Summit Capital Expenditure Coverage Ratio from 2010 to 2024

Stocks . USA . 
Stock . Summit Midstream
SMC Stock   37.78  0.97  2.64%   
Summit Midstream's Capital Expenditure Coverage Ratio is increasing over the years with slightly volatile fluctuation. Overall, Capital Expenditure Coverage Ratio is expected to go to 2.74 this year. During the period from 2010 to 2024 Summit Midstream Capital Expenditure Coverage Ratio annual values regression line had geometric mean of  1.40 and mean square error of  2.10. View All Fundamentals
 
Capital Expenditure Coverage Ratio  
First Reported
2010-12-31
Previous Quarter
1.84175314
Current Value
2.74
Quarterly Volatility
1.73422929
 
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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 Capital Expenditure Coverage Ratio Growth Pattern

Below is the plot of the Capital Expenditure Coverage Ratio of Summit Midstream over the last few years. It is Summit Midstream's Capital Expenditure Coverage Ratio 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.
Capital Expenditure Coverage Ratio10 Years Trend
Slightly volatile
Compare to OthersAll Fundamentals
   Capital Expenditure Coverage Ratio   
       Timeline  

Summit Capital Expenditure Coverage Ratio Regression Statistics

Arithmetic Mean1.86
Geometric Mean1.40
Coefficient Of Variation93.25
Mean Deviation1.30
Median0.89
Standard Deviation1.73
Sample Variance3.01
Range5.7088
R-Value0.59
Mean Square Error2.10
R-Squared0.35
Significance0.02
Slope0.23
Total Sum of Squares42.11

Summit Capital Expenditure Coverage Ratio History

2024 2.74
2023 1.84
2022 3.24
2021 6.6
2020 4.6

About Summit Midstream Financial Statements

Summit Midstream stakeholders use historical fundamental indicators, such as Summit Midstream's
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