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| Date | Value |
|---|---|
| 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 |