Tigo Energy (TYGO) Long-Term Investments (2021 - 2023)
Tigo Energy's (TYGO) quarterly Long-Term Investments came in at $2.0 million in Q4 2023, down 91.99% year-on-year from $24.7 million in Q4 2022, and down 91.96% quarter-over-quarter from $24.6 million in Q1 2023.
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.
- On a quarterly basis, Long-Term Investments fell 91.99% year-over-year to $2.0 million in Q4 2023; TTM through Dec 2023 was $2.0 million, a 91.99% decrease from a year earlier, with the FY2023 full-year figure at $2.0 million, down 91.99% from the prior year.
- Long-Term Investments retreated to $2.0 million in Q4 2023 per TYGO's latest filing, from $24.6 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $117.4 million in Q3 2022 and bottomed at $2.0 million in Q4 2023.
- The 3-year median for Long-Term Investments is $116.7 million (2021), against an average of $79.5 million.
- Across the five-year window, Long-Term Investments gained 0.62% in 2022 and slumped 91.99% in 2023, its largest moves.
- Year by year, Long-Term Investments stood at $116.7 million in 2021, then tumbled by 78.86% to $24.7 million in 2022, then slumped by 91.99% to $2.0 million in 2023.
- Per Business Quant, the three latest TYGO Long-Term Investments figures stand at $2.0 million (Q4 2023), $24.6 million (Q1 2023), and $24.7 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 214.67 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | - |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 129.06 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | - |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | - |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | - |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 289.60 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | - |
| 10 | Tigo Energy | 123.38 Mn | 111.81 Mn | 10.79 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 |