Tigo Energy (TYGO) Non-Current Debt (2022 - 2026)
Tigo Energy (TYGO) posted quarterly Non-Current Debt of $40.5 million for Q4 2024, up 28.32% year-over-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 - 2026) 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 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.
- The 3-year median for Non-Current Debt is $34.9 million (2024), against an average of $33.5 million.
- The sharpest annual moves came in 2023 and 2024: Non-Current Debt jumped 196.65% in 2023, then slipped 23.45% in 2024.
- Tigo Energy's Non-Current Debt stood at $10.6 million in 2022, then surged by 196.65% to $31.6 million in 2023, then rose by 28.32% to $40.5 million in 2024.
- Business Quant data shows TYGO's Non-Current Debt at $40.5 million in Q4 2024, $38.3 million in Q3 2024, and $36.0 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | - |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 572.84 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 14.02 Bn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 196.75 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 6.01 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 2.76 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 657.75 Mn |
| 10 | Tigo Energy | 83.15 Mn | 66.23 Mn | 10.00 Mn | 4.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.15 Mn |
| 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 |