Toyo (TOYO) Debt to Equity (2023 - 2025)
Toyo's quarterly Debt to Equity came in at $0.56 in Q4 2025, down 10.61% year-on-year from $0.63 in Q4 2024, and down 10.61% quarter-over-quarter from $0.63 in Q4 2024.
Toyo has reported Debt to Equity for 3 years, with the latest figure at $0.56 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity fell 10.61% year-over-year to $0.56; the trailing twelve-month figure through Dec 2025 stood at $0.56 (down 10.61% YoY), and the FY2025 full-year result was $0.56, down 10.61% from the prior year.
- Debt to Equity for Q4 2025 stood at $0.56, down from $0.63 in the prior quarter.
- The five-year high for Debt to Equity was $0.63 in Q4 2024, with the low at $0.21 in Q4 2023.
- Average Debt to Equity over 3 years is $0.46, with a median of $0.56 recorded in 2025.
- Year-over-year, Debt to Equity jumped 201.69% in 2024 and fell 10.61% in 2025.
- Tracing TOYO's Debt to Equity over 3 years: stood at $0.21 in 2023, then jumped by 201.69% to $0.63 in 2024, then retreated by 10.61% to $0.56 in 2025.
- The last three Debt to Equity figures came in at $0.56 (Q4 2025), $0.63 (Q4 2024), and $0.21 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 0.04 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.36 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 0.52 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 0.13 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 0.30 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -3.11 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 0.71 |
| 10 | Toyo | 14,082.60 | -59.56 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.28 |
| Jun 30, 2025 | 0.32 |
| Dec 31, 2024 | 0.62 |
| Jun 30, 2024 | 0.77 |
| Dec 31, 2023 | 207,735.06 |