SolarMax Technology SMXT
NASDAQ SMXT
$2.34 -0.08 (-3.31%)
At close: Sep 11, 2026 · 4:00 PM EDT

SolarMax Technology (SMXT) Interest Coverage Ratio (2023 - 2026)

SolarMax Technology's (SMXT) quarterly Interest Coverage Ratio came in at 0.32 in Q1 2026, up 110.32% year-over-year from 0.15 in Q1 2025, and up 107.11% quarter-over-quarter from 4.54 in Q4 2025.

Analysis

SolarMax Technology (SMXT) Interest Coverage Ratio (2023 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has reported Interest Coverage Ratio for 4 consecutive years, with 0.32 the latest figure, recorded in Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 110.32% year-over-year to 0.32 in Q1 2026; TTM through Mar 2026 was 3.9, a 60.71% increase from a year earlier, with the FY2025 full-year figure at 4.61, up 78.2% from the prior year.
  • Interest Coverage Ratio was 0.32 for Q1 2026 at SolarMax Technology, up from 4.54 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 0.32 in Q1 2026 and troughed at 49.12 in Q1 2024.
  • A 4-year average of 10.33 and a median of 4.71 in 2025 frame the typical range for Interest Coverage Ratio.
  • Across the five-year window, Interest Coverage Ratio tumbled 2453.6% in 2024 and jumped 110.32% in 2026, its largest moves.
  • Over 4 years, Interest Coverage Ratio stood at 0.18 in 2023, then plunged by 2453.6% to 4.52 in 2024, then decreased by 0.39% to 4.54 in 2025, then jumped by 107.11% to 0.32 in 2026.
  • The last three Interest Coverage Ratio figures came in at 0.32 (Q1 2026), 4.54 (Q4 2025), and 5.92 (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Sunrun 2.06 Bn 2.96 Bn 527.54 Mn -
2 SunPower 51.51 Mn 47.41 Mn 24.96 Mn -2.77
3 SUNation Energy 20.84 Mn 17.78 Mn 2.13 Mn -20.09
4 Zeo Energy 18.90 Mn 33.89 Mn 7.62 Mn -92.17
5 SolarMax Technology 11.10 Mn 6.51 Mn 3.05 Mn 0.32
6 Founder 1.80 Mn -28.08 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 0.32
Dec 31, 2025 -4.54
Sep 30, 2025 -5.92
Jun 30, 2025 -4.88
Mar 31, 2025 -3.13
Dec 31, 2024 -4.52
Sep 30, 2024 -25.10
Jun 30, 2024 -6.23
Mar 31, 2024 -49.12
Dec 31, 2023 -0.18