Array Technologies (ARRY)

Net assets on the balance sheet as of September 2024 : HK$3.55 Billion

According to Array Technologies's latest financial reports the company has HK$3.55 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	$HK$4.76 B	43.98%
2022-12-31	$HK$3.31 B	152.41%
2021-12-31	$HK$1.31 B	-309.2%
2020-12-31	$-HK$0.63 Billion	-126.39%
2019-12-31	$HK$2.37 B	14.75%
2018-12-31	$HK$2.07 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Amgen AMGN	HK$45.69 B	1,185.77%	🇺🇸 USA
Onconova Therapeutics ONTX	HK$46.76 M	-98.68%	🇺🇸 USA
Novartis NVS	HK$343.08 B	9,553.91%	🇨🇭 Switzerland
Eli Lilly LLY	HK$110.96 B	3,022.35%	🇺🇸 USA
AstraZeneca AZN	HK$317.77 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 : HK$3.55 Billion