Growth Metrics

SolarMax Technology (SMXT) Goodwill (2022 - 2024)

SolarMax Technology (SMXT) reported Goodwill of $7.4 million for Q2 2024, down 0.63% on a QoQ basis from $7.4 million in Q1 2024.

SolarMax Technology (SMXT) has 3 years of Goodwill data on file, last reported at $7.4 million in Q2 2024.

  • Quarterly Goodwill changed N/A year-over-year to $7.4 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $7.4 million (changed N/A YoY) and the FY2023 annual result came in at $7.6 million, down 2.44% from the prior year.
  • Goodwill fell 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.
  • The 3-year median for Goodwill is $7.5 million (2023), against an average of $7.5 million.
  • Peak annual rise in Goodwill reached 2.44% in 2023, while the deepest fall reached 2.44% in 2023.
  • Tracing SMXT's Goodwill over 3 years: stood at $7.8 million in 2022, then declined by 2.44% to $7.6 million in 2023, then dropped by 2.69% to $7.4 million in 2024.
  • Per Business Quant, the three latest SMXT Goodwill figures stand at $7.4 million (Q2 2024), $7.4 million (Q1 2024), and $7.6 million (Q4 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn
10 SolarMax Technology 30.01 Mn 25.71 Mn 3.05 Mn

Historic Data

Download Data 🔒
DateValue
Jun 30, 2024 7.38 Mn
Mar 31, 2024 7.43 Mn
Dec 31, 2023 7.58 Mn
Dec 31, 2022 7.77 Mn