SolarMax Technology (SMXT)

Total debt on the balance sheet as of September 2024 : ₹3.06 Billion

According to SolarMax Technology's latest financial reports the company's total debt is ₹3.06 Billion. 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
2022-12-31	₹3.97 B	9.92%
2021-12-31	₹3.61 B	-14.07%
2020-12-31	₹4.20 B
2018-12-31	₹4.39 B	12.29%
2017-12-31	₹3.91 B	2.75%
2016-12-31	₹3.81 B

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