Solarmax Income Quality vs Pfcf Ratio Analysis

SMXT Stock

1.48 0.27 22.31%

Solarmax Technology financial indicator trend analysis is much more than just breaking down Solarmax Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solarmax Technology is a good investment. Please check the relationship between Solarmax Technology Income Quality and its Pfcf Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solarmax Technology Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Income Quality vs Pfcf Ratio

Income Quality vs Pfcf Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solarmax Technology Income Quality account and Pfcf Ratio. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Solarmax Technology's Income Quality and Pfcf Ratio is 0.13. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Solarmax Technology Common, assuming nothing else is changed. The correlation between historical values of Solarmax Technology's Income Quality and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Solarmax Technology Common are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Income Quality i.e., Solarmax Technology's Income Quality and Pfcf Ratio go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

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Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Pfcf Ratio

Most indicators from Solarmax Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solarmax Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solarmax Technology Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

At this time, Solarmax Technology's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 64.11 in 2024, despite the fact that Tax Provision is likely to grow to (61 K).

	2021	2022	2023	2024 (projected)
Interest Expense	2.0M	1.8M	1.6M	1.7M
Depreciation And Amortization	359.9K	1.4M	1.6M	1.0M

Interest Expense Depreciation And Amortization

Solarmax Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Assets
Total Assets		0.94	-0.66	0.16	0.78	-0.27	-0.67	-0.28	0.73	0.83	0.83	0.89	-0.78	0.83	0.72	0.54	-0.41	0.83	0.6	-0.19	-0.72	0.79	0.99	-0.29	0.74	0.63
Short Long Term Debt Total	0.94		-0.81	-0.11	0.92	-0.41	-0.72	-0.5	0.9	0.66	0.94	0.99	-0.75	0.94	0.5	0.65	-0.63	0.94	0.77	-0.43	-0.88	0.6	0.87	-0.51	0.88	0.71
Other Current Liab	-0.66	-0.81		0.5	-0.93	0.46	0.86	0.72	-0.93	-0.31	-0.91	-0.86	0.75	-0.91	-0.09	-0.4	0.69	-0.82	-0.7	0.65	0.79	-0.11	-0.54	0.61	-0.88	-0.34
Total Current Liabilities	0.16	-0.11	0.5		-0.45	0.67	0.3	0.59	-0.5	0.62	-0.33	-0.17	-0.14	-0.33	0.69	0.01	0.36	-0.38	-0.6	0.78	0.46	0.72	0.28	0.78	-0.49	0.12
Total Stockholder Equity	0.78	0.92	-0.93	-0.45		-0.61	-0.81	-0.74	1.0	0.36	0.98	0.92	-0.63	0.98	0.16	0.61	-0.69	0.94	0.86	-0.59	-0.93	0.26	0.68	-0.71	0.94	0.57
Property Plant And Equipment Net	-0.27	-0.41	0.46	0.67	-0.61		0.55	0.43	-0.61	0.12	-0.48	-0.37	-0.1	-0.48	0.16	-0.24	0.5	-0.65	-0.77	0.69	0.55	0.18	-0.22	0.93	-0.71	-0.19
Current Deferred Revenue	-0.67	-0.72	0.86	0.3	-0.81	0.55		0.54	-0.79	-0.47	-0.77	-0.71	0.7	-0.77	-0.27	-0.3	0.65	-0.71	-0.52	0.49	0.55	-0.23	-0.62	0.53	-0.79	-0.19
Net Debt	-0.28	-0.5	0.72	0.59	-0.74	0.43	0.54		-0.77	0.14	-0.75	-0.53	0.28	-0.75	0.43	-0.66	0.6	-0.51	-0.53	0.35	0.69	0.21	-0.17	0.51	-0.53	-0.43
Retained Earnings	0.73	0.9	-0.93	-0.5	1.0	-0.61	-0.79	-0.77		0.3	0.98	0.91	-0.6	0.98	0.1	0.62	-0.73	0.93	0.86	-0.63	-0.94	0.2	0.63	-0.73	0.94	0.58
Accounts Payable	0.83	0.66	-0.31	0.62	0.36	0.12	-0.47	0.14	0.3		0.43	0.61	-0.74	0.43	0.94	0.32	-0.25	0.43	0.11	0.13	-0.23	0.95	0.87	0.14	0.36	0.45
Cash	0.83	0.94	-0.91	-0.33	0.98	-0.48	-0.77	-0.75	0.98	0.43		0.94	-0.69	1.0	0.22	0.68	-0.66	0.91	0.79	-0.47	-0.93	0.36	0.74	-0.59	0.88	0.64
Non Current Assets Total	0.89	0.99	-0.86	-0.17	0.92	-0.37	-0.71	-0.53	0.91	0.61	0.94		-0.77	0.94	0.44	0.63	-0.68	0.93	0.77	-0.51	-0.88	0.53	0.8	-0.53	0.89	0.7
Non Currrent Assets Other	-0.78	-0.75	0.75	-0.14	-0.63	-0.1	0.7	0.28	-0.6	-0.74	-0.69	-0.77		-0.69	-0.58	-0.25	0.38	-0.56	-0.26	0.17	0.48	-0.57	-0.74	0.01	-0.56	-0.28
Cash And Short Term Investments	0.83	0.94	-0.91	-0.33	0.98	-0.48	-0.77	-0.75	0.98	0.43	1.0	0.94	-0.69		0.22	0.68	-0.66	0.91	0.79	-0.47	-0.93	0.36	0.74	-0.59	0.88	0.64
Net Receivables	0.72	0.5	-0.09	0.69	0.16	0.16	-0.27	0.43	0.1	0.94	0.22	0.44	-0.58	0.22		0.1	-0.02	0.32	0.04	0.17	-0.09	0.93	0.79	0.2	0.24	0.31
Good Will	0.54	0.65	-0.4	0.01	0.61	-0.24	-0.3	-0.66	0.62	0.32	0.68	0.63	-0.25	0.68	0.1		-0.63	0.52	0.46	-0.04	-0.64	0.41	0.48	-0.3	0.44	0.93
Common Stock Shares Outstanding	-0.41	-0.63	0.69	0.36	-0.69	0.5	0.65	0.6	-0.73	-0.25	-0.66	-0.68	0.38	-0.66	-0.02	-0.63		-0.61	-0.54	0.64	0.53	-0.1	-0.28	0.64	-0.71	-0.58
Non Current Liabilities Total	0.83	0.94	-0.82	-0.38	0.94	-0.65	-0.71	-0.51	0.93	0.43	0.91	0.93	-0.56	0.91	0.32	0.52	-0.61		0.93	-0.66	-0.93	0.37	0.74	-0.75	0.97	0.6
Inventory	0.6	0.77	-0.7	-0.6	0.86	-0.77	-0.52	-0.53	0.86	0.11	0.79	0.77	-0.26	0.79	0.04	0.46	-0.54	0.93		-0.75	-0.92	0.1	0.5	-0.88	0.91	0.53
Other Current Assets	-0.19	-0.43	0.65	0.78	-0.59	0.69	0.49	0.35	-0.63	0.13	-0.47	-0.51	0.17	-0.47	0.17	-0.04	0.64	-0.66	-0.75		0.55	0.29	-0.06	0.88	-0.78	-0.11
Other Stockholder Equity	-0.72	-0.88	0.79	0.46	-0.93	0.55	0.55	0.69	-0.94	-0.23	-0.93	-0.88	0.48	-0.93	-0.09	-0.64	0.53	-0.93	-0.92	0.55		-0.24	-0.63	0.69	-0.87	-0.66
Total Liab	0.79	0.6	-0.11	0.72	0.26	0.18	-0.23	0.21	0.2	0.95	0.36	0.53	-0.57	0.36	0.93	0.41	-0.1	0.37	0.1	0.29	-0.24		0.84	0.21	0.24	0.57
Total Current Assets	0.99	0.87	-0.54	0.28	0.68	-0.22	-0.62	-0.17	0.63	0.87	0.74	0.8	-0.74	0.74	0.79	0.48	-0.28	0.74	0.5	-0.06	-0.63	0.84		-0.19	0.64	0.57
Short Term Debt	-0.29	-0.51	0.61	0.78	-0.71	0.93	0.53	0.51	-0.73	0.14	-0.59	-0.53	0.01	-0.59	0.2	-0.3	0.64	-0.75	-0.88	0.88	0.69	0.21	-0.19		-0.83	-0.31
Common Stock	0.74	0.88	-0.88	-0.49	0.94	-0.71	-0.79	-0.53	0.94	0.36	0.88	0.89	-0.56	0.88	0.24	0.44	-0.71	0.97	0.91	-0.78	-0.87	0.24	0.64	-0.83		0.48
Other Assets	0.63	0.71	-0.34	0.12	0.57	-0.19	-0.19	-0.43	0.58	0.45	0.64	0.7	-0.28	0.64	0.31	0.93	-0.58	0.6	0.53	-0.11	-0.66	0.57	0.57	-0.31	0.48

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Solarmax Income Quality vs Pfcf Ratio Analysis

Income Quality vs Pfcf Ratio

Income Quality vs Pfcf Ratio Correlation Analysis

Correlation Coefficient

Income Quality

Pfcf Ratio

Solarmax Technology fundamental ratios Correlations

Solarmax Technology Account Relationship Matchups

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COMMON DESTINATIONS

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COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Short Long Term Debt Total
Cash	+ 0.98	Total Stockholder Equity
Cash And Short Term Investments	+ 0.98	Total Stockholder Equity

Other Stockholder Equity	- 0.94	Retained Earnings
Other Stockholder Equity	- 0.93	Non Current Liabilities Total
Other Stockholder Equity	- 0.93	Cash And Short Term Investments
Other Stockholder Equity	- 0.93	Cash
Other Stockholder Equity	- 0.93	Total Stockholder Equity
Retained Earnings	- 0.93	Other Current Liab