Array Technologies Inc (ARRY) — Working Capital to Net Assets Ratio
Array Technologies Inc (ARRY) has a Working Capital to Net Assets ratio of 100.9% as of September 2025. Working capital of $408.06 Million (current assets of $866.55 Million minus current liabilities of $458.49 Million) is measured against net assets of $404.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Array Technologies Inc financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Array Technologies Inc Working Capital to Net Assets (2005–2024)
This chart shows how Array Technologies Inc's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 100.9%, reflecting working capital of $408.06 Million against net assets of $404.59 Million USD. See Array Technologies Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Array Technologies Inc (2005–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Array Technologies Inc from 2005 to 2024, covering 20 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Array Technologies Inc stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 194.2% | $560.91 Million | $288.83 Million | $998.72 Million | $437.81 Million | ▲ +112.9 pp |
| 2023 | 81.3% | $496.59 Million | $610.51 Million | $832.28 Million | $335.69 Million | ▼ -5.0 pp |
| 2022 | 86.3% | $365.95 Million | $423.85 Million | $831.21 Million | $465.26 Million | ▼ -274.3 pp |
| 2021 | 360.6% | $606.73 Million | $168.26 Million | $852.03 Million | $245.31 Million | ▲ +467.0 pp |
| 2020 | -106.4% | $86.07 Million | $-80.90 Million | $375.18 Million | $289.10 Million | ▼ -115.9 pp |
| 2019 | 9.5% | $29.06 Million | $305.15 Million | $619.68 Million | $590.62 Million | ▼ -5.3 pp |
| 2018 | 14.9% | $39.30 Million | $264.47 Million | $173.88 Million | $134.57 Million | ▼ -1695.9 pp |
| 2017 | 1710.8% | $200.63 Million | $11.73 Million | $270.18 Million | $69.55 Million | ▲ +1982.0 pp |
| 2016 | -271.2% | $102.87 Million | $-37.93 Million | $155.30 Million | $52.43 Million | ▼ -619.6 pp |
| 2015 | 348.4% | $148.62 Million | $42.65 Million | $191.05 Million | $42.42 Million | ▲ +616.5 pp |
| 2014 | -268.0% | $68.94 Million | $-25.72 Million | $121.68 Million | $52.73 Million | ▲ +54.8 pp |
| 2013 | -322.8% | $70.73 Million | $-21.91 Million | $121.31 Million | $50.58 Million | ▼ -302.8 pp |
| 2012 | -20.0% | $17.17 Million | $-85.81 Million | $93.11 Million | $75.94 Million | ▼ -19.4 pp |
| 2011 | -0.6% | $754.00K | $-131.61 Million | $70.56 Million | $69.81 Million | ▲ +24.7 pp |
| 2010 | -25.2% | $39.37 Million | $-156.04 Million | $117.30 Million | $77.93 Million | ▼ -33.1 pp |
| 2009 | 7.9% | $-5.38 Million | $-68.32 Million | $44.92 Million | $50.30 Million | ▲ +242.2 pp |
| 2008 | -234.3% | $66.35 Million | $-28.32 Million | $100.75 Million | $34.41 Million | ▼ -346.5 pp |
| 2007 | 112.2% | $120.83 Million | $107.70 Million | $145.40 Million | $24.57 Million | ▲ +30.6 pp |
| 2006 | 81.6% | $56.01 Billion | $68.64 Billion | $74.86 Billion | $18.86 Billion | ▲ +12.0 pp |
| 2005 | 69.6% | $80.43 Billion | $115.55 Billion | $96.56 Billion | $16.13 Billion | — |