Array Technologies (ARRY)

Net assets on the balance sheet as of September 2024 : S$0.61 Billion

According to Array Technologies's latest financial reports the company has S$0.61 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	$S$0.80 B	41.9%
2022-12-31	$S$0.56 B	149.8%
2021-12-31	$S$0.22 B	-312.54%
2020-12-31	$-S$0.11 Billion	-126.01%
2019-12-31	$S$0.41 B	13.86%
2018-12-31	$S$0.36 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Amgen AMGN	S$10.07 B	1,546.76%	🇺🇸 USA
Onconova Therapeutics ONTX	S$8.05 M	-98.68%	🇺🇸 USA
Novartis NVS	S$58.16 B	9,404.05%	🇨🇭 Switzerland
Eli Lilly LLY	S$19.17 B	3,033.09%	🇺🇸 USA
AstraZeneca AZN	S$54.63 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 : S$0.61 Billion