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

Array Technologies (ARRY) recorded quarterly Short-Term Debt issuances of $15.0 million in Q3 2022, 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.

  • In Q3 2022, Short-Term Debt issuances changed N/A year-over-year to $15.0 million; the TTM figure through Jun 2023 stood at $15.0 million (down 88.0% YoY), while the FY2022 annual figure was $116.0 million, down 7.96% from the prior year.
  • Short-Term Debt issuances was $15.0 million for Q3 2022 at Array Technologies, down from $49.0 million in the prior quarter.
  • In the past five years, Short-Term Debt issuances ranged from a high of $102.0 million in Q2 2021 to a low of -$4.3 million in Q3 2020.
  • Historically, Short-Term Debt issuances has averaged $24.8 million across 4 years, with a median of $10.4 million in 2019.
  • The sharpest annual moves came in 2020 and 2021: Short-Term Debt issuances plunged 100.55% in 2020, then jumped 75203.12% in 2021.
  • A 4-year view of Short-Term Debt issuances shows it stood at $5.8 million in 2019, then sank by 100.55% to -$32000.0 in 2020, then surged by 75203.12% to $24.0 million in 2021, then tumbled by 37.59% to $15.0 million in 2022.
  • The last three Short-Term Debt issuances figures came in at $15.0 million (Q3 2022), $49.0 million (Q2 2022), and $52.0 million (Q1 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Short-Term Debt issuances (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn -
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 182.50 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -
10 Skycorp Solar 110.38 Mn 103.60 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
Jun 30, 2021 102.00 Mn
Jun 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