SolarMax Technology (SolarMax Technology) Total Stockholders Equity : $-0.59 Mil (As of Mar. 2024)

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What is SolarMax Technology Total Stockholders Equity?

SolarMax Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-0.59 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. SolarMax Technology's Book Value per Share for the quarter that ended in Mar. 2024 was $-0.01. The ratio of a company's debt over equity can be used to measure how leveraged this company is. SolarMax Technology's Debt-to-Equity for the quarter that ended in Mar. 2024 was -64.39.

SolarMax Technology Total Stockholders Equity Historical Data

The historical data trend for SolarMax Technology's Total Stockholders Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SolarMax Technology Total Stockholders Equity Chart

SolarMax Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec20

Dec21

Dec22

Dec23

Total Stockholders Equity

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1.73

-5.22

-8.45

-16.21

-15.89

SolarMax Technology Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Stockholders Equity	Get a 7-Day Free Trial															-15.24	-17.72	-16.30	-15.89	-0.59

SolarMax Technology (NAS:SMXT) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

SolarMax Technology's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(-0.585	-	0)	/	44.9828
	=	-0.01

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

SolarMax Technology's Debt-to-Equity for the quarter that ended in Mar. 2024 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(21.404	+	16.265)	/	-0.585
	=	-64.39

SolarMax Technology Total Stockholders Equity Related Terms

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SolarMax Technology (SolarMax Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SolarMax Technology Inc (NAS:SMXT) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

6W1:Germany

Address

3080 12th Street, Riverside, CA, USA, 92507

Website

http://www.solarmaxtech.com

SolarMax Technology Inc is an integrated solar and renewable energy company. It operates in two segments namely the United States and China. The United States business includes the sale and installation of photovoltaic and battery backup systems. China operations consist of operating and maintaining solar farm projects and identifying and procuring solar farm projects for resale to third parties. Some of its products are LG Solar Panels, QCELL Solar Panels, Panasonic Solar Panels, and others. The company generates a majority of its revenue from the Solar energy systems.

SolarMax Technology (SolarMax Technology) Headlines

From GuruFocus

SolarMax Technology, Inc. Announces Pricing of Initial Public Offering and listing on Nasdaq

By PRNewswire • 02-27-2024