SolarMax Technology (SMXT)

Total assets on the balance sheet as of September 2024 : S$57.91 Million

According to SolarMax Technology's latest financial reports the company's total assets are S$57.91 Million. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

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

Total assets by year

Year	Total assets	Change
2023-12-31	S$64.25 M	-22.03%
2022-12-31	S$82.41 M	-15.35%
2021-12-31	S$97.35 M	-23.45%
2020-12-31	S$0.12 B
2018-12-31	S$0.15 B	19.57%
2017-12-31	S$0.12 B	-11%
2016-12-31	S$0.14 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 assets