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| Date | Value |
|---|---|
| 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 |