Summit Midstream Net Worth
Summit Midstream Net Worth Breakdown | SMC |
Summit Midstream Net Worth Analysis
Summit Midstream's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Summit Midstream's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Summit Midstream's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Summit Midstream's net worth analysis. One common approach is to calculate Summit Midstream's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Summit Midstream's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Summit Midstream's net worth. This approach calculates the present value of Summit Midstream's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Summit Midstream's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Summit Midstream's net worth. This involves comparing Summit Midstream's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Summit Midstream's net worth relative to its peers.
To determine if Summit Midstream is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Summit Midstream's net worth research are outlined below:
| Summit Midstream has high likelihood to experience some financial distress in the next 2 years | |
| Summit Midstream was previously known as Summit Midstream Partners and was traded on New York Stock Exchange under the symbol SMLP. | |
| The company reported the last year's revenue of 458.9 M. Reported Net Loss for the year was (38.95 M) with profit before taxes, overhead, and interest of 0. | |
| Summit Midstream has a poor financial position based on the latest SEC disclosures | |
| About 13.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Analyzing Summit Midstream and Its Competitors |
Follow Summit Midstream's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 368.34 M.Market Cap |
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Project Summit Midstream's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.05) | (0.06) |
When accessing Summit Midstream's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Summit Midstream's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Summit Midstream's profitability and make more informed investment decisions.
Please note, the presentation of Summit Midstream's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Summit Midstream's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Summit Midstream's management manipulating its earnings.
Evaluate Summit Midstream's management efficiency
Summit Midstream has Return on Asset of 0.0226 % which means that on every $100 spent on assets, it made $0.0226 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1084 %, implying that it generated $0.1084 on every 100 dollars invested. Summit Midstream's management efficiency ratios could be used to measure how well Summit Midstream manages its routine affairs as well as how well it operates its assets and liabilities. As of December 27, 2024, Return On Tangible Assets is expected to decline to -0.02. In addition to that, Return On Capital Employed is expected to decline to 0.03. At present, Summit Midstream's Intangibles To Total Assets are projected to slightly decrease based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 0.64, whereas Total Assets are forecasted to decline to about 2 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 81.60 | 77.52 | |
| Tangible Book Value Per Share | 64.60 | 61.37 | |
| Enterprise Value Over EBITDA | 9.51 | 9.03 | |
| Price Book Value Ratio | 0.53 | 0.50 | |
| Enterprise Value Multiple | 9.51 | 9.03 | |
| Price Fair Value | 0.53 | 0.50 |
Summit Midstream has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Enterprise Value Revenue 2.4317 | Revenue 469.6 M | Quarterly Revenue Growth 0.035 | Revenue Per Share 44.885 | Return On Equity 0.1084 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Summit Midstream insiders, such as employees or executives, is commonly permitted as long as it does not rely on Summit Midstream's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Summit Midstream insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Summit Midstream Corporate Filings
F4 | 23rd of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 12th of December 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 6th of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 4th of December 2024 An amendment to a previously filed Form 8-K | ViewVerify |
Summit Midstream Earnings per Share Projection vs Actual
Summit Midstream Corporate Management
| James Johnston | General VP | Profile | |
| Carrie Vruno | VP Controller | Profile | |
| Hugo Guerrero | Senior Operations | Profile | |
| Randall Burton | Treasurer Finance | Profile | |
| Matthew Sicinski | Senior Officer | Profile |
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Is Oil & Gas Storage & Transportation 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 Midstream. 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 Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 6.19 | Revenue Per Share 44.885 | Quarterly Revenue Growth 0.035 | Return On Assets 0.0226 | Return On Equity 0.1084 |
The market value of Summit Midstream 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 Midstream's value that differs from its market value or its book value, called intrinsic value, which is Summit Midstream's 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 Midstream's market value can be influenced by many factors that don't directly affect Summit Midstream's 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 Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Midstream'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.