Summit Net Debt from 2010 to 2026

SMC Stock   29.11  0.63  2.21%   
Summit Midstream's Net Debt is decreasing over the years with slightly volatile fluctuation. Overall, Net Debt is expected to go to about 1.1 B this year. Net Debt is the total debt of Summit Midstream minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2010-12-31
Previous Quarter
873.7 M
Current Value
1.1 B
Quarterly Volatility
250.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
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.
  
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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.
Analyzing Summit Midstream's Net Debt 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 Net Debt has evolved provides context for assessing Summit Midstream's current valuation and future prospects.

Latest Summit Midstream's Net Debt Growth Pattern

Below is the plot of the Net Debt of Summit Midstream over the last few years. It is 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. Summit Midstream's Net Debt 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.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Summit Net Debt Regression Statistics

Arithmetic Mean1,459,364,978
Geometric Mean1,435,058,752
Coefficient Of Variation17.15
Mean Deviation195,739,325
Median1,621,484,000
Standard Deviation250,239,876
Sample Variance62620T
Range747.8M
R-Value(0.79)
Mean Square Error25101.6T
R-Squared0.62
Significance0.0002
Slope(39,151,416)
Total Sum of Squares1001919.9T

Summit Net Debt History

20261.1 B
2025873.7 M
2024970.8 M
20231.5 B
20221.5 B
20211.4 B
20201.3 B

Other Fundumenentals of Summit Midstream

Summit Midstream Net Debt component correlations

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0.290.360.16-0.92-0.450.36-0.06-0.56-0.40.010.90.550.510.70.310.51-0.52-0.45-0.39-0.390.250.25
-0.580.36-0.79-0.53-0.941.00.9-0.930.59-0.90.23-0.38-0.560.03-0.75-0.540.560.440.410.41-0.36-0.36
0.860.16-0.790.060.77-0.77-0.910.65-0.630.940.380.870.930.550.860.93-0.92-0.81-0.73-0.730.620.62
-0.07-0.92-0.530.060.63-0.53-0.10.710.280.21-0.77-0.35-0.29-0.64-0.08-0.270.330.270.250.25-0.05-0.05
0.67-0.45-0.940.770.63-0.94-0.790.98-0.370.87-0.210.40.5-0.030.640.52-0.48-0.48-0.46-0.460.530.53
-0.590.361.0-0.77-0.53-0.940.89-0.930.61-0.890.24-0.35-0.540.06-0.75-0.530.540.440.420.42-0.38-0.38
-0.75-0.060.9-0.91-0.1-0.790.89-0.720.82-0.96-0.15-0.65-0.82-0.32-0.92-0.80.840.680.630.63-0.48-0.48
0.57-0.56-0.930.650.710.98-0.93-0.72-0.350.79-0.350.220.35-0.190.570.37-0.33-0.36-0.36-0.360.470.47
-0.56-0.40.59-0.630.28-0.370.610.82-0.35-0.69-0.3-0.49-0.7-0.32-0.89-0.670.740.550.510.51-0.34-0.34
0.830.01-0.90.940.210.87-0.89-0.960.79-0.690.180.690.820.280.90.82-0.81-0.71-0.66-0.660.610.61
0.540.90.230.38-0.77-0.210.24-0.15-0.35-0.30.180.760.660.860.40.69-0.62-0.61-0.53-0.530.520.52
0.830.55-0.380.87-0.350.4-0.35-0.650.22-0.490.690.760.960.860.70.96-0.93-0.88-0.78-0.780.650.65
0.850.51-0.560.93-0.290.5-0.54-0.820.35-0.70.820.660.960.750.870.99-0.99-0.87-0.77-0.770.620.62
0.550.70.030.55-0.64-0.030.06-0.32-0.19-0.320.280.860.860.750.40.75-0.74-0.68-0.58-0.580.410.41
0.810.31-0.750.86-0.080.64-0.75-0.920.57-0.890.90.40.70.870.40.86-0.86-0.69-0.62-0.620.60.6
0.890.51-0.540.93-0.270.52-0.53-0.80.37-0.670.820.690.960.990.750.86-0.97-0.89-0.8-0.80.70.7
-0.81-0.520.56-0.920.33-0.480.540.84-0.330.74-0.81-0.62-0.93-0.99-0.74-0.86-0.970.870.780.78-0.56-0.56
-0.89-0.450.44-0.810.27-0.480.440.68-0.360.55-0.71-0.61-0.88-0.87-0.68-0.69-0.890.870.980.98-0.79-0.79
-0.86-0.390.41-0.730.25-0.460.420.63-0.360.51-0.66-0.53-0.78-0.77-0.58-0.62-0.80.780.981.0-0.8-0.8
-0.86-0.390.41-0.730.25-0.460.420.63-0.360.51-0.66-0.53-0.78-0.77-0.58-0.62-0.80.780.981.0-0.8-0.8
0.930.25-0.360.62-0.050.53-0.38-0.480.47-0.340.610.520.650.620.410.60.7-0.56-0.79-0.8-0.81.0
0.930.25-0.360.62-0.050.53-0.38-0.480.47-0.340.610.520.650.620.410.60.7-0.56-0.79-0.8-0.81.0
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About Summit Midstream Financial Statements

Summit Midstream stakeholders use historical fundamental indicators, such as Summit Midstream's Net Debt, 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 ReportedProjected for Next Year
Net Debt873.7 M1.1 B
Net Debt To EBITDA 3.49  6.21 

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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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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
43.852
Quarterly Revenue Growth
0.404
Return On Assets
0.0224
Return On Equity
(0.02)
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.