Solarmax Net Debt vs Property Plant And Equipment Net 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 Net Debt and its Property Plant And Equipment Net 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.

Net Debt vs Property Plant And Equipment Net

Net Debt vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solarmax Technology Net Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Solarmax Technology's Net Debt and Property Plant And Equipment Net is 0.48. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant And Equipment Net 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 Net Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Solarmax Technology Common are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Debt i.e., Solarmax Technology's Net Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 Net Debt vs Property Plant And Equipment Net Analysis

Net Debt vs Property Plant And Equipment Net

Net Debt vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Net Debt

Property Plant And Equipment Net

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