Summit Historical Balance Sheet

SUMMITSEC   3,126  34.10  1.10%   
Trend analysis of Summit Securities Limited balance sheet accounts such as Common Stock Shares Outstanding of 10.9 M, Liabilities And Stockholders Equity of 105.8 B, Other Stockholder Equity of 90.2 B or Total Liab of 11 B provides information on Summit Securities' total assets, liabilities, and equity, which is the actual value of Summit Securities to its prevalent stockholders. By breaking down trends over time using Summit Securities balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Summit Securities latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Summit Securities is a good buy for the upcoming year.

Summit Securities Inventory

105.64 Billion

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Securities Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

About Summit Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Summit Securities at a specified time, usually calculated after every quarter, six months, or one year. Summit Securities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Summit Securities and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Summit currently owns. An asset can also be divided into two categories, current and non-current.

Summit Securities Balance Sheet Chart

At this time, Summit Securities' Property Plant And Equipment Net is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 105.8 B in 2024, whereas Cash is likely to drop slightly above 31.5 M in 2024.

Total Assets

Total assets refers to the total amount of Summit Securities assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Summit Securities books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Summit Securities balance sheet. This account contains Summit Securities investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Summit Securities Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most accounts from Summit Securities' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Summit Securities current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Securities Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Summit Securities' Property Plant And Equipment Net is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 105.8 B in 2024, whereas Cash is likely to drop slightly above 31.5 M in 2024.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity44.8B51.1B90.3B94.8B
Total Assets49.4B56.4B100.8B105.8B

Summit Securities balance sheet Correlations

1.00.03-0.1-0.820.24-0.230.971.00.93-0.21-0.190.210.870.741.0-0.21-0.430.360.660.050.830.18-0.720.920.88
1.00.03-0.09-0.820.25-0.230.971.00.93-0.21-0.190.210.870.741.0-0.21-0.440.360.660.050.830.18-0.720.920.89
0.030.03-0.95-0.17-0.380.010.050.070.010.010.51-0.10.230.360.05-0.350.5-0.03-0.13-0.020.210.01-0.38-0.02-0.06
-0.1-0.09-0.950.250.43-0.04-0.13-0.13-0.07-0.05-0.230.05-0.31-0.45-0.120.12-0.23-0.020.150.19-0.29-0.040.39-0.050.0
-0.82-0.82-0.170.250.230.16-0.8-0.83-0.60.140.17-0.16-0.93-0.64-0.830.130.37-0.32-0.70.33-0.73-0.570.65-0.74-0.67
0.240.25-0.380.430.23-0.120.210.20.31-0.12-0.070.14-0.26-0.140.2-0.17-0.20.150.290.75-0.19-0.140.250.370.46
-0.23-0.230.01-0.040.16-0.12-0.24-0.19-0.181.00.270.88-0.17-0.13-0.19-0.140.010.27-0.25-0.17-0.13-0.040.17-0.24-0.25
0.970.970.05-0.13-0.80.21-0.240.960.9-0.22-0.220.170.860.740.97-0.19-0.470.370.640.130.820.16-0.770.960.94
1.01.00.07-0.13-0.830.2-0.190.960.93-0.17-0.170.240.890.761.0-0.22-0.420.370.630.00.860.17-0.740.90.86
0.930.930.01-0.07-0.60.31-0.180.90.93-0.16-0.160.220.770.780.93-0.19-0.380.30.410.110.87-0.19-0.760.80.78
-0.21-0.210.01-0.050.14-0.121.0-0.22-0.17-0.160.260.88-0.15-0.11-0.17-0.140.00.28-0.25-0.18-0.1-0.040.15-0.22-0.24
-0.19-0.190.51-0.230.17-0.070.27-0.22-0.17-0.160.260.16-0.15-0.09-0.19-0.780.89-0.02-0.070.35-0.13-0.09-0.11-0.24-0.22
0.210.21-0.10.05-0.160.140.880.170.240.220.880.160.140.130.24-0.24-0.230.480.12-0.060.160.06-0.050.180.17
0.870.870.23-0.31-0.93-0.26-0.170.860.890.77-0.15-0.150.140.810.89-0.12-0.330.270.51-0.330.920.25-0.850.730.65
0.740.740.36-0.45-0.64-0.14-0.130.740.760.78-0.11-0.090.130.810.76-0.05-0.230.150.16-0.180.88-0.13-0.820.570.53
1.01.00.05-0.12-0.830.2-0.190.971.00.93-0.17-0.190.240.890.76-0.2-0.440.370.630.00.850.17-0.740.90.86
-0.21-0.21-0.350.120.13-0.17-0.14-0.19-0.22-0.19-0.14-0.78-0.24-0.12-0.05-0.2-0.52-0.4-0.34-0.46-0.11-0.070.3-0.21-0.22
-0.43-0.440.5-0.230.37-0.20.01-0.47-0.42-0.380.00.89-0.23-0.33-0.23-0.44-0.52-0.31-0.330.24-0.29-0.20.04-0.5-0.49
0.360.36-0.03-0.02-0.320.150.270.370.370.30.28-0.020.480.270.150.37-0.4-0.310.340.080.230.23-0.210.420.41
0.660.66-0.130.15-0.70.29-0.250.640.630.41-0.25-0.070.120.510.160.63-0.34-0.330.340.180.260.67-0.240.730.72
0.050.05-0.020.190.330.75-0.170.130.00.11-0.180.35-0.06-0.33-0.180.0-0.460.240.080.18-0.27-0.20.050.280.38
0.830.830.21-0.29-0.73-0.19-0.130.820.860.87-0.1-0.130.160.920.880.85-0.11-0.290.230.26-0.27-0.13-0.920.630.57
0.180.180.01-0.04-0.57-0.14-0.040.160.17-0.19-0.04-0.090.060.25-0.130.17-0.07-0.20.230.67-0.2-0.130.170.30.26
-0.72-0.72-0.380.390.650.250.17-0.77-0.74-0.760.15-0.11-0.05-0.85-0.82-0.740.30.04-0.21-0.240.05-0.920.17-0.6-0.56
0.920.92-0.02-0.05-0.740.37-0.240.960.90.8-0.22-0.240.180.730.570.9-0.21-0.50.420.730.280.630.3-0.60.99
0.880.89-0.060.0-0.670.46-0.250.940.860.78-0.24-0.220.170.650.530.86-0.22-0.490.410.720.380.570.26-0.560.99
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Summit Securities Account Relationship Matchups

Summit Securities balance sheet Accounts

201920202021202220232024 (projected)
Total Assets24.6B54.4B49.4B56.4B100.8B105.8B
Total Stockholder Equity23.0B49.4B44.8B51.1B90.3B94.8B
Net Debt(308.0M)(57.3M)(306.4M)(93.5M)(33.2M)(34.8M)
Cash319.9M71.9M317.5M97.9M33.2M31.5M
Other Assets(2K)(1K)4.1M(100.6B)(90.6B)(86.0B)
Cash And Short Term Investments24.1B53.5B48.3B264.5M54.3M51.6M
Liabilities And Stockholders Equity24.6B54.4B49.4B56.4B100.8B105.8B
Other Stockholder Equity20.1B46.4B41.4B47.3B85.9B90.2B
Total Liab1.6B5.0B4.5B5.3B10.5B11.0B
Total Current Assets24.1B53.5B48.3B265.0M100.7B105.7B
Short Long Term Debt Total11.9M14.6M11.1M4.5M4.8M4.5M
Property Plant And Equipment Net2.1M2.1M1.9M1.8M2.3M2.4M
Non Current Assets Total526.4M811.5M1.1B56.1B100.7B105.8B
Non Currrent Assets Other523.9M53.5B(48.0B)170.5M100.8B105.8B
Non Current Liabilities Total1.6B5.0B4.5B5.3B10.5B11.0B
Accumulated Other Comprehensive Income(271K)46.4B41.4B47.3B90.2B94.7B
Other Current Liab11.0M10.4M(21.3M)4.4M3.4M3.3M
Total Current Liabilities36.3M35.8M29.4M4.4M3.4M3.3M
Retained Earnings2.8B2.9B3.3B3.6B4.2B2.6B
Net Receivables3.3M2.0M3.5M6.4M3.9M2.1M
Short Term Investments23.7B53.5B48.0B166.6M21.1M20.1M
Inventory(523.9M)(809.4M)(1.1B)(1.4B)100.6B105.6B
Other Current Assets15.0M5.9M7.2M1.5B4.4M4.2M
Intangible Assets(479.8M)(534.1M)(433.1M)(340.0M)(100.9B)(95.9B)
Other Liab1.6B5.0B4.5B5.3B6.1B6.4B
Net Tangible Assets36.7B23.0B49.4B44.8B51.5B54.1B
Property Plant Equipment2.1M2.1M1.9M1.8M2.1M2.2M
Net Invested Capital23.0B49.4B44.8B51.1B90.3B94.8B
Net Working Capital298.6M81.0M48.3B267.1M54.6M51.9M
Good Will239.9M267.1M216.5M170.0M169.9M174.1M

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