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| Date | Value |
|---|---|
| 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 |