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% on a QoQ basis from 21.29 in Q4 2025.
SolarMax Technology (SMXT) has 3 years of Interest Coverage Ratio data on file, last reported at 1.79 in Q1 2026.
- Quarterly Interest Coverage Ratio rose 157.23% year-over-year to 1.79 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.11 (down 50.37% YoY) and the FY2025 annual result came in at 22.32, up 77.07% from the prior year.
- Interest Coverage Ratio advanced to 1.79 in Q1 2026 per SMXT's latest filing, from 21.29 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 1.79 in Q1 2026 and bottomed at 49.12 in Q1 2024.
- The 3-year median for Interest Coverage Ratio is 21.84 (2025), against an average of 20.78.
- The widest annual swing landed in 2025, when Interest Coverage Ratio tumbled 250.26%; it then soared 157.23% in 2026.
- Tracing SMXT's Interest Coverage Ratio over 3 years: stood at 31.93 in 2024, then jumped by 33.33% to 21.29 in 2025, then surged by 108.41% to 1.79 in 2026.
- Per Business Quant, the three latest SMXT Interest Coverage Ratio figures stand at 1.79 (Q1 2026), 21.29 (Q4 2025), and 30.18 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 45.35 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.32 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -46.83 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.66 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 1.28 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 Mn | 3.05 Mn | 1.79 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.79 |
| Dec 31, 2025 | -1.11 |
| Sep 30, 2025 | -30.18 |
| Jun 30, 2025 | -4.88 |
| Mar 31, 2025 | -16.07 |
| Dec 31, 2024 | -1.40 |
| Sep 30, 2024 | -25.10 |
| Jun 30, 2024 | -25.81 |
| Mar 31, 2024 | -49.12 |