Solarmax Total Current Liabilities from 2010 to 2024

SMXT Stock   1.13  0.03  2.73%   
Solarmax Technology Total Current Liabilities yearly trend continues to be comparatively stable with very little volatility. Total Current Liabilities will likely drop to about 41.1 M in 2024. Total Current Liabilities is the total amount of liabilities that Solarmax Technology Common is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2010-12-31
Previous Quarter
43.4 M
Current Value
41.1 M
Quarterly Volatility
11.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Solarmax Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solarmax Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 M, Interest Expense of 1.7 M or Total Revenue of 59.6 M, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0 or Days Sales Outstanding of 141. Solarmax financial statements analysis is a perfect complement when working with Solarmax Technology Valuation or Volatility modules.
  
Check out the analysis of Solarmax Technology Correlation against competitors.

Latest Solarmax Technology's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Solarmax Technology Common over the last few years. Total Current Liabilities is an item on Solarmax Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Solarmax Technology Common are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Solarmax Technology's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Solarmax Technology's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Solarmax Total Current Liabilities Regression Statistics

Arithmetic Mean45,584,820
Geometric Mean44,394,758
Coefficient Of Variation25.72
Mean Deviation9,118,241
Median37,869,817
Standard Deviation11,725,957
Sample Variance137.5T
Range31.5M
R-Value0.44
Mean Square Error119.2T
R-Squared0.19
Significance0.1
Slope1,157,061
Total Sum of Squares1925T

Solarmax Total Current Liabilities History

202441.1 M
202343.4 M
202246.5 M
202148.6 M
201969.3 M
201862.5 M

About Solarmax Technology Financial Statements

Solarmax Technology shareholders use historical fundamental indicators, such as Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although Solarmax Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Solarmax Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Solarmax Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Liabilities43.4 M41.1 M

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Additional Tools for Solarmax Stock Analysis

When running Solarmax Technology's price analysis, check to measure Solarmax Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Solarmax Technology is operating at the current time. Most of Solarmax Technology's value examination focuses on studying past and present price action to predict the probability of Solarmax Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solarmax Technology's price. Additionally, you may evaluate how the addition of Solarmax Technology to your portfolios can decrease your overall portfolio volatility.