SolarMax Technology (SMXT) Short term Debt (2022 - 2026)
SolarMax Technology's (SMXT) quarterly Short term Debt came in at $18.1 million in Q1 2026, down 13.81% year-on-year from $21.0 million in Q1 2025, and up 229.09% on a QoQ basis from $5.5 million in Q4 2025.
SolarMax Technology (SMXT) Short term Debt (2022 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 5 years of Short term Debt data on file, last reported at $18.1 million in Q1 2026.
- On a quarterly basis, Short term Debt fell 13.81% year-over-year to $18.1 million in Q1 2026; TTM through Mar 2026 was $18.1 million, a 13.81% decrease from a year earlier, with the FY2025 full-year figure at $5.5 million, up 2.64% from the prior year.
- Short term Debt for Q1 2026 stood at $18.1 million, up from $5.5 million in the prior quarter.
- Over the last five years, Short term Debt for SMXT reached as high as $21.0 million in Q1 2025 and fell as low as $2.0 million in Q4 2023.
- Historically, Short term Debt has averaged $10.0 million across 5 years, with a median of $9.2 million in 2024.
- Across the five-year window, Short term Debt sank 80.95% in 2023 and surged 620.69% in 2025, its largest moves.
- Year by year, Short term Debt stood at $10.5 million in 2022, then sank by 80.95% to $2.0 million in 2023, then jumped by 167.93% to $5.4 million in 2024, then gained by 2.64% to $5.5 million in 2025, then surged by 229.09% to $18.1 million in 2026.
- Per Business Quant data, the three most recent Short term Debt figures were $18.1 million in Q1 2026, $5.5 million in Q4 2025, and $5.5 million in Q3 2025.
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| Date | Value |
|---|---|
| Mar 31, 2026 | 18.10 Mn |
| Dec 31, 2025 | 5.50 Mn |
| Sep 30, 2025 | 5.50 Mn |
| Jun 30, 2025 | 20.90 Mn |
| Mar 31, 2025 | 21.00 Mn |
| Dec 31, 2024 | 5.36 Mn |
| Sep 30, 2024 | 9.18 Mn |
| Jun 30, 2024 | 2.90 Mn |
| Mar 31, 2024 | 9.36 Mn |
| Dec 31, 2023 | 2.00 Mn |
| Dec 31, 2022 | 10.50 Mn |