As of June 13, 2025, SolarMax Technology Inc (SMXT) reports a Current Ratio of 0.60.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of SolarMax Technology Inc's Current Ratio
Over recent years, SolarMax Technology Inc's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 0.60 |
| 2023-12-31 | 0.46 |
| 2022-12-31 | 0.63 |
| 2021-12-31 | 0.87 |
| 2020-12-31 | 0.86 |
This slight downward trend highlights how SolarMax Technology Inc manages its short-term assets and liabilities over time.
Comparing SolarMax Technology Inc's Current Ratio to Peers
To better understand SolarMax Technology Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| SolarMax Technology Inc (SMXT) | 0.60 |
| Liquidvalue Development Inc (LVDW) | 3.86 |
| China Topreach Inc (CGSXF) | 3.80 |
| Granite Broadcasting Corp (GRRP) | 2.15 |
| Temecula Valley Bancorp Inc (TMCV) | 1.86 |
| Interep National Radio Sales Inc (IREP) | 1.69 |
Compared to its competitors, SolarMax Technology Inc's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.