Solarmax Technology Inc. Common Stock Tangible Net Worth Ratio
Solarmax Technology Inc. Common Stock tangible net worth ratio. Solarmax Technology Inc. Common Stock (SMXT) has a Tangible Net Worth Ratio of 100.0% as of December 2018. This metric is calculated by deducting intangible assets ($0.00) from net assets ($1.58 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Solarmax Technology Inc. Common Stock balance sheet independence to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Solarmax Technology Inc. Common Stock (2017–2018)
Tangible net worth ratio of Solarmax Technology Inc. Common Stock from 2017 to 2018. This chart shows how Solarmax Technology Inc. Common Stock's Tangible Net Worth Ratio has changed across 2 annual periods from 2017 to 2018. As of December 2018, the ratio stands at 100.0%, reflecting net assets of $1.58 Million with intangible assets of $0.00 USD. See SMXT working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Solarmax Technology Inc. Common Stock Tangible Net Worth Ratio by Year (2017–2018)
Solarmax Technology Inc. Common Stock tangible net worth ratio by year from 2017 to 2018. The table below presents the year-by-year Tangible Net Worth Ratio for Solarmax Technology Inc. Common Stock from 2017 to 2018, covering 2 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see SMXT stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2018 | 100.0% | $1.58 Million | $0.00 | $111.02 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $11.26 Million | $0.00 | $95.03 Million | — |