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| 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 |