Array Technologies, Inc.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Array Technologies, Inc.'s yearly results (2022–2025), compared with Technology companies in United States. Tap ? on any ratio for what it means.
What stands out
- Cash Cushion Ratio: Debt, after subtracting cash, is 1.0 times its market value (net debt). Lower than 93% of Technology companies in United States.
- Tangible Net Worth Ratio: Goodwill and other intangibles are larger than its whole net worth, so its tangible net worth is negative. Less tangible than 85% of Technology companies in United States.
Where $100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
8.5×Over the last 3 years its own operating cash covered its investment spending (capex) 8.5 times.
Higher than 76% of Technology companies in United States.
Cash Locked Ratio
$19For every $100 of sales, $19 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $27 tied up three years earlier.
Less money tied up than 64% of Technology companies in United States.
Growth quality
Steadiness Ratio
1/3 · 2/3Sales grew in 1 of the last 3 years; profit grew in 2 of 3.
Less steady than 66% of Technology companies in United States.
Growth Efficiency Ratio
—Sales fell 22%
Sales fell 22% in 3 years, so extra profit per extra sales cannot be measured.
Asset Productivity Ratio
-22% / -15%In 3 years sales changed by -22% while total assets changed by -15%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
9.9×Debt due within a year is covered 9.9 times by its yearly operating cash.
Higher than 65% of Technology companies in United States.
Cash Cushion Ratio
1.0× debtDebt, after subtracting cash, is 1.0 times its market value (net debt).
Lower than 93% of Technology companies in United States.
Tangible Assets Ratio
74%Of every $100 the company owns, $74 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 51% of Technology companies in United States.
Tangible Net Worth Ratio
NegativeGoodwill and other intangibles are larger than its whole net worth, so its tangible net worth is negative.
Less tangible than 85% of Technology companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (13)
Array Technologies, Inc. made a loss over the last year. Array Technologies, Inc. owes $0.81 for every $1 it owns. Array Technologies, Inc. made a loss in each of the last two years.
Compared with Technology companies in United States · latest annual results Dec 2025.
P/E ratio
LossArray Technologies, Inc. made a loss over the last year, so its P/E ratio is not meaningful.
P/B ratio
1.71The share price is 1.71 times Array Technologies, Inc.'s book value per share, lower than 72% of Technology companies in United States.
Market cap
$508 MThe total market value of all of Array Technologies, Inc.'s shares at today's price (share price × number of shares), smaller than 62% of Technology companies in United States. PosiCap size class: Mini Cap.
Net worth (book value)
$296 MWhat Array Technologies, Inc. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
$1.92Net worth divided by the number of shares. The share price of $3.30 is 1.7 times this, which is the P/B above.
Return on equity (ROE)
-26.0%Array Technologies, Inc. lost 26.0% of its shareholders' money over the last year, lower than 75% of Technology companies in United States.
Owes vs Owns
0.81×Array Technologies, Inc. owes $0.81 for every $1 it owns (high), higher than 83% of Technology companies in United States.
Dividend yield
NoneArray Technologies, Inc. does not currently pay a dividend.
Revenue growth
+40%Revenue rose 40% in the year to Dec 2025, and shrank 8% a year on average over 3 years.
Profit growth
LossArray Technologies, Inc. made a loss in each of the last two years.
Profit margin
-4.1%Array Technologies, Inc. lost $4 for every $100 of revenue.
Interest cover
2.7×Array Technologies, Inc.'s operating profit covered its interest costs 2.7 times in the year to Dec 2025.
Cash vs debt
Net debtArray Technologies, Inc. had $522 M more debt than cash (net debt) at Dec 2025.
Questions
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Array Technologies, Inc.: $508 M ÷ $296 M (30 Jun 2026) = 1.7.
What is Array Technologies, Inc.'s return on equity?
Array Technologies, Inc. lost 26.0% of its shareholders' money over the last year, lower than 75% of Technology companies in United States.
How much does Array Technologies, Inc. owe compared with what it owns?
Array Technologies, Inc. owes $0.81 for every $1 it owns (high), higher than 83% of Technology companies in United States.
Does Array Technologies, Inc. pay a dividend?
No. Array Technologies, Inc. does not currently pay a dividend.
Is Array Technologies, Inc.'s revenue growing?
Revenue rose 40% in the year to Dec 2025, and shrank 8% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.