SolarMax Technology (SMXT) Goodwill (2022 - 2024)

SolarMax Technology (SMXT) posted quarterly Goodwill of $7.4 million for Q2 2024, down 0.63% quarter-over-quarter from $7.4 million in Q1 2024.

SolarMax Technology (SMXT) Goodwill (2022 - 2024) Analysis & Trends

SolarMax Technology (SMXT) has reported Goodwill for 3 consecutive years, with $7.4 million the latest figure, recorded in Q2 2024.

In Q2 2024, Goodwill changed N/A year-over-year to $7.4 million; the TTM figure through Jun 2024 stood at $7.4 million (changed N/A YoY), while the FY2023 annual figure was $7.6 million, down 2.44% from the prior year.
Goodwill slipped to $7.4 million in Q2 2024 per SMXT's latest filing, from $7.4 million in the prior quarter.
Across five years, Goodwill topped out at $7.8 million in Q4 2022 and bottomed at $7.4 million in Q2 2024.
Historically, Goodwill has averaged $7.5 million across 3 years, with a median of $7.5 million in 2023.
On a YoY basis, Goodwill climbed as much as 2.44% in 2023 and fell as far as 2.44% in 2023.
SolarMax Technology's Goodwill stood at $7.8 million in 2022, then decreased by 2.44% to $7.6 million in 2023, then retreated by 2.69% to $7.4 million in 2024.
Business Quant data shows SMXT's Goodwill at $7.4 million in Q2 2024, $7.4 million in Q1 2024, and $7.6 million in Q4 2023.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)
1	First Solar	23.03 Bn	21.30 Bn	605.00 Mn
2	Nextpower	13.25 Bn	12.03 Bn	335.85 Mn
3	Enphase Energy	5.07 Bn	4.13 Bn	175.01 Mn
4	Sunrun	2.24 Bn	2.24 Bn	527.54 Mn
5	Solaredge Technologies	1.89 Bn	1.31 Bn	95.15 Mn
6	Shoals Technologies	1.24 Bn	1.22 Bn	49.53 Mn
7	Canadian Solar	991.33 Mn	-596.96 Mn	124.40 Mn
8	JinkoSolar Holding	831.90 Mn	-2.48 Bn	147.66 Mn
9	Array Technologies	727.79 Mn	420.48 Mn	99.60 Mn
10	SolarMax Technology	16.52 Mn	11.93 Mn	3.05 Mn

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