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.

• Debt Ratio for Q1 2026 came in at 0.22, down 32.07% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.22 (down 32.07% YoY), and the FY2025 annual result was 0.12, down 55.12% from the prior year.
• Debt Ratio grew to 0.22 in Q1 2026 per SMXT's latest filing, from 0.12 in the prior quarter.
• Over five years, Debt Ratio peaked at 0.47 in Q3 2024 and troughed at 0.12 in Q4 2025.
• A 5-year average of 0.26 and a median of 0.22 in 2026 frame the typical range for Debt Ratio.
• On a YoY basis, Debt Ratio climbed as much as 79.21% in 2025 and fell as far as 62.07% in 2025.
• A 5-year view of Debt Ratio shows it stood at 0.44 in 2022, then sank by 57.87% to 0.18 in 2023, then jumped by 38.55% to 0.26 in 2024, then slumped by 55.12% to 0.12 in 2025, then jumped by 89.12% to 0.22 in 2026.
• Business Quant data shows SMXT's Debt Ratio at 0.22 in Q1 2026, 0.12 in Q4 2025, and 0.18 in Q3 2025.