Summit Financial Balance Sheet - Annual (NASDAQ:SMMF)

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$20.25 $0.37 (1.86%) SMMF stock closing price Oct 21, 2016 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Summit Financial, and helps in stock analysis. Balance sheet items like cash at hand, total assets and liabilities helps one analyze a company and summarize the financial performance of the company like we have in our Summit Financial stock analysis. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. The Summit Financial balance sheet for 2015 shows cash on hand of $9.48M. The cash has decreased by $3.03M. Summit Financial revenue was $70.74M and Summit Financial operating cash flow was $23.64M. View latest and last 10 year balance sheet data to check Summit Financial financial performance..

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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Marketable Securities----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Summit Financial Total Current Assets
Property Plant & Equipment42.32M39.73M39.25M39.06M38.93M38.61M39.35M36.09M--
Accumulated Depreciation20.74M19.67M18.62M17.93M16.85M15.52M15.11M13.65M--
Summit Financial Net Property Plant & Equipment
Investment & Advances289.74M289.01M296.59M296.19M305.74M294.67M295.66M350.62M300.06M247.87M
Other Non-Current Assets--------2.27M9.71M
Deferred Charges----------
Deposits & Other Assets78.47M88.07M106.21M103.66M109.64M99.81M70.65M32.53M18.41M16.34M
Summit Financial Total Assets
Notes Payable171.39M123.63M62.76M3.95M15.95M1.58M49.73M153.1M172.05M60.42M
Accounts Payable1.07B1.06B1B1.03B1.02B1.04B1.02B965.85M828.68M888.68M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Summit Financial Total Current Liabilities
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt95.17M113.87M199.9M239.65M306.64M340.49M417.88M412.33M315.73M174.29M
Non-Current Capital Leases----------
Other Long-Term Liabilities15.41M13.09M8.66M7.8M8.45M9.63M9M8.58M10.04M11.95M
Summit Financial Total Liabilities
Minority Interest--------19.58M19.58M
Preferred Stock-9.18M9.29M9.32M9.32M3.51M3.51M---
Common Stock Net45.74M32.67M24.66M24.52M24.51M24.5M24.5M24.45M24.39M18.02M
Capital Surplus----------
Retained Earnings100.42M87.71M77.13M69.84M64.9M61.2M63.47M64.7M65.07M62.2M
Treasury Stock1.96M---------
Other Liabilities-0.45M2.07M-0.02M4.86M3.81M0.59M-0.84M-1.91M-0.04M-0.35M
Summit Financial Shareholders Equity
Summit Financial Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.

The latest Summit Financial stock price, and Summit Financial historical stock prices show the stock price movement over time, and the Summit Financial PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:
  • Assets: SMMF total assets, which was at $1.49B for 2015 is a balance sheet item representing value of what Summit Financial owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: The total liabilities of Summit Financial for 2015 total to $1.35B. Liabilities for a company like Summit Financial include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Summit Financial Balance Sheet - Key Ratios

Current ratio
Debt to Equity ratio
Asset Turnover
receivables turnover
PB ratio (
price to book ratio