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SolarMax Technology (SolarMax Technology) Market Cap : $580.28 Mil (As of May. 21, 2024)


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What is SolarMax Technology Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). SolarMax Technology's share price for the quarter that ended in Mar. 2024 was $9.15. SolarMax Technology's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 41.46 Mil. Therefore, SolarMax Technology's market cap for the quarter that ended in Mar. 2024 was $379.38 Mil.

SolarMax Technology's quarterly market cap stayed the same from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($0.00 Mil) but then increased from Dec. 2023 ($0.00 Mil) to Mar. 2024 ($379.38 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. SolarMax Technology's Enterprise Value for Today is $591.17 Mil.


SolarMax Technology Market Cap Historical Data

The historical data trend for SolarMax Technology's Market Cap 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 Market Cap Chart

SolarMax Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
Market Cap
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SolarMax Technology Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap 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 - - - - 379.38

Competitive Comparison of SolarMax Technology's Market Cap

For the Solar subindustry, SolarMax Technology's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Semiconductors Industry

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

* The bar in red indicates where SolarMax Technology's Market Cap falls into.



SolarMax Technology Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

SolarMax Technology's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$0*44.5002
=$0.00

SolarMax Technology's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$9.15*41.462
=$379.38

* 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  (NAS:SMXT) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


SolarMax Technology Market Cap Related Terms

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SolarMax Technology (SolarMax Technology) Business Description

Comparable Companies
Traded in Other Exchanges
Address
3080 12th Street, Riverside, CA, USA, 92507
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.

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