Array Digital Infrastructure, Inc. (AD)

AD Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	386	144	150	273	156	1,271
Short-Term Investments	-	-	-	-	-	3
Cash & Short-Term Investments	386	144	150	273	156	1,274
Cash Growth	97.95%	-4.00%	-45.05%	75.00%	-87.76%	347.02%
Accounts Receivable	862	906	903	985	983	928
Other Receivables	61	49	55	91	186	195
Receivables	923	955	958	1,076	1,169	1,123
Inventory	126	179	199	261	173	146
Prepaid Expenses	53	46	57	68	58	51
Restricted Cash	15	15	29	35	43	20
Other Current Assets	6	6	22	36	24	11
Total Current Assets	1,509	1,345	1,415	1,749	1,623	2,625
Property, Plant & Equipment	3,235	3,428	3,491	3,542	3,565	3,390
Long-Term Investments	444	454	461	452	439	435
Other Intangible Assets	4,583	4,579	4,693	4,690	4,088	2,629
Long-Term Accounts Receivable	406	436	484	469	374	339
Long-Term Deferred Charges	129	132	127	131	126	124
Other Long-Term Assets	71	75	79	86	126	139
Total Assets	10,377	10,449	10,750	11,119	10,341	9,681
Accounts Payable	218	242	248	356	360	387
Accrued Expenses	54	137	133	137	134	137
Short-Term Debt	-	-	-	60	-	-
Current Portion of Long-Term Debt	28	22	20	13	3	2
Current Portion of Leases	137	141	135	133	129	116
Current Income Taxes Payable	37	30	32	35	33	48
Other Current Liabilities	334	312	333	461	244	182
Total Current Liabilities	808	884	901	1,195	903	872
Long-Term Debt	2,819	2,833	3,041	3,184	2,725	2,486
Long-Term Leases	825	826	834	846	892	878
Long-Term Deferred Tax Liabilities	719	728	755	708	674	633
Other Long-Term Liabilities	576	570	565	604	573	376
Total Liabilities	5,747	5,841	6,096	6,537	5,767	5,245
Common Stock	88	88	88	88	88	88
Additional Paid-In Capital	1,812	1,783	1,726	1,703	1,678	1,651
Retained Earnings	2,802	2,818	2,892	2,861	2,849	2,739
Treasury Stock	-102	-112	-80	-98	-68	-67
Total Common Equity	4,600	4,577	4,626	4,554	4,547	4,411
Minority Interest	30	31	28	28	27	25
Shareholders' Equity	4,630	4,608	4,654	4,582	4,574	4,436
Total Liabilities & Equity	10,377	10,449	10,750	11,119	10,341	9,681
Total Debt	3,809	3,822	4,030	4,236	3,749	3,482
Net Cash (Debt)	-3,423	-3,678	-3,880	-3,963	-3,593	-2,208
Net Cash Per Share	-39.80	-42.77	-44.60	-46.08	-41.30	-25.38
Filing Date Shares Outstanding	86	85	85	84.69	85.88	86.09
Total Common Shares Outstanding	86	85	85	85	86	86
Working Capital	701	461	514	554	720	1,753
Book Value Per Share	53.49	53.85	54.42	53.58	52.87	51.29
Tangible Book Value	17	-2	-67	-136	459	1,782
Tangible Book Value Per Share	0.20	-0.02	-0.79	-1.60	5.34	20.72
Land	-	47	41	37	37	34
Buildings	-	279	281	281	293	295
Machinery	-	4,363	5,664	5,571	5,497	5,394
Construction In Progress	-	174	167	218	261	317
Leasehold Improvements	-	1,631	1,570	1,504	1,442	1,369

Source: S&P Global Market Intelligence. Standard template. Financial Sources.