Tigo Energy (TYGO) Debt Ratio (2021 - 2026)
Tigo Energy (TYGO) posted Debt Ratio of 0.05 for Q2 2026, down 93.92% on a QoQ basis from 0.88 in Q3 2025, and down 95.23% year-over-year from 1.12 in Q2 2025.
Analysis
Tigo Energy (TYGO) Debt Ratio (2021 - 2026) Analysis & Trends
Tigo Energy has reported Debt Ratio for 6 years, with the latest figure at 0.05 in Q2 2026.
- On a quarterly basis, Debt Ratio fell 95.23% year-over-year to 0.05 in Q2 2026; TTM through Jun 2026 was 0.05, a 95.23% decrease from a year earlier, with the FY2024 full-year figure at 0.56, up 124.88% from the prior year.
- Debt Ratio was 0.05 for Q2 2026 at Tigo Energy, down from 0.88 in the prior quarter.
- The five-year high for Debt Ratio was 1.21 in Q1 2025, with the low at 0.01 in Q1 2023.
- Average Debt Ratio over 5 years is 0.46, with a median of 0.35 recorded in 2024.
- The sharpest annual moves came in 2024 and 2026: Debt Ratio soared 3751.26% in 2024, then plunged 95.23% in 2026.
- Over 5 years, Debt Ratio stood at 0.24 in 2022, then advanced by 3.46% to 0.25 in 2023, then soared by 124.88% to 0.56 in 2024, then soared by 57.61% to 0.88 in 2025, then sank by 93.92% to 0.05 in 2026.
- The last three Debt Ratio figures came in at 0.05 (Q2 2026), 0.88 (Q3 2025), and 1.12 (Q2 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 | Tigo Energy | 78.57 Mn | 61.66 Mn | 10.00 Mn | 0.05 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.05 |
| Sep 30, 2025 | 0.88 |
| Jun 30, 2025 | 1.12 |
| Mar 31, 2025 | 1.21 |
| Dec 31, 2024 | 0.56 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.35 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 0.01 |
| Dec 31, 2022 | 0.24 |
| Jun 30, 2021 | 0.65 |