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
DateValue
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