Summit Financial Balance Sheet - Quarterly (NASDAQ:SMMF)

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$22.72 $0.2 (0.87%) SMMF stock closing price Apr 21, 2017 (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 stock analysis. 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. Quarterly results are typically accompanied with the company releasing financial statements. Summit Financial balance sheet as at the end of 2016-Q4 indicates an asset turnover ratio of 0.05M and debt to equity ratio of 1.87M. Whereas, Summit Financial revenue was $20.74M and Summit Financial operating cash flow was $23.21M for the same period. View Summit Financial quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3
Cash46.61M34.49M13.05M16.66M9.48M12.28M13.26M12.28M12.51M13.23M
Marketable Securities----------
Receivables1.31B1.24B1.17B1.1B1.08B1.07B1.07B1.05B1.03B998.81M
Inventory0.17M-0.24M0.61M0.77M0.08M-0.08M0.52M0.31M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Summit Financial Total Current Assets
1.36B1.27B1.19B1.12B1.1B1.08B1.08B1.06B1.04B1.01B
Property Plant & Equipment45.21M---42.32M---39.73M-
Accumulated Depreciation21.47M---20.74M---19.67M-
Summit Financial Net Property Plant & Equipment
23.73M21.8M21.4M21.58M21.57M20.45M20.49M20.2M20.06M20.13M
Investment & Advances279.48M275.28M273.86M281.61M289.74M279.14M285.24M289.38M289.01M289.79M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles13.65M7.34M7.39M7.44M7.49M7.54M7.59M7.64M7.69M7.74M
Deposits & Other Assets80.95M78.62M77.13M78.62M78.47M82.14M83.43M85.64M88.07M98.63M
Summit Financial Total Assets
1.76B1.66B1.57B1.51B1.49B1.47B1.48B1.46B1.44B1.43B
Notes Payable224.46M171.39M123.63M62.76M3.95M15.95M1.58M49.73M153.1M172.05M
Accounts Payable1.3B1.16B1.1B1.09B1.07B1.07B1.05B1.06B1.06B1.05B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Summit Financial Total Current Liabilities
1.52B1.39B1.3B1.25B1.24B1.22B1.23B1.21B1.18B1.18B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt66.25M93.73M94.21M94.69M95.17M95.64M98.62M101.6M113.87M114.85M
Non-Current Capital Leases----------
Other Long-Term Liabilities17.04M18.64M18.2M19.76M15.41M15.98M13.36M15.7M13.09M10.56M
Summit Financial Total Liabilities
1.6B1.5B1.41B1.36B1.35B1.33B1.34B1.32B1.31B1.31B
Minority Interest----------
Preferred Stock--------9.18M9.28M
Common Stock Net46.75M46.11M45.96M45.82M45.74M45.61M45.56M43.07M32.67M24.69M
Capital Surplus----------
Retained Earnings113.44M109.8M106.59M103.41M100.42M97.12M94.31M91.17M87.71M84.71M
Treasury Stock1.58M1.68M1.77M1.86M1.96M2.01M----
Other Liabilities-3.26M-0.41M-0.12M-1.26M-0.45M-0.43M0.19M1.64M2.07M2.67M
Summit Financial Shareholders Equity
155.36M153.82M150.66M146.11M143.74M140.28M140.07M135.88M131.64M121.36M
Summit Financial Total Liabilities & Shareholders Equity
1.76B1.66B1.57B1.51B1.49B1.47B1.48B1.46B1.44B1.43B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Summit Financial stock price by looking at Summit Financial historical stock prices. One can compare PE with industry average by looking at the Summit Financial PE ratio chart. The common balance sheet items are:
  • Assets: An asset is a resource that a corporation like Summit Financial 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 SMMF stock as of quarter is $1.76B. 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's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for SMMF stock stand at $1.6B.
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Summit Financial Balance Sheet - Key Ratios

Current ratio
0.9
Debt to Equity ratio
1.87
Asset Turnover
ratio
0.05
receivables turnover
ratio
0.06
PB ratio (
price to book ratio
)
1.6230