Tigo Energy (TYGO) Debt Ratio (2022 - 2025)

Tigo Energy's (TYGO) quarterly Debt Ratio came in at 0.44 in Q3 2025, up 12.76% year-on-year from 0.39 in Q3 2024, and down 21.5% quarter-over-quarter from 0.56 in Q2 2025.

Tigo Energy (TYGO) Debt Ratio (2022 - 2025) Analysis & Trends

Tigo Energy's Debt Ratio history runs 4 years deep, the most recent figure standing at 0.44 for Q3 2025.

  • On a quarterly basis, Debt Ratio rose 12.76% year-over-year to 0.44 in Q3 2025; TTM through Sep 2025 was 0.44, a 12.76% increase from a year earlier, with the FY2024 full-year figure at 0.56, up 124.88% from the prior year.
  • Debt Ratio fell to 0.44 in Q3 2025 per TYGO's latest filing, from 0.56 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.61 in Q1 2025 and bottomed at 0.14 in Q2 2023.
  • The 4-year median for Debt Ratio is 0.35 (2023), against an average of 0.38.
  • Across the five-year window, Debt Ratio rose 5.42% in 2023 and jumped 151.29% in 2024, its largest moves.
  • Year by year, Debt Ratio stood at 0.23 in 2022, then advanced by 5.42% to 0.25 in 2023, then surged by 124.88% to 0.56 in 2024, then retreated by 21.2% to 0.44 in 2025.
  • Per Business Quant, the three latest TYGO Debt Ratio figures stand at 0.44 (Q3 2025), 0.56 (Q2 2025), and 0.61 (Q1 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 Tigo Energy 123.38 Mn 111.81 Mn 10.79 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2025 0.44
Jun 30, 2025 0.56
Mar 31, 2025 0.61
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 0.14
Dec 31, 2022 0.23