Array Technologies (ARRY)

Net assets on the balance sheet as of September 2024 : A$0.73 Billion

According to Array Technologies's latest financial reports the company has A$0.73 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Array Technologies - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.89 B	43.87%
2022-12-31	$A$0.62 B	168.37%
2021-12-31	$A$0.23 B	-320.59%
2020-12-31	$-A$0.11 Billion	-124.14%
2019-12-31	$A$0.43 B	16.09%
2018-12-31	$A$0.37 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Amgen AMGN	A$9.41 B	1,185.77%	🇺🇸 USA
Onconova Therapeutics ONTX	A$9.64 M	-98.68%	🇺🇸 USA
Novartis NVS	A$70.72 B	9,553.91%	🇨🇭 Switzerland
Eli Lilly LLY	A$22.87 B	3,022.35%	🇺🇸 USA
AstraZeneca AZN	A$65.51 B	8,841.78%	🇬🇧 UK

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Array Technologies (ARRY) - Net assets

Net assets on the balance sheet as of September 2024 : A$0.73 Billion