Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Array TechnologiesARRY -4.14%70 Cash Ratio is 0.76 as of Jun. 2026, which is 58% above its 10-year median of 0.48. GuruFocus rates ARRY with a GF Score™ of 70/100 and a GF Value™ of $8.74 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,022 Semiconductors companies, Array Technologies ranks worse than 59.59% on this metric.
Array Technologies has a Cash Ratio of 0.76. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Array Technologies's Cash Ratio or its related term are showing as below:
ARRY'
s Cash Ratio Range Over the Past 10 Years
Min: -0.08 Med: 0.48 Max: 1.5
Current: 0.76
During the past 8 years, Array Technologies's highest Cash Ratio was 1.50. The lowest was -0.08. And the median was 0.48.
ARRY's Cash Ratio is ranked worse than 59.59% of 1022
companies
in the Semiconductors industry
Industry Median: 1.02
vs ARRY: 0.76
Array Technologies (NAS:ARRY) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Array Technologies Cash Ratio Related Terms
Array Technologies Cash Ratio Historical Data
* Premium members only.
The historical data trend for Array Technologies's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Solar subindustry, Array Technologies's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Array Technologies Cash Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Array Technologies's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Array Technologies's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Array Technologies (ARRY) has a Cash Ratio of 0.76 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Array Technologies and its competitors. This is 58% above median its historical median of 0.48. According to the industry distribution chart, Array Technologies ranks #609 out of 1022 companies in the Semiconductors industry, placing it in the top 59.6%.
Is Array Technologies' Cash Ratio too high?
Array Technologies' current Cash Ratio of 0.76 is 58% above median its 10-year median of 0.48. The Semiconductors industry median Cash Ratio is 1.02. Array Technologies' value of 0.76 is 25.5% below this industry median. Based on the distribution chart, Array Technologies ranks #609 out of 1022 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Array Technologies has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Array Technologies' Cash Ratio compare to JKS and CSIQ?
According to the Semiconductors industry distribution chart, Array Technologies ranks #609 out of 1022 companies for Cash Ratio. This places Array Technologies in the lower half of its industry. The industry median Cash Ratio is 1.02. Array Technologies' value of 0.76 is 25.5% below this benchmark. While the company's 10-year median is 0.48 vs. the industry median of 1.02, Array Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Semiconductors company?
The median Cash Ratio among Semiconductors companies is 1.02, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Array Technologies's current Cash Ratio of 0.76 is 25.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Array Technologies and its competitors. For the Semiconductors industry, the median Cash Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Array Technologies's current Cash Ratio is 0.76, which is 58% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Array Technologies stock overvalued right now?
Based on GuruFocus' analysis, Array Technologies (ARRY) is currently considered Possible Value Trap. The stock's GF Value™ is $8.74, compared to a current price of $5.31 — trading 39.2% below its estimated fair value. The current Cash Ratio is 0.76, which is 58% above median its 10-year median of 0.48 and 25.5% below the Semiconductors industry median of 1.02. Array Technologies' overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Array Technologies (ARRY), the current Cash Ratio is 0.76 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Array Technologies (ARRY) Overvalued in 2026?
Based on GuruFocus' analysis, Array Technologies stock appears to be undervalued.
The current stock price of $5.31 is trading 39.2% below its estimated GF Value™ of $8.74.
GuruFocus considers Array Technologies to be Possible Value Trap.
Key valuation signals for ARRY:
Cash Ratio: 0.76 (58% above median its 10-year median of 0.48)
GF Value™: $8.74 vs. price of $5.31 (39.2% below fair value)
Industry Position: 25.5% below the Semiconductors median (#609 of 1022)
No single metric tells the full story. See the ARRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Array Technologies Inc manufacturer of ground-mounting systems used in solar energy projects. The company's segments include: the Array legacy operating segment (Array Legacy Operations) and the STI Operations operating segment (STI Operations). It derives maximum revenue from the Array legacy operating segment. Its product is an integrated system of steel supports, electric motors, gearboxes, and electronic controllers referred to as a single-axis tracker that moves solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Geographically, the company's operations are in the United States, Australia, Spain, Brazil, and the rest of the world, with the United States deriving the majority of the revenue.
70GF Score
Get the complete analysis for ARRY
Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ARRY has been successfully added to your 
