Summit Financial Balance Sheet - Quarterly (NASDAQ:SMMF)

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$24.76 $0.01 (0.04%) SMMF stock closing price Dec 02, 2016 (Closing)

The fundamental analysis of this company requires a thorough look at Summit Financial balance sheet. 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. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Summit Financial had a long term debt of $93.73M at the end of 2016-Q3. Summit Financial operating cash flow was $16.55M while Summit Financial revenue stood at $18.66M. View Summit Financial quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
Cash34.49M13.05M16.66M9.48M12.28M13.26M12.28M12.51M13.23M13.71M
Marketable Securities----------
Receivables1.24B1.17B1.1B1.08B1.07B1.07B1.05B1.03B998.81M998.49M
Inventory-0.24M0.61M0.77M0.08M-0.08M0.52M0.31M0.41M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Summit Financial Total Current Assets
1.27B1.19B1.12B1.1B1.08B1.08B1.06B1.04B1.01B1.01B
Property Plant & Equipment---42.32M---39.73M--
Accumulated Depreciation---20.74M---19.67M--
Summit Financial Net Property Plant & Equipment
21.8M21.4M21.58M21.57M20.45M20.49M20.2M20.06M20.13M20.3M
Investment & Advances275.28M273.86M281.61M289.74M279.14M285.24M289.38M289.01M289.79M295.31M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles7.34M7.39M7.44M7.49M7.54M7.59M7.64M7.69M7.74M7.79M
Deposits & Other Assets78.62M77.13M78.62M78.47M82.14M83.43M85.64M88.07M98.63M99.9M
Summit Financial Total Assets
1.66B1.57B1.51B1.49B1.47B1.48B1.46B1.44B1.43B1.44B
Notes Payable171.39M123.63M62.76M3.95M15.95M1.58M49.73M153.1M172.05M60.42M
Accounts Payable1.16B1.1B1.09B1.07B1.07B1.05B1.06B1.06B1.05B1.06B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Summit Financial Total Current Liabilities
1.39B1.3B1.25B1.24B1.22B1.23B1.21B1.18B1.18B1.15B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt93.73M94.21M94.69M95.17M95.64M98.62M101.6M113.87M114.85M158.33M
Non-Current Capital Leases----------
Other Long-Term Liabilities18.64M18.2M19.76M15.41M15.98M13.36M15.7M13.09M10.56M10.63M
Summit Financial Total Liabilities
1.5B1.41B1.36B1.35B1.33B1.34B1.32B1.31B1.31B1.32B
Minority Interest----------
Preferred Stock-------9.18M9.28M9.28M
Common Stock Net46.11M45.96M45.82M45.74M45.61M45.56M43.07M32.67M24.69M24.69M
Capital Surplus----------
Retained Earnings109.8M106.59M103.41M100.42M97.12M94.31M91.17M87.71M84.71M81.56M
Treasury Stock1.68M1.77M1.86M1.96M2.01M-----
Other Liabilities-0.41M-0.12M-1.26M-0.45M-0.43M0.19M1.64M2.07M2.67M1.92M
Summit Financial Shareholders Equity
153.82M150.66M146.11M143.74M140.28M140.07M135.88M131.64M121.36M117.46M
Summit Financial Total Liabilities & Shareholders Equity
1.66B1.57B1.51B1.49B1.47B1.48B1.46B1.44B1.43B1.44B
All figures in USD. M: Millions of USD, B: Billions of USD.
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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 $1.66B for 2016-Q3 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 or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Summit Financial is $1.5B. Shareholders' equity comes under liabilities as it is money the company owes the holders of SMMF stock.
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Summit Financial Balance Sheet - Key Ratios

Current ratio
0.92
Debt to Equity ratio
1.72
Asset Turnover
ratio
0.05
receivables turnover
ratio
0.06
PB ratio (
price to book ratio
)
1.8020