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) - Total Assets
Latest total assets as of September 2025: $107.84 Million USD
Based on the latest financial reports, Tigo Energy Inc. (TYGO) holds total assets worth $107.84 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Tigo Energy Inc. - Total Assets Trend (2019–2024)
This chart illustrates how Tigo Energy Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tigo Energy Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Tigo Energy Inc.'s total assets of $107.84 Million consist of 73.3% current assets and 26.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.1% |
| Accounts Receivable | $7.98 Million | 10.9% |
| Inventory | $22.00 Million | 30.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.92 Million | 2.6% |
| Goodwill | $12.21 Million | 16.8% |
Asset Composition Trend (2019–2024)
This chart illustrates how Tigo Energy Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tigo Energy Inc.'s current assets represent 73.3% of total assets in 2024, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 16.1% of total assets in 2024, down from 100.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 30.2% of total assets.
Tigo Energy Inc. Competitors by Total Assets
Key competitors of Tigo Energy Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Tigo Energy Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Tigo Energy Inc. generates 0.74x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tigo Energy Inc. is currently not profitable relative to its asset base.
Tigo Energy Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.03 | 3.96 | 0.82 |
| Quick Ratio | 0.70 | 1.60 | 0.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.89 Million | $ 58.81 Million | $ -49.23K |
Tigo Energy Inc. - Advanced Valuation Insights
This section examines the relationship between Tigo Energy Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 22.06 |
| Latest Market Cap to Assets Ratio | 1.66 |
| Asset Growth Rate (YoY) | -42.9% |
| Total Assets | $72.91 Million |
| Market Capitalization | $120.71 Million USD |
Valuation Analysis
Above Book Valuation: The market values Tigo Energy Inc.'s assets above their book value (1.66 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Tigo Energy Inc.'s assets decreased by 42.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tigo Energy Inc. (2019–2024)
The table below shows the annual total assets of Tigo Energy Inc. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $72.91 Million | -42.94% |
| 2023-12-31 | $127.78 Million | +45.07% |
| 2022-12-31 | $88.08 Million | +267.64% |
| 2021-12-31 | $23.96 Million | +48.92% |
| 2020-12-31 | $16.09 Million | +64252.00% |
| 2019-12-31 | $25.00K | -- |