Toyo (TOYO) Debt Ratio (2023 - 2026)

Toyo's (TOYO) quarterly Debt Ratio came in at 0.0 in Q1 2026, 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.

  • On a quarterly basis, Debt Ratio changed N/A year-over-year to 0.0 in Q1 2026; TTM through Mar 2026 was 0.0, a N/A change from a year earlier, with the FY2025 full-year figure at 0.08, down 46.16% from the prior year.
  • Debt Ratio slipped to 0.0 in Q1 2026 per TOYO's latest filing, from 0.08 in the prior quarter.
  • Across five years, Debt Ratio topped out at 49603.49 in Q4 2023 and bottomed at 0.0 in Q1 2026.
  • The 4-year median for Debt Ratio is 0.09 (2024), against an average of 8267.31.
  • Across the five-year window, Debt Ratio plunged 100.0% in 2024 and tumbled 46.16% in 2025, its largest moves.
  • Year by year, Debt Ratio stood at 49603.49 in 2023, then sank by 100.0% to 0.15 in 2024, then tumbled by 46.16% to 0.08 in 2025, then tumbled by 96.59% to 0.0 in 2026.
  • Per Business Quant, the three latest TOYO Debt Ratio figures stand at 0.0 (Q1 2026), 0.08 (Q4 2025), and 0.04 (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 0.03
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 0.21
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 0.15
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 0.02
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 0.18
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 0.55
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 0.45
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 0.00

Historic Data

Download Data
DateValue
Mar 31, 2026 0.00
Dec 31, 2025 0.08
Jun 30, 2025 0.04
Dec 31, 2024 0.15
Jun 30, 2024 0.09
Dec 31, 2023 49,603.49