Array Technologies annual debt-to-assets ratio
2019
2020
2021
2022
2023
2024
2025
Array Technologies Debt-to-Assets Ratio Growth & History (ARRY)
Array Technologies's debt-to-assets ratio was 0.53 for fiscal 2025.
View full Array Technologies company overviewArray Technologies annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.53 | 0.04 | +7.82% |
| 2024 | 2024-12-31 | 0.49 | 0.07 | +18.06% |
| 2023 | 2023-12-31 | 0.41 | −0.04 | −9.25% |
| 2022 | 2022-12-31 | 0.46 | −0.18 | −28.13% |
| 2021 | 2021-12-31 | 0.64 | −0.02 | −2.62% |
| 2020 | 2020-12-31 | 0.65 | 0.59 | +977.69% |
| 2019 | 2019-12-31 | 0.06 | — | — |
Array Technologies quarterly debt-to-assets ratio
Q4.19
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.49 | 0.04 | +9.08% |
| Q1 2026 | 2026-03-31 | 0.52 | 0.04 | +8.65% |
| Q4 2025 | 2025-12-31 | 0.53 | 0.04 | +7.82% |
| Q3 2025 | 2025-09-30 | 0.44 | 0.01 | +1.50% |
| Q2 2025 | 2025-06-30 | 0.45 | 0.04 | +9.15% |
| Q1 2025 | 2025-03-31 | 0.48 | 0.06 | +14.07% |
| Q4 2024 | 2024-12-31 | 0.49 | 0.07 | +18.06% |
| Q3 2024 | 2024-09-30 | 0.43 | 0.04 | +10.33% |
| Q2 2024 | 2024-06-30 | 0.41 | 0.01 | +3.21% |
| Q1 2024 | 2024-03-31 | 0.42 | 0.00 | +1.19% |
| Q4 2023 | 2023-12-31 | 0.41 | −0.04 | −9.25% |
| Q3 2023 | 2023-09-30 | 0.39 | −0.05 | −11.99% |
| Q2 2023 | 2023-06-30 | 0.40 | −0.07 | −14.05% |
| Q1 2023 | 2023-03-31 | 0.41 | −0.05 | −10.95% |
| Q4 2022 | 2022-12-31 | 0.46 | −0.18 | −28.13% |
| Q3 2022 | 2022-09-30 | 0.45 | 0.04 | +9.74% |
| Q2 2022 | 2022-06-30 | 0.46 | −0.36 | −43.69% |
| Q1 2022 | 2022-03-31 | 0.46 | −0.23 | −33.56% |
| Q4 2021 | 2021-12-31 | 0.64 | −0.02 | −2.62% |
| Q3 2021 | 2021-09-30 | 0.41 | 0.41 | — |
| Q2 2021 | 2021-06-30 | 0.83 | — | — |
| Q1 2021 | 2021-03-31 | 0.70 | — | — |
| Q4 2020 | 2020-12-31 | 0.65 | 0.59 | +977.69% |
| Q3 2020 | 2020-09-30 | 0.00 | — | — |
| Q4 2019 | 2019-12-31 | 0.06 | — | — |
Array Technologies debt-to-assets ratio trends
Over the last five fiscal years, Array Technologies's debt-to-assets ratio decreased from 0.65 to 0.53, a change of −0.13. The latest reported quarter, Q2 2026, shows 0.49.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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