SolarMax Technology (SMXT) Goodwill & Intangibles (2022 - 2024)

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

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

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

  • Goodwill & Intangibles for Q2 2024 came in at $7.4 million, changed N/A year-over-year; the trailing twelve-month figure through Jun 2024 was $7.4 million (changed N/A YoY), and the FY2023 annual result was $7.6 million, down 2.44% from the prior year.
  • Goodwill & Intangibles declined to $7.4 million in Q2 2024 per SMXT's latest filing, from $7.4 million in the prior quarter.
  • Over five years, Goodwill & Intangibles peaked at $7.8 million in Q4 2022 and troughed at $7.4 million in Q2 2024.
  • A 3-year average of $7.5 million and a median of $7.5 million in 2023 frame the typical range for Goodwill & Intangibles.
  • On a YoY basis, Goodwill & Intangibles climbed as much as 2.44% in 2023 and fell as far as 2.44% in 2023.
  • A 3-year view of Goodwill & Intangibles shows it stood at $7.8 million in 2022, then retreated by 2.44% to $7.6 million in 2023, then fell by 2.69% to $7.4 million in 2024.
  • Business Quant data shows SMXT's Goodwill & Intangibles at $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 28.68 Bn 26.25 Bn 486.13 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn
10 SolarMax Technology 21.92 Mn 17.61 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