Tigo Energy (TYGO) Non-Current Debt (2022 - 2024)
Tigo Energy's 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 has reported Non-Current Debt for 3 years, with the latest figure at $40.5 million in Q4 2024.
- For the quarter ending Q4 2024, Non-Current Debt rose 28.32% year-over-year to $40.5 million; the trailing twelve-month figure through Dec 2024 stood at $40.5 million (up 28.32% YoY), and the FY2024 full-year result was $40.5 million, up 28.32% from the prior year.
- Non-Current Debt for Q4 2024 stood at $40.5 million, up from $38.3 million in the prior quarter.
- The five-year high for Non-Current Debt was $50.0 million in Q3 2023, with the low at $10.6 million in Q4 2022.
- Average Non-Current Debt over 3 years is $33.5 million, with a median of $34.9 million recorded in 2024.
- Year-over-year, Non-Current Debt jumped 196.65% in 2023 and fell 23.45% in 2024.
- Tracing TYGO's Non-Current Debt over 3 years: stood at $10.6 million in 2022, then jumped by 196.65% to $31.6 million in 2023, then advanced 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | 237.18 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 2.96 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 572.51 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 152.20 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 181.75 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 656.96 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 2.76 Bn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |