Tigo Energy (TYGO) Non-Current Debt (2022 - 2024)
Tigo Energy (TYGO) recorded quarterly Non-Current Debt of $40.5 million in Q4 2024, up 5.84% quarter-over-quarter from $38.3 million in Q3 2024, and up 28.32% on a YoY basis from $31.6 million in Q1 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.
- 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 was $40.5 million for Q4 2024 at Tigo Energy, up from $38.3 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $50.0 million in Q3 2023 to a low of $10.6 million in Q4 2022.
- Historically, Non-Current Debt has averaged $33.5 million across 3 years, with a median of $34.9 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Non-Current Debt surged 196.65% in 2023, then dropped 23.45% in 2024.
- A 3-year view of Non-Current Debt shows it 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.
- 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 237.18 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 572.51 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 152.20 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 181.75 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 656.96 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 2.76 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 43,725.00 |
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 |