Summit Total Stockholder Equity vs Net Debt Analysis

SUMMITSEC

3,126 34.10 1.10%

Summit Securities financial indicator trend analysis is much more than just breaking down Summit Securities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Summit Securities is a good investment. Please check the relationship between Summit Securities Total Stockholder Equity and its Net Debt accounts. 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.

Total Stockholder Equity vs Net Debt

Total Stockholder Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Summit Securities Total Stockholder Equity account and Net Debt. At this time, the significance of the direction appears to have no relationship.

The correlation between Summit Securities' Total Stockholder Equity and Net Debt is 0.03. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Debt in the same time period over historical financial statements of Summit Securities Limited, assuming nothing else is changed. The correlation between historical values of Summit Securities' Total Stockholder Equity and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Summit Securities Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Stockholder Equity i.e., Summit Securities' Total Stockholder Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

0.03

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Summit Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.

Selling General Administrative is likely to gain to about 8.5 M in 2024. Tax Provision is likely to gain to about 237.7 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	618.5M	478.4M	996.8M	1.0B
Total Revenue	643.6M	492.2M	1.0B	1.1B

Gross Profit Total Revenue

Summit Securities fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Current Liab	Total Current Liabilities	Retained Earnings	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Intangible Assets	Other Liab	Net Tangible Assets
Total Assets		1.0	0.03	-0.1	-0.82	0.24	-0.23	0.97	1.0	0.93	-0.21	-0.19	0.21	0.87	0.74	1.0	-0.21	-0.43	0.36	0.66	0.05	0.83	0.18	-0.72	0.92	0.88
Total Stockholder Equity	1.0		0.03	-0.09	-0.82	0.25	-0.23	0.97	1.0	0.93	-0.21	-0.19	0.21	0.87	0.74	1.0	-0.21	-0.44	0.36	0.66	0.05	0.83	0.18	-0.72	0.92	0.89
Net Debt	0.03	0.03		-0.95	-0.17	-0.38	0.01	0.05	0.07	0.01	0.01	0.51	-0.1	0.23	0.36	0.05	-0.35	0.5	-0.03	-0.13	-0.02	0.21	0.01	-0.38	-0.02	-0.06
Cash	-0.1	-0.09	-0.95		0.25	0.43	-0.04	-0.13	-0.13	-0.07	-0.05	-0.23	0.05	-0.31	-0.45	-0.12	0.12	-0.23	-0.02	0.15	0.19	-0.29	-0.04	0.39	-0.05	0.0
Other Assets	-0.82	-0.82	-0.17	0.25		0.23	0.16	-0.8	-0.83	-0.6	0.14	0.17	-0.16	-0.93	-0.64	-0.83	0.13	0.37	-0.32	-0.7	0.33	-0.73	-0.57	0.65	-0.74	-0.67
Cash And Short Term Investments	0.24	0.25	-0.38	0.43	0.23		-0.12	0.21	0.2	0.31	-0.12	-0.07	0.14	-0.26	-0.14	0.2	-0.17	-0.2	0.15	0.29	0.75	-0.19	-0.14	0.25	0.37	0.46
Common Stock Shares Outstanding	-0.23	-0.23	0.01	-0.04	0.16	-0.12		-0.24	-0.19	-0.18	1.0	0.27	0.88	-0.17	-0.13	-0.19	-0.14	0.01	0.27	-0.25	-0.17	-0.13	-0.04	0.17	-0.24	-0.25
Other Stockholder Equity	0.97	0.97	0.05	-0.13	-0.8	0.21	-0.24		0.96	0.9	-0.22	-0.22	0.17	0.86	0.74	0.97	-0.19	-0.47	0.37	0.64	0.13	0.82	0.16	-0.77	0.96	0.94
Total Liab	1.0	1.0	0.07	-0.13	-0.83	0.2	-0.19	0.96		0.93	-0.17	-0.17	0.24	0.89	0.76	1.0	-0.22	-0.42	0.37	0.63	0.0	0.86	0.17	-0.74	0.9	0.86
Total Current Assets	0.93	0.93	0.01	-0.07	-0.6	0.31	-0.18	0.9	0.93		-0.16	-0.16	0.22	0.77	0.78	0.93	-0.19	-0.38	0.3	0.41	0.11	0.87	-0.19	-0.76	0.8	0.78
Common Stock	-0.21	-0.21	0.01	-0.05	0.14	-0.12	1.0	-0.22	-0.17	-0.16		0.26	0.88	-0.15	-0.11	-0.17	-0.14	0.0	0.28	-0.25	-0.18	-0.1	-0.04	0.15	-0.22	-0.24
Short Long Term Debt Total	-0.19	-0.19	0.51	-0.23	0.17	-0.07	0.27	-0.22	-0.17	-0.16	0.26		0.16	-0.15	-0.09	-0.19	-0.78	0.89	-0.02	-0.07	0.35	-0.13	-0.09	-0.11	-0.24	-0.22
Property Plant And Equipment Net	0.21	0.21	-0.1	0.05	-0.16	0.14	0.88	0.17	0.24	0.22	0.88	0.16		0.14	0.13	0.24	-0.24	-0.23	0.48	0.12	-0.06	0.16	0.06	-0.05	0.18	0.17
Non Current Assets Total	0.87	0.87	0.23	-0.31	-0.93	-0.26	-0.17	0.86	0.89	0.77	-0.15	-0.15	0.14		0.81	0.89	-0.12	-0.33	0.27	0.51	-0.33	0.92	0.25	-0.85	0.73	0.65
Non Currrent Assets Other	0.74	0.74	0.36	-0.45	-0.64	-0.14	-0.13	0.74	0.76	0.78	-0.11	-0.09	0.13	0.81		0.76	-0.05	-0.23	0.15	0.16	-0.18	0.88	-0.13	-0.82	0.57	0.53
Non Current Liabilities Total	1.0	1.0	0.05	-0.12	-0.83	0.2	-0.19	0.97	1.0	0.93	-0.17	-0.19	0.24	0.89	0.76		-0.2	-0.44	0.37	0.63	0.0	0.85	0.17	-0.74	0.9	0.86
Other Current Liab	-0.21	-0.21	-0.35	0.12	0.13	-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	-0.07	0.3	-0.21	-0.22
Total Current Liabilities	-0.43	-0.44	0.5	-0.23	0.37	-0.2	0.01	-0.47	-0.42	-0.38	0.0	0.89	-0.23	-0.33	-0.23	-0.44	-0.52		-0.31	-0.33	0.24	-0.29	-0.2	0.04	-0.5	-0.49
Retained Earnings	0.36	0.36	-0.03	-0.02	-0.32	0.15	0.27	0.37	0.37	0.3	0.28	-0.02	0.48	0.27	0.15	0.37	-0.4	-0.31		0.34	0.08	0.23	0.23	-0.21	0.42	0.41
Net Receivables	0.66	0.66	-0.13	0.15	-0.7	0.29	-0.25	0.64	0.63	0.41	-0.25	-0.07	0.12	0.51	0.16	0.63	-0.34	-0.33	0.34		0.18	0.26	0.67	-0.24	0.73	0.72
Short Term Investments	0.05	0.05	-0.02	0.19	0.33	0.75	-0.17	0.13	0.0	0.11	-0.18	0.35	-0.06	-0.33	-0.18	0.0	-0.46	0.24	0.08	0.18		-0.27	-0.2	0.05	0.28	0.38
Inventory	0.83	0.83	0.21	-0.29	-0.73	-0.19	-0.13	0.82	0.86	0.87	-0.1	-0.13	0.16	0.92	0.88	0.85	-0.11	-0.29	0.23	0.26	-0.27		-0.13	-0.92	0.63	0.57
Other Current Assets	0.18	0.18	0.01	-0.04	-0.57	-0.14	-0.04	0.16	0.17	-0.19	-0.04	-0.09	0.06	0.25	-0.13	0.17	-0.07	-0.2	0.23	0.67	-0.2	-0.13		0.17	0.3	0.26
Intangible Assets	-0.72	-0.72	-0.38	0.39	0.65	0.25	0.17	-0.77	-0.74	-0.76	0.15	-0.11	-0.05	-0.85	-0.82	-0.74	0.3	0.04	-0.21	-0.24	0.05	-0.92	0.17		-0.6	-0.56
Other Liab	0.92	0.92	-0.02	-0.05	-0.74	0.37	-0.24	0.96	0.9	0.8	-0.22	-0.24	0.18	0.73	0.57	0.9	-0.21	-0.5	0.42	0.73	0.28	0.63	0.3	-0.6		0.99
Net Tangible Assets	0.88	0.89	-0.06	0.0	-0.67	0.46	-0.25	0.94	0.86	0.78	-0.24	-0.22	0.17	0.65	0.53	0.86	-0.22	-0.49	0.41	0.72	0.38	0.57	0.26	-0.56	0.99

Click cells to compare fundamentals

Summit Securities Account Relationship Matchups

Summit Securities fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	24.6B	54.4B	49.4B	56.4B	100.8B	105.8B
Total Stockholder Equity	23.0B	49.4B	44.8B	51.1B	90.3B	94.8B
Net Debt	(308.0M)	(57.3M)	(306.4M)	(93.5M)	(33.2M)	(34.8M)
Cash	319.9M	71.9M	317.5M	97.9M	33.2M	31.5M
Other Assets	(2K)	(1K)	4.1M	(100.6B)	(90.6B)	(86.0B)
Cash And Short Term Investments	24.1B	53.5B	48.3B	264.5M	54.3M	51.6M
Liabilities And Stockholders Equity	24.6B	54.4B	49.4B	56.4B	100.8B	105.8B
Other Stockholder Equity	20.1B	46.4B	41.4B	47.3B	85.9B	90.2B
Total Liab	1.6B	5.0B	4.5B	5.3B	10.5B	11.0B
Total Current Assets	24.1B	53.5B	48.3B	265.0M	100.7B	105.7B
Short Long Term Debt Total	11.9M	14.6M	11.1M	4.5M	4.8M	4.5M
Property Plant And Equipment Net	2.1M	2.1M	1.9M	1.8M	2.3M	2.4M
Non Current Assets Total	526.4M	811.5M	1.1B	56.1B	100.7B	105.8B
Non Currrent Assets Other	523.9M	53.5B	(48.0B)	170.5M	100.8B	105.8B
Non Current Liabilities Total	1.6B	5.0B	4.5B	5.3B	10.5B	11.0B
Accumulated Other Comprehensive Income	(271K)	46.4B	41.4B	47.3B	90.2B	94.7B
Other Current Liab	11.0M	10.4M	(21.3M)	4.4M	3.4M	3.3M
Total Current Liabilities	36.3M	35.8M	29.4M	4.4M	3.4M	3.3M
Retained Earnings	2.8B	2.9B	3.3B	3.6B	4.2B	2.6B
Net Receivables	3.3M	2.0M	3.5M	6.4M	3.9M	2.1M
Short Term Investments	23.7B	53.5B	48.0B	166.6M	21.1M	20.1M
Inventory	(523.9M)	(809.4M)	(1.1B)	(1.4B)	100.6B	105.6B
Other Current Assets	15.0M	5.9M	7.2M	1.5B	4.4M	4.2M
Intangible Assets	(479.8M)	(534.1M)	(433.1M)	(340.0M)	(100.9B)	(95.9B)
Other Liab	1.6B	5.0B	4.5B	5.3B	6.1B	6.4B
Net Tangible Assets	36.7B	23.0B	49.4B	44.8B	51.5B	54.1B
Property Plant Equipment	2.1M	2.1M	1.9M	1.8M	2.1M	2.2M
Net Invested Capital	23.0B	49.4B	44.8B	51.1B	90.3B	94.8B
Net Working Capital	298.6M	81.0M	48.3B	267.1M	54.6M	51.9M
Good Will	239.9M	267.1M	216.5M	170.0M	169.9M	174.1M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

Additional Tools for Summit Stock Analysis

When running Summit Securities' price analysis, check to measure Summit Securities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Securities is operating at the current time. Most of Summit Securities' value examination focuses on studying past and present price action to predict the probability of Summit Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Securities' price. Additionally, you may evaluate how the addition of Summit Securities to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Summit Total Stockholder Equity vs Net Debt Analysis

Total Stockholder Equity vs Net Debt

Total Stockholder Equity vs Net Debt Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Net Debt

Summit Securities fundamental ratios Correlations

Summit Securities Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Summit Securities fundamental ratios Accounts

Also Currently Popular

Additional Tools for Summit Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Stockholder Equity
Non Current Liabilities Total	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Common Stock Shares Outstanding

Cash	- 0.95	Net Debt
Non Current Assets Total	- 0.93	Other Assets
Intangible Assets	- 0.92	Inventory
Intangible Assets	- 0.85	Non Current Assets Total
Non Current Liabilities Total	- 0.83	Other Assets
Total Liab	- 0.83	Other Assets