Array Technologies (ARRY)

Net assets on the balance sheet as of December 2024 : A$0.45 Billion

According to Array Technologies's latest financial reports the company has A$0.45 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
2024-12-31	$A$0.46 B	-48.18%
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$9.18 B	1,934.73%	🇺🇸 USA
Onconova Therapeutics ONTX	A$9.39 M	-97.92%	🇺🇸 USA
Novartis NVS	A$68.94 B	15,177.23%	🇨🇭 Switzerland
Eli Lilly LLY	A$22.29 B	4,841.09%	🇺🇸 USA
AstraZeneca AZN	A$63.86 B	14,050.29%	🇬🇧 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 December 2024 : A$0.45 Billion