Summit Net Income From Continuing Ops vs Total Revenue Analysis

SUM Stock

USD 40.00 0.63 1.60%

Summit Materials financial indicator trend analysis is much more than just breaking down Summit Materials prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Summit Materials is a good investment. Please check the relationship between Summit Materials Net Income From Continuing Ops and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.

Net Income From Continuing Ops vs Total Revenue

Net Income From Continuing Ops vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Summit Materials Net Income From Continuing Ops account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.

The correlation between Summit Materials' Net Income From Continuing Ops and Total Revenue is 0.75. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Summit Materials, assuming nothing else is changed. The correlation between historical values of Summit Materials' Net Income From Continuing Ops and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Summit Materials are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income From Continuing Ops i.e., Summit Materials' Net Income From Continuing Ops and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income From Continuing Ops

Total Revenue

Total revenue comprises all receipts Summit Materials generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Summit Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Summit Materials current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.At this time, Summit Materials' Selling General Administrative is very stable compared to the past year. As of the 28th of April 2024, Discontinued Operations is likely to grow to about 2.9 M, while Enterprise Value is likely to drop about 2.7 B.

	2021	2022	2023	2024 (projected)
Interest Expense	92.2M	87.0M	114.2M	99.0M
Depreciation And Amortization	247.2M	209.2M	217.6M	177.8M

Interest Expense Depreciation And Amortization

Summit Materials fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Common Stock Shares Outstanding		0.96	0.91	0.9	0.89	0.9	0.97	0.39	0.81	0.7	0.91	0.89	0.97	0.79	0.89	0.92	0.97	-0.95	0.95	0.94	0.25	0.83	0.95	0.8	0.68	-0.12
Total Assets	0.96		0.96	0.95	0.94	0.97	0.99	0.3	0.87	0.8	0.96	0.89	0.99	0.87	0.89	0.97	0.98	-0.88	0.97	0.98	0.4	0.89	0.98	0.91	0.79	-0.03
Short Long Term Debt Total	0.91	0.96		0.97	0.95	0.87	0.95	0.47	0.97	0.71	0.91	0.78	0.95	0.9	0.78	0.9	0.96	-0.88	0.99	0.96	0.43	0.87	0.99	0.9	0.76	-0.02
Other Current Liab	0.9	0.95	0.97		0.98	0.88	0.96	0.42	0.92	0.74	0.94	0.81	0.94	0.94	0.81	0.93	0.95	-0.88	0.96	0.92	0.42	0.86	0.96	0.88	0.76	0.05
Total Current Liabilities	0.89	0.94	0.95	0.98		0.86	0.94	0.41	0.89	0.72	0.97	0.8	0.94	0.95	0.8	0.94	0.94	-0.84	0.95	0.91	0.38	0.84	0.96	0.84	0.74	0.2
Total Stockholder Equity	0.9	0.97	0.87	0.88	0.86		0.95	0.09	0.76	0.85	0.91	0.9	0.93	0.79	0.9	0.95	0.91	-0.8	0.89	0.94	0.43	0.87	0.89	0.92	0.8	-0.04
Property Plant And Equipment Net	0.97	0.99	0.95	0.96	0.94	0.95		0.33	0.87	0.78	0.96	0.88	0.99	0.87	0.88	0.97	0.99	-0.92	0.97	0.98	0.36	0.89	0.98	0.87	0.76	-0.04
Current Deferred Revenue	0.39	0.3	0.47	0.42	0.41	0.09	0.33		0.52	-0.13	0.28	0.22	0.37	0.34	0.22	0.19	0.39	-0.51	0.46	0.31	-0.21	0.16	0.46	0.14	0.0	-0.04
Net Debt	0.81	0.87	0.97	0.92	0.89	0.76	0.87	0.52		0.61	0.84	0.6	0.87	0.88	0.6	0.81	0.88	-0.81	0.93	0.9	0.46	0.81	0.93	0.86	0.69	-0.01
Retained Earnings	0.7	0.8	0.71	0.74	0.72	0.85	0.78	-0.13	0.61		0.76	0.74	0.73	0.69	0.74	0.79	0.71	-0.67	0.7	0.77	0.78	0.94	0.7	0.83	0.97	-0.07
Accounts Payable	0.91	0.96	0.91	0.94	0.97	0.91	0.96	0.28	0.84	0.76		0.83	0.96	0.94	0.83	0.98	0.95	-0.81	0.94	0.92	0.37	0.85	0.95	0.84	0.75	0.14
Cash	0.89	0.89	0.78	0.81	0.8	0.9	0.88	0.22	0.6	0.74	0.83		0.88	0.69	1.0	0.87	0.86	-0.81	0.83	0.83	0.24	0.77	0.83	0.73	0.7	-0.04
Non Current Assets Total	0.97	0.99	0.95	0.94	0.94	0.93	0.99	0.37	0.87	0.73	0.96	0.88		0.87	0.88	0.97	1.0	-0.91	0.98	0.97	0.3	0.86	0.98	0.83	0.72	-0.04
Non Currrent Assets Other	0.79	0.87	0.9	0.94	0.95	0.79	0.87	0.34	0.88	0.69	0.94	0.69	0.87		0.69	0.9	0.87	-0.73	0.9	0.83	0.45	0.81	0.91	0.81	0.74	0.15
Cash And Short Term Investments	0.89	0.89	0.78	0.81	0.8	0.9	0.88	0.22	0.6	0.74	0.83	1.0	0.88	0.69		0.87	0.86	-0.81	0.83	0.83	0.24	0.77	0.83	0.73	0.7	-0.04
Net Receivables	0.92	0.97	0.9	0.93	0.94	0.95	0.97	0.19	0.81	0.79	0.98	0.87	0.97	0.9	0.87		0.96	-0.82	0.94	0.94	0.36	0.85	0.94	0.85	0.76	0.06
Good Will	0.97	0.98	0.96	0.95	0.94	0.91	0.99	0.39	0.88	0.71	0.95	0.86	1.0	0.87	0.86	0.96		-0.91	0.99	0.97	0.29	0.85	0.99	0.83	0.71	-0.06
Common Stock Total Equity	-0.95	-0.88	-0.88	-0.88	-0.84	-0.8	-0.92	-0.51	-0.81	-0.67	-0.81	-0.81	-0.91	-0.73	-0.81	-0.82	-0.91		-0.9	-0.87	-0.28	-0.82	-0.89	-0.73	-0.66	0.2
Non Current Liabilities Total	0.95	0.97	0.99	0.96	0.95	0.89	0.97	0.46	0.93	0.7	0.94	0.83	0.98	0.9	0.83	0.94	0.99	-0.9		0.97	0.35	0.86	1.0	0.85	0.73	-0.03
Inventory	0.94	0.98	0.96	0.92	0.91	0.94	0.98	0.31	0.9	0.77	0.92	0.83	0.97	0.83	0.83	0.94	0.97	-0.87	0.97		0.42	0.89	0.97	0.9	0.78	-0.03
Other Current Assets	0.25	0.4	0.43	0.42	0.38	0.43	0.36	-0.21	0.46	0.78	0.37	0.24	0.3	0.45	0.24	0.36	0.29	-0.28	0.35	0.42		0.73	0.35	0.63	0.85	0.0
Other Stockholder Equity	0.83	0.89	0.87	0.86	0.84	0.87	0.89	0.16	0.81	0.94	0.85	0.77	0.86	0.81	0.77	0.85	0.85	-0.82	0.86	0.89	0.73		0.86	0.88	0.96	-0.08
Total Liab	0.95	0.98	0.99	0.96	0.96	0.89	0.98	0.46	0.93	0.7	0.95	0.83	0.98	0.91	0.83	0.94	0.99	-0.89	1.0	0.97	0.35	0.86		0.85	0.73	-0.01
Property Plant And Equipment Gross	0.8	0.91	0.9	0.88	0.84	0.92	0.87	0.14	0.86	0.83	0.84	0.73	0.83	0.81	0.73	0.85	0.83	-0.73	0.85	0.9	0.63	0.88	0.85		0.84	-0.01
Total Current Assets	0.68	0.79	0.76	0.76	0.74	0.8	0.76	0.0	0.69	0.97	0.75	0.7	0.72	0.74	0.7	0.76	0.71	-0.66	0.73	0.78	0.85	0.96	0.73	0.84		-0.01
Short Term Debt	-0.12	-0.03	-0.02	0.05	0.2	-0.04	-0.04	-0.04	-0.01	-0.07	0.14	-0.04	-0.04	0.15	-0.04	0.06	-0.06	0.2	-0.03	-0.03	0.0	-0.08	-0.01	-0.01	-0.01

Click cells to compare fundamentals

Summit Materials Account Relationship Matchups

Summit Materials fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	114.6M	116.6M	120.7M	120.6M	119.8M	91.5M
Total Assets	4.1B	4.3B	4.2B	4.3B	5.1B	3.6B
Short Long Term Debt Total	1.9B	1.9B	1.6B	1.5B	2.3B	1.7B
Other Current Liab	152.7M	170.8M	160.6M	133.7M	186.9M	141.8M
Total Current Liabilities	299.3M	322.7M	309.1M	255.8M	323.0M	274.9M
Total Stockholder Equity	1.4B	1.6B	1.8B	2.0B	2.3B	1.3B
Property Plant And Equipment Net	1.8B	1.9B	1.9B	1.9B	2.0B	1.7B
Current Deferred Revenue	13.9M	16.5M	7.4M	5.7M	8.2M	8.9M
Net Debt	1.6B	1.5B	1.3B	1.0B	2.0B	1.4B
Retained Earnings	188.8M	326.8M	479.0M	590.9M	876.8M	920.6M
Accounts Payable	116.4M	120.8M	128.2M	104.0M	123.6M	107.7M
Cash	311.3M	418.2M	381.0M	520.5M	374.2M	266.7M
Non Current Assets Total	3.3B	3.4B	3.4B	3.2B	3.4B	2.8B
Non Currrent Assets Other	55.5M	55M	58.7M	44.8M	59.1M	54.1M
Cash And Short Term Investments	311.3M	418.2M	381.0M	520.5M	374.2M	266.7M
Net Receivables	266.3M	263.4M	294.8M	263.2M	287.3M	230.1M
Good Will	1.2B	1.2B	1.2B	1.1B	1.2B	940.0M
Common Stock Total Equity	1.1M	1.1M	1.2M	1.2M	1.1M	1.0M
Liabilities And Stockholders Equity	4.1B	4.3B	4.2B	4.3B	5.1B	3.6B
Non Current Liabilities Total	2.3B	2.4B	2.1B	2.0B	2.5B	2.0B
Inventory	204.8M	200.3M	180.8M	212.5M	241.4M	185.8M
Other Current Assets	13.8M	11.4M	13.1M	20.8M	829.4M	870.8M
Other Stockholder Equity	1.2B	1.3B	1.3B	1.4B	2.3B	2.4B
Total Liab	2.6B	2.7B	2.4B	2.2B	2.8B	2.3B
Property Plant And Equipment Gross	1.8B	1.9B	1.9B	1.9B	3.4B	1.8B
Total Current Assets	796.3M	893.3M	869.6M	1.0B	1.7B	1.8B
Accumulated Other Comprehensive Income	3.4M	5.2M	7.1M	3.1M	7.3M	7.6M
Short Term Debt	16.4M	14.5M	12.9M	12.4M	12.4M	10.1M
Intangible Assets	23.5M	47.9M	69.4M	71.4M	68.1M	36.3M
Common Stock	1.1M	1.1M	1.2M	1.2M	1.2M	1.1M
Other Liab	406.6M	455.2M	486.9M	456.4M	524.8M	336.8M
Other Assets	267.9M	286.9M	263.3M	181.8M	209.1M	197.2M
Long Term Debt	1.9B	1.9B	1.6B	1.5B	2.3B	1.7B
Property Plant Equipment	1.8B	1.9B	1.9B	1.9B	2.1B	1.7B
Net Tangible Assets	221.6M	367.1M	590.1M	808.1M	929.3M	975.7M
Short Long Term Debt	4.8M	6.4M	7.9M	5.1M	3.8M	4.7M
Retained Earnings Total Equity	188.8M	326.8M	479.0M	590.9M	679.5M	713.5M
Long Term Debt Total	1.9B	1.9B	1.6B	1.5B	1.7B	1.8B
Capital Surpluse	1.2B	1.3B	1.3B	1.4B	1.6B	1.2B

Currently Active Assets on Macroaxis

GM	General Motors
S	SentinelOne
MSFT	Microsoft
C	Citigroup
F	Ford Motor

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:

How To Invest In Summit

Details

Is Summit Stock a good investment?

Details

What is Summit Materials' Net Worth?

Details

Largest Construction Materials Companies

View

Largest Building Materials Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Summit Stock, please use our How to Invest in Summit Materials guide.

You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Summit Stock analysis

When running Summit Materials' price analysis, check to measure Summit Materials' 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 Materials is operating at the current time. Most of Summit Materials' value examination focuses on studying past and present price action to predict the probability of Summit Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Materials' price. Additionally, you may evaluate how the addition of Summit Materials to your portfolios can decrease your overall portfolio volatility.

	CEOs Directory Screen CEOs from public companies around the world
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity

Is Summit Materials' industry 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

(0.90)

Earnings Share

2.39

Revenue Per Share

22.004

Quarterly Revenue Growth

0.195

Return On Assets

0.0438

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Summit Net Income From Continuing Ops vs Total Revenue Analysis

Net Income From Continuing Ops vs Total Revenue

Net Income From Continuing Ops vs Total Revenue Correlation Analysis

Correlation Coefficient

Net Income From Continuing Ops

Total Revenue

Summit Materials fundamental ratios Correlations

Summit Materials Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Summit Materials fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for Summit Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total

Common Stock Total Equity	- 0.95	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.92	Property Plant And Equipment Net
Common Stock Total Equity	- 0.91	Good Will
Common Stock Total Equity	- 0.91	Non Current Assets Total
Non Current Liabilities Total	- 0.9	Common Stock Total Equity
Total Liab	- 0.89	Common Stock Total Equity