Array Technologies, Inc. (ARRY) Debt to Assets Ratio: 0.53%
The debt to assets ratio for Array Technologies, Inc. (ARRY) is 0.53% as of Saturday, June 20, 2026.
ARRY Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.53%
ARRY Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Array Technologies, Inc. (ARRY) | $1.23B | 0.53% |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | 0.14% |
| enCore Energy Corp. (EU)vs › | $320.48M | 0.26% |
| Helmerich & Payne, Inc. (HP)vs › | $3.49B | 0.35% |
| California Resources Corporation (CRC)vs › | $4.91B | 0.18% |
| Weatherford International plc (WFRD)vs › | $6.59B | 0.34% |
| Enphase Energy, Inc. (ENPH)vs › | $6.89B | 0.35% |
| Antero Midstream Corporation (AM)vs › | $10.31B | 0.55% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 0.16% |
| Venture Global, Inc. (VG)vs › | $26.91B | 0.65% |
Leverage Ratios Comparison
Debt/Assets
0.5%
Debt/Equity
2.94
Current Ratio
2.31
Interest Coverage
2.7x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Array Technologies, Inc. Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Array Technologies, Inc. Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Array Technologies, Inc. (ARRY)?
- The debt to assets ratio for ARRY stock is 0.53%.
About Array Technologies, Inc.
Array Technologies, Inc. (ARRY) develops, manufactures, and provides solar tracking solutions and complementary products for customers both within the United States and internationally. A key offering is the DuraTrack HZ v3, a system designed for single-axis solar panel tracking. Additionally, the company offers SmarTrack, an intelligent software powered by machine learning that continuously determines the optimal alignment for solar arrays in real time to maximize energy output. This enterprise was established in 1989 and its corporate headquarters are situated in Albuquerque, New Mexico.
- Sector
- Energy
- Industry
- Solar
- CEO
- Kevin G. Hostetler