Array Technologies (ARRY)

Net assets on the balance sheet as of September 2024 : NZ$0.81 Billion

According to Array Technologies's latest financial reports the company has NZ$0.81 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	$NZ$0.96 B	44.61%
2022-12-31	$NZ$0.66 B	171.01%
2021-12-31	$NZ$0.24 B	-319.71%
2020-12-31	$-NZ$0.12 Billion	-124.75%
2019-12-31	$NZ$0.45 B	14.92%
2018-12-31	$NZ$0.39 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Amgen AMGN	NZ$13.36 B	1,546.76%	🇺🇸 USA
Onconova Therapeutics ONTX	NZ$10.67 M	-98.68%	🇺🇸 USA
Novartis NVS	NZ$77.12 B	9,404.05%	🇨🇭 Switzerland
Eli Lilly LLY	NZ$25.42 B	3,033.09%	🇺🇸 USA
AstraZeneca AZN	NZ$72.44 B	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 : NZ$0.81 Billion