Tigo Energy (TYGO) Debt Ratio (2022 - 2025)
Tigo Energy's 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 has reported Debt Ratio for 4 years, with the latest figure at 0.44 in Q3 2025.
- For the quarter ending Q3 2025, Debt Ratio rose 12.76% year-over-year to 0.44; the trailing twelve-month figure through Sep 2025 stood at 0.44 (up 12.76% YoY), and the FY2024 full-year result was 0.56, up 124.88% from the prior year.
- Debt Ratio for Q3 2025 stood at 0.44, down from 0.56 in the prior quarter.
- The five-year high for Debt Ratio was 0.61 in Q1 2025, with the low at 0.14 in Q2 2023.
- Average Debt Ratio over 4 years is 0.38, with a median of 0.35 recorded in 2023.
- Year-over-year, Debt Ratio rose 5.42% in 2023 and jumped 146.8% in 2024.
- Tracing TYGO's Debt Ratio over 4 years: stood at 0.23 in 2022, then climbed by 5.42% to 0.25 in 2023, then soared by 124.88% to 0.56 in 2024, then decreased 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 0.03 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 0.35 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 0.21 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 0.02 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 0.18 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 0.45 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 0.15 |
| 10 | Tigo Energy | 288.14 Mn | 276.56 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 |