SolarMax Technology (SMXT) Convertible Debt (2022 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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 |
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
import 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();