SMXT (SolarMax Technology) Financial Strength: 3 (As of Mar. 2026) — Near Median

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SMXT SolarMax Technology Inc SMXT
17 GF Score
Price $2.65
! 5 Warning Signs
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What is SolarMax Technology Financial Strength?

SolarMax Technology SMXT -20.61% 17 Financial Strength is 3 as of Mar. 2026, which is at its 10-year median of 3.00. GuruFocus rates SMXT with a GF Score™ of 17/100. The stock has 5 warning signs investors should review.

SolarMax Technology has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

SolarMax Technology Inc displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

SolarMax Technology's Interest Coverage for the quarter that ended in Mar. 2026 was 0.32. SolarMax Technology's debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.61. As of today, SolarMax Technology's Altman Z-Score is -0.80.


SolarMax Technology  (NAS:SMXT) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

SolarMax Technology has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


SolarMax Technology Financial Strength Related Terms


SMXT vs ZEO, BEEM, ASTI: Financial Strength Comparison

For the Solar subindustry, SolarMax Technology's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength vs Semiconductors Industry

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

* The bar in red indicates where SolarMax Technology's Financial Strength falls into.


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

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). 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.

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

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

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

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

SolarMax Technology's Debt to Revenue Ratio for the quarter that ended in Mar. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(19.073 + 17.196) / 59.324
=0.61

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

SolarMax Technology has a Z-score of -0.80, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -0.8 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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 Financial Strength →
What does a Financial Strength of 3 mean?
SolarMax Technology (SMXT) has a Financial Strength of 3 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on SolarMax Technology and its competitors. This is near median its historical median of 3.00. Over the past decade, SolarMax Technology's Financial Strength has ranged from 1.00 to 4.00.
Is SolarMax Technology's Financial Strength too high?
SolarMax Technology's current Financial Strength of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.00. 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 Financial Strength compare to ZEO and BEEM?
SolarMax Technology's Financial Strength of 3 can be compared against companies in the Semiconductors industry. Historically, SolarMax Technology's own Financial Strength has ranged from 1.00 to 4.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Semiconductors company?
A good Financial Strength depends on the Semiconductors industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on SolarMax Technology and its competitors. SolarMax Technology's current Financial Strength is 3, which is near median its own 10-year median of 3.00. 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 Financial Strength of 3. The current Financial Strength is 3, which is near median its 10-year median of 3.00. 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 Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For SolarMax Technology (SMXT), the current Financial Strength is 3 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

Get the complete analysis for SMXT

Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.65
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