Solarmax Other Operating Expenses vs Ebitda Analysis

SMXT Stock

1.58 0.01 0.63%

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 Other Operating Expenses and its Ebitda 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.

Other Operating Expenses vs Ebitda

Other Operating Expenses vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solarmax Technology Other Operating Expenses account and Ebitda. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Solarmax Technology's Other Operating Expenses and Ebitda is -0.19. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebitda 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 Other Operating Expenses and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Solarmax Technology Common are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Other Operating Expenses i.e., Solarmax Technology's Other Operating Expenses and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

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Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Solarmax Technology. It is also known as Solarmax Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Ebitda

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 Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.18 in 2025, despite the fact that Tax Provision is likely to grow to (54.9 K).

	2022	2023	2024	2025 (projected)
Interest Expense	1.8M	1.6M	1.4M	1.7M
Depreciation And Amortization	1.4M	1.6M	1.5M	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		0.96	-0.66	0.21	0.8	-0.35	-0.28	-0.44	0.72	0.82	0.85	0.92	-0.78	0.85	0.76	0.67	-0.6	0.88	0.71	-0.17	-0.71	0.85	0.97	-0.43	0.75	0.5
Short Long Term Debt Total	0.96		-0.8	-0.01	0.91	-0.46	-0.3	-0.6	0.85	0.69	0.94	0.99	-0.76	0.94	0.59	0.75	-0.75	0.95	0.85	-0.38	-0.86	0.71	0.93	-0.6	0.87	0.6
Other Current Liab	-0.66	-0.8		0.45	-0.93	0.49	0.68	0.74	-0.94	-0.36	-0.9	-0.84	0.77	-0.9	-0.17	-0.46	0.69	-0.81	-0.71	0.64	0.83	-0.22	-0.59	0.64	-0.89	-0.34
Total Current Liabilities	0.21	-0.01	0.45		-0.38	0.61	0.36	0.48	-0.48	0.63	-0.24	-0.08	-0.18	-0.24	0.68	0.09	0.2	-0.25	-0.39	0.76	0.39	0.68	0.31	0.66	-0.42	0.15
Total Stockholder Equity	0.8	0.91	-0.93	-0.38		-0.64	-0.52	-0.77	0.99	0.42	0.98	0.92	-0.67	0.98	0.27	0.65	-0.71	0.94	0.88	-0.57	-0.9	0.38	0.75	-0.74	0.94	0.46
Property Plant And Equipment Net	-0.35	-0.46	0.49	0.61	-0.64		0.43	0.48	-0.65	0.04	-0.53	-0.43	-0.03	-0.53	0.05	-0.33	0.53	-0.67	-0.73	0.68	0.6	0.03	-0.3	0.92	-0.74	-0.19
Current Deferred Revenue	-0.28	-0.3	0.68	0.36	-0.52	0.43		0.3	-0.56	-0.24	-0.42	-0.31	0.52	-0.42	-0.08	0.1	0.28	-0.33	-0.15	0.44	0.27	0.06	-0.19	0.33	-0.53	0.17
Net Debt	-0.44	-0.6	0.74	0.48	-0.77	0.48	0.3		-0.77	0.0	-0.79	-0.62	0.36	-0.79	0.21	-0.72	0.68	-0.61	-0.66	0.33	0.86	-0.04	-0.43	0.58	-0.61	-0.53
Retained Earnings	0.72	0.85	-0.94	-0.48	0.99	-0.65	-0.56	-0.77		0.33	0.96	0.87	-0.63	0.96	0.17	0.57	-0.66	0.9	0.86	-0.64	-0.87	0.26	0.66	-0.76	0.94	0.39
Accounts Payable	0.82	0.69	-0.36	0.63	0.42	0.04	-0.24	0.0	0.33		0.5	0.65	-0.77	0.5	0.95	0.42	-0.37	0.51	0.29	0.12	-0.27	0.93	0.86	0.01	0.41	0.41
Cash	0.85	0.94	-0.9	-0.24	0.98	-0.53	-0.42	-0.79	0.96	0.5		0.95	-0.72	1.0	0.34	0.74	-0.72	0.92	0.86	-0.44	-0.91	0.49	0.82	-0.65	0.89	0.55
Non Current Assets Total	0.92	0.99	-0.84	-0.08	0.92	-0.43	-0.31	-0.62	0.87	0.65	0.95		-0.78	0.95	0.54	0.73	-0.78	0.95	0.86	-0.45	-0.88	0.65	0.89	-0.61	0.89	0.62
Non Currrent Assets Other	-0.78	-0.76	0.77	-0.18	-0.67	-0.03	0.52	0.36	-0.63	-0.77	-0.72	-0.78		-0.72	-0.63	-0.35	0.47	-0.61	-0.37	0.17	0.52	-0.62	-0.72	0.12	-0.6	-0.28
Cash And Short Term Investments	0.85	0.94	-0.9	-0.24	0.98	-0.53	-0.42	-0.79	0.96	0.5	1.0	0.95	-0.72		0.34	0.74	-0.72	0.92	0.86	-0.44	-0.91	0.49	0.82	-0.65	0.89	0.55
Net Receivables	0.76	0.59	-0.17	0.68	0.27	0.05	-0.08	0.21	0.17	0.95	0.34	0.54	-0.63	0.34		0.28	-0.24	0.45	0.23	0.15	-0.15	0.94	0.76	0.03	0.32	0.26
Good Will	0.67	0.75	-0.46	0.09	0.65	-0.33	0.1	-0.72	0.57	0.42	0.74	0.73	-0.35	0.74	0.28		-0.74	0.65	0.73	-0.05	-0.77	0.57	0.78	-0.44	0.53	0.9
Common Stock Shares Outstanding	-0.6	-0.75	0.69	0.2	-0.71	0.53	0.28	0.68	-0.66	-0.37	-0.72	-0.78	0.47	-0.72	-0.24	-0.74		-0.73	-0.75	0.53	0.87	-0.38	-0.63	0.7	-0.77	-0.79
Non Current Liabilities Total	0.88	0.95	-0.81	-0.25	0.94	-0.67	-0.33	-0.61	0.9	0.51	0.92	0.95	-0.61	0.92	0.45	0.65	-0.73		0.94	-0.58	-0.89	0.54	0.81	-0.79	0.95	0.49
Inventory	0.71	0.85	-0.71	-0.39	0.88	-0.73	-0.15	-0.66	0.86	0.29	0.86	0.86	-0.37	0.86	0.23	0.73	-0.75	0.94		-0.64	-0.9	0.37	0.7	-0.87	0.9	0.61
Other Current Assets	-0.17	-0.38	0.64	0.76	-0.57	0.68	0.44	0.33	-0.64	0.12	-0.44	-0.45	0.17	-0.44	0.15	-0.05	0.53	-0.58	-0.64		0.56	0.23	-0.09	0.83	-0.76	-0.12
Other Stockholder Equity	-0.71	-0.86	0.83	0.39	-0.9	0.6	0.27	0.86	-0.87	-0.27	-0.91	-0.88	0.52	-0.91	-0.15	-0.77	0.87	-0.89	-0.9	0.56		-0.33	-0.66	0.79	-0.87	-0.63
Total Liab	0.85	0.71	-0.22	0.68	0.38	0.03	0.06	-0.04	0.26	0.93	0.49	0.65	-0.62	0.49	0.94	0.57	-0.38	0.54	0.37	0.23	-0.33		0.88	-0.02	0.35	0.5
Total Current Assets	0.97	0.93	-0.59	0.31	0.75	-0.3	-0.19	-0.43	0.66	0.86	0.82	0.89	-0.72	0.82	0.76	0.78	-0.63	0.81	0.7	-0.09	-0.66	0.88		-0.37	0.69	0.66
Short Term Debt	-0.43	-0.6	0.64	0.66	-0.74	0.92	0.33	0.58	-0.76	0.01	-0.65	-0.61	0.12	-0.65	0.03	-0.44	0.7	-0.79	-0.87	0.83	0.79	-0.02	-0.37		-0.86	-0.35
Common Stock	0.75	0.87	-0.89	-0.42	0.94	-0.74	-0.53	-0.61	0.94	0.41	0.89	0.89	-0.6	0.89	0.32	0.53	-0.77	0.95	0.9	-0.76	-0.87	0.35	0.69	-0.86		0.44
Other Assets	0.5	0.6	-0.34	0.15	0.46	-0.19	0.17	-0.53	0.39	0.41	0.55	0.62	-0.28	0.55	0.26	0.9	-0.79	0.49	0.61	-0.12	-0.63	0.5	0.66	-0.35	0.44

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Solarmax Other Operating Expenses vs Ebitda Analysis

Other Operating Expenses vs Ebitda

Other Operating Expenses vs Ebitda Correlation Analysis

Correlation Coefficient

Other Operating Expenses

Ebitda

Solarmax Technology fundamental ratios Correlations

Solarmax Technology Account Relationship Matchups

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COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Stockholder Equity
Cash	+ 0.98	Total Stockholder Equity
Cash And Short Term Investments	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.97	Total Assets

Retained Earnings	- 0.94	Other Current Liab
Total Stockholder Equity	- 0.93	Other Current Liab
Other Stockholder Equity	- 0.91	Cash And Short Term Investments
Other Stockholder Equity	- 0.91	Cash
Other Stockholder Equity	- 0.9	Inventory
Other Stockholder Equity	- 0.9	Total Stockholder Equity