Solarmax Current Deferred Revenue vs Cash Analysis

SMXT Stock

1.40 0.08 5.41%

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 Current Deferred Revenue and its Cash 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.

Current Deferred Revenue vs Cash

Current Deferred Revenue vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solarmax Technology Current Deferred Revenue account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Solarmax Technology's Current Deferred Revenue and Cash is -0.42. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash 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 Current Deferred Revenue and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Solarmax Technology Common are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Current Deferred Revenue i.e., Solarmax Technology's Current Deferred Revenue and Cash go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

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Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Cash

Cash refers to the most liquid asset of Solarmax Technology, which is listed under current asset account on Solarmax Technology Common balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Solarmax Technology customers. The amounts must be unrestricted with restricted cash listed in a different Solarmax Technology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 Current Deferred Revenue vs Cash Analysis

Current Deferred Revenue vs Cash

Current Deferred Revenue vs Cash Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Cash

Solarmax Technology fundamental ratios Correlations

Solarmax Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

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