Growth Metrics

SolarMax Technology (SMXT) Total Debt (2022 - 2025)

SolarMax Technology (SMXT) has disclosed Total Debt for 4 consecutive years, with $5.0 million as the latest value for Q3 2025.

  • On a quarterly basis, Total Debt rose 72.41% to $5.0 million in Q3 2025 year-over-year; TTM through Sep 2025 was $5.0 million, a 72.41% increase, with the full-year FY2024 number at $9.9 million, up 10.0% from a year prior.
  • Total Debt was $5.0 million for Q3 2025 at SolarMax Technology, down from $12.4 million in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $27.0 million in Q4 2022 to a low of $2.9 million in Q3 2024.
  • A 4-year average of $12.1 million and a median of $9.8 million in 2024 define the central range for Total Debt.
  • Peak YoY movement for Total Debt: crashed 66.66% in 2023, then surged 72.41% in 2025.
  • SolarMax Technology's Total Debt stood at $27.0 million in 2022, then plummeted by 66.66% to $9.0 million in 2023, then rose by 10.0% to $9.9 million in 2024, then crashed by 49.49% to $5.0 million in 2025.
  • Per Business Quant, the three most recent readings for SMXT's Total Debt are $5.0 million (Q3 2025), $12.4 million (Q2 2025), and $7.9 million (Q1 2025).