Summit Financial Balance Sheet - Quarterly (NASDAQ:SMMF)

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$25.35 $0.09 (0.35%) SMMF stock closing price Jan 20, 2017 (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. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Summit Financial stock analysis. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. 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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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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Most investors just check the Summit Financial stock price, and Summit Financial historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Summit Financial PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • Assets: An asset is a resource that a corporation like Summit Financial owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for SMMF stock as of quarter is $1.66B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. SMMF stock had total liabilities of $1.5B for quarter 2016-Q3.
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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
)
1.8440