Growth Metrics

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

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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