Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCommon EquityConvertible DebtCurrent AssetsCurrent LeasesInventoryLiabilities and Shareholders EquityLong-Term InvestmentsNon-Current AssetsNon-Current DebtNon-Current Deferred Tax LiabilityNotes PayablesOperating LeasesOther Non-Current AssetsOther Non-Current LiabilitiesPayablesPrepaid AssetsProperty, Plant & Equipment (Net)ReceivablesRetained EarningsShareholder's EquityShares OutstandingShort term DebtShort-term InvestmentsTotal Current LiabilitiesTotal DebtTotal LiabilitiesTotal Non-Current LiabilitiesTreasury Shares
Cash Flow Statement
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Income Statement
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Ratios

SolarMax Technology (SMXT) Convertible Debt (2022 - 2025)

SolarMax Technology (SMXT) has disclosed Convertible Debt for 4 consecutive years, with $4.7 million as the latest value for Q3 2025.

  • On a quarterly basis, Convertible Debt fell 30.67% to $4.7 million in Q3 2025 year-over-year; TTM through Sep 2025 was $4.7 million, a 30.67% decrease, with the full-year FY2024 number at $6.5 million, down 10.17% from a year prior.
  • Convertible Debt was $4.7 million for Q3 2025 at SolarMax Technology, up from $4.6 million in the prior quarter.
  • In the past five years, Convertible Debt ranged from a high of $16.0 million in Q2 2024 to a low of $4.6 million in Q2 2025.
  • A 4-year average of $7.9 million and a median of $6.5 million in 2024 define the central range for Convertible Debt.
  • Peak YoY movement for Convertible Debt: decreased 10.17% in 2024, then tumbled 71.53% in 2025.
  • SolarMax Technology's Convertible Debt stood at $13.3 million in 2022, then crashed by 45.32% to $7.3 million in 2023, then decreased by 10.17% to $6.5 million in 2024, then fell by 27.97% to $4.7 million in 2025.
  • Per Business Quant, the three most recent readings for SMXT's Convertible Debt are $4.7 million (Q3 2025), $4.6 million (Q2 2025), and $5.6 million (Q1 2025).