Summit Financial Balance Sheet - Quarterly (NASDAQ:SMMF)

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

The fundamental analysis of this company requires a thorough look at Summit Financial balance sheet. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate 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 revenue was $18.33M and Summit Financial operating cash flow was $8.79M for 2016-Q2. The balance sheet shows total liabilities of $1.41B and shareholders equity of $150.66M. 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-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1
Marketable Securities----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Summit Financial Total Current Assets
Property Plant & Equipment--42.32M---39.73M---
Accumulated Depreciation--20.74M---19.67M---
Summit Financial Net Property Plant & Equipment
Investment & Advances273.86M281.61M289.74M279.14M285.24M289.38M289.01M289.79M295.31M288.47M
Other Non-Current Assets----------
Deferred Charges----------
Deposits & Other Assets77.13M78.62M78.47M82.14M83.43M85.64M88.07M98.63M99.9M103.94M
Summit Financial Total Assets
Notes Payable171.39M123.63M62.76M3.95M15.95M1.58M49.73M153.1M172.05M60.42M
Accounts Payable1.1B1.09B1.07B1.07B1.05B1.06B1.06B1.05B1.06B1.05B
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 Debt94.21M94.69M95.17M95.64M98.62M101.6M113.87M114.85M158.33M159.88M
Non-Current Capital Leases----------
Other Long-Term Liabilities18.2M19.76M15.41M15.98M13.36M15.7M13.09M10.56M10.63M10.1M
Summit Financial Total Liabilities
Minority Interest----------
Preferred Stock------9.18M9.28M9.28M9.28M
Common Stock Net45.96M45.82M45.74M45.61M45.56M43.07M32.67M24.69M24.69M24.69M
Capital Surplus----------
Retained Earnings106.59M103.41M100.42M97.12M94.31M91.17M87.71M84.71M81.56M79.33M
Treasury Stock1.77M1.86M1.96M2.01M------
Other Liabilities-0.12M-1.26M-0.45M-0.43M0.19M1.64M2.07M2.67M1.92M1.22M
Summit Financial Shareholders Equity
Summit Financial Total Liabilities & Shareholders Equity
All figures in USD. M: Millions of USD, B: Billions of USD.

Looking at Summit Financial historical stock prices and the current Summit Financial stock price can tell you how the stock price has moved, whereas the Summit Financial PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:
  • Assets: An asset is a resource that a corporation like Summit Financial owns and has monetary significance. SMMF assets grew from $1.51B in 2016-Q1 to $1.57B in 2016-Q2 . Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. SMMF stock had total liabilities of $1.41B for quarter 2016-Q2.

Summit Financial Balance Sheet - Key Ratios

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