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 Summit Financial Services balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. 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. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Summit Financial Services had a long term debt of $- at the end of 2012. To understand the debt servicing capacity of the company, one needs to look at Summit Financial Services operating cash flow and Summit Financial Services revenue also. Summit Financial Services debt to equity ratio is .

View latest 10 year balance sheet data to check Summit Financial Services financial performance.
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Fiscal year is Jan - Dec20122011201020092008
Cash7.96M10.78M9.44M6.3M5.16M
Marketable Securities-----
Receivables2.46M2.31M1.59M1.46M1.52M
Inventory-----
Raw Materials-----
Work In Progress-----
Finished Goods-----
Notes Receivable-----
Other Current Assets-----
Total Current Assets
11.84M14.41M12.28M9.31M7.2M
Property Plant & Equipment-----
Accumulated Depreciation-----
Net Property Plant & Equipment
-----
Investment & Advances-----
Other Non-Current Assets-----
Deferred Charges-----
Intangibles-----
Deposits & Other Assets-----
Total Assets
12.75M15.46M13.31M10.15M7.98M
Notes Payable-----
Accounts Payable1.82M2.15M1.57M1.3M1.08M
Current Portion Long-Term Debt-----
Current Portion Capital Leases-----
Accrued Expenses2.87M2.47M2.91M2.42M1.4M
Income Taxes Payable-----
Other Current Liabilities-----
Total Current Liabilities
4.69M4.62M4.48M3.73M2.48M
Mortgages-----
Deferred Taxes/Income-----
Convertible Debt-----
Long-Term Debt-----
Non-Current Capital Leases-----
Other Long-Term Liabilities-----
Total Liabilities
4.69M4.62M4.48M3.73M2.48M
Minority Interest-----
Preferred Stock-----
Common Stock Net-----
Capital Surplus8.49M13.12M12.34M10.61M9.74M
Retained Earnings1.24M-0.33M-1.78M-3.06M-3.4M
Treasury Stock-----
Other Liabilities-1.66M-1.94M-1.71M-1.11M-0.82M
Shareholders Equity8.06M10.83M8.83M6.42M5.5M
Total Liabilities & Shareholders Equity12.75M15.46M13.31M10.15M7.98M
All figures in USD. M: Millions of USD, B: Billions of USD.

Click here to view our HRG Group financial analysis

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 monetary significance. SFNS assets decreased from $15.46M in 2011 to $12.75M in 2012. 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. SFNS stock had total liabilities of $4.69M for the year 2012.