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

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$16.8 $0.1 (0.6%) SMLP stock closing price Aug 16, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Summit Midstream Partners, and helps in stock analysis. As in our Summit Midstream Partners stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Quarterly results are typically accompanied with the company releasing financial statements. 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 2018 Q2 shows cash on hand of $8.21M. The company has a debt to equity ratio of 0.81.

View and download Summit Midstream Partners quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash8.21M3.36M1.43M2.91M2.58M6.28M7.42M7.59M6.74M13.08M
Marketable Securities----------
Receivables80.17M68.81M72.3M61.26M55.83M53.66M97.36M52.44M48.3M49.55M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets2.59M3.53M4.32M4.78M2.26M3.24M4.3M4.76M2.13M2.88M
Total Current Assets
90.97M75.71M78.05M68.96M60.68M63.19M109.1M64.81M57.18M65.52M
Property Plant & Equipment2.24B2.19B2.1B2.2B2.15B2.13B2.11B2.09B2.07B2.04B
Accumulated Depreciation349.85M331.19M309.44M313.36M294.62M277.77M259.31M241.15M223.82M206.27M
Net Property Plant & Equipment
1.89B1.86B1.8B1.88B1.86B1.85B1.85B1.85B1.85B1.83B
Investment & Advances670.83M682.22M690.48M696.59M701.02M702.75M707.41M705.84M711.02M757.86M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles302.88M309.98M317.55M408.24M418.23M427.98M437.66M447.92M458.17M468.87M
Deposits & Other Assets13.14M13.15M13.56M13.75M14.45M7.05M7.32M8.43M8.74M8.84M
Total Assets
2.97B2.94B2.89B3.07B3.05B3.06B3.12B3.08B3.08B3.13B
Notes Payable----------
Accounts Payable21.79M21.67M17.46M23.19M10.79M18.25M16.5M13.22M21.78M19.17M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses35.21M32.42M27.93M39.38M31.47M23.69M33.17M15.68M25.5M14.42M
Income Taxes Payable6.5M3.83M8.32M8.11M7.29M4.06M10.58M9.41M7.65M4.28M
Other Current Liabilities18.19M16.14M15.25M11.33M11.05M4.81M11.47M19.07M13.78M13.2M
Total Current Liabilities
81.7M74.07M68.98M82.03M60.61M50.82M71.74M57.39M68.72M51.08M
Mortgages----------
Deferred Taxes/Income38.12M36.58M12.7M15.42M13.04M18.98M57.46M49.04M48.19M46.95M
Convertible Debt----------
Long-Term Debt1.15B1.09B1.05B1.3B1.28B1.26B1.24B1.22B1.31B1.31B
Non-Current Capital Leases----------
Other Long-Term Liabilities461.95M393.04M372.23M517.57M589.13M595.23M575.99M549.31M544.27M528.09M
Total Liabilities
1.73B1.6B1.51B1.91B1.94B1.93B1.95B1.88B1.97B1.94B
Minority Interest----------
Preferred Stock293.62M300.74M294.42M-------
Common Stock Net907.1M1.01B1.06B1.12B1.07B1.09B1.13B1.16B1.07B1.16B
Capital Surplus----------
Retained Earnings----------
Treasury Stock----------
Other Liabilities36.09M37.93M38.73M40.71M39.65M39.86M40.54M41.05M38.85M40.93M
Shareholders Equity1.24B1.34B1.39B1.16B1.11B1.13B1.17B1.2B1.11B1.2B
Total Liabilities & Shareholders Equity2.97B2.94B2.89B3.07B3.05B3.06B3.12B3.08B3.08B3.13B
All figures in USD. M: Millions of USD, B: Billions of USD.
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The latest Summit Midstream Partners stock price, and Summit Midstream Partners historical stock prices show the stock price movement over time, and the Summit Midstream Partners PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:

  • Assets: SMLP total assets, which was at $2.97B for 2018 Q2 is a balance sheet item representing value of what Summit Midstream Partners owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • 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 $1.73B. 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
1.02
Debt to equity ratio
0.81
Asset turnover ratio
0.16
Receivables turnover
7.54
Price to book ratio
0.98