Summit Financial Balance Sheet - Quarterly (NASDAQ:SMMF)

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$21.29 $0.05 (0.24%) SMMF stock closing price Jul 19, 2017 (Closing)

A thorough fundamental analysis involves using data from Summit Financial balance sheet, apart from other financial statements, to value the business. 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. A company releases its balance sheet every quarter along with its quarterly results. The Summit Financial balance sheet for 2017-Q1 shows cash on hand of $58.22M. The cash has increased by $11.61M. Summit Financial revenue was $20.25M and Summit Financial operating cash flow was $6.74M. 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. 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4
Cash58.22M46.61M34.49M13.05M16.66M9.48M12.28M13.26M12.28M12.51M
Marketable Securities----------
Receivables1.3B1.31B1.24B1.17B1.1B1.08B1.07B1.07B1.05B1.03B
Inventory0.17M0.17M-0.24M0.61M0.77M0.08M-0.08M0.52M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Summit Financial Total Current Assets
1.36B1.36B1.27B1.19B1.12B1.1B1.08B1.08B1.06B1.04B
Property Plant & Equipment-45.21M---42.32M---39.73M
Accumulated Depreciation-21.47M---20.74M---19.67M
Summit Financial Net Property Plant & Equipment
26.37M23.73M21.8M21.4M21.58M21.57M20.45M20.49M20.2M20.06M
Investment & Advances295.35M279.48M275.28M273.86M281.61M289.74M279.14M285.24M289.38M289.01M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles13.58M13.65M7.34M7.39M7.44M7.49M7.54M7.59M7.64M7.69M
Deposits & Other Assets83.79M80.95M78.62M77.13M78.62M78.47M82.14M83.43M85.64M88.07M
Summit Financial Total Assets
1.78B1.76B1.66B1.57B1.51B1.49B1.47B1.48B1.46B1.44B
Notes Payable224.46M171.39M123.63M62.76M3.95M15.95M1.58M49.73M153.1M172.05M
Accounts Payable1.3B1.3B1.16B1.1B1.09B1.07B1.07B1.05B1.06B1.06B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Summit Financial Total Current Liabilities
1.53B1.52B1.39B1.3B1.25B1.24B1.22B1.23B1.21B1.18B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt65.8M66.25M93.73M94.21M94.69M95.17M95.64M98.62M101.6M113.87M
Non-Current Capital Leases----------
Other Long-Term Liabilities26.91M17.04M18.64M18.2M19.76M15.41M15.98M13.36M15.7M13.09M
Summit Financial Total Liabilities
1.62B1.6B1.5B1.41B1.36B1.35B1.33B1.34B1.32B1.31B
Minority Interest----------
Preferred Stock---------9.18M
Common Stock Net47.02M46.75M46.11M45.96M45.82M45.74M45.61M45.56M43.07M32.67M
Capital Surplus----------
Retained Earnings110.65M113.44M109.8M106.59M103.41M100.42M97.12M94.31M91.17M87.71M
Treasury Stock1.47M1.58M1.68M1.77M1.86M1.96M2.01M---
Other Liabilities-2.57M-3.26M-0.41M-0.12M-1.26M-0.45M-0.43M0.19M1.64M2.07M
Summit Financial Shareholders Equity
153.61M155.36M153.82M150.66M146.11M143.74M140.28M140.07M135.88M131.64M
Summit Financial Total Liabilities & Shareholders Equity
1.78B1.76B1.66B1.57B1.51B1.49B1.47B1.48B1.46B1.44B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Summit Financial stock price, and Summit Financial historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Summit Financial PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • Assets: An asset is a resource that a corporation like Summit Financial owns and has monetary significance. SMMF assets grew from $1.76B in 2016-Q4 to $1.78B in 2017-Q1 . 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: The total liabilities of Summit Financial for 2017-Q1 total to $1.62B. Liabilities for a company like Summit Financial include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.
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Summit Financial Balance Sheet - Key Ratios

Current ratio
0.89
Debt to Equity ratio
1.89
Asset Turnover
ratio
0.05
receivables turnover
ratio
0.06
PB ratio (
price to book ratio
)
1.5050