Toyo (TOYWF) Debt to Equity (2023 - 2026)
Toyo (TOYWF) recorded quarterly Debt to Equity of $0.01 in Q1 2026, down 80.2% quarter-over-quarter from $0.05 in Q4 2025.
Toyo (TOYWF) Debt to Equity (2023 - 2026) Analysis & Trends
Toyo's Debt to Equity history runs 4 years deep, the most recent figure standing at $0.01 for Q1 2026.
- In Q1 2026, Debt to Equity changed N/A year-over-year to $0.01; the TTM figure through Mar 2026 stood at $0.01 (changed N/A YoY), while the FY2025 annual figure was $0.05, down 92.13% from the prior year.
- Debt to Equity was $0.01 for Q1 2026 at Toyo, down from $0.05 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $207735.1 in Q4 2023 to a low of $0.01 in Q1 2026.
- Historically, Debt to Equity has averaged $34622.7 across 4 years, with a median of $0.25 in 2025.
- The sharpest annual moves came in 2024 and 2025: Debt to Equity plunged 100.0% in 2024, then slumped 36.75% in 2025.
- A 4-year view of Debt to Equity shows it stood at $207735.1 in 2023, then slumped by 100.0% to $0.62 in 2024, then slumped by 92.13% to $0.05 in 2025, then tumbled by 80.2% to $0.01 in 2026.
- The last three Debt to Equity figures came in at $0.01 (Q1 2026), $0.05 (Q4 2025), and $0.19 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 0.04 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 0.52 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 0.13 |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 0.30 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -3.11 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | Toyo | - | - | 47.76 Mn | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.01 |
| Dec 31, 2025 | 0.05 |
| Jun 30, 2025 | 0.19 |
| Dec 31, 2024 | 0.62 |
| Jun 30, 2024 | 0.31 |
| Dec 31, 2023 | 207,735.06 |