Array Technologies (ARRY) Short-Term Debt issuances (2019 - 2022)
Array Technologies (ARRY) posted quarterly Short-Term Debt issuances of $15.0 million for Q3 2022, down 85.29% year-over-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.
- In Q3 2022, Short-Term Debt issuances fell 85.29% year-over-year to $15.0 million; the TTM figure through Jun 2023 stood at $15.0 million (down 93.39% YoY), while the FY2022 annual figure was $116.0 million, down 7.96% from the prior year.
- Short-Term Debt issuances for Q3 2022 stood at $15.0 million, down from $49.0 million in the prior quarter.
- The five-year high for Short-Term Debt issuances was $102.0 million in Q3 2021, with the low 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.
- The sharpest annual moves came in 2020 and 2021: Short-Term Debt issuances tumbled 100.55% in 2020, then soared 75203.12% in 2021.
- Array Technologies' Short-Term Debt issuances stood at $5.8 million in 2019, then plunged by 100.55% to -$32000.0 in 2020, then jumped by 75203.12% to $24.0 million in 2021, then slumped by 37.59% to $15.0 million in 2022.
- Business Quant data shows ARRY's Short-Term Debt issuances at $15.0 million in Q3 2022, $49.0 million in Q2 2022, and $52.0 million in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Short-Term Debt issuances (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | - |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | - |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | - |
| 10 | Toyo | 181.99 Mn | 105.35 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 |