Summit Interest Coverage from 2010 to 2026
| SMC Stock | 28.71 0.16 0.56% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 0.57 | Current Value 0.54 | Quarterly Volatility 0.56248277 |
Check Summit Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Midstream's main balance sheet or income statement drivers, such as Depreciation And Amortization of 92.8 M, Interest Expense of 109.2 M or Selling General Administrative of 42.6 M, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0178 or PTB Ratio of 0.81. Summit financial statements analysis is a perfect complement when working with Summit Midstream Valuation or Volatility modules.
Summit | Interest Coverage | Build AI portfolio with Summit Stock |
Analyzing Summit Midstream's Interest Coverage over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Interest Coverage has evolved provides context for assessing Summit Midstream's current valuation and future prospects.
Latest Summit Midstream's Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of Summit Midstream over the last few years. It is Summit Midstream's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit Midstream's overall financial position and show how it may be relating to other accounts over time.
| Interest Coverage | 10 Years Trend |
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Interest Coverage |
| Timeline |
Summit Interest Coverage Regression Statistics
| Arithmetic Mean | 1.14 | |
| Geometric Mean | 1.02 | |
| Coefficient Of Variation | 49.39 | |
| Mean Deviation | 0.39 | |
| Median | 1.31 | |
| Standard Deviation | 0.56 | |
| Sample Variance | 0.32 | |
| Range | 2.3797 | |
| R-Value | (0.43) | |
| Mean Square Error | 0.27 | |
| R-Squared | 0.19 | |
| Significance | 0.08 | |
| Slope | (0.05) | |
| Total Sum of Squares | 5.06 |
Summit Interest Coverage History
About Summit Midstream Financial Statements
Summit Midstream stakeholders use historical fundamental indicators, such as Summit Midstream's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Summit Midstream investors may analyze each financial statement separately, they are all interrelated. For example, changes in Summit Midstream's assets and liabilities are reflected in the revenues and expenses on Summit Midstream's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Summit Midstream. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Interest Coverage | 0.57 | 0.54 |
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.When determining whether Summit Midstream offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit Midstream's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Summit Midstream Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit Midstream Stock:Check out the analysis of Summit Midstream Correlation against competitors. For information on how to trade Summit Stock refer to our How to Trade Summit Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Will Oil & Gas Storage & Transportation sector continue expanding? Could Summit diversify its offerings? Factors like these will boost the valuation of Summit Midstream. If investors know Summit will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Summit Midstream data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (3.34) | Revenue Per Share | Quarterly Revenue Growth 0.404 | Return On Assets | Return On Equity |
Summit Midstream's market price often diverges from its book value, the accounting figure shown on Summit's balance sheet. Smart investors calculate Summit Midstream's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Summit Midstream's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Summit Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.