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

Tigo Energy's (TYGO) quarterly Non-Current Debt came in at $40.5 million in Q4 2024, up 28.32% year-on-year from $31.6 million in Q1 2024, and up 5.84% quarter-over-quarter from $38.3 million in Q3 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.

  • On a quarterly basis, Non-Current Debt rose 28.32% year-over-year to $40.5 million in Q4 2024; TTM through Dec 2024 was $40.5 million, a 28.32% increase from a year earlier, with the FY2024 full-year figure at $40.5 million, up 28.32% from the prior year.
  • Non-Current Debt rose to $40.5 million in Q4 2024 per TYGO's latest filing, from $38.3 million in the prior quarter.
  • Across five years, Non-Current Debt topped out at $50.0 million in Q3 2023 and bottomed at $10.6 million in Q4 2022.
  • The 3-year median for Non-Current Debt is $34.9 million (2024), against an average of $33.5 million.
  • Across the five-year window, Non-Current Debt jumped 196.65% in 2023 and fell 23.45% in 2024, its largest moves.
  • Year by year, Non-Current Debt 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.
  • Per Business Quant, the three latest TYGO Non-Current Debt figures stand at $40.5 million (Q4 2024), $38.3 million (Q3 2024), and $36.0 million (Q2 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 237.18 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 572.51 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 2.76 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 152.20 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 181.75 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 6.01 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 656.96 Mn
10 Tigo Energy 123.38 Mn 111.81 Mn 10.79 Mn -

Historic Data

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