Solarmax Technology Inc. Common Stock
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Solarmax Technology Inc. Common Stock's balance sheet done over the years? Its assets were worth $48,655,201 last year, which is less than in the previous period. 133% of Solarmax Technology Inc. Common Stock’s total assets is currently financed by debt. Its liabilities reached the amount of $64,543,029, which means an decrease by -23% compared compared to last year.
Debt to Assets
| 2017 | 95034554 | 83.77M | 88.16% |
|---|---|---|---|
| 2023 | 48655201 | 64.54M | 132.65% |
SMXT Balance Sheet (2017 – 2023)
| 2023 | 2017 | |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 2.53M | 26.88M |
Short term investments | 0 | 0 |
Net receivables | 11.62M | 22.75M |
Inventory | 1.34M | 4.50M |
Other current assets | 4.41M | 7.59M |
Total current assets | 19.92M | 54.69M |
Non-current assets: | ||
Property, Plant and Equipment | 5.70M | 2.24M |
Goodwill | 7.58M | 8.24M |
Intangible assets | 0 | 0 |
Long term investments | 9.69M | 28.05M |
Other non-current assets | 5.74M | 1.70M |
Total non-current assets | 28.73M | 40.34M |
Total assets | 48.65M | 95.03M |
Liabilities | ||
| Current liabilities: | ||
Accounts payable | ||
Deferred revenue | 2.43M | 445.38K |
Short term debt | 23.53M | 18.27M |
Total current liabilities | 43.40M | 37.86M |
| Non-current liabilities: | ||
Long term debt | 18.34M | 44.38M |
Deferred tax | 0 | 0 |
Other non-current liabilities | 2.79M | 834.21K |
Total non-current liabilities | 21.14M | 45.90M |
Total liabilities | 64.54M | 83.77M |
| Data source |