SolarMax Technology (SMXT) Debt to Equity (2022 - 2025)
SolarMax Technology (SMXT) has disclosed Debt to Equity for 4 consecutive years, with -$0.42 as the latest value for Q3 2025.
- On a quarterly basis, Debt to Equity fell 60.09% to -$0.42 in Q3 2025 year-over-year; TTM through Sep 2025 was -$0.42, a 60.09% decrease, with the full-year FY2024 number at -$0.66, down 15.9% from a year prior.
- Debt to Equity was -$0.42 for Q3 2025 at SolarMax Technology, up from -$0.82 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of -$0.27 in Q3 2024 to a low of -$16.7 in Q1 2024.
- A 4-year average of -$3.38 and a median of -$0.66 in 2024 define the central range for Debt to Equity.
- Biggest YoY gain for Debt to Equity was 97.02% in 2025; the steepest drop was 60.09% in 2025.
- SolarMax Technology's Debt to Equity stood at -$1.67 in 2022, then surged by 65.99% to -$0.57 in 2023, then fell by 15.9% to -$0.66 in 2024, then soared by 35.35% to -$0.42 in 2025.
- Per Business Quant, the three most recent readings for SMXT's Debt to Equity are -$0.42 (Q3 2025), -$0.82 (Q2 2025), and -$0.5 (Q1 2025).