SolarMax Technology SMXT
NASDAQ SMXT
$2.28 -0.24 (-9.86%)
As of: Oct 1, 2026 · 10:01 AM EDT

SolarMax Technology (SMXT) Convertible Debt (2022 - 2026)

Updated

SolarMax Technology's Convertible Debt was $1.32 million in Q1 2026, down 76.2% from $5.56 million a year earlier but up 289.0% from the prior quarter.

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 six straight quarters, with an average decline of 49.3% over the last six quarters.
  • Per Business Quant data, SMXT's Convertible Debt in the three quarters before Q1 2026 was $339,882 (Q4 2025), $4.7 million (Q3 2025) and $4.57 million (Q2 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Quanta Services 96.54 Bn 94.73 Bn 1.55 Bn
2 Ferrovial 38.99 Bn 19.58 Bn -
3 Emcor 33.36 Bn 29.75 Bn 1.02 Bn
4 Mastec 17.15 Bn 16.06 Bn 556.28 Mn
5 Jacobs Solutions 15.84 Bn 10.49 Bn 810.70 Mn
6 Sterling Infrastructure 15.09 Bn 13.45 Bn 289.96 Mn
7 IES Holdings 12.79 Bn 11.66 Bn 340.66 Mn
8 Dycom Industries 8.06 Bn 7.19 Bn -
9 Stantec 7.69 Bn 7.69 Bn -
10 SolarMax Technology 11.10 Mn -8.81 Mn 3.05 Mn
Historic Data

Historic Data

Download Data
DateValue
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_KEY