Summit Financial Services Balance Sheet - Annual (OTCMKTS:SFNS)

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$1.48 $0.03 (2.07%) SFNS stock closing price Jun 11, 2014 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Summit Financial Services 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 Services stock analysis. Quarterly results are typically accompanied with the company releasing financial statements. The Summit Financial Services balance sheet for 2012 shows cash on hand of $7.96M. The cash has decreased by $2.82M. Summit Financial Services revenue was $87.62M and Summit Financial Services operating cash flow was $2.34M. View latest and last 10 year balance sheet data to check Summit Financial Services financial performance..

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Annual
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Fiscal year is Jan - Dec.201220112010200920082007
Cash7.96M10.78M9.44M6.3M5.16M4.82M
Marketable Securities------
Receivables2.46M2.31M1.59M1.46M1.52M1.19M
Inventory0.01M0.01M0.01M0.01M0.01M0.02M
Raw Materials------
Work In Progress------
Finished Goods------
Notes Receivable0.43M0.38M0.43M0.82M--
Other Current Assets0.96M0.92M0.79M0.7M0.51M0.53M
Summit Financial Services Total Current Assets
11.84M14.41M12.28M9.31M7.2M6.58M
Property Plant & Equipment------
Accumulated Depreciation------
Summit Financial Services Net Property Plant & Equipment
0.41M0.54M0.53M0.21M0.15M0.13M
Investment & Advances------
Other Non-Current Assets------
Deferred Charges------
Intangibles0.5M0.5M0.5M0.5M0.5M0.68M
Deposits & Other Assets---0.12M0.12M0.7M
Summit Financial Services Total Assets
12.75M15.46M13.31M10.15M7.98M8.09M
Notes Payable------
Accounts Payable1.82M2.15M1.57M1.3M1.08M1.2M
Current Portion Long-Term Debt------
Current Portion Capital Leases------
Accrued Expenses2.87M2.47M2.91M2.42M1.4M1.43M
Income Taxes Payable------
Other Current Liabilities------
Summit Financial Services Total Current Liabilities
4.69M4.62M4.48M3.73M2.48M2.63M
Mortgages------
Deferred Taxes/Income------
Convertible Debt------
Long-Term Debt------
Non-Current Capital Leases------
Other Long-Term Liabilities------
Summit Financial Services Total Liabilities
4.69M4.62M4.48M3.73M2.48M2.63M
Minority Interest------
Preferred Stock------
Common Stock Net------
Capital Surplus8.49M13.12M12.34M10.61M9.74M10.08M
Retained Earnings1.24M-0.33M-1.78M-3.06M-3.4M-3.63M
Treasury Stock0.01M0.01M0.01M0.01M0.01M0.01M
Other Liabilities-1.66M-1.94M-1.71M-1.11M-0.82M-0.98M
Summit Financial Services Shareholders Equity
8.06M10.83M8.83M6.42M5.5M5.46M
Summit Financial Services Total Liabilities & Shareholders Equity
12.75M15.46M13.31M10.15M7.98M8.09M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at Summit Financial Services historical stock prices and the current Summit Financial Services stock price can tell you how the stock price has moved, whereas the Summit Financial Services 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 Services 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 SFNS stock as of year is $12.75M. 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: This item on the balance sheet implies the firm's, in this case Summit Financial Services's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for SFNS stock stand at $4.69M.
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