SolarMax Technology (SMXT)

Total assets on the balance sheet as of June 2024 : €49.1 Million

According to SolarMax Technology's latest financial reports the company's total assets are €49.1 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	€57.31 M	-9.87%
2021-12-31	€63.59 M	-18.64%
2020-12-31	€78.16 M
2018-12-31	€97.04 M	22.78%
2017-12-31	€79.04 M	-15.57%
2016-12-31	€93.61 M

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