Array Technologies, Inc.
Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software…
Solar
US, Albuquerque [HQ]
Ratios
6 Sheets · Starting from 2023Margins, Growth Rates In %
| Ratio | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Profitability | |||||||
| Gross Margin | 3.97 | 23.27 | 23.24 | 9.71 | 13.88 | 23.89 | |
| Profit Margin | -20.90 | 6.13 | 6.77 | -5.91 | 0.27 | 8.71 | |
| Operating Margin | -21.05 | 12.87 | 10.91 | -2.90 | -1.11 | 13.77 | |
|
EPS Growth
|
- - | 164.58 | 51.61 | -182.98 | 107.59 | 2,974.32 | |
| EPS USD | -48.00 | 31.00 | 47.00 | -39.00 | 2.96 | 91.00 | |
| Return on Assets (ROA) | -11.92 | 4.30 | 9.00 | -4.41 | 0.26 | 8.04 | |
| Return on Equity (ROE) | -22.98 | 13.02 | -73.02 | -29.96 | 1.05 | 22.48 | |
| Return on Invested Capital (ROIC) | -10.99 | 12.74 | 20.82 | -2.29 | 1.36 | 12.95 | |
| Solvency | |||||||
| Equity Ratio | - - | - - | - - | - - | - - | - - | |
| Debt/Assets | 30.41 | 10.58 | 65.29 | 63.10 | 45.11 | 40.32 | |
| Debt/Equity | 58.62 | 32.03 | -529.41 | 428.67 | 181.57 | 112.72 | |
| Debt/EBITDA | -335.61 | -190.88 | 217.84 | 11,802.24 | 782.80 | 168.64 | |
|
Debt/Capitalization
|
36.96 | 24.26 | 123.29 | 81.08 | 64.49 | 52.99 | |
| Long-Term Debt/Capitalization | 26.61 | - - | 123.58 | 80.86 | 62.96 | 51.98 | |
| Interest Debt per Share USD | 1.37 | 0.92 | 3.49 | 5.82 | 5.36 | 4.85 | |
| Debt Growth | - - | -36.95 | 338.15 | 68.41 | 6.70 | -8.05 | |
| Liquidity | |||||||
| Current Ratio | 129.21 | 104.92 | 129.77 | 347.34 | 178.65 | 247.93 | |
| Quick Ratio | 76.50 | 68.93 | 84.50 | 249.78 | 120.06 | 173.14 | |
| Cash Ratio | 30.34 | 52.53 | 37.51 | 149.88 | 28.78 | 74.20 | |
| Operating Cash Flow Ratio | - - | - - | - - | -100 | - - | - - | |
| Turnover | |||||||
| Inventory Turnover | 506.11 | 335.85 | 565.48 | 374.64 | 604.85 | 740.86 | |
| Receivables Turnover | 468.05 | 668.77 | 642.36 | 348.21 | 385.56 | 474.65 | |
| Payables Turnover | 929.99 | 366.88 | 788.19 | 837.44 | 827.48 | 1,004.14 | |
|
Asset Turnover
|
57.03 | 70.15 | 133.02 | 74.66 | 95.98 | 92.37 | |
| Fixed Turnover | 2,636.53 | 6,077.85 | 8,928.40 | 7,980.90 | 7,066.31 | 2,921.11 | |
| Coverage | |||||||
| Interest Coverage | -321.41 | 443.74 | 629.33 | -69.74 | -54.11 | 490.83 | |
| Asset Coverage | 100 | 200 | - - | 100 | 100 | 100 | |
| Cash Flow Coverage (CFGR) | -7.56 | 394.96 | -28.53 | -36.49 | 18.39 | 33.71 | |
| EBITDA Coverage | -100 | 500 | 900 | - - | 200 | 600 | |
| Dividend Coverage | - - | - - | - - | 600 | - - | - - | |
| Time Interest Earned (TIE) | - - | 200 | 200 | - - | - - | 200 | |
| Market Prospects | |||||||
| Dividend Yield | - - | - - | - - | 0.39 | 0.64 | - - | |
| Earnings Yield | -1.31 | 0.86 | 1.08 | -2.47 | 0.15 | 5.41 | |
|
Price/Earnings (P/E)
|
-7,617.88 | 11,646.62 | 9,274.19 | -4,046.28 | 65,342.99 | 1,847.73 | |
| Price/Earnings Growth (PEG) | - - | -70.76 | 179.69 | 22.11 | -607.33 | 0.62 | |
|
Price/Book (P/B)
|
1,750.24 | 1,516.94 | -6,772.08 | 1,212.10 | 683.26 | 415.36 | |
| Price/Tangible Book (P/TB) | 1,750.24 | 1,516.94 | -6,772.08 | 1,212.10 | 683.26 | 415.36 | |
| Price/Sales (P/S) | 1,591.89 | 714.46 | 627.80 | 239.00 | 176.85 | 160.85 | |
|
Price/Cash Flow (P/CF)
|
-39,472.43 | 1,198.98 | -4,483.07 | -774.90 | 2,046.75 | 1,093.24 | |
| Price/Free CF (P/FCF) | -25,493.92 | 1,204.28 | -4,434.52 | -765.15 | 2,212.82 | 1,179.64 | |
| Price/Operating CF (P/OCF) | -39,472.43 | 1,198.98 | -4,483.07 | -774.90 | 2,046.75 | 1,093.24 |