SMXT (SolarMax Technology) Interest Expense: $-1.30 Mil (TTM As of Mar. 2026)


SMXT SolarMax Technology Inc SMXT
17 GF Score
Price $0.36
! 5 Warning Signs
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What is SolarMax Technology Interest Expense?

SolarMax Technology SMXT +10.28% 17 Interest Expense is $-1.30 Mil as of Mar. 2026. GuruFocus rates SMXT with a GF Score™ of 17/100. The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SolarMax Technology's interest expense for the three months ended in Mar. 2026 was $ -0.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-1.30 Mil.

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. 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. 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 Expense Explanation

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. The higher, the better.

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

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

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.

SolarMax Technology Interest Expense Historical Data

* Premium members only.

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

SolarMax Technology Interest Expense Chart

SolarMax Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only -2.00 -1.83 -1.58 -1.57 -1.37

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 Expense 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 -0.37 -0.36 -0.36 -0.28 -0.30
SMXT
17GF Score
SolarMax Technology Inc SMXT
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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SolarMax Technology Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.30 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-1.30 Mil mean?
SolarMax Technology (SMXT) has a Interest Expense of $-1.30 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on SolarMax Technology and its competitors.
Is SolarMax Technology's Interest Expense too high?
SolarMax Technology's current Interest Expense is $-1.30 Mil. 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 Expense compare to ZEO and SUNE?
SolarMax Technology's Interest Expense of $-1.30 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Semiconductors company?
A good Interest Expense depends on the Semiconductors industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on SolarMax Technology and its competitors. SolarMax Technology's current Interest Expense is $-1.30 Mil. 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 Expense of $-1.30 Mil. The current Interest Expense is $-1.30 Mil. 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 Expense calculated?
Interest Expense is calculated from a company's financial statements. For SolarMax Technology (SMXT), the current Interest Expense is $-1.30 Mil 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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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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