Toyo (TOYO) Debt Ratio (2023 - 2026)
Toyo (TOYO) posted quarterly Debt Ratio of 0.0 for Q1 2026, down 99.93% year-over-year from 3.87 in Q1 2025, and down 96.59% quarter-over-quarter from 0.08 in Q4 2025.
Toyo (TOYO) Debt Ratio (2023 - 2026) Analysis & Trends
Toyo's Debt Ratio history runs 4 years deep, the most recent figure standing at 0.0 for Q1 2026.
- In Q1 2026, Debt Ratio fell 99.93% year-over-year to 0.0; the TTM figure through Mar 2026 stood at 0.0 (down 99.93% YoY), while the FY2025 annual figure was 0.08, down 46.16% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.0, down from 0.08 in the prior quarter.
- The five-year high for Debt Ratio was 49603.49 in Q4 2023, with the low at 0.0 in Q1 2026.
- The 4-year median for Debt Ratio is 0.15 (2024), against an average of 7086.84.
- The sharpest annual moves came in 2024 and 2025: Debt Ratio tumbled 100.0% in 2024, then slumped 46.16% in 2025.
- Toyo's Debt Ratio stood at 49603.49 in 2023, then slumped by 100.0% to 0.15 in 2024, then plunged by 46.16% to 0.08 in 2025, then plunged by 96.59% to 0.0 in 2026.
- Business Quant data shows TOYO's Debt Ratio at 0.0 in Q1 2026, 0.08 in Q4 2025, and 0.08 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 0.00 |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 0.20 |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 0.62 |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 0.19 |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 0.55 |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 0.15 |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 0.44 |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.00 |
| Dec 31, 2025 | 0.08 |
| Jun 30, 2025 | 0.08 |
| Mar 31, 2025 | 3.87 |
| Dec 31, 2024 | 0.15 |
| Jun 30, 2024 | 0.23 |
| Dec 31, 2023 | 49,603.49 |