Array Technologies (ARRY) Short-Term Debt issuances (2019 - 2022)

Array Technologies' (ARRY) quarterly Short-Term Debt issuances came in at $15.0 million in Q3 2022, down 85.29% year-on-year from $102.0 million in Q3 2021, and down 69.39% quarter-over-quarter from $49.0 million in Q2 2022.

Array Technologies (ARRY) Short-Term Debt issuances (2019 - 2022) Analysis & Trends

Array Technologies' Short-Term Debt issuances history runs 4 years deep, the most recent figure standing at $15.0 million for Q3 2022.

  • On a quarterly basis, Short-Term Debt issuances fell 85.29% year-over-year to $15.0 million in Q3 2022; TTM through Jun 2023 was $15.0 million, a 93.39% decrease from a year earlier, with the FY2022 full-year figure at $116.0 million, down 7.96% from the prior year.
  • Short-Term Debt issuances eased to $15.0 million in Q3 2022 per ARRY's latest filing, from $49.0 million in the prior quarter.
  • Across five years, Short-Term Debt issuances topped out at $102.0 million in Q3 2021 and bottomed at -$4.3 million in Q3 2020.
  • The 4-year median for Short-Term Debt issuances is $10.4 million (2019), against an average of $24.8 million.
  • Across the five-year window, Short-Term Debt issuances plunged 100.55% in 2020 and soared 75203.12% in 2021, its largest moves.
  • Year by year, Short-Term Debt issuances stood at $5.8 million in 2019, then tumbled by 100.55% to -$32000.0 in 2020, then surged by 75203.12% to $24.0 million in 2021, then sank by 37.59% to $15.0 million in 2022.
  • Per Business Quant, the three latest ARRY Short-Term Debt issuances figures stand at $15.0 million (Q3 2022), $49.0 million (Q2 2022), and $52.0 million (Q1 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Short-Term Debt issuances (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn -
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 268.62 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn -
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 40.49 Mn

Historic Data

Download Data
DateValue
Sep 30, 2022 15.00 Mn
Sep 30, 2022 15.00 Mn
Jun 30, 2022 49.00 Mn
Jun 30, 2022 49.00 Mn
Mar 31, 2022 52.00 Mn
Mar 31, 2022 52.00 Mn
Dec 31, 2021 24.03 Mn
Dec 31, 2021 24.03 Mn
Sep 30, 2021 102.00 Mn
Sep 30, 2021 102.00 Mn
Dec 31, 2020 -32,000.00
Dec 31, 2020 -32,000.00
Sep 30, 2020 -4.30 Mn
Sep 30, 2020 -4.30 Mn
Jun 30, 2020 4.32 Mn
Jun 30, 2020 4.32 Mn
Mar 31, 2020 10,000.00
Mar 31, 2020 10,000.00
Dec 31, 2019 5.81 Mn
Dec 31, 2019 5.81 Mn