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Array TechnologiesARRY -4.14%70 Equity-to-Asset is 0.19 as of Jun. 2026, which is 21% below its 10-year median of 0.24. 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 1,029 Semiconductors companies, Array Technologies ranks worse than 92.91% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Array Technologies's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $296 Mil. Array Technologies's Total Assets for the quarter that ended in Jun. 2026 was $1,534 Mil.
Therefore, Array Technologies's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.19.
The historical rank and industry rank for Array Technologies's Equity-to-Asset or its related term are showing as below:
ARRY'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.39 Med: 0.24 Max: 0.68
Current: 0.19
During the past 8 years, the highest Equity to Asset Ratio of Array Technologies was 0.68. The lowest was -0.39. And the median was 0.24.
ARRY's Equity-to-Asset is ranked worse than 92.91% of 1029
companies
in the Semiconductors industry
Industry Median: 0.63
vs ARRY: 0.19
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Array Technologies Equity-to-Asset Related Terms
Array Technologies Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Array Technologies's Equity-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.
ARRY vs JKS, CSIQ, TOYO: Equity-to-Asset Comparison
For the Solar subindustry, Array Technologies's Equity-to-Asset, along with its competitors' market caps and Equity-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 Equity-to-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Array Technologies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Array Technologies's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Array Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.19 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Array Technologies and its competitors. This is 21% below median its historical median of 0.24. According to the industry distribution chart, Array Technologies ranks #956 out of 1029 companies in the Semiconductors industry, placing it in the top 92.9%.
Is Array Technologies' Equity-to-Asset too high?
Array Technologies' current Equity-to-Asset of 0.19 is 21% below median its 10-year median of 0.24. The Semiconductors industry median Equity-to-Asset is 0.63. Array Technologies' value of 0.19 is 69.8% below this industry median. Based on the distribution chart, Array Technologies ranks #956 out of 1029 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. 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' Equity-to-Asset compare to JKS and CSIQ?
According to the Semiconductors industry distribution chart, Array Technologies ranks #956 out of 1029 companies for Equity-to-Asset. This places Array Technologies in the lower half of its industry. The industry median Equity-to-Asset is 0.63. Array Technologies' value of 0.19 is 69.8% below this benchmark. While the company's 10-year median is 0.24 vs. the industry median of 0.63, 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 Equity-to-Asset for a Semiconductors company?
The median Equity-to-Asset among Semiconductors companies is 0.63, based on 1,029 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Array Technologies's current Equity-to-Asset of 0.19 is 69.8% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Array Technologies and its competitors. For the Semiconductors industry, the median Equity-to-Asset is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Array Technologies's current Equity-to-Asset is 0.19, which is 21% below median its own 10-year median of 0.24. 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 Equity-to-Asset is 0.19, which is 21% below median its 10-year median of 0.24 and 69.8% below the Semiconductors industry median of 0.63. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Array Technologies (ARRY), the current Equity-to-Asset is 0.19 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:
Equity-to-Asset: 0.19 (21% below median its 10-year median of 0.24)
GF Value™: $8.74 vs. price of $5.31 (39.2% below fair value)
Industry Position: 69.8% below the Semiconductors median (#956 of 1029)
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
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