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| 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 |
| 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 |