SolarMax Technology (SMXT) Convertible Debt (2022 - 2026)
SolarMax Technology's Convertible Debt was $1.73 million in Q2 2026, down 62.2% from $4.57 million a year earlier but up 30.8% from the prior quarter.
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Analysis
SolarMax Technology (SMXT) Convertible Debt (2022 - 2026) Analysis & Trends
At the end of FY2025, Convertible Debt at SolarMax Technology came in at $339,882, down 94.8% from FY2024.
- Convertible Debt has now declined for three consecutive years, with a three-year compound annual growth rate of -70.5% (FY2022 to FY2025).
- In earlier years, Convertible Debt was $6.53 million in FY2024 (-10.2%), $7.27 million in FY2023 (-45.3%) and $13.3 million in FY2022.
- Quarterly Convertible Debt has moved between $339,882 (Q4 2025) and $16.05 million (Q2 2024) over five years.
- Compared with a year earlier, Convertible Debt has declined for seven straight quarters, with an average decline of 51.2% over the last seven quarters.
- The year-over-year decline in Convertible Debt has ranged between 10.2% (Q4 2024) and 94.8% (Q4 2025) over the last five years.
- Per Business Quant data, SMXT's Convertible Debt in the three quarters before Q2 2026 was $1.32 million (Q1 2026), $339,882 (Q4 2025) and $4.7 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 82.48 Bn | 80.56 Bn | 1.55 Bn |
| 2 | Ferrovial | 35.62 Bn | 13.86 Bn | - |
| 3 | Emcor | 29.23 Bn | 25.63 Bn | 1.02 Bn |
| 4 | Jacobs Solutions | 17.21 Bn | 11.87 Bn | 810.70 Mn |
| 5 | Mastec | 13.33 Bn | 12.11 Bn | 556.28 Mn |
| 6 | Sterling Infrastructure | 11.35 Bn | 9.67 Bn | 289.96 Mn |
| 7 | IES Holdings | 8.80 Bn | 7.66 Bn | 340.66 Mn |
| 8 | Stantec | 8.30 Bn | 7.23 Bn | 1.36 Bn |
| 9 | Aecom | 7.80 Bn | 2.92 Bn | -34.04 Mn |
| 10 | SolarMax Technology | 21.67 Mn | 1.52 Mn | 2.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.73 Mn |
| Mar 31, 2026 | 1.32 Mn |
| Dec 31, 2025 | 339,882.00 |
| Sep 30, 2025 | 4.70 Mn |
| Jun 30, 2025 | 4.57 Mn |
| Mar 31, 2025 | 5.56 Mn |
| Dec 31, 2024 | 6.53 Mn |
| Sep 30, 2024 | 6.78 Mn |
| Jun 30, 2024 | 16.05 Mn |
| Mar 31, 2024 | 6.36 Mn |
| Dec 31, 2023 | 7.27 Mn |
| Dec 31, 2022 | 13.30 Mn |
API Access
SolarMax Technology Convertible Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=convertible-debt&ticker=SMXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "ticker": "SMXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=convertible-debt&ticker=SMXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();