Summit Midstream Partners Balance Sheet - Annual (NYSE:SMLP)

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$16.9 $0.1 (0.6%) SMLP stock closing price Aug 17, 2018 (Closing)

The fundamental analysis of this company requires a thorough look at Summit Midstream Partners balance sheet. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Summit Midstream Partners stock analysis, and provides insights into the firm's financial performance. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Apart from analyzing Summit Midstream Partners revenue Summit Midstream Partners operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Summit Midstream Partners balance sheet for 2017 shows cash on hand of $1.43M. The company has a debt to equity ratio of 0.93.

View latest 10 year balance sheet data to check Summit Midstream Partners financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec20172016201520142013201220112010
Cash1.43M7.42M19.41M26.42M18.76M7.89M15.46M-
Marketable Securities--------
Receivables72.3M97.36M84.02M83.61M54.25M34.27M27.47M-
Inventory--------
Raw Materials--------
Work In Progress--------
Finished Goods--------
Notes Receivable--------
Other Current Assets4.32M4.3M3.21M3.28M3.08M2.19M1.96M-
Total Current Assets
78.05M109.1M106.64M113.32M76.1M44.36M44.9M-
Property Plant & Equipment2.1B2.11B1.64B1.35B1.04B715.51M650.37M-
Accumulated Depreciation309.44M259.31M176.87M117.01M63.87M33.51M12.18M-
Net Property Plant & Equipment
1.8B1.85B1.46B1.24B980.34M681.99M638.19M-
Investment & Advances690.48M707.41M------
Other Non-Current Assets--------
Deferred Charges--------
Intangibles317.55M437.66M454.3M528.55M568.88M331.01M342.19M-
Deposits & Other Assets13.56M7.32M15.78M17.33M14.58M6.13M4.97M-
Total Assets
2.89B3.12B2.04B1.89B1.64B1.06B1.03B-
Notes Payable--------
Accounts Payable17.46M16.5M20.12M15.56M18.78M15.81M21.48M-
Current Portion Long-Term Debt--------
Current Portion Capital Leases--------
Accrued Expenses27.93M33.17M17.48M18.85M12.14M---
Income Taxes Payable8.32M10.58M9.89M8.71M6.8M5.45M2.38M-
Other Current Liabilities15.25M11.47M12.14M14.31M10.61M5.18M4.97M-
Total Current Liabilities
68.98M71.74M59.63M57.45M48.34M26.46M28.83M-
Mortgages--------
Deferred Taxes/Income12.7M57.46M45.48M55.23M29.68M10.89M1.77M-
Convertible Debt--------
Long-Term Debt1.05B1.24B944M808M586M199.23M349.89M-
Non-Current Capital Leases--------
Other Long-Term Liabilities372.23M575.99M7.16M7.29M6.74M7.67M8.94M-
Total Liabilities
1.51B1.95B1.06B927.98M670.77M244.26M389.44M-
Minority Interest--------
Preferred Stock294.42M-------
Common Stock Net1.06B1.13B744.97M649.06M566.53M418.85M--
Capital Surplus--------
Retained Earnings--------
Treasury Stock--------
Other Liabilities38.73M40.54M239.26M317.82M402.61M400.39M640.81M-
Shareholders Equity1.39B1.17B984.24M966.88M969.14M819.24M640.81M-
Total Liabilities & Shareholders Equity2.89B3.12B2.04B1.89B1.64B1.06B1.03B-
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Summit Midstream Partners stock price, and Summit Midstream Partners historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Summit Midstream Partners PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: Anything that the Summit Midstream Partners company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Summit Midstream Partners had total assets of $2.89B.
  • 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 Midstream Partners is $1.51B. Shareholders' equity comes under liabilities as it is money the company owes the holders of SMLP stock.

Summit Midstream Partners Balance Sheet - Key Ratios

Current ratio
1.11
Debt to equity ratio
0.93
Asset turnover ratio
0.17
Receivables turnover
7.34
Price to book ratio
0.99