Tigo Energy (TYGO) Non-Current Debt (2022 - 2024)

Tigo Energy (TYGO) recorded quarterly Non-Current Debt of $40.5 million in Q4 2024, up 5.84% quarter-over-quarter from $38.3 million in Q3 2024, and up 28.32% on a YoY basis from $31.6 million in Q1 2024.

Tigo Energy (TYGO) Non-Current Debt (2022 - 2024) Analysis & Trends

Tigo Energy's Non-Current Debt history runs 3 years deep, the most recent figure standing at $40.5 million for Q4 2024.

  • In Q4 2024, Non-Current Debt rose 28.32% year-over-year to $40.5 million; the TTM figure through Dec 2024 stood at $40.5 million (up 28.32% YoY), while the FY2024 annual figure was $40.5 million, up 28.32% from the prior year.
  • Non-Current Debt was $40.5 million for Q4 2024 at Tigo Energy, up from $38.3 million in the prior quarter.
  • In the past five years, Non-Current Debt ranged from a high of $50.0 million in Q3 2023 to a low of $10.6 million in Q4 2022.
  • Historically, Non-Current Debt has averaged $33.5 million across 3 years, with a median of $34.9 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Non-Current Debt surged 196.65% in 2023, then dropped 23.45% in 2024.
  • A 3-year view of Non-Current Debt shows it stood at $10.6 million in 2022, then soared by 196.65% to $31.6 million in 2023, then gained by 28.32% to $40.5 million in 2024.
  • The last three Non-Current Debt figures came in at $40.5 million (Q4 2024), $38.3 million (Q3 2024), and $36.0 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 237.18 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 572.51 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 152.20 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 181.75 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 656.96 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 2.76 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -
10 Skycorp Solar 110.38 Mn 103.60 Mn - 43,725.00

Historic Data

Download Data
DateValue
Dec 31, 2024 40.51 Mn
Dec 31, 2024 40.51 Mn
Sep 30, 2024 38.28 Mn
Sep 30, 2024 38.28 Mn
Jun 30, 2024 36.04 Mn
Jun 30, 2024 36.04 Mn
Mar 31, 2024 33.81 Mn
Mar 31, 2024 33.81 Mn
Dec 31, 2023 31.57 Mn
Dec 31, 2023 31.57 Mn
Sep 30, 2023 50.00 Mn
Sep 30, 2023 50.00 Mn
Jun 30, 2023 27.08 Mn
Jun 30, 2023 27.08 Mn
Dec 31, 2022 10.64 Mn
Dec 31, 2022 10.64 Mn