Summit Company Equity Multiplier from 2010 to 2024

SMC Stock   37.78  0.97  2.64%   
Summit Midstream's Company Equity Multiplier is decreasing over the years with stable fluctuation. Overall, Company Equity Multiplier is expected to go to 3.64 this year. During the period from 2010 to 2024 Summit Midstream Company Equity Multiplier annual values regression line had coefficient of variation of  158.88 and r-squared of  0.07. View All Fundamentals
 
Company Equity Multiplier  
First Reported
2010-12-31
Previous Quarter
3.47109161
Current Value
3.64
Quarterly Volatility
4.53060314
 
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 Company Equity Multiplier Growth Pattern

Below is the plot of the Company Equity Multiplier of Summit Midstream over the last few years. It is Summit Midstream's Company Equity Multiplier 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.
Company Equity Multiplier10 Years Trend
Pretty Stable
   Company Equity Multiplier   
       Timeline  

Summit Company Equity Multiplier Regression Statistics

Arithmetic Mean2.85
Coefficient Of Variation158.88
Mean Deviation2.18
Median4.30
Standard Deviation4.53
Sample Variance20.53
Range17.731
R-Value(0.26)
Mean Square Error20.62
R-Squared0.07
Significance0.35
Slope(0.26)
Total Sum of Squares287.37

Summit Company Equity Multiplier History

2024 3.64
2023 3.47
2022 3.35
2021 2.79
2020 -13.43

About Summit Midstream Financial Statements

Summit Midstream stakeholders use historical fundamental indicators, such as Summit Midstream's Company Equity Multiplier, 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 statem