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% quarter-over-quarter 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.
- Short term Debt for Q1 2026 came in at $18.1 million, up 145.97% year-over-year; the trailing twelve-month figure through Mar 2026 was $18.1 million (up 145.97% YoY), and the FY2025 annual result was $5.5 million, up 89.66% from the prior year.
- Short term Debt climbed to $18.1 million in Q1 2026 per SMXT's latest filing, from $5.5 million in the prior quarter.
- Over five years, Short term Debt peaked at $19.9 million in Q3 2024 and troughed at $2.0 million in Q4 2023.
- A 5-year average of $7.5 million and a median of $5.5 million in 2025 frame the typical range for Short term Debt.
- On a YoY basis, Short term Debt climbed as much as 153.75% in 2025 and fell as far as 72.36% in 2025.
- A 5-year view of Short term Debt shows it stood at $2.0 million in 2022, then fell by 1.65% to $2.0 million in 2023, then soared by 45.0% to $2.9 million in 2024, then soared by 89.66% to $5.5 million in 2025, then surged by 229.09% to $18.1 million in 2026.
- Business Quant data shows SMXT's Short term Debt at $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 | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 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 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 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 | 7.36 Mn |
| Mar 31, 2025 | 7.36 Mn |
| Dec 31, 2024 | 2.90 Mn |
| Sep 30, 2024 | 19.90 Mn |
| Jun 30, 2024 | 2.90 Mn |
| Mar 31, 2024 | 9.36 Mn |
| Dec 31, 2023 | 2.00 Mn |
| Dec 31, 2022 | 2.03 Mn |