Summit Other Liab from 2010 to 2024

SUM Stock  USD 51.16  2.76  5.70%   
Summit Materials Other Liabilities yearly trend continues to be very stable with very little volatility. Other Liabilities is likely to drop to about 336.8 M. During the period from 2010 to 2024, Summit Materials Other Liabilities quarterly data regression pattern had sample variance of 35437.2 T and median of  336,776,550. View All Fundamentals
 
Other Liabilities  
First Reported
2013-12-31
Previous Quarter
447.9 M
Current Value
180.3 M
Quarterly Volatility
158.1 M
 
Yuan Drop
 
Covid
Check Summit Materials financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Materials' main balance sheet or income statement drivers, such as Depreciation And Amortization of 175 M, Interest Expense of 99 M or Selling General Administrative of 224.9 M, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 2.0E-4 or PTB Ratio of 1.42. Summit financial statements analysis is a perfect complement when working with Summit Materials Valuation or Volatility modules.
  
Check out the analysis of Summit Materials Correlation against competitors.
To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.

Latest Summit Materials' Other Liab Growth Pattern

Below is the plot of the Other Liab of Summit Materials over the last few years. It is Summit Materials' Other Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit Materials' overall financial position and show how it may be relating to other accounts over time.
Other Liab10 Years Trend
Slightly volatile
   Other Liab   
       Timeline  

Summit Other Liab Regression Statistics

Arithmetic Mean274,558,457
Geometric Mean199,843,781
Coefficient Of Variation68.56
Mean Deviation176,328,026
Median336,776,550
Standard Deviation188,247,762
Sample Variance35437.2T
Range459.8M
R-Value0.87
Mean Square Error9181.7T
R-Squared0.76
Significance0.000023
Slope36,681,977
Total Sum of Squares496121.1T

Summit Other Liab History

2024336.8 M
2023524.8 M
2022456.4 M
2021486.9 M
2020455.2 M
2019406.6 M
2018413.7 M

About Summit Materials Financial Statements

Summit Materials investors utilize fundamental indicators, such as Other Liab, to predict how Summit Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Liabilities524.8 M336.8 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Summit Materials is a strong investment it is important to analyze Summit Materials' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Summit Materials' future performance. For an informed investment choice regarding Summit Stock, refer to the following important reports:
Check out the analysis of Summit Materials Correlation against competitors.
To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Construction Materials 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 Materials. 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 Materials 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
(0.69)
Earnings Share
0.85
Revenue Per Share
23.53
Quarterly Revenue Growth
0.474
Return On Assets
0.0464
The market value of Summit Materials 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 Materials' value that differs from its market value or its book value, called intrinsic value, which is Summit Materials' 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 Materials' market value can be influenced by many factors that don't directly affect Summit Materials' 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 Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Materials' 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.