Toyo TOYO
NASDAQ TOYO
$4.38 +0.04 (+0.92%)
As of: Sep 10, 2026 · 3:59 PM EDT

Toyo (TOYO) Debt Ratio (2023 - 2026)

Toyo (TOYO) posted Debt Ratio of 0.05 for Q2 2026, down 21.41% on a QoQ basis from 0.07 in Q1 2026, and down 62.09% year-over-year from 0.14 in Q2 2025.

Analysis

Toyo (TOYO) Debt Ratio (2023 - 2026) Analysis & Trends

Toyo has reported Debt Ratio for 4 years, with the latest figure at 0.05 in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 62.09% year-over-year to 0.05 in Q2 2026; TTM through Jun 2026 was 0.05, a 62.09% decrease from a year earlier, with the FY2025 full-year figure at 0.15, down 4.54% from the prior year.
  • Debt Ratio was 0.05 for Q2 2026 at Toyo, down from 0.07 in the prior quarter.
  • The five-year high for Debt Ratio was 7.73 in Q1 2025, with the low at 0.05 in Q2 2026.
  • Average Debt Ratio over 4 years is 1.15, with a median of 0.15 recorded in 2024.
  • The sharpest annual moves came in 2025 and 2026: Debt Ratio declined 4.54% in 2025, then sank 99.12% in 2026.
  • Over 4 years, Debt Ratio stood at 0.65 in 2023, then plunged by 76.12% to 0.15 in 2024, then decreased by 4.54% to 0.15 in 2025, then sank by 63.82% to 0.05 in 2026.
  • The last three Debt Ratio figures came in at 0.05 (Q2 2026), 0.07 (Q1 2026), and 0.15 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 0.00
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn -
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 0.20
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn -
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 0.37
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 0.19
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn 0.40
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 0.44
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn 0.31
10 Toyo 131.54 Mn 21.49 Mn 36.97 Mn 0.05
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.05
Mar 31, 2026 0.07
Dec 31, 2025 0.15
Jun 30, 2025 0.14
Mar 31, 2025 7.73
Dec 31, 2024 0.15
Jun 30, 2024 0.23
Dec 31, 2023 0.65