Solarmax Technology Common Stock Cash Per Share

SMXT Stock   1.48  0.27  22.31%   
Solarmax Technology Common fundamentals help investors to digest information that contributes to Solarmax Technology's financial success or failures. It also enables traders to predict the movement of Solarmax Stock. The fundamental analysis module provides a way to measure Solarmax Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Solarmax Technology stock.
Last ReportedProjected for Next Year
Cash Per Share 0.06  0.05 
Cash Per Share is likely to drop to 0.05 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Solarmax Technology Common Company Cash Per Share Analysis

Solarmax Technology's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Current Solarmax Technology Cash Per Share

    
  0.0542  
Most of Solarmax Technology's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Solarmax Technology Common is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Solarmax Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Solarmax Technology is extremely important. It helps to project a fair market value of Solarmax Stock properly, considering its historical fundamentals such as Cash Per Share. Since Solarmax Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Solarmax Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Solarmax Technology's interrelated accounts and indicators.
0.78-0.67-0.280.730.830.720.540.790.99-0.290.740.880.940.96-0.940.890.630.8
0.78-0.81-0.741.00.360.160.610.260.68-0.710.940.740.850.85-0.840.840.570.68
-0.67-0.810.54-0.79-0.47-0.27-0.3-0.23-0.620.53-0.79-0.43-0.75-0.70.74-0.79-0.19-0.41
-0.28-0.740.54-0.770.140.43-0.660.21-0.170.51-0.53-0.43-0.49-0.510.46-0.54-0.43-0.47
0.731.0-0.79-0.770.30.10.620.20.63-0.730.940.710.820.81-0.810.820.580.65
0.830.36-0.470.140.30.940.320.950.870.140.360.590.740.71-0.740.730.450.53
0.720.16-0.270.430.10.940.10.930.790.20.240.480.550.54-0.560.510.310.4
0.540.61-0.3-0.660.620.320.10.410.48-0.30.440.760.590.68-0.520.660.930.84
0.790.26-0.230.210.20.950.930.410.840.210.240.680.640.68-0.640.620.570.63
0.990.68-0.62-0.170.630.870.790.480.84-0.190.640.870.880.94-0.890.830.570.79
-0.29-0.710.530.51-0.730.140.2-0.30.21-0.19-0.83-0.33-0.28-0.320.27-0.28-0.31-0.33
0.740.94-0.79-0.530.940.360.240.440.240.64-0.830.630.760.73-0.750.730.480.55
0.880.74-0.43-0.430.710.590.480.760.680.87-0.330.630.790.93-0.780.740.80.97
0.940.85-0.75-0.490.820.740.550.590.640.88-0.280.760.790.94-1.00.980.610.69
0.960.85-0.7-0.510.810.710.540.680.680.94-0.320.730.930.94-0.940.920.680.87
-0.94-0.840.740.46-0.81-0.74-0.56-0.52-0.64-0.890.27-0.75-0.78-1.0-0.94-0.96-0.56-0.67
0.890.84-0.79-0.540.820.730.510.660.620.83-0.280.730.740.980.92-0.960.640.68
0.630.57-0.19-0.430.580.450.310.930.570.57-0.310.480.80.610.68-0.560.640.83
0.80.68-0.41-0.470.650.530.40.840.630.79-0.330.550.970.690.87-0.670.680.83
Click cells to compare fundamentals

Solarmax Cash Per Share Historical Pattern

Today, most investors in Solarmax Technology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Solarmax Technology's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Solarmax Technology cash per share as a starting point in their analysis.
   Solarmax Technology Cash Per Share   
       Timeline  
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Solarmax Common Stock Shares Outstanding

Common Stock Shares Outstanding

50.78 Million

At this time, Solarmax Technology's Common Stock Shares Outstanding is comparatively stable compared to the past year.

Solarmax Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Solarmax Technology's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Solarmax Technology could also be used in its relative valuation, which is a method of valuing Solarmax Technology by comparing valuation metrics of similar companies.
Solarmax Technology is currently under evaluation in cash per share category among its peers.

Solarmax Fundamentals

About Solarmax Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Solarmax Technology Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solarmax Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solarmax Technology Common based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.