ARRY (Array Technologies) Debt-to-Asset : 0.49 (As of Jun. 2026)

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ARRY Array Technologies Inc ARRY
61 GF Score
Price $4.67
GF Value $8.81
Valuation Possible Value Trap
! 3 Warning Signs
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What is Array Technologies Debt-to-Asset?

Array Technologies ARRY -0.11% 61 Debt-to-Asset is 0.49 as of Jun. 2026. GuruFocus rates ARRY with a GF Score™ of 61/100 and a GF Value™ of $8.81 (Possible Value Trap). The stock has 3 warning signs investors should review.

Array Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $7 Mil. Array Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $745 Mil. Array Technologies's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $1,534 Mil. Array Technologies's debt to asset for the quarter that ended in Jun. 2026 was 0.49.


Array Technologies  (NAS:ARRY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Array Technologies Debt-to-Asset Related Terms


Array Technologies Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Array Technologies's Debt-to-Asset 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.

Array Technologies Debt-to-Asset Chart

Array Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial 0.63 0.45 0.43 0.49 0.53

Array Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.42 0.53 0.52 0.49

ARRY vs JKS, CSIQ, TOYO: Debt-to-Asset Comparison

For the Solar subindustry, Array Technologies's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Debt-to-Asset vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Array Technologies's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Array Technologies's Debt-to-Asset falls into.


ARRY
61GF Score
Array Technologies Inc ARRY
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Array Technologies Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Array Technologies's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(17.977 + 748.216) / 1451.792
=0.53

Array Technologies's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(7.411 + 745.475) / 1534.036
=0.49

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.49 mean?
Array Technologies (ARRY) has a Debt-to-Asset of 0.49 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Array Technologies and its competitors.
Is Array Technologies' Debt-to-Asset too high?
Array Technologies' current Debt-to-Asset is 0.49. Overall, Array Technologies has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Array Technologies' Debt-to-Asset compare to JKS and CSIQ?
Array Technologies' Debt-to-Asset of 0.49 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Semiconductors company?
A good Debt-to-Asset depends on the Semiconductors industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Array Technologies and its competitors. Array Technologies's current Debt-to-Asset is 0.49. 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 $8.81, compared to a current price of $4.67 — trading 46.9% below its estimated fair value. The current Debt-to-Asset is 0.49. Array Technologies' overall GF Score™ is 61/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Array Technologies (ARRY), the current Debt-to-Asset is 0.49 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 $4.67 is trading 46.9% below its estimated GF Value™ of $8.81. GuruFocus considers Array Technologies to be Possible Value Trap.

Key valuation signals for ARRY:

  • Debt-to-Asset: 0.49
  • GF Value™: $8.81 vs. price of $4.67 (46.9% below fair value)
  • GF Score™: 61/100 with 3 warning signs

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 Business Description

Other Exchanges 9AY:Germany
Address 3901 Midway Place NE, Albuquerque, NM, USA, 87109
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.
61GF Score

Get the complete analysis for ARRY

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.67
Price
$8.81
GF Value