SolarMax Technology (SMXT)

Total debt on the balance sheet as of December 2024 : C$48.26 Million

According to SolarMax Technology's latest financial reports the company's total debt is C$48.26 Million. A company’s total debt is the sum of all current and non-current debts.

SolarMax Technology - Total debt on balance sheet (from 2017 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	C$55.55 M	-14.67%
2022-12-31	C$65.1 M	5.27%
2021-12-31	C$61.84 M	-15.6%
2020-12-31	C$73.28 M
2018-12-31	C$85.69 M	11.1%
2017-12-31	C$77.13 M	2.31%
2016-12-31	C$75.38 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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SolarMax Technology (SMXT) - Total debt