Summit Midstream Partners Stock Cash Flow From Operations
Summit Midstream Partners fundamentals help investors to digest information that contributes to Summit Midstream's financial success or failures. It also enables traders to predict the movement of Summit Stock. The fundamental analysis module provides a way to measure Summit Midstream's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Summit Midstream stock.
Summit |
Summit Midstream Partners Company Cash Flow From Operations Analysis
Summit Midstream's Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Current Summit Midstream Cash Flow From Operations | 126.91 M |
Most of Summit Midstream's fundamental indicators, such as Cash Flow From Operations, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Summit Midstream Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
CompetitionIn accordance with the recently published financial statements, Summit Midstream Partners has 126.91 M in Cash Flow From Operations. This is 96.37% lower than that of the Oil, Gas & Consumable Fuels sector and 146.27% lower than that of the Energy industry. The cash flow from operations for all United States stocks is 86.93% higher than that of the company.
Summit Cash Flow From Operations Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Summit Midstream's direct or indirect competition against its Cash Flow From Operations to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Summit Midstream could also be used in its relative valuation, which is a method of valuing Summit Midstream by comparing valuation metrics of similar companies.Summit Midstream is currently under evaluation in cash flow from operations category among its peers.
Summit Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0216 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 1.43 B | |||
| Shares Outstanding | 10.65 M | |||
| Shares Owned By Insiders | 13.00 % | |||
| Shares Owned By Institutions | 35.02 % | |||
| Number Of Shares Shorted | 191.93 K | |||
| Price To Earning | 0.28 X | |||
| Price To Book | 0.41 X | |||
| Price To Sales | 0.64 X | |||
| Revenue | 458.9 M | |||
| Gross Profit | 209.55 M | |||
| EBITDA | 205.79 M | |||
| Net Income | (38.95 M) | |||
| Cash And Equivalents | 12.37 M | |||
| Cash Per Share | 1.22 X | |||
| Total Debt | 1.48 B | |||
| Debt To Equity | 1.35 % | |||
| Current Ratio | 0.91 X | |||
| Book Value Per Share | 70.29 X | |||
| Cash Flow From Operations | 126.91 M | |||
| Short Ratio | 5.40 X | |||
| Earnings Per Share | 7.18 X | |||
| Price To Earnings To Growth | 20.05 X | |||
| Target Price | 22.0 | |||
| Number Of Employees | 244 | |||
| Beta | 2.45 | |||
| Market Capitalization | 390.91 M | |||
| Total Asset | 2.49 B | |||
| Retained Earnings | (143.41 M) | |||
| Working Capital | (35.59 M) | |||
| Current Asset | 114.95 M | |||
| Current Liabilities | 91.58 M | |||
| Five Year Return | 27.22 % | |||
| Net Asset | 2.49 B |
About Summit Midstream Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Summit Midstream Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Summit Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Summit Midstream Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Summit Midstream
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Summit Midstream position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Summit Midstream will appreciate offsetting losses from the drop in the long position's value.Moving against Summit Stock
| 0.72 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.71 | ESALF | Eisai | PairCorr |
| 0.68 | ARE | Alexandria Real Estate Sell-off Trend | PairCorr |
| 0.64 | OPHLF | Ono Pharmaceutical | PairCorr |
| 0.58 | MZDAF | Mazda Motor | PairCorr |
The ability to find closely correlated positions to Summit Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Summit Midstream when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Summit Midstream - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Summit Midstream Partners to buy it.
The correlation of Summit Midstream is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Summit Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Summit Midstream Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Summit Midstream can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in Summit Stock
If you are still planning to invest in Summit Midstream Partners check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Summit Midstream's history and understand the potential risks before investing.
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