Tigo Energy (TYGO) Interest Coverage Ratio (2020 - 2026)
Tigo Energy's (TYGO) quarterly Interest Coverage Ratio came in at 0.24 in Q1 2026, up 82.72% year-on-year from 0.13 in Q1 2025, and down 177.12% quarter-over-quarter from 0.31 in Q4 2025.
Tigo Energy (TYGO) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Tigo Energy's Interest Coverage Ratio history runs 7 years deep, the most recent figure standing at 0.24 for Q1 2026.
- On a quarterly basis, Interest Coverage Ratio rose 82.72% year-over-year to 0.24 in Q1 2026; TTM through Mar 2026 was 0.29, a 89.12% increase from a year earlier, with the FY2025 full-year figure at 0.41, up 91.03% from the prior year.
- Interest Coverage Ratio slipped to 0.24 in Q1 2026 per TYGO's latest filing, from 0.31 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 10.05 in Q1 2023 and bottomed at 10.83 in Q4 2023.
- The 5-year median for Interest Coverage Ratio is 0.52 (2023), against an average of 0.67.
- Across the five-year window, Interest Coverage Ratio jumped 126.03% in 2022 and tumbled 2681.8% in 2024, its largest moves.
- Year by year, Interest Coverage Ratio stood at 0.87 in 2022, then sank by 1343.93% to 10.83 in 2023, then surged by 75.07% to 2.7 in 2024, then surged by 111.49% to 0.31 in 2025, then slumped by 177.12% to 0.24 in 2026.
- Per Business Quant, the three latest TYGO Interest Coverage Ratio figures stand at 0.24 (Q1 2026), 0.31 (Q4 2025), and 0.12 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 6.14 |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 5.78 |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -1.04 |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -0.66 |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -0.21 |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 2.66 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.32 |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 0.25 |
| 10 | Tigo Energy | 123.38 Mn | 111.81 Mn | 10.79 Mn | -0.24 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.24 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.12 |
| Jun 30, 2025 | -0.52 |
| Mar 31, 2025 | -1.39 |
| Dec 31, 2024 | -2.70 |
| Sep 30, 2024 | -3.64 |
| Jun 30, 2024 | -2.94 |
| Mar 31, 2024 | -3.22 |
| Dec 31, 2023 | -10.83 |
| Sep 30, 2023 | -0.52 |
| Jun 30, 2023 | 0.11 |
| Mar 31, 2023 | 10.05 |
| Dec 31, 2022 | 0.87 |
| Sep 30, 2022 | 5.34 |
| Jun 30, 2022 | -1.53 |
| Dec 31, 2021 | -3.35 |
| Dec 31, 2020 | -1.09 |