Array Technologies (ARRY) Short-Term Debt repayments (2020 - 2022)

Array Technologies (ARRY) recorded quarterly Short-Term Debt repayments of $83.0 million in Q3 2022, up 151.52% quarter-over-quarter from $33.0 million in Q2 2022, and down 18.63% on a YoY basis from $102.0 million in Q3 2021.

Array Technologies (ARRY) Short-Term Debt repayments (2020 - 2022) Analysis & Trends

Array Technologies' Short-Term Debt repayments history runs 3 years deep, the most recent figure standing at $83.0 million for Q3 2022.

  • In Q3 2022, Short-Term Debt repayments fell 18.63% year-over-year to $83.0 million; the TTM figure through Dec 2023 stood at $83.0 million (down 28.45% YoY), while the FY2022 annual figure was $116.0 million, down 7.96% from the prior year.
  • Short-Term Debt repayments was $83.0 million for Q3 2022 at Array Technologies, up from $33.0 million in the prior quarter.
  • In the past five years, Short-Term Debt repayments ranged from a high of $102.0 million in Q3 2021 to a low of $70000.0 in Q4 2020.
  • Historically, Short-Term Debt repayments has averaged $48.4 million across 3 years, with a median of $33.0 million in 2022.
  • The sharpest annual moves came in 2021 and 2022: Short-Term Debt repayments jumped 34232.86% in 2021, then slipped 18.63% in 2022.
  • A 3-year view of Short-Term Debt repayments shows it stood at $70000.0 in 2020, then surged by 34232.86% to $24.0 million in 2021, then surged by 245.36% to $83.0 million in 2022.
  • The last three Short-Term Debt repayments figures came in at $83.0 million (Q3 2022), $33.0 million (Q2 2022), and $24.0 million (Q4 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Short-Term Debt repayments (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 268.62 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 83.00 Mn
Sep 30, 2022 83.00 Mn
Jun 30, 2022 33.00 Mn
Jun 30, 2022 33.00 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 70,000.00
Dec 31, 2020 70,000.00