Solarmax Technology Inc. Common Stock (SMXT) — 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 shareholders equity of Solarmax Technology Inc. Common Stock for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Solarmax Technology Inc. Common Stock Tangible Net Worth Ratio (2017–2018)
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. Also explore Solarmax Technology Inc. Common Stock (SMXT) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Solarmax Technology Inc. Common Stock (2017–2018)
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 the full company profile including market capitalisation, 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 | — |