SolarMax Technology (SMXT) Interest Coverage Ratio (2024 - 2026)
SolarMax Technology (SMXT) reported Interest Coverage Ratio of 1.79 for Q1 2026, up 157.23% year-over-year from 0.7 in Q1 2025, and up 108.41% quarter-over-quarter from 21.29 in Q4 2025.
SolarMax Technology (SMXT) Interest Coverage Ratio (2024 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 3 years of Interest Coverage Ratio data on file, last reported at 1.79 in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 1.79, up 157.23% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.11 (down 50.37% YoY), and the FY2025 annual result was 22.32, up 77.07% from the prior year.
- Interest Coverage Ratio grew to 1.79 in Q1 2026 per SMXT's latest filing, from 21.29 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 1.79 in Q1 2026 and troughed at 49.12 in Q1 2024.
- A 3-year average of 20.78 and a median of 21.84 in 2025 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2025 and 2026: Interest Coverage Ratio sank 250.26% in 2025, then surged 157.23% in 2026.
- A 3-year view of Interest Coverage Ratio shows it stood at 31.93 in 2024, then soared by 33.33% to 21.29 in 2025, then jumped by 108.41% to 1.79 in 2026.
- Business Quant data shows SMXT's Interest Coverage Ratio at 1.79 in Q1 2026, 21.29 in Q4 2025, and 30.18 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 45.35 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -46.83 |
| 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 | 2.66 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 1.28 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -2,410.00 |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | 1.79 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.79 |
| Dec 31, 2025 | -21.29 |
| Sep 30, 2025 | -30.18 |
| Jun 30, 2025 | -21.84 |
| Mar 31, 2025 | -3.13 |
| Dec 31, 2024 | -31.93 |
| Sep 30, 2024 | -25.10 |
| Jun 30, 2024 | -6.23 |
| Mar 31, 2024 | -49.12 |