SolarMax Technology (SMXT)

Total assets on the balance sheet as of September 2024 : A$68.77 Million

According to SolarMax Technology's latest financial reports the company's total assets are A$68.77 Million. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

SolarMax Technology - Total assets on balance sheet (from 2017 to 2024)

Total assets by year

Year	Total assets	Change
2022-12-31	A$90.34 M	-9.05%
2021-12-31	A$99.33 M	-20.55%
2020-12-31	A$0.12 B
2018-12-31	A$0.15 B	29.73%
2017-12-31	A$0.12 B	-11.08%
2016-12-31	A$0.13 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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SolarMax Technology (SMXT) - Total assets