Summit Resources Limited Stock Net Income
| SMM Stock | 0 0 33.33% |
Summit Resources Limited fundamentals help investors to digest information that contributes to Summit Resources' financial success or failures. It also enables traders to predict the movement of Summit Stock. The fundamental analysis module provides a way to measure Summit Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Summit Resources stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -20 M | -19 M | |
| Net Loss | -20 M | -19 M | |
| Net Loss | -397.9 K | -417.8 K |
Summit | Net Income |
Summit Resources Limited Company Net Income Analysis
Summit Resources' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Summit Resources Net Income | (19.99 M) |
Most of Summit Resources' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Summit Resources Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Summit Operating Income
Operating Income |
|
Based on the recorded statements, Summit Resources Limited reported net income of (19.99 Million). This is 66.13% higher than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all Australia stocks is 103.5% higher than that of the company.
Summit Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Summit Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Summit Resources could also be used in its relative valuation, which is a method of valuing Summit Resources by comparing valuation metrics of similar companies.Summit Resources is currently under evaluation in net income category among its peers.
Summit Fundamentals
| Return On Equity | -3.0 | ||||
| Return On Asset | -1.01 | ||||
| Current Valuation | 1.99 M | ||||
| Shares Outstanding | 1.03 B | ||||
| Shares Owned By Insiders | 7.10 % | ||||
| Price To Book | 0.22 X | ||||
| Price To Sales | 436.43 X | ||||
| Revenue | 7.09 K | ||||
| EBITDA | (1.67 M) | ||||
| Net Income | (19.99 M) | ||||
| Total Debt | 5.5 M | ||||
| Book Value Per Share | (0) X | ||||
| Earnings Per Share | (0.04) X | ||||
| Beta | 1.23 | ||||
| Market Capitalization | 3.09 M | ||||
| Total Asset | 4.01 M | ||||
| Retained Earnings | (34.51 M) | ||||
| Working Capital | 900.18 K | ||||
| Net Asset | 4.01 M |
About Summit Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Summit Resources Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Summit Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Summit Resources Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Summit Stock Analysis
When running Summit Resources' price analysis, check to measure Summit Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Resources is operating at the current time. Most of Summit Resources' value examination focuses on studying past and present price action to predict the probability of Summit Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Resources' price. Additionally, you may evaluate how the addition of Summit Resources to your portfolios can decrease your overall portfolio volatility.