Tigo Energy (TYGO) Interest Coverage Ratio (2020 - 2026)
Tigo Energy (TYGO) posted quarterly Interest Coverage Ratio of 0.24 for Q1 2026, up 82.72% year-over-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.
- In Q1 2026, Interest Coverage Ratio rose 82.72% year-over-year to 0.24; the TTM figure through Mar 2026 stood at 0.29 (up 89.12% YoY), while the FY2025 annual figure was 0.41, up 91.03% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 0.24, down from 0.31 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 10.05 in Q1 2023, with the low at 4.71 in Q4 2023.
- The 5-year median for Interest Coverage Ratio is 0.52 (2023), against an average of 0.29.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio surged 123.59% in 2022, then slumped 2681.8% in 2024.
- Tigo Energy's Interest Coverage Ratio stood at 0.79 in 2022, then sank by 696.69% to 4.71 in 2023, then jumped by 42.67% to 2.7 in 2024, then jumped by 111.49% to 0.31 in 2025, then tumbled by 177.12% to 0.24 in 2026.
- Business Quant data shows TYGO's Interest Coverage Ratio at 0.24 in Q1 2026, 0.31 in Q4 2025, and 0.12 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 80.96 |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 157.55 |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -1.30 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 5.39 |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 1.32 |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 6.01 |
| 10 | Tigo Energy | 83.91 Mn | 67.00 Mn | 10.00 Mn | -64.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -64.62 |
| 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 | -4.71 |
| Sep 30, 2023 | -0.52 |
| Jun 30, 2023 | 0.11 |
| Mar 31, 2023 | 10.05 |
| Dec 31, 2022 | 0.79 |
| Sep 30, 2022 | 5.34 |
| Jun 30, 2022 | -1.53 |
| Dec 31, 2021 | -3.35 |
| Dec 31, 2020 | -1.09 |