SolarMax Technology Inc (SMXT)
1.055
0.00 (0.00%)
USD |
NASDAQ |
Nov 14, 12:35
SolarMax Technology Debt to Equity Ratio: -11.37 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | -11.37 |
| March 31, 2024 | -56.90 |
| December 31, 2023 | -2.285 |
| September 30, 2023 | -2.269 |
| June 30, 2023 | -2.107 |
| March 31, 2023 | -2.526 |
| December 31, 2022 | -2.529 |
| September 30, 2022 | -2.441 |
| June 30, 2022 | -2.892 |
| March 31, 2022 | -4.945 |
| December 31, 2021 | -5.745 |
| Date | Value |
|---|---|
| September 30, 2021 | |
| June 30, 2021 | |
| March 31, 2021 | |
| September 30, 2019 | -13.12 |
| June 30, 2019 | -16.09 |
| March 31, 2019 | -44.36 |
| December 31, 2018 | 36.44 |
| September 30, 2018 | 11.74 |
| June 30, 2018 | |
| March 31, 2018 | |
| December 31, 2017 | 5.530 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-56.90
Minimum
Mar 2024
-2.107
Maximum
Jun 2023
-8.728
Average
-2.529
Median
Dec 2022
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 51.09M |
| Total Liabilities (Quarterly) | 53.91M |
| Shareholders Equity (Quarterly) | -2.814M |
| Current Ratio | 0.708 |
| Net Debt Paydown Yield | 0.88% |