SolarMax Technology (SolarMax Technology) Short-Term Capital Lease Obligation : $1.47 Mil (As of Mar. 2024)

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What is SolarMax Technology Short-Term Capital Lease Obligation?

SolarMax Technology's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.47 Mil.

SolarMax Technology's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 ($1.46 Mil) to Dec. 2023 ($1.50 Mil) but then declined from Dec. 2023 ($1.50 Mil) to Mar. 2024 ($1.47 Mil).

SolarMax Technology's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($1.52 Mil) but then declined from Dec. 2022 ($1.52 Mil) to Dec. 2023 ($1.50 Mil).

SolarMax Technology Short-Term Capital Lease Obligation Historical Data

The historical data trend for SolarMax Technology's Short-Term Capital Lease Obligation 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 Short-Term Capital Lease Obligation Chart

SolarMax Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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1.52

1.50

SolarMax Technology Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															1.40	1.43	1.46	1.50	1.47

SolarMax Technology Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

SolarMax Technology Short-Term Capital Lease Obligation Related Terms

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SolarMax Technology (SolarMax Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SolarMax Technology Inc (NAS:SMXT) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

6W1:Germany

Address

3080 12th Street, Riverside, CA, USA, 92507

Website

http://www.solarmaxtech.com

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.

SolarMax Technology (SolarMax Technology) Headlines

From GuruFocus

SolarMax Technology, Inc. Announces Pricing of Initial Public Offering and listing on Nasdaq

By PRNewswire • 02-27-2024