Tigo Energy Balance Sheet Health
Financial Health criteria checks 3/6
Tigo Energy has a total shareholder equity of $44.7M and total debt of $36.0M, which brings its debt-to-equity ratio to 80.6%. Its total assets and total liabilities are $103.3M and $58.6M respectively.
Key information
80.6%
Debt to equity ratio
US$36.04m
Debt
| Interest coverage ratio | n/a |
| Cash | US$20.16m |
| Equity | US$44.74m |
| Total liabilities | US$58.59m |
| Total assets | US$103.33m |
Recent financial health updates
Recent updates
Downgrade: Here's How Analysts See Tigo Energy, Inc. (NASDAQ:TYGO) Performing In The Near Term
Aug 14
Tigo Energy, Inc. (NASDAQ:TYGO) Just Reported And Analysts Have Been Cutting Their Estimates
Aug 09Here's Why Tigo Energy (NASDAQ:TYGO) Can Afford Some Debt
Jun 02Lacklustre Performance Is Driving Tigo Energy, Inc.'s (NASDAQ:TYGO) 30% Price Drop
Mar 23Newsflash: Tigo Energy, Inc. (NASDAQ:TYGO) Analysts Have Been Trimming Their Revenue Forecasts
Jan 23The Market Doesn't Like What It Sees From Tigo Energy, Inc.'s (NASDAQ:TYGO) Revenues Yet As Shares Tumble 28%
Jan 18Tigo Energy (NASDAQ:TYGO) Is Doing The Right Things To Multiply Its Share Price
Jan 07Why Tigo Energy, Inc. (NASDAQ:TYGO) Could Be Worth Watching
Nov 28Why Investors Shouldn't Be Surprised By Tigo Energy, Inc.'s (NASDAQ:TYGO) 46% Share Price Plunge
Nov 10Returns Are Gaining Momentum At Tigo Energy (NASDAQ:TYGO)
Sep 15Financial Position Analysis
Short Term Liabilities: TYGO's short term assets ($83.1M) exceed its short term liabilities ($15.5M).
Long Term Liabilities: TYGO's short term assets ($83.1M) exceed its long term liabilities ($43.1M).
Debt to Equity History and Analysis
Debt Level: TYGO's net debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TYGO's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TYGO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TYGO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.