SolarMax Technology (SMXT) Short term Debt (2022 - 2026)
SolarMax Technology (SMXT) reported Short term Debt of $18.1 million for Q1 2026, up 145.97% year-over-year from $7.4 million in Q1 2025, and up 229.09% on a QoQ basis from $5.5 million in Q4 2025.
SolarMax Technology (SMXT) has 5 years of Short term Debt data on file, last reported at $18.1 million in Q1 2026.
- Quarterly Short term Debt rose 145.97% year-over-year to $18.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $18.1 million (up 145.97% YoY) and the FY2025 annual result came in at $5.5 million, up 89.66% from the prior year.
- Short term Debt improved to $18.1 million in Q1 2026 per SMXT's latest filing, from $5.5 million in the prior quarter.
- Across five years, Short term Debt topped out at $19.9 million in Q3 2024 and bottomed at $2.0 million in Q4 2023.
- The 5-year median for Short term Debt is $5.5 million (2025), against an average of $7.5 million.
- Peak annual rise in Short term Debt reached 153.75% in 2025, while the deepest fall reached 72.36% in 2025.
- Tracing SMXT's Short term Debt over 5 years: stood at $2.0 million in 2022, then dropped by 1.65% to $2.0 million in 2023, then jumped by 45.0% to $2.9 million in 2024, then jumped by 89.66% to $5.5 million in 2025, then soared by 229.09% to $18.1 million in 2026.
- Per Business Quant, the three latest SMXT Short term Debt figures stand at $18.1 million (Q1 2026), $5.5 million (Q4 2025), and $5.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 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 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 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 | 16.50 Mn |
| Jun 30, 2025 | 7.36 Mn |
| Mar 31, 2025 | 2.90 Mn |
| Dec 31, 2024 | 5.36 Mn |
| Sep 30, 2024 | 19.90 Mn |
| Jun 30, 2024 | 6.36 Mn |
| Mar 31, 2024 | 9.36 Mn |
| Dec 31, 2023 | 2.00 Mn |
| Dec 31, 2022 | 2.03 Mn |