SolarMax Technology (SMXT) Times Interest Earned (2023 - 2026)
SolarMax Technology (SMXT) posted quarterly Times Interest Earned of $0.24 for Q1 2026, up 108.19% year-over-year from $0.12 in Q1 2025, and up 111.89% quarter-over-quarter from -$2.03 in Q4 2025.
SolarMax Technology (SMXT) Times Interest Earned (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Times Interest Earned for 4 consecutive years, with $0.24 the latest figure, recorded in Q1 2026.
- In Q1 2026, Times Interest Earned rose 108.19% year-over-year to $0.24; the TTM figure through Mar 2026 stood at -$3.09 (up 65.6% YoY), while the FY2025 annual figure was -$4.58, down 247.59% from the prior year.
- Times Interest Earned improved to $0.24 in Q1 2026 per SMXT's latest filing, from -$2.03 in the prior quarter.
- Across five years, Times Interest Earned topped out at $3.32 in Q3 2023 and bottomed at -$41.61 in Q3 2024.
- Historically, Times Interest Earned has averaged -$8.04 across 4 years, with a median of -$2.95 in 2025.
- Annual changes were most pronounced in 2024 — Times Interest Earned tumbled 2610.08% — and 2026, when it soared 108.19%.
- SolarMax Technology's Times Interest Earned stood at -$0.08 in 2023, then sank by 2610.08% to -$2.15 in 2024, then increased by 5.6% to -$2.03 in 2025, then surged by 111.89% to $0.24 in 2026.
- Business Quant data shows SMXT's Times Interest Earned at $0.24 in Q1 2026, -$2.03 in Q4 2025, and -$5.92 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 80.96 |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 157.55 |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -1.30 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 5.39 |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 1.32 |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 6.01 |
| 10 | SolarMax Technology | 16.01 Mn | 11.42 Mn | 3.05 Mn | 0.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | -2.03 |
| Sep 30, 2025 | -5.92 |
| Jun 30, 2025 | -6.96 |
| Mar 31, 2025 | -2.95 |
| Dec 31, 2024 | -2.15 |
| Sep 30, 2024 | -41.61 |
| Jun 30, 2024 | -9.92 |
| Mar 31, 2024 | -34.95 |
| Dec 31, 2023 | -0.08 |
| Sep 30, 2023 | 3.32 |
| Jun 30, 2023 | -3.09 |
| Mar 31, 2023 | 1.51 |