Solarmax Technology Inc. Common Stock Cash Flow Conversion Efficiency
Solarmax Technology Inc. Common Stock cash flow conversion efficiency. Based on the latest financial reports, Solarmax Technology Inc. Common Stock (SMXT) has a cash flow conversion efficiency ratio of 367.037x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-4.19 Billion) by net assets ($-11.41 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Solarmax Technology Inc. Common Stock (2017–2025)
Cash flow conversion efficiency of Solarmax Technology Inc. Common Stock from 2017 to 2025. This chart illustrates how Solarmax Technology Inc. Common Stock's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Solarmax Technology Inc. Common Stock share price for real-time trading data and today's change.
Solarmax Technology Inc. Common Stock Cash Flow Conversion Ratio Explained
Solarmax Technology Inc. Common Stock cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Solarmax Technology Inc. Common Stock Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Solarmax Technology Inc. Common Stock ranked by their cash flow conversion efficiency. Also see Solarmax Technology Inc. Common Stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Elve S.A
AT:ELBE
|
0.030x |
|
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S.
IS:OBASE
|
0.116x |
|
Putprop Ltd
JSE:PPR
|
0.025x |
|
Change Financial Ltd
AU:CCA
|
0.002x |
|
Vikas EcoTech Limited
NSE:VIKASECO
|
-0.032x |
|
MNC Vision Networks PT
JK:IPTV
|
0.015x |
|
Race Eco Chain Limited
NSE:RACE
|
0.039x |
|
Plutus Financial Group Limited Ordinary Shares
NASDAQ:PLUT
|
-0.019x |
Annual Cash Flow Conversion Efficiency for Solarmax Technology Inc. Common Stock (2017–2025)
The table below shows the annual cash flow conversion efficiency of Solarmax Technology Inc. Common Stock from 2017 to 2025. Review cash generation quality of Solarmax Technology Inc. Common Stock to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $-12.21 Million | $498.05K | -0.041x | -106.74% |
| 2024-12-31 | $-15.08 Million | $-9.13 Million | 0.605x | +352.17% |
| 2023-12-31 | $-15.89 Million | $3.81 Million | -0.240x | -297.39% |
| 2022-12-31 | $-16.21 Million | $-1.97 Million | 0.122x | -80.80% |
| 2021-12-31 | $-8.45 Million | $-5.35 Million | 0.633x | -85.13% |
| 2020-12-31 | $-5.44 Million | $-23.17 Million | 4.260x | +145.40% |
| 2018-12-31 | $1.58 Million | $-14.87 Million | -9.384x | -1828.35% |
| 2017-12-31 | $11.26 Million | $-5.48 Million | -0.487x | -- |
About Solarmax Technology Inc. Common Stock
SolarMax Technology, Inc., through its subsidiaries, operates as an integrated solar and renewable energy company in the United States. The company engages in the sale and installation of photovoltaic and battery backup systems; sale of LED systems; and identifying and procuring solar farm projects for resale to third parties, as well as provision of engineering, procuring, and construction servi… Read more