Tigo Energy (TYGO) Long-Term Investments (2021 - 2023)

Tigo Energy (TYGO) recorded quarterly Long-Term Investments of $2.0 million in Q4 2023, down 91.96% quarter-over-quarter from $24.6 million in Q1 2023, and down 91.99% on a YoY basis from $24.7 million in Q4 2022.

Tigo Energy (TYGO) Long-Term Investments (2021 - 2023) Analysis & Trends

Tigo Energy's Long-Term Investments history runs 3 years deep, the most recent figure standing at $2.0 million for Q4 2023.

  • In Q4 2023, Long-Term Investments fell 91.99% year-over-year to $2.0 million; the TTM figure through Dec 2023 stood at $2.0 million (down 91.99% YoY), while the FY2023 annual figure was $2.0 million, down 91.99% from the prior year.
  • Long-Term Investments was $2.0 million for Q4 2023 at Tigo Energy, down from $24.6 million in the prior quarter.
  • In the past five years, Long-Term Investments ranged from a high of $117.4 million in Q3 2022 to a low of $2.0 million in Q4 2023.
  • Historically, Long-Term Investments has averaged $79.5 million across 3 years, with a median of $116.7 million in 2021.
  • The sharpest annual moves came in 2022 and 2023: Long-Term Investments increased 0.62% in 2022, then slumped 91.99% in 2023.
  • A 3-year view of Long-Term Investments shows it stood at $116.7 million in 2021, then sank by 78.86% to $24.7 million in 2022, then plunged by 91.99% to $2.0 million in 2023.
  • The last three Long-Term Investments figures came in at $2.0 million (Q4 2023), $24.6 million (Q1 2023), and $24.7 million (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Investments (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 214.67 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 129.06 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -
10 Skycorp Solar 110.38 Mn 103.60 Mn - 6.89 Mn

Historic Data

Download Data
DateValue
Dec 31, 2023 1.98 Mn
Mar 31, 2023 24.60 Mn
Dec 31, 2022 24.68 Mn
Sep 30, 2022 117.45 Mn
Jun 30, 2022 116.92 Mn
Mar 31, 2022 116.77 Mn
Dec 31, 2021 116.74 Mn
Sep 30, 2021 116.73 Mn