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

Tigo Energy (TYGO) recorded quarterly Debt Ratio of 0.44 in Q3 2025, down 21.5% quarter-over-quarter from 0.56 in Q2 2025, and up 12.76% on a YoY basis from 0.39 in Q3 2024.

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.

  • In Q3 2025, Debt Ratio rose 12.76% year-over-year to 0.44; the TTM figure through Sep 2025 stood at 0.44 (up 12.76% YoY), while the FY2024 annual figure was 0.56, up 124.88% from the prior year.
  • Debt Ratio was 0.44 for Q3 2025 at Tigo Energy, down from 0.56 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.61 in Q1 2025 to a low of 0.14 in Q2 2023.
  • Historically, Debt Ratio has averaged 0.38 across 4 years, with a median of 0.35 in 2023.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio grew 5.42% in 2023, then surged 146.8% in 2024.
  • A 4-year view of Debt Ratio shows it 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.
  • The last three Debt Ratio figures came in at 0.44 (Q3 2025), 0.56 (Q2 2025), and 0.61 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 0.03
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 0.21
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 0.02
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 0.18
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 0.45
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 0.15
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -
10 Skycorp Solar 110.38 Mn 103.60 Mn - 0.04

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