Tigo Energy (TYGO) Debt to Equity (2022 - 2025)
Tigo Energy (TYGO) recorded quarterly Debt to Equity of $3.92 in Q3 2025, down 85.27% quarter-over-quarter from $26.58 in Q2 2025, and up 242.5% on a YoY basis from $1.14 in Q3 2024.
Tigo Energy (TYGO) Debt to Equity (2022 - 2025) Analysis & Trends
Tigo Energy's Debt to Equity history runs 4 years deep, the most recent figure standing at $3.92 for Q3 2025.
- In Q3 2025, Debt to Equity rose 242.5% year-over-year to $3.92; the TTM figure through Sep 2025 stood at $3.92 (up 242.5% YoY), while the FY2024 annual figure was $4.83, up 861.44% from the prior year.
- Debt to Equity was $3.92 for Q3 2025 at Tigo Energy, down from $26.58 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $26.58 in Q2 2025 to a low of -$0.37 in Q4 2022.
- Historically, Debt to Equity has averaged $4.63 across 4 years, with a median of $0.91 in 2023.
- The sharpest annual moves came in 2024 and 2025: Debt to Equity slipped 11.1% in 2024, then soared 3200.2% in 2025.
- A 4-year view of Debt to Equity shows it stood at -$0.37 in 2022, then surged by 235.58% to $0.5 in 2023, then surged by 861.44% to $4.83 in 2024, then retreated by 18.93% to $3.92 in 2025.
- The last three Debt to Equity figures came in at $3.92 (Q3 2025), $26.58 (Q2 2025), and $11.32 (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 0.04 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 0.52 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 0.13 |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 0.30 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -3.11 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 0.09 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 3.92 |
| Jun 30, 2025 | 26.58 |
| Mar 31, 2025 | 11.32 |
| Dec 31, 2024 | 4.83 |
| Sep 30, 2024 | 1.14 |
| Jun 30, 2024 | 0.81 |
| Mar 31, 2024 | 0.62 |
| Dec 31, 2023 | 0.50 |
| Sep 30, 2023 | 0.66 |
| Jun 30, 2023 | 0.91 |
| Dec 31, 2022 | -0.37 |