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

SolarMax Technology (SMXT) has reported Debt Ratio for 5 consecutive years, with 0.35 the latest figure, recorded in Q1 2026.

• On a quarterly basis, Debt Ratio fell 63.23% year-over-year to 0.35 in Q1 2026; TTM through Mar 2026 was 0.35, a 63.23% decrease from a year earlier, with the FY2025 full-year figure at 0.28, down 51.91% from the prior year.
• Debt Ratio was 0.35 for Q1 2026 at SolarMax Technology, up from 0.28 in the prior quarter.
• Over five years, Debt Ratio peaked at 0.98 in Q2 2025 and troughed at 0.28 in Q4 2025.
• A 5-year average of 0.59 and a median of 0.57 in 2024 frame the typical range for Debt Ratio.
• Across the five-year window, Debt Ratio jumped 169.67% in 2025 and sank 63.23% in 2026, its largest moves.
• Over 5 years, Debt Ratio stood at 0.68 in 2022, then decreased by 18.19% to 0.56 in 2023, then gained by 3.08% to 0.57 in 2024, then plunged by 51.91% to 0.28 in 2025, then increased by 26.98% to 0.35 in 2026.
• The last three Debt Ratio figures came in at 0.35 (Q1 2026), 0.28 (Q4 2025), and 0.55 (Q3 2025), per Business Quant data.