Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

SolarMax Technology (SMXT) Debt to Equity (2022 - 2025)

SolarMax Technology's Debt to Equity history spans 4 years, with the latest figure at -$0.86 for Q4 2025.

  • Quarterly results put Debt to Equity at -$0.86 for Q4 2025, down 4.92% from a year ago — trailing twelve months through Dec 2025 was -$0.86 (down 4.92% YoY), and the annual figure for FY2025 was -$0.86, down 4.92%.
  • Debt to Equity for Q4 2025 was -$0.86 at SolarMax Technology, up from -$1.83 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of -$0.5 in Q1 2025 to a low of -$16.7 in Q1 2024.
  • The 4-year median for Debt to Equity is -$1.26 (2022), against an average of -$3.04.
  • The sharpest move saw Debt to Equity crashed 44.68% in 2024, then surged 97.02% in 2025.
  • Year by year, Debt to Equity stood at -$1.67 in 2022, then soared by 65.99% to -$0.57 in 2023, then tumbled by 44.68% to -$0.82 in 2024, then fell by 4.92% to -$0.86 in 2025.
  • According to Business Quant data, Debt to Equity over the past three periods came in at -$0.86, -$1.83, and -$0.82 for Q4 2025, Q3 2025, and Q2 2025 respectively.