Solarmax Technology Inc. Common Stock Working Capital to Net Assets Ratio
Solarmax Technology Inc. Common Stock working capital to net assets ratio. Solarmax Technology Inc. Common Stock (SMXT) has a Working Capital to Net Assets ratio of 184.3% as of March 2026. Working capital of $-21.02 Million (current assets of $77.00 Million minus current liabilities of $98.02 Million) is measured against net assets of $-11.41 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Solarmax Technology Inc. Common Stock tangible book value ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Solarmax Technology Inc. Common Stock (2017–2025)
Working capital to net assets ratio of Solarmax Technology Inc. Common Stock from 2017 to 2025. This chart shows how Solarmax Technology Inc. Common Stock's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 184.3%, reflecting working capital of $-21.02 Million against net assets of $-11.41 Million USD. See defensive interval ratio of Solarmax Technology Inc. Common Stock to measure how many days the company can operate on defensive assets alone.
Solarmax Technology Inc. Common Stock Working Capital to Net Assets Ratio by Year (2017–2025)
Solarmax Technology Inc. Common Stock working capital to net assets ratio by year from 2017 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Solarmax Technology Inc. Common Stock from 2017 to 2025, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Solarmax Technology Inc. Common Stock balance sheet assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 166.8% | $-20.36 Million | $-12.21 Million | $75.35 Million | $95.71 Million | ▲ +75.3 pp |
| 2024 | 91.5% | $-13.79 Million | $-15.08 Million | $20.95 Million | $34.74 Million | ▼ -56.3 pp |
| 2023 | 147.8% | $-23.48 Million | $-15.89 Million | $19.92 Million | $43.40 Million | ▲ +40.3 pp |
| 2022 | 107.5% | $-17.43 Million | $-16.21 Million | $29.09 Million | $46.51 Million | ▲ +34.7 pp |
| 2021 | 72.8% | $-6.15 Million | $-8.45 Million | $42.48 Million | $48.63 Million | ▼ -105.6 pp |
| 2020 | 178.4% | $-9.70 Million | $-5.44 Million | $59.62 Million | $69.32 Million | ▼ -331.0 pp |
| 2018 | 509.4% | $8.07 Million | $1.58 Million | $70.60 Million | $62.53 Million | ▲ +360.0 pp |
| 2017 | 149.5% | $16.82 Million | $11.26 Million | $54.69 Million | $37.87 Million | — |