SMXT (SolarMax Technology) Interest Coverage: 0.32 (As of Mar. 2026) — 57% Below Median


SMXT SolarMax Technology Inc SMXT
17 GF Score
Price $0.31
! 5 Warning Signs
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What is SolarMax Technology Interest Coverage?

SolarMax Technology SMXT -0.06% 17 Interest Coverage is 0.32 as of Mar. 2026, which is 57% below its 10-year median of 0.74. GuruFocus rates SMXT with a GF Score™ of 17/100. The stock has 5 warning signs investors should review. Among 638 Semiconductors companies, SolarMax Technology ranks worse than 156739.66% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. SolarMax Technology's Operating Income for the three months ended in Mar. 2026 was $0.10 Mil. SolarMax Technology's Interest Expense for the three months ended in Mar. 2026 was $-0.30 Mil. SolarMax Technology's interest coverage for the quarter that ended in Mar. 2026 was 0.32. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for SolarMax Technology's Interest Coverage or its related term are showing as below:


SMXT's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.225
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


SolarMax Technology  (NAS:SMXT) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


SolarMax Technology Interest Coverage Related Terms


SolarMax Technology Interest Coverage Historical Data

* Premium members only.

The historical data trend for SolarMax Technology's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

SolarMax Technology Interest Coverage Chart

SolarMax Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.31 0.00 0.00

SolarMax Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.32

SMXT vs ZEO, BEEM, SPRU: Interest Coverage Comparison

For the Solar subindustry, SolarMax Technology's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SolarMax Technology Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, SolarMax Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SolarMax Technology's Interest Coverage falls into.


SMXT
17GF Score
SolarMax Technology Inc SMXT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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SolarMax Technology Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

SolarMax Technology's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, SolarMax Technology's Interest Expense was $-1.37 Mil. Its Operating Income was $-6.30 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.34 Mil.

SolarMax Technology did not have earnings to cover the interest expense.

SolarMax Technology's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, SolarMax Technology's Interest Expense was $-0.30 Mil. Its Operating Income was $0.10 Mil. And its Long-Term Debt & Capital Lease Obligation was $17.20 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.096/-0.298
=0.32

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.32 mean?
SolarMax Technology (SMXT) has a Interest Coverage of 0.32 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SolarMax Technology and its competitors. This is 57% below median its historical median of 0.74. According to the industry distribution chart, SolarMax Technology ranks #999999 out of 638 companies in the Semiconductors industry.
Is SolarMax Technology's Interest Coverage too high?
SolarMax Technology's current Interest Coverage of 0.32 is 57% below median its 10-year median of 0.74. The Semiconductors industry median Interest Coverage is 20.23. SolarMax Technology's value of 0.32 is 98.4% below this industry median. Based on the distribution chart, SolarMax Technology ranks #999999 out of 638 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, SolarMax Technology has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does SolarMax Technology's Interest Coverage compare to ZEO and BEEM?
According to the Semiconductors industry distribution chart, SolarMax Technology ranks #999999 out of 638 companies for Interest Coverage. This places SolarMax Technology in the lower half of its industry. The industry median Interest Coverage is 20.23. SolarMax Technology's value of 0.32 is 98.4% below this benchmark. While the company's 10-year median is 0.74 vs. the industry median of 20.23, SolarMax Technology has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.23, based on 638 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SolarMax Technology's current Interest Coverage of 0.32 is 98.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SolarMax Technology and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SolarMax Technology's current Interest Coverage is 0.32, which is 57% below median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SolarMax Technology stock overvalued right now?
SolarMax Technology (SMXT) has a current Interest Coverage of 0.32. The current Interest Coverage is 0.32, which is 57% below median its 10-year median of 0.74 and 98.4% below the Semiconductors industry median of 20.23. SolarMax Technology's overall GF Score™ is 17/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For SolarMax Technology (SMXT), the current Interest Coverage is 0.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SolarMax Technology Business Description

Other Exchanges 6W1:Germany
Address 3080 12th Street, Riverside, CA, USA, 92507
SolarMax Technology Inc is an integrated solar and renewable energy company. 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, Q-CELL Solar Panels, Panasonic Solar Panels, and others. The company generates a majority of its revenue from solar energy systems.
17GF Score

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