SolarMax Technology (SMXT)

Total assets on the balance sheet as of September 2024 : $43.04 Million USD

According to SolarMax Technology's latest financial reports the company's total assets are $43.04 Million USD. 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
2022-12-31	$61.47 M	-14.63%
2021-12-31	$72.01 M	-25.09%
2020-12-31	$96.13 M
2018-12-31	$0.11 B	17.06%
2017-12-31	$94.83 M	-3.69%
2016-12-31	$98.47 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 assets