SolarMax Technology (SMXT) Debt Ratio (2022 - 2026)
SolarMax Technology's Debt Ratio was 0.33 in Q2 2026, down 65.9% from 0.98 a year earlier and down 4.7% from the prior quarter.
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Analysis
SolarMax Technology (SMXT) Debt Ratio (2022 - 2026) Analysis & Trends
For FY2025, Debt Ratio at SolarMax Technology came in at 0.28, down 51.9% from FY2024.
- In earlier years, Debt Ratio was 0.57 in FY2024 (+3.1%), 0.56 in FY2023 (-18.2%) and 0.68 in FY2022.
- Quarterly Debt Ratio has moved between 0.28 (Q4 2025) and 0.98 (Q2 2025) over five years.
- Compared with a year earlier, Debt Ratio has declined for four straight quarters, with growth averaging 7.1% over the last seven quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q1 2025 (growth of 183.5%); the worst was Q2 2026 (a decline of 65.9%).
- Per Business Quant data, SMXT's Debt Ratio in the three quarters before Q2 2026 was 0.35 (Q1 2026), 0.28 (Q4 2025) and 0.55 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.97 Bn | 88.05 Bn | 1.55 Bn | 0.22 |
| 2 | Ferrovial | 35.96 Bn | 14.21 Bn | - | 0.38 |
| 3 | Emcor | 31.03 Bn | 27.43 Bn | 1.02 Bn | - |
| 4 | Jacobs Solutions | 16.77 Bn | 11.44 Bn | 810.70 Mn | 0.30 |
| 5 | Mastec | 14.08 Bn | 12.87 Bn | 556.28 Mn | 0.25 |
| 6 | Sterling Infrastructure | 12.66 Bn | 10.99 Bn | 289.96 Mn | 0.09 |
| 7 | IES Holdings | 9.42 Bn | 8.28 Bn | 340.66 Mn | - |
| 8 | Stantec | 8.00 Bn | 6.93 Bn | 1.36 Bn | 0.04 |
| 9 | Aecom | 7.66 Bn | 2.78 Bn | -34.04 Mn | 0.23 |
| 10 | SolarMax Technology | 21.86 Mn | 1.71 Mn | 2.41 Mn | 0.39 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.39 |
| Mar 31, 2026 | 0.39 |
| Dec 31, 2025 | 0.28 |
| Sep 30, 2025 | 0.65 |
| Jun 30, 2025 | 1.22 |
| Mar 31, 2025 | 1.22 |
| Dec 31, 2024 | 0.65 |
| Sep 30, 2024 | 0.58 |
| Jun 30, 2024 | 0.84 |
| Mar 31, 2024 | 0.54 |
| Dec 31, 2023 | 0.60 |
| Dec 31, 2022 | 0.71 |
API Access
SolarMax Technology Debt Ratio 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=debt-ratio&ticker=SMXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=SMXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();