Tigo Energy Inc.
Tigo Energy, Inc., together with its subsidiaries, provides solar and energy storage solutions worldwide. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules for utility, commercial, and residential solar arrays. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities, and energy resilienc… Read more
Tigo Energy Inc. (TYGO) - Net Assets
Latest net assets as of September 2025: $12.05 Million USD
Based on the latest financial reports, Tigo Energy Inc. (TYGO) has net assets worth $12.05 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($107.84 Million) and total liabilities ($95.78 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $12.05 Million |
| % of Total Assets | 11.18% |
| Annual Growth Rate | 223.05% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 43819.5 |
Tigo Energy Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Tigo Energy Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tigo Energy Inc. (2019–2024)
The table below shows the annual net assets of Tigo Energy Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $8.38 Million | -86.65% |
| 2023-12-31 | $62.82 Million | +212.81% |
| 2022-12-31 | $-55.69 Million | -11.62% |
| 2021-12-31 | $-49.90 Million | -139.50% |
| 2020-12-31 | $-20.83 Million | -87725.66% |
| 2019-12-31 | $23.77K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tigo Energy Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 13852477500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.00K | 0.07% |
| Other Comprehensive Income | $2.00K | 0.02% |
| Other Components | $146.90 Million | 1751.97% |
| Total Equity | $8.38 Million | 100.00% |
Tigo Energy Inc. Competitors by Market Cap
The table below lists competitors of Tigo Energy Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rich Development Co Ltd
TWO:5512
|
$120.75 Million |
|
Geo Energy Resources Limited
PINK:GRYRF
|
$120.77 Million |
|
GREAT AJAX CORP. DL -01
F:45R
|
$120.77 Million |
|
Hong Pu Real Estate Development Co Ltd
TW:2536
|
$120.87 Million |
|
Empresas Lipigas S.A.
SN:LIPIGAS
|
$120.71 Million |
|
GOLFZON Co. Ltd
KQ:215000
|
$120.67 Million |
|
Kuang Hong Arts Management
TWO:6596
|
$120.62 Million |
|
Recce Pharmaceuticals Ltd
PINK:RECEF
|
$120.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tigo Energy Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 62,824,000 to 8,385,000, a change of -54,439,000 (-86.7%).
- Net loss of 62,746,000 reduced equity.
- New share issuances of 16,000 increased equity.
- Other comprehensive income increased equity by 61,000.
- Other factors increased equity by 8,230,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-62.75 Million | -748.31% |
| Share Issuances | $16.00K | +0.19% |
| Other Comprehensive Income | $61.00K | +0.73% |
| Other Changes | $8.23 Million | +98.15% |
| Total Change | $- | -86.65% |
Book Value vs Market Value Analysis
This analysis compares Tigo Energy Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 29.75x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 2583.52x to 29.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.00 | $4.14 | x |
| 2020-12-31 | $-1.40 | $4.14 | x |
| 2021-12-31 | $-3.36 | $4.14 | x |
| 2022-12-31 | $-11.27 | $4.14 | x |
| 2023-12-31 | $1.45 | $4.14 | x |
| 2024-12-31 | $0.14 | $4.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tigo Energy Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -748.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -116.17%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 8.70x
- Recent ROE (-748.31%) is below the historical average (-125.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -5.15% | 0.00% | 0.00x | 1.05x | $-3.60K |
| 2020 | 0.00% | -18.62% | 2.07x | 0.00x | $-4.11 Million |
| 2021 | 0.00% | -11.14% | 1.82x | 0.00x | $126.60K |
| 2022 | 0.00% | -8.65% | 0.92x | 0.00x | $-1.47 Million |
| 2023 | -1.57% | -0.68% | 1.14x | 2.03x | $-7.27 Million |
| 2024 | -748.31% | -116.17% | 0.74x | 8.70x | $-63.58 Million |
Industry Comparison
This section compares Tigo Energy Inc.'s net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $424,642,617
- Average return on equity (ROE) among peers: 1.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tigo Energy Inc. (TYGO) | $12.05 Million | -5.15% | 7.95x | $120.71 Million |
| ABCO Energy Inc (ABCE) | $-190.65K | 0.00% | 0.00x | $11.90K |
| Advantagewon Oil Corporation (ANTGF) | $-1.30 Million | 0.00% | 0.00x | $547.13K |
| Advanced Powerline Technologies Inc (APWL) | $6.31 Million | -45.47% | 0.40x | $1.82 |
| Array Technologies Inc (ARRY) | $-25.72 Million | 0.00% | 0.00x | $972.65 Million |
| Ascent Solar Technologies, Inc. Common Stock (ASTI) | $139.62 Million | -9.47% | 0.10x | $18.06 Million |
| Beam Global (BEEM) | $-1.41 Million | 0.00% | 0.00x | $26.89 Million |
| Clear Blue Technologies International Inc (CBUTF) | $-215.24K | 0.00% | 0.00x | $834.08K |
| China Changjiang Mining & New Energy Co Ltd (CHJI) | $924.23K | 64.84% | 0.83x | $2.91K |
| Canadian Solar Inc (CSIQ) | $4.15 Billion | 0.87% | 2.26x | $868.69 Million |
| Complete Solaria, Inc. Common Stock (CSLR) | $-21.39 Million | 0.00% | 0.00x | $89.72 Million |