Array Technologies (ARRY)

Net assets on the balance sheet as of September 2024 : ₹38.95 Billion

According to Array Technologies's latest financial reports the company has ₹38.95 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	$₹50.82 B	44.91%
2022-12-31	$₹35.07 B	180.06%
2021-12-31	$₹12.52 B	-311.67%
2020-12-31	$-₹5.92 Billion	-127.19%
2019-12-31	$₹21.76 B	17.67%
2018-12-31	$₹18.49 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Amgen AMGN	₹641.57 B	1,546.76%	🇺🇸 USA
Onconova Therapeutics ONTX	₹0.51 B	-98.68%	🇺🇸 USA
Novartis NVS	₹3.702 T	9,404.05%	🇨🇭 Switzerland
Eli Lilly LLY	₹1.220 T	3,033.09%	🇺🇸 USA
AstraZeneca AZN	₹3.478 T	8,827.34%	🇬🇧 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 : ₹38.95 Billion