SolarMax Technology (SMXT) Goodwill (2022 - 2024)
SolarMax Technology's (SMXT) quarterly Goodwill came in at $7.4 million in Q2 2024, down 0.63% on a QoQ basis from $7.4 million in Q1 2024.
SolarMax Technology (SMXT) Goodwill (2022 - 2024) Analysis & Trends
SolarMax Technology (SMXT) has 3 years of Goodwill data on file, last reported at $7.4 million in Q2 2024.
- On a quarterly basis, Goodwill changed N/A year-over-year to $7.4 million in Q2 2024; TTM through Jun 2024 was $7.4 million, a N/A change from a year earlier, with the FY2023 full-year figure at $7.6 million, down 2.44% from the prior year.
- Goodwill for Q2 2024 stood at $7.4 million, down from $7.4 million in the prior quarter.
- Over the last five years, Goodwill for SMXT reached as high as $7.8 million in Q4 2022 and fell as low as $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.
- Year by year, Goodwill stood at $7.8 million in 2022, then dropped by 2.44% to $7.6 million in 2023, then slipped by 2.69% to $7.4 million in 2024.
- Per Business Quant data, the three most recent Goodwill figures were $7.4 million in Q2 2024, $7.4 million in Q1 2024, and $7.6 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 Mn | 3.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 7.38 Mn |
| Mar 31, 2024 | 7.43 Mn |
| Dec 31, 2023 | 7.58 Mn |
| Dec 31, 2022 | 7.77 Mn |