Summit Non Current Liabilities Total from 2010 to 2024

SMC Stock   37.13  0.23  0.62%   
Summit Midstream's Non Current Liabilities Total is decreasing over the years with slightly volatile fluctuation. Non Current Liabilities Total is expected to dwindle to about 1.3 B. During the period from 2010 to 2024 Summit Midstream Non Current Liabilities Total annual values regression line had geometric mean of  1,610,849,928 and mean square error of 7967.6 T. View All Fundamentals
 
Non Current Liabilities Total  
First Reported
2010-12-31
Previous Quarter
1.5 B
Current Value
1.3 B
Quarterly Volatility
114.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 130.8 M, Selling General Administrative of 42.5 M or Selling And Marketing Expenses of 3.2 M, as well as many indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.0179 or PTB Ratio of 0.5. Summit financial statements analysis is a perfect complement when working with Summit Midstream Valuation or Volatility modules.
  
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.

Latest Summit Midstream's Non Current Liabilities Total Growth Pattern

Below is the plot of the Non Current Liabilities Total of Summit Midstream over the last few years. It is Summit Midstream's Non Current Liabilities Total 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.
Non Current Liabilities Total10 Years Trend
Slightly volatile
   Non Current Liabilities Total   
       Timeline  

Summit Non Current Liabilities Total Regression Statistics

Arithmetic Mean1,615,094,245
Geometric Mean1,610,849,928
Coefficient Of Variation7.11
Mean Deviation83,982,707
Median1,671,865,000
Standard Deviation114,844,472
Sample Variance13189.3T
Range411.1M
R-Value(0.66)
Mean Square Error7967.6T
R-Squared0.44
Significance0.01
Slope(17,015,794)
Total Sum of Squares184649.5T

Summit Non Current Liabilities Total History

20241.3 B
20231.5 B
20221.7 B
20211.5 B
20201.5 B

About Summit Midstream Financial Statements

Summit Midstream stakeholders use historical fundamental indicators, such as Summit Midstream's Non Current Liabilities Total, 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
Non Current Liabilities Total1.5 B1.3 B

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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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
6.19
Revenue Per Share
44.885
Quarterly Revenue Growth
0.035
Return On Assets
0.0226
Return On Equity
0.1084
The market value of Summit Midstream is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Midstream's value that differs from its market value or its book value, called intrinsic value, which is Summit Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Midstream's market value can be influenced by many factors that don't directly affect Summit Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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.