Growth Metrics

SolarMax Technology (SMXT) Short term Debt (2022 - 2025)

SolarMax Technology (SMXT) has disclosed Short term Debt for 4 consecutive years, with $7.4 million as the latest value for Q2 2025.

  • On a quarterly basis, Short term Debt fell 58.89% to $7.4 million in Q2 2025 year-over-year; TTM through Jun 2025 was $7.4 million, a 58.89% decrease, with the full-year FY2024 number at $2.9 million, up 45.0% from a year prior.
  • Short term Debt was $7.4 million for Q2 2025 at SolarMax Technology, up from $2.9 million in the prior quarter.
  • In the past five years, Short term Debt ranged from a high of $17.9 million in Q2 2024 to a low of $2.0 million in Q4 2023.
  • A 4-year average of $5.9 million and a median of $2.9 million in 2024 define the central range for Short term Debt.
  • Peak YoY movement for Short term Debt: skyrocketed 45.0% in 2024, then tumbled 69.01% in 2025.
  • SolarMax Technology's Short term Debt stood at $2.0 million in 2022, then dropped by 1.65% to $2.0 million in 2023, then skyrocketed by 45.0% to $2.9 million in 2024, then soared by 153.75% to $7.4 million in 2025.
  • Per Business Quant, the three most recent readings for SMXT's Short term Debt are $7.4 million (Q2 2025), $2.9 million (Q1 2025), and $2.9 million (Q4 2024).