Growth Metrics

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

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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