Tigo Energy (TYGO) Long-Term Investments (2021 - 2023)
Tigo Energy (TYGO) posted quarterly Long-Term Investments of $2.0 million for Q4 2023, down 91.99% year-over-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.
- 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 for Q4 2023 stood at $2.0 million, down from $24.6 million in the prior quarter.
- The five-year high for Long-Term Investments was $117.4 million in Q3 2022, with the low 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.
- The sharpest annual moves came in 2022 and 2023: Long-Term Investments grew 0.62% in 2022, then sank 91.99% in 2023.
- Tigo Energy's Long-Term Investments stood at $116.7 million in 2021, then plunged by 78.86% to $24.7 million in 2022, then tumbled by 91.99% to $2.0 million in 2023.
- Business Quant data shows TYGO's Long-Term Investments at $2.0 million in Q4 2023, $24.6 million in Q1 2023, and $24.7 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 214.32 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | - |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | - |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 289.60 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 129.06 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | - |
| 10 | Tigo Energy | 83.91 Mn | 67.00 Mn | 10.00 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 |