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| Date | Value |
|---|---|
| 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 |