Summit Intangible Assets from 2010 to 2026

SSBI Stock  USD 13.76  0.09  0.66%   
Summit State's Intangible Assets are increasing with slightly volatile movements from year to year. Intangible Assets are predicted to flatten to about 4.5 M. Intangible Assets is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. View All Fundamentals
 
Intangible Assets  
First Reported
2005-12-31
Previous Quarter
4.1 M
Current Value
4.1 M
Quarterly Volatility
20.19954799
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Summit State financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit State's main balance sheet or income statement drivers, such as Depreciation And Amortization of 689.5 K, Interest Expense of 24.7 M or Total Revenue of 30.8 M, as well as many indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.049 or PTB Ratio of 1.19. Summit financial statements analysis is a perfect complement when working with Summit State Valuation or Volatility modules.
  
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Check out the analysis of Summit State Correlation against competitors.
The Intangible Assets trend for Summit State Bank offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Summit State is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Summit State's Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Summit State Bank over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Summit State's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit State's overall financial position and show how it may be relating to other accounts over time.
Intangible Assets10 Years Trend
Slightly volatile
   Intangible Assets   
       Timeline  

Summit Intangible Assets Regression Statistics

Arithmetic Mean4,179,565
Geometric Mean4,176,343
Coefficient Of Variation4.18
Mean Deviation106,895
Median4,119,000
Standard Deviation174,827
Sample Variance30.6B
Range618K
R-Value0.54
Mean Square Error23.1B
R-Squared0.29
Significance0.03
Slope18,679
Total Sum of Squares489B

Summit Intangible Assets History

20264.5 M
20254.7 M
20114.1 M
20104.1 M

About Summit State Financial Statements

Investors use fundamental indicators, such as Summit State's Intangible Assets, to determine how well the company is positioned to perform in the future. Although Summit State's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Intangible Assets4.7 M4.5 M

Currently Active Assets on Macroaxis

When determining whether Summit State Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit State'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 State Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit State Bank Stock:
Check out the analysis of Summit State Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is there potential for Regional Banks market expansion? Will Summit introduce new products? Factors like these will boost the valuation of Summit State. If investors know Summit will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about Summit State listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.333
Earnings Share
(0.21)
Revenue Per Share
4.883
Quarterly Revenue Growth
3.276
Return On Assets
0.0066
Summit State Bank's market price often diverges from its book value, the accounting figure shown on Summit's balance sheet. Smart investors calculate Summit State's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Summit State'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 State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit State'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.