | 0.00% |
| 2001-12-31 | $107.91 Billion | -- |
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