Array Technologies, Inc.’s Current Ratio at a glance
Array Technologies, Inc. reports current ratio of 2.28 for Dec 2024. The prior period recorded 2.48 (Dec 2023). Year over year the metric moved −0.2 (−8%). The rolling three-period average stands at 2.18. Data last refreshed Nov 21, 2025, 12:29 AM.
Latest reading
2.28 · Dec 2024
YoY movement
−0.2 (−8%)
Rolling average
2.18
Current Current Ratio
2.28
−0.2
−8%
Rolling average
2.18
Latest Value
2.28
Dec 2024
YoY Change
−0.2
Absolute
YoY Change %
−8%
Rate of change
3-Period Avg
2.18
Smoothed
Narrative signal
Array Technologies, Inc.’s current ratio stands at 2.28 for Dec 2024. Year-over-year, the metric shifted by −0.2, translating into a −8% rate of change versus the prior period.
Pair this momentum with product cadence, pricing power, and capital allocation moves to understand durability.
Blend with balance sheet, cash flow, and peer benchmarks from AlphaPilot’s broader dashboards to shape an investable thesis.
How current ratio shapes Array Technologies, Inc.'s story
As of Dec 2024, Array Technologies, Inc. reports current ratio of 2.28. Monitor liquidity coverage to understand a company’s ability to meet near-term obligations from working capital.
Reading the current ratio
Ratios above 1.0 indicate more current assets than liabilities. Very high ratios may signal idle capital.
Use with other liquidity metrics
Pair current ratio with quick ratio and cash flow to assess how liquid assets convert to cash.
Valuation Multiples
Compare how the market prices revenue, equity, and operating cash flow versus peers and history.
Profitability & Margins
Understand cost structure and capital efficiency trends across gross, operating, and net results.
Gross Margin
32.5%
Operating Margin
-24.8%
Net Profit Margin
-26.2%
Return on Equity
-83.2%
Return on Assets
-16.9%
Growth Momentum
Track whether top-line, earnings, and free cash flow growth are accelerating or cooling.
Balance Sheet Strength
Evaluate leverage, liquidity, and cash generation capacity that underpin resilience.
Shareholder Returns
Follow dividend sustainability and cash generation relative to market value.
Array Technologies, Inc. (ARRY) FAQs
Answers tailored to Array Technologies, Inc.’s current ratio profile using the latest Financial Modeling Prep data.
What is Array Technologies, Inc.'s current current ratio?
As of Dec 2024, Array Technologies, Inc. reports current ratio of 2.28. This reading reflects the latest filings and price data for ARRY.
How is Array Technologies, Inc.'s current ratio trending year over year?
Year-over-year, the figure shifts by −0.2 (−8%). Pair this context with revenue growth and free cash flow signals to gauge momentum for ARRY.
Why does current ratio matter for Array Technologies, Inc.?
The current ratio compares current assets to current liabilities to assess short-term liquidity. For Array Technologies, Inc., operating within Energy — Solar, tracking this metric helps benchmark management's execution against close competitors.
Is Array Technologies, Inc.'s current ratio above its recent average?
Array Technologies, Inc.'s rolling three-period average sits at 2.18. Comparing the latest reading of 2.28 to that baseline highlights whether momentum is building or fading for ARRY.
How frequently is Array Technologies, Inc.'s current ratio refreshed?
Data for ARRY was last refreshed on Nov 21, 2025, 12:29 AM and updates automatically every 24 hours, keeping your valuation inputs current.