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

SolarMax Technology (SMXT) has 5 years of Debt Ratio data on file, last reported at 0.22 in Q1 2026.

• On a quarterly basis, Debt Ratio fell 67.71% year-over-year to 0.22 in Q1 2026; TTM through Mar 2026 was 0.22, a 67.71% decrease from a year earlier, with the FY2025 full-year figure at 0.12, down 64.05% from the prior year.
• Debt Ratio for Q1 2026 stood at 0.22, up from 0.12 in the prior quarter.
• Over the last five years, Debt Ratio for SMXT reached as high as 0.68 in Q2 2025 and fell as low as 0.12 in Q4 2025.
• Historically, Debt Ratio has averaged 0.3 across 5 years, with a median of 0.19 in 2024.
• Across the five-year window, Debt Ratio surged 277.02% in 2025 and sank 67.71% in 2026, its largest moves.
• Year by year, Debt Ratio stood at 0.19 in 2022, then declined by 4.1% to 0.18 in 2023, then jumped by 72.96% to 0.32 in 2024, then sank by 64.05% to 0.12 in 2025, then jumped by 89.12% to 0.22 in 2026.
• Per Business Quant data, the three most recent Debt Ratio figures were 0.22 in Q1 2026, 0.12 in Q4 2025, and 0.18 in Q3 2025.