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
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